Press breakfast hosted on 24 May on a subject "The deal between the confectionery factory "ZhL" and one of the largest banks of Netherlands Rabobank nominated as " Deal of the Year" by the three world-known British publications: Trade & Forfaiting Review (London), Global Trade Review (London), and Trade Finance Magazine (London)."
The event was attended by the chief editor of the British magazine «Trade & Forfaiting Review» Clarissa Dann, General Manager ALC " ZhL" Evgeny Gamov, Deputy General Manager on Marketing ALC " ZhL" Oksana Shybetska, chief executive IBcontacts Kateryna Barabash, Head of Legal Department IBcontacts Oleg Dorofeev.
A five-year buyer’s credit export finance deal for one of the top five confectionery factories in the Ukraine ‘ZhL’ was financed by international bank Rabobank (Netherlands). Insurance coverage of bargain has been granted by Atradius Dutch State Business NV - state export credit agency (ECA) of the Netherlands. The company IBcontacts was responsible for structuring the project and preparing analytical documentation.
The main accomplishment of the present deal is that it has opened the market of international finance to the Ukrainian companies that are not among top 100, including 'ZhL' confectionary factory with the annual turnover of US$100m dollars. This project has become an important achievement for us and started a new stage in the development of our company,” commented on the deal the General Manager ALC " ZhL" Evgeny Gamov.
The implementation of this deal significantly influenced the strategic development of ALC "ZhL", as the buying of a new production line increased production capacity of the factory, as well as opened up the new opportunities for the company, which has already started construction of another workshop and gradually goes out to markets with international capital.