Yuria-Pharm Expands with EBRD's EUR 15 Million Financing
Deal News | Apr 07, 2025 | CEE Legal Matters
Asters has advised the European Bank for Reconstruction and Development (EBRD) on a EUR 15 million financing agreement with Yuria-Pharm, a Ukrainian pharmaceutical company. This financial injection will support Yuria-Pharm's investment initiatives in Ukraine and Uzbekistan. In Ukraine, the funds aim to help the company certify its production under the EU Good Manufacturing Practice standard, introduce solar energy solutions, and implement IT system upgrades. In Uzbekistan, the capital will focus on expanding production capacity, introducing solar technology, and enhancing energy efficiency measures. Notably, in 2020, a similar transaction occurred where the EBRD loaned EUR 25 million to Yuria-Pharm, also advised by Asters. The advisory team from Asters included Partner Iryna Pokanay, Senior Associate Inna Bondarenko, and Associate Viktoria Zagreba.
Sectors
- Pharmaceuticals
- Finance
- Legal Services
- Renewable Energy
Geography
- Ukraine – Yuria-Pharm is based in Ukraine, and part of the investment will be focused on initiatives within the country.
- Uzbekistan – Part of the financing will be used to expand production facilities and improve energy efficiency in Uzbekistan.
Industry
- Pharmaceuticals – Yuria-Pharm is a pharmaceutical company engaged in the production and distribution of medical products.
- Finance – The European Bank for Reconstruction and Development (EBRD) is providing financial services to support Yuria-Pharm's investment plans.
- Legal Services – Asters, a law firm, provided legal advisory services for the financing agreement.
- Renewable Energy – The funding will be used for solar panel installation, contributing to the renewable energy initiatives of Yuria-Pharm.
Financials
- EUR 15 million – The amount of the loan provided by EBRD to Yuria-Pharm.
- EUR 25 million – The amount of a previous loan provided by EBRD to Yuria-Pharm in 2020.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Yuria-Pharm | Target Company | Company | A Ukrainian pharmaceutical company that received a EUR 15 million loan from the EBRD. |
| European Bank for Reconstruction and Development | Bidding Company | Company | An international financial institution that provided the EUR 15 million loan to Yuria-Pharm. |
| Asters | Legal Advisor | Company | A law firm that advised EBRD on the financing agreement with Yuria-Pharm. |
| Iryna Pokanay | Partner | Person | Partner at Asters who was part of the advisory team. |
| Inna Bondarenko | Senior Associate | Person | Senior Associate at Asters who was part of the advisory team. |
| Viktoria Zagreba | Associate | Person | Associate at Asters who was part of the advisory team. |