Romania’s Carmistin secures EUR 485 mln financing to expand production capacity, support export plans

Romanian agri-food group Carmistin has secured a EUR 485 million syndicated credit to support its planned investments.

The credit will finance two strategic projects for the group, Carmistin said. The first one entails the development of a large-capacity pork meat processing unit, while the second consists of expanding and modernizing the group’s genetics and reproduction capacities. The investment plan also includes building a food products plant, with an output meant primarily for export.