The International Finance Corporation (IFC), in the syndicated facility with FMO and DEG, respectively Dutch and German development banks, have successfully disbursed to Trans Oil Group of Companies the final tranche of the US$70,000,000 facility announced in August 2012, IPN reports, quoting the Group’s website. Vincenzo Turrisi, COO of Trans Oil, said that it was an important milestone for the company. “Together with our new partners, we are now ready to focus on enhancing our business in terms of growth in both oilseeds processing and agriculture farming and grain trading in the region. We are as well putting emphasis on environment and sustainability. We have already started some important capital investments in order to make our crushing plant in Balti (Floarea Soarelui) more efficient and eco-friendly, meeting the highest international standards. “Agriculture production will become a more important part of our business portfolio as the Republic of Moldova shows a high potential of improvement, development and consolidation. The support of the IFC and syndicated and parallel lenders has been essential and for sure will help the group to achieve its strategic targets of becoming significant regional player.” Trans Oil Group of Companies is a leader on the grain market of Moldova.