EBRD to invest €10 million in Belarusian meat producer
Servolux is a privately owned vertically integrated Belarusian agricultural group operating in several segments, including manufacturing of poultry, processed meat, dairy products and animal fodder as well as food retail.
EBRD announce that it plans to promote animal welfare standards and ecologically friendly business solutions.
The investment projects includes the construction of a new meat processing facility in Smolevichi which will have a production capacity of 70 tonnes of meat per day.
In addition, Servolux will build a 6.58MW combined cooling heat and power unit (CCHP), which will supply electricity and heat to the processing facility and will reduce annual C02 emissions by 6,200 tonnes.
"The project is eligible for a grant under the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) programme designed to promote best available technologies, which will lead to a reduction in greenhouse gas emissions," EBRD announced.
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