Project description
and objectives:
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The proposed project aims to support the Company’s regional expansion of its existing operations by providing long-term debt financing. The proceeds of the Bank loan will be used to finance the Company’s product extension and capacity increase.
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Transition impact:
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The project will show that privately owned companies with good corporate practice are able to attract long-term financing in FR Yugoslavia and Bosnia & Herzegovina. The investment will highlight the potential of enhanced cross border trade and investments in the Balkans. The Project will lead to enhanced competition in the region and support the development of know-how skills.
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The client:
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Marbo Product d.o.o., a Yugoslav limited liability company; and Marbo d.o.o., a Bosnian limited liability company.
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EBRD finance:
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Long-term tranched loan to the clients for the total amount of €10 million.
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Total project cost:
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Total project cost for the two countries is €32 million.
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Environmental impact:
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The project has been screened B/1, requiring an environmental audit of past and current operations and an environmental analysis of impacts associated with the Company’s expansion and capacity increase plans including possible energy efficiency measures. An environmental action plan will be developed, if necessary, and agreed with the Company prior to Final Review.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Radosav Milanovic, CEO
Tel: +381 11 444 3553
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EBRD contact:
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Nadezda Petkova, Operation Leader: petkovan@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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