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Contract signing between EBRD and Victoria Group On 28th April 2009 EBRD signed contract with Victoria Group making an equity investment of €40 million in Victoria Group, Serbia’s largest private agribusiness company, to help the company raise corporate governance standards and expand its operations as an agribusiness leader in Serbia and region. This transaction is the EBRD’s largest equity investment in the corporate sector in Serbia and the second largest equity investment in the country following the Bank’s acquisition of a 25 % stake in Komercijalna banka in 2006. The EBRD funds will be used to finance the company’s working capital needs and the restructuring of its balance sheet. The equity injection by the EBRD will provide a sustainable capital base for the further development of the company’s agribusiness operations. The EBRD will also be represented on the company’s Supervisory Board.