European Development Finance Institutions provide €50 million loan to Ukrainian agribusiness product manufacturer
EBRD and Development Finance Institutions Invest €100m in MHP SE for Food Security and Economic Growth
The European Bank for Reconstruction and Development (EBRD) has announced a significant investment of €100 million in MHP SE, a leading Ukrainian agribusiness products producer. This funding package, which also includes €50 million from Swedish and British development finance institutions, is aimed at supporting resilience and safeguarding jobs in the Ukrainian food and agricultural sectors.
The investment will be used to fund MHP's strategic investment programme, which includes enhancing energy security, improving production and operational efficiency, and geographical diversification.
Energy Security and Sustainability
While specific energy security measures for MHP SE are not directly mentioned, the broader EBRD support for Ukraine includes considerable investment in energy resilience, promoting renewable energy expansion, and funding infrastructure projects to reinforce energy security across sectors. This alignment suggests that the financing for MHP SE is in line with the EBRD's goals to support sustainable and secure energy development in Ukrainian companies.
Production Efficiency
MHP's recent acquisitions, such as Spain’s Grupo UVESA, have emphasized operational excellence, efficiency improvements, and product innovation. The EBRD financing aims to bolster such efficiency enhancements, helping MHP adapt and improve production amidst challenging conditions.
Geographical Diversification
MHP is actively expanding beyond Ukraine, as evidenced by its acquisition of Grupo UVESA and plans to enhance its export capacity in European and Middle Eastern markets. The EBRD-supported financing is linked to building resilience that enables such expansion, helping MHP diversify geographically.
Supporting Gender Equality and Skilled Workforce Development
The investment will also enhance MHP's internal HR practices to promote gender equality and career development. Furthermore, it will fund training programmes for young people, helping to build a skilled and resilient workforce for the future.
Notably, the investment will facilitate the reintegration of war veterans into the workforce by providing psychological training. MHP has already brought over 370 veterans into employment, according to British International Investment (BII), which is also part of the financing package.
Contributing to Ukraine's Economic Stability
The Swedish government has allocated SEK 500m (€44.6m) for investments in Ukraine in 2025, and the UK government's budget allocation to British International Investment (BII) for supporting Ukraine's reconstruction is £250m. The EBRD's work in Ukraine and its neighbors is essential for making Ukraine more self-sustaining and less reliant on external budget support.
Swedfund, a Swedish development finance institution, is also involved in the €100m financing package for MHP. Swedfund has previously invested in the Ukrainian IT and energy sectors and has more than 30 projects supporting the public sector with feasibility studies within critical infrastructure and recovery, such as energy, water, wastewater, and digitalisation.
The EBRD has been a key player in supporting Ukraine's private sector during both peacetime and wartime, as it creates jobs, sustains livelihoods, provides crucial tax revenues for the war effort, and contributes to a healthy economy. This latest investment in MHP SE aligns with the EBRD's mandate to support the private sector and co-invest with experienced partners in key sectors such as agriculture, green infrastructure, energy, and financial services.
- The European Bank for Reconstruction and Development's (EBRD) investment of €100 million in MHP SE is concurrent with a €50 million investment from Swedish and British development finance institutions, collectively totaling €150 million.
- The EBRD's funding package for MHP SE aims to shore up stability and maintain jobs within the Ukrainian food and agricultural industries.
- This investment will be allocated towards MHP's strategic investment program, which includes enhancing energy security, improving production and operational efficiency, and geographical diversification.
- MHP's strategic acquisitions, like Spain's Grupo UVESA, have underscored the importance of operational excellence, efficiency improvements, and innovative product offerings.
- The EBRD's financial support will further bolster these efficiency enhancements within MHP, allowing the company to adapt and improve production in challenging conditions.
- In addition to its investment in MHP, the EBRD has made significant commitments to Ukraine, focusing on energy resilience, renewable energy expansion, and infrastructure projects ensuring long-term energy security.
- This commitment to sustainable and secure energy development aligns with the EBRD's goals for Ukrainian companies.
- Among its numerous projects, Swedfund, a Swedish development finance institution, has invested in Ukraine's IT and energy sectors, as well as financing feasibility studies within critical infrastructure and recovery sectors, such as energy, water, wastewater, and digitalization.
- The EBRD's investment in MHP SE will facilitate the reintegration of war veterans into the workforce, providing psychological training to help them re-enter the workforce.
- MHP has already employed over 370 veterans through its efforts, as supported by British International Investment (BII), which is also contributing to the €100 million financing package.
- Training programs for young people and promoting gender equality and career development are part of MHP's focus on building a skilled and resilient workforce for the future.
- As the Swedish government has allocated SEK 500m (€44.6m) for investments in Ukraine in 2025, and the UK government's budget allocation to British International Investment (BII) for supporting Ukraine's reconstruction is £250m, the EBRD's work in Ukraine is essential for self-sustainability and reduced external budget reliance.
- Recognized as a vital player in supporting Ukraine's private sector, the EBRD has bolstered economic growth through job creation, sustaining livelihoods, providing crucial tax revenues for the war effort, and contributing to a healthy economy.
- The EBRD's mandate encompasses co-investing with experienced partners in key sectors, such as agriculture, green infrastructure, energy, and financial services, thus supporting the private sector and furthering global development in technology, education, lifelong learning, sports, and other industries.