The EIB has agreed to provide a EUR 65m loan to KCM AD, a Bulgarian producer of lead and zinc, to raise its production output by 25%. At the same time, the company’s use of recycled materials will increase significantly, resulting in a more efficient and sustainable production process. KCM’s zinc is used in galvanised steel products, the production of die-cast alloys and of brass and bronze products, while its lead is primarily directed towards the automotive and industrial battery sectors. The company employs more than 1 500 people.
Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.