US$ 3 million loan from EBRD
In order to provide modern water treatment solutions for households and businesses in Ukraine, the European bank of reconstruction and development (EBRD) is extending a US$ 3 million loan to Ecosoft, the country’s leading producer of water purification equipment.
A five-year loan will let the company increase its production capacity by purchasing additional injection moulding equipment intended to improve its range of pitcher water filters. Ecosoft will also commission a new warehouse and launch the production of reverse osmosis filtering membranes. These steps are taken to supply domestic customers with an affordable high-tech alternative to imported water filters.
Sevki Acuner, EBRD Director for Ukraine, said: “Ecosoft has been known to us since 2012 through our advisory program for small businesses. We are pleased to witness the progress and the expansion of this high-tech company, which is now exporting its filters to more than 50 countries around the world. Customers will be able enjoy better-quality drinking water while spending less on its treatment.”