EBRD to grant Modern-Expo Group $15 mln development loan

The European Bank for Reconstruction and Development (EBRD) will grant Modern-Expo Group a $15 million investment loan for automation and robotization of production in plants in Belarus and Ukraine, as well as support for its innovation center, the company said.

“The loan will allow the development of modern technologies in retail, including work on the use of artificial intelligence, neuromarketing and big data, which will also help us better match our offer to the needs of customers,” said the owner of the company, Bogdan Łukasik.

Modern-Expo Group is a producer and supplier of modern equipment for the retail industry. It provides its range to major international retailers such as Auchan, Carrefour, Tesco, Żabka Polska, British American Tobacco, CCC and many others.

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