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Back 21 Mar 2025

Food Empire receives US$10 mil loan to build new manufacturing facility in Kazakhstan ​  

Link: https://links.sgx.com/1.0.0/corporate-announcements/JQMR2NULXMGONQ61/d6feba07d4ec792b1e75f5b25036aa954e7f5e1af7fb2f968fa6b5462514ea9c

Summary: Food Empire secured a US$10 million loan from the European Bank for Reconstruction and Development to build a new coffee-mix manufacturing facility in Kazakhstan. The facility will produce instant beverage products, including MacCoffee, and export up to 50% to Central Asia and the Caucasus.