The loan will support the company to upgrade and expand its operations and increase its capacity. The new warehouse will support the development of the group’s wholesale business which will lead to a diversification of its operations.
The Calihory Group is formed of the company Siepcofar S.A., the third-largest pharmaceutical retailer in Romania operating under the DONA brand, and DONA Logistica S.R.L., the logistics arm of the Group.
DONA had 284 pharmacies in Romania and revenues of almost EUR200 million in 2016.
Legal advice was provided by the law firm RTPR Allen & Overy.
The EBRD has invested close to EUR7.5 billion in the country to date in almost 400 projects.