EBRD equity investment in the ordinary shares of Mabion S.A. in the amount of ca. USD 18 million equivalent in PLN.
The operation will enable Mabion S.A. to cover the cost of the expansion of production capacity in Konstantynow Lodzki, Poland and costs and expenses related to the development and commercialization of Mabion CD20.
The Project is focused on Competitive and Integrated tansition qualities: it involves R&D expenses and investments into a new innovative production facility and cooperation with local universities and supports the export initiative of a Polish company to sell biological medicine in the global markets.
Mabion is a leading biotechnology company in Poland, listed on the Warsaw Stock Exchange (WSE), created for the purpose of marketing cutting-edge biotechnological drugs based on humanised monoclonal antibodies.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Category B. Environmental and social issues associated with the Project are site specific and readily assessed and mitigated based on an Environmental and Social Due Diligence (ESDD). In-house ESDD has been undertaken on the Company and this confirmed that they have the institutional capacity to fully implement the Bank's Performance Requirements (PRs).
The ESDD confirmed that this is a state-of-the-art facility designed to comply with both National and EU environmental, health and safety standards. Based on the ESDD, an Environmental and Social Action Plan (ESAP) has been agreed with the Company to ensure ongoing compliance and implementation of best industry practices. The ESAP contains elements related to the following issues; maintaining EHS risk management systems consistent with ISO14001 an OHSAS18000; development of a CSR reporting structure; initiate an internal EHS auditing programme to benchmark against Best Practice; develop an appraisal process for future Projects; and develop a stakeholder engagement programme.
The Bank will monitor the implementation of the Project and compliance with the ESAP.
Company Contact Information
+48 42 207 78 90
+48 42 203 27 03
gen. Mariana Langiewicza 60 street 95-050 Konstantynów Lódzki
For business opportunities or procurement, contact the client company.
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