EBRD, EU support help Serbian packaging producer Comex upgrades equipment to meet highest global standards

SERBIA – Comex, a Serbian company specialising in the production of flexible food and non-food packaging and wrapping materials, is the latest beneficiary of an EBRD and European Union (EU)-supported programme that helps small and medium-sized enterprises (SMEs) access credit lines.   Through the program, Comex invested in a new printing machine, financed with a €1 million (US$1.19 million) loan from Banca Intesa. In addition to the loan, the company also received a €150,000 grant, funded by the EU.  According to EBRD, the grant which is 15% of the loan secured by businesses through its programme was aimed at significantly…

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