07.10.2024
Arkas Logistics has secured an agreement with the European Bank for Reconstruction and Development (EBRD) for a loan of up to 23.5 million euros. This loan will be used to purchase heavy equipment, wagons, and supplementary machinery.
Operating under Arkas Holding, Arkas Logistics continues its growth and investments with its strong organizational structure and its motto, “The Power Behind Logistics.”
As part of this, Arkas Logistics has signed a long-term loan agreement with the EBRD for up to 23.5 million euros to strengthen its competitive position in the Turkish logistics sector.
The company will use the funds to invest in heavy equipment that supports the supply chain for transporting and assembling wind turbine components. Additionally, it plans to buy wagons and equipment for transporting goods by rail, promoting a shift from road to rail transport.
The loan signing was celebrated at a dinner in Izmir, attended by executives from both the EBRD and Arkas. Key attendees included Nandita Parshad, Managing Director of the EBRD’s Sustainable Infrastructure Group, Elisabetta Falcetti, EBRD Managing Director for Türkiye and the Caucasus, Sule Kilic, EBRD Deputy Country Head for Türkiye, and Idil Gursel, EBRD Regional Head of Infrastructure. Representing Arkas Holding were Lucien Arkas, Arkas Holding Chairman, along with Bernard Arkas, Arkas Holding Vice President, Diane Arkas Gocmez, Arkas Holding Vice President, Onur Gocmez, Arkas Holding Logistics Group President, Perla Karmona, Arkas Holding Chief International Finance Officer, Cenk Sivrioglu, Arkas Holding Financial Affairs Vice President – Accounting and Fiscal Planning, Orhun Alsan, Arkas Holding Financial Affairs Vice President – Treasury and Loans, and Gulsah Karan, International Finance Director.