On April 8th DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, a member of the German KfW banking group, provided to ASTARTA US$10 mln tranche of earlier approved US$20 mln financing.

This 7-year loan tranche is aimed to secure working capital financing of the Company.

The financing provided by DEG will support ASTARTA’s long-term financial stability as well as successful completion of all seasonal works and business processes despite the current economic situation, caused by Covid-19 pandemic in Ukraine and worldwide.