“Agriculture is a highly important sector for us,” said Ana-Maria Mihaescu, head of IFC’s office in Romania.
Mihaescu said the IFC is in talks with several Romanian companies to finance agriculture and infrastructure projects, but she didn’t give any names.
Romanian Agricover Credit IFN, part of agribusiness group Agricover, said earlier Wednesday that it will borrow EUR12.5 million from IFC for on-lending to qualified small and medium sized farmers.