Uludağ, one of Türkiye’s oldest and largest soft drink brands, will receive a €25 million loan from the European Bank for Reconstruction and Development (EBRD) to finance investments in production lines and renewable energy capacity.
The loan will finance the installation of two aseptic production lines at the company’s factory in Yenice. These lines will operate without water, use dry sterilization methods that consume less energy, and minimize the use of chemicals.
The financing will also support the installation of solar panels at the factory, helping to reduce the carbon footprint of production.
Additionally, this investment will enhance the company’s competitiveness, enabling it to produce new and value-added products.
Founded in 1912 in the city of Bursa and named after the nearby Mount Uludağ, the company currently operates two production facilities—one in Çaybaşı and the other in Yenice, near Bursa.
With this new phase of our longstanding partnership with the EBRD, the company further strengthening our sustainable production capacity.
"By commissioning aseptic production lines and solar panels for our Yenice factory, we are enhancing our energy and resource efficiency while reducing our carbon footprint. We sincerely thank the EBRD for its valuable support. Together, we will continue to contribute to a greener and more sustainable future,” - said Doğan Güneş Susuz, Head of Finance at Uludağ.
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EU Council has adopted its position on a regulation that will impose tariffs on remaining agricultural products from Russia and Belarus, as well as certain nitrogen-based fertilizers. These tariffs aim to reduce Russian export revenues, limiting Russia's ability to finance its war against Ukraine.
Chinese search engine giant Baidu has launched two updated AI models—Ernie 4.5 and Ernie X1—in a bid to bolster its competitive edge in the artificial intelligence market.
China has defended its recent military exercises near Taiwan as a punitive response to what it calls the island’s president’s continued promotion of separatism.
A suspected act of sabotage caused an oil spill near Oslo, with 50-60 tons leaking from a disused transformer station, Norwegian media reported. Authorities have contained much of the spill, but some oil has reached the Sandvikselva River, prompting ongoing cleanup efforts.
The Council of the EU on Monday approved an extra €3.5 billion (approximately $3.8 billion) in financial support for Ukraine, consisting of non-repayable grants and loans, according to a press release from the European Council.
A large number of countries are prepared to deploy peacekeeping troops to Ukraine if a peace deal with Russia is reached, a spokesperson for British Prime Minister Keir Starmer said. More than 30 nations are expected to join the "coalition of the willing" to support Ukraine.
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