Moore Stephens KSC provides support to enable JSC “Orhei-Vit” secure a long-term corporate loan from Black Sea Trade & Development Bank

Moore Stephens KSC’s business advisory team prepared and provided market research and financial due diligence report to support JSC “Orhei-Vit - a leading private producer and exporter of juices in Republic of Moldova to secure a 7-year corporate loan of over EUR 7 million from Black Sea Trade & Development Bank (BSTDB), one of firsts given in the Republic of Moldova.

The corporate loan will help JSC “Orhei-Vit” company to finance its capital expenditure program and working capital needs, as well as to refinance the existing loans from financial institutions. This financing will help JSC “Orhei-Vit” to increase the production capacity and efficiency of company’s operations which will also benefit farmers and consumers in Republic of Moldova.

Congratulating JSC “Orhei-Vit” Mr. Mamas Koutsoyiannis, the CEO of Moore Stephens KSC said, “The business is well placed to continue its strong growth momentum and we wish them every success for the future.” “We are delighted to have provided support to Black Sea Trade & Development Bank in assessing the strategic goals of the Company and help to forecast the Company’s and Group’s performance for the proposed duration of the financing facility.”
 
Acknowledging Moore Stephens KSC’s role in the project, Mr. Igor Leshukov, BSTDB Vice President Banking, said, “The quality market research and financial due diligence report provided by Moore Stephens KSC were essential in our project preparation and risk assessment. We will be happy to collaborate again with Moore Stephens KSC in the future."