18 May 2018
The Modovan company GT Doina Ioana – Agricultural Company – Cereals, Wheat, Sunflower, Corn
Supporting the competitiveness of the rural communities and agricultural companies is important for all countries, and especially important for Moldova with its important agricultural sector. The EU4Business-EBRD Credit Line supported the company GT Doina Ioanain, a specialist in the cultivation of cereals, wheat, sunflower and corn, in upgrading its harvesting equipment. The new harvester allows the company to increase its productivity, produce higher quality output and safeguard the health and security of its workers/equipment operators. In addition, the new machine is more energy efficient. The new harvester was purchased with a EU4Business-EBRD Credit Line loan using the simple LET approach for standardised equipment. After successful project verification, the company received 10% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.
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For Ukrainian farmer Roman Kirsa, modernising agricultural machinery meant more than simply replacing old equipment.
Ukrainian farmers across the country demonstrate resilience and courage every day.
The agricultural sector has suffered significant losses due to intensive military operations, occupation of agricultural lands, personnel shortages and problems with logistics.
