EBRD LOANS MONEY TO BULGARIA MEAT PRODUCER

BY KEITH NUTHALL BRITISH meat producers will have to face a new and strengthened competitor from Bulgaria once the country joins the European Union (EU) on January 1, the European Bank for Reconstruction and Development (EBRD) has confirmed. It has formally approved a low interest Euro 15 million loan to boost production at the country's dominant pigmeat specialist Boni Holding, reforming the company's pig farms, building a new cutting/de-boning hall, and meat processing units. It will also help it meet EU health and environmental regulations, critical, given ...


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