The European Bank for Reconstruction and Development (EBRD) is considering a $20m loan to Sarten, the Turkish metal, PET and plastic packaging company.

Sarten hopes the funds will help extend the maturity of its short-term debt incurred to finance its long-term investments in 2010.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The funding will condition the planned acquisition and full consolidation of Sarten’s Bulgarian and Romanian operations, which are currently directly owned by the Saribekir family.

The project aims to improve the transparency of the company’s ownership structure and is set to enhance its corporate governance.

Sarten has 13 production plants in Turkey and neighbouring countries.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Packaging Gateway Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Packaging Gateway Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now