Eczacıbaşı family

EBRD provides 45.5 mln euro loan to Eczacıbaşı

The European Bank for Reconstruction and Development (EBRD) has said it is supporting Morocco's hygiene products sector with 45.5 million euros of loan to Eczacıbaşı Consumer Products Maroc SARL (ECP Maroc).

It is the first cross-border acquisition financing package of its kind, the development bank said in a statement.

Istanbul Modern welcomes its architect

Istanbul's museum of modern art, Istanbul Modern, moved on May 4 into a new building overlooking the Bosphorus Strait, designed by Renzo Piano, the Italian-born architect of London's Shard skyscraper and the Pompidou Center in Paris.

Established in 2004, the Istanbul Modern in 2018 moved out of a rustic building that once served as a customs warehouse.

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