HomeEurope NewsEBRD lends €50M to Türkiye’s sustainable frozen food producer

EBRD lends €50M to Türkiye’s sustainable frozen food producer

BAKU, Azerbaijan, November 12. The European
Bank for Reconstruction and Development (EBRD) is providing 50
million euros to Özgörkey Otomotiv Turizm Gida, Türkiye’s frozen
food producers, to finance a new production line for potato
products and snacks, Trend reports.

The investment will introduce modern, energy-efficient
technology, reducing water and electricity consumption and
minimizing waste. The project will also create 90 new jobs,
addressing skills gaps in the frozen food sector, and implement a
digital platform for farmers and suppliers to improve farming
practices and digital expertise.

“By embedding sustainable practices and optimising resource use,
Özgörkey is strengthening competitiveness while reducing
environmental impact,” said EBRD Deputy Head of Türkiye Mehmet
Erdem Yasar.

Özgörkey Group’s CEO Erkan Tabak added, “This innovative model
supports food resilience and helps curb food inflation across
Türkiye’s frozen food sector.”

Özgörkey produces French fries, vegetables, fruits, coated
products, and desserts. The company aims to enhance food security
by expanding long-term frozen food storage and promoting contract
farming, stabilizing prices and supply chains.

Since 2009, the EBRD has invested over 22 billion euros in
Türkiye, mainly in private sector projects.

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