BSTDB LOAN EUR 15 MILLION TO SGI

Strengthening its engagement in Greece’s economy, BSTDB will provide a EUR 15 million loan to Marmor SG Marble and Granite Process S.A, a marble quarrying, processing and trading company operating in Kavalari in the Thessaloniki area of Northern Greece. The seven-year BSTDB loan will help advance expansion of Marmor’s production capacity and upgrade its equipment base. The operation will reinforce further the company's competitive position as exporter to the countries of the Black Sea region and beyond. Marmor has a strong export-oriented profile, selling 90% of its products to 85 countries, including BSTDB Member States such as Turkey, Russia, Romania, Bulgaria and Albania.