FULL SUPPORT FROM EBRD FOR THE TURKISH FOOD SECTOR

 

• EBRD has provided a €55 million loan to Yayla Agro Gıda.
• The loan will be used to support Yayla Agro Gıda's ongoing factory investment in Niğde and meet its working capital needs.
• The Joint Project will enhance sustainability within the company.

Yayla Agro Gıda Sanayi ve Ticaret A.Ş. ("Yayla Agro Gıda") and the European Bank for Reconstruction and Development ("EBRD") Continue Partnership to Support Growth and Development:

EBRD and TaiwanICDF have provided €55 million in financing to support Yayla Agro Gıda's growth plans and strengthen its position in the sector. The loan will be utilized for Yayla Agro Gıda's ongoing factory investment in Niğde and to meet its working capital needs.

Yayla Agro Gıda has been a longstanding business partner of EBRD, benefiting from the bank's expertise and financial support in previous projects. This ongoing cooperation reflects EBRD's confidence in Yayla Agro Gıda's strong financial and operational performance, innovative approaches, and commitment to sustainable business practices.

Hasan Gümüş, Chairman of the Board of Directors of Yayla Agro Gıda, stated, "We are pleased to expand our partnership with EBRD and move closer to achieving our goals with this loan. The financing will play a crucial role in guiding our company's global growth strategy, enabling us to strengthen our market position by producing health-oriented innovative products of high-quality standards, expanding our export markets, and creating new employment opportunities. With this long-term financing support, our company aims to contribute more to sustainability through digitalization and implementing correct agricultural practices in all production processes, in addition to groundbreaking innovations. Through this financing, we aim to enhance our intellectual capital accumulation by accelerating high value-added and environmentally sensitive manufacturing industry investments. By adding another important link to our longstanding cooperation with EBRD, which continues to invest in becoming a global brand, we express our gratitude for their continued support and trust in our business. Considering EBRD's belief in the dynamism of the Turkish industry, along with the geopolitical importance of our country and the business opportunities it offers, we approach the future with increased confidence."

 

ABOUT YAYLA AGRO GIDA:

 

Yayla Agro Gıda operates in the rice, pulses, and processed food sector, boasting 26 years of experience. With its international vision, wide product range, and latest technology-driven high production capacity, it stands as one of the leading companies in the industry.

Yayla Agro Gıda manufactures its products in Ankara and Mersin factories, making them available to customers across the Turkish market. More than 50% of its revenue comes from overseas sales, primarily under the brand name Legurme. Legurme, a foreign brand participating in the Turquality Brand program, is sold in over 70 countries. Yayla Agro Gıda continues to grow with the motto "Building a better future," offering quality, reliable, and innovative products that cater to evolving consumption habits and customer demands.

Entrepreneurship, dynamism, and innovation are embedded within Yayla Agro Gıda's company culture, positioning it as a socially conscious enterprise that shapes the present world, identifies trends, invests in them, and adopts proactive management. With this commitment, the company considers fostering a sense of belonging among all stakeholders as a prerequisite for sustainable growth.

In pursuit of becoming one of the world's leading brands in its category within global retail channels, the company is constructing a new factory in Niğde, with plans to go public as of May 2022. This initiative aims to produce value-added products aligned with the expectations and desires of consumers.