Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

26 Jun 2001



PSD disclosed:

30 Aug 2001

Project Description

The project aims to support Sokolow S.A. with its business consolidation and future expansion. The project would also promote a partnership with the sponsor throughout the region.
The Bank aims to participate in the restructuring of a large Polish company with a leading strategic investor. The proposed financing to Sokolow supports the expansion of its poultry business and market investments abroad. The equity arrangement promotes future investments by the sponsor in the region.

Transition Impact

The project would have an impact on the transition process in the following ways:
  • Restructuring of meat processing sector. The Bank will support Sokolow and the sponsor in improving corporate governance, business conduct and the consolidation of the agribusiness sector. Sokolow will receive industrial support from a skilled operator that will lead to the transfer of best practices, the development of new products and improvement of its operations. The project will demonstrate effective restructuring to other meat processors and enhance competition in the sector.
  • Integration with suppliers. Important trade links will be strengthened through long-term contracts with medium and large-scale farms.

The Client

Sokolow S.A. is the largest meat processing company in Poland, specialising in pork production. Sokolow is listed on the Warsaw Stock Exchange, with the Association of Swedish Farmers and Forestry as its largest shareholder.

EBRD Finance

Loan of €5 million to Sokolow. Equity investment (Sokolow shares) of up to €7.5 million.

Project Cost

Financing of €12.5 million from the EBRD, €21.2 million from the sponsor and €47.0 million from other investors.

Environmental Impact

The project was screened B/1 requiring an environmental audit of current and past operations and a review of possible impacts associated with future developments (an environmental analysis). Independent environmental consultants have undertaken site visits to all of the Company’s facilities and completed the required environmental due diligence studies. The studies did not reveal any significant environmental issues although there are a number of improvements required to ensure compliance with both national and European Union environment, health and safety standards. Environmental Action Plans will be developed covering both facility specific issues and issues related to overall environmental policy. The action plans will be agreed with both Sokolow and the Association of Swedish Farmers. Sokolow will report, on an annual basis, on the implementation of the environmental action plans and on any other environment, health and safety issues affecting the business.

Technical Cooperation


Company Contact


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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