Ristone Holdings Secures EUR 3.17 Million Loan from Denmark's EIFO
Deal News | Feb 13, 2025 | CEE Legal Matters
Sayenko Kharenko, a prominent legal firm, advised the Export and Investment Fund of Denmark (EIFO) on facilitating a EUR 3.17 million loan to Ristone Holdings, an agro-industrial company based in southeastern Ukraine. The financing is part of EIFO's Ukraine Facility scheme, aimed at boosting Danish exports and investments in Ukraine. This strategic loan is intended to help Ristone Holdings expand its production capacity, including the purchase of advanced equipment from Alfa Laval. The loan facility underscores the concerted effort to strengthen economic ties between Denmark and Ukraine through sustainable growth in agro-industrial capacities. The legal team from Sayenko Kharenko involved Partner Anton Korobeynikov, Associate Vladyslava Mitsai, and Paralegals Polina Savinska, Artem Medvetskyi, and Mykola Suprunovych.
Sectors
- Finance
- Agro-Industry
- Legal Services
- Manufacturing
Geography
- Ukraine – Ristone Holdings is an agro-industrial holding company based in southeastern Ukraine.
- Denmark – The Export and Investment Fund of Denmark (EIFO) is the financing entity facilitating this loan.
Industry
- Finance – The article involves a financial transaction involving a loan from a government-backed fund.
- Agro-Industry – Ristone Holdings operates within the agro-industrial sector in Ukraine, focusing on production capacity expansion.
- Legal Services – Sayenko Kharenko provided legal advisory services for the transaction.
- Manufacturing – Involves the purchase of equipment from Alfa Laval, a leader in manufacturing innovative solutions for industrial applications.
Financials
- EUR 3.17 Million – Loan facility provided by the Export and Investment Fund of Denmark to Ristone Holdings.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Export and Investment Fund of Denmark | Lender | Government | Provides financing under the Ukraine Facility to support Danish exports and investments. |
| Ristone Holdings | Borrower | Company | An agro-industrial holding in southeastern Ukraine receiving the loan to expand production. |
| Sayenko Kharenko | Legal Advisor | Company | Ukrainian law firm advising on the loan facility arrangement. |
| Alfa Laval | Equipment Supplier | Company | A global leader in supplying innovative solutions for the food processing sector. |