Egg processor Ovostar has announced the successful completion of disbursement to AKA Ausfuhrkredit GmbH and Landesbank Berlin AG.

Euler Hermes AG provided an export credit cover for the seven-year loan.

A spokesperson said: “The loan proceeds obtained as a part of export financing programme are used to finance purchase of poultry housing equipment.

“This will enable the company to continue implementation of investment plans and materialise organic growth.”