EBRD and TSKB to co-finance Turkish copper wire producer Mega Metal

The European Bank for Reconstruction and Development (EBRD) and Turkiye Sinai Kalkinma Bankasi (TSKB) – the Industrial Development Bank of Turkey – are jointly providing a €4 million loan to Turkey’s leading producer of superfine copper rod Mega Metal San. ve Tic. A.S. to address working capital needs in the face of the coronavirus pandemic.

Mega Metal, a pioneer in the production of copper wire in Turkey, is manufacturing oxygen-free electrolytic copper wire used primarily by global cable manufacturers. Mega Metal was established in 2004 and has been a client of TSKB since 2018

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