Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

07 Mar 1995



PSD disclosed:

17 Jul 2001

Project Description

A Multi-Project Facility (MPF) Agreement with Groupe Danone to co-invest in dairy, confectionery and mineral water companies in the EBRD's countries of operations.
The aim of the project is to:
  • act as a catalyst for the restructuring and modernisation of essential parts of the food chain;
  • support the development of privatised food and beverage facilities;
  • develop the domestic market and improve the quality and availability of food and beverage products at affordable prices.

Transition Impact

The MPF is expected to have a strong transition impact, as it will help with the restructuring of the food industry in the areas of primary production and packaging as well as marketing and distribution. It will also help to develop technological and management know-how throughout the food industry as a result of continuous support from Danone and the training of local personnel.

The Client

Groupe Danone, the project sponsor, is the world’s leading producer of fresh dairy products, biscuits and mineral water, with a market capitalisation of €20.6 billion. It enjoys an A1/A+ stable outlook rating from Standard and Poor's. Danone has been actively investing throughout the region, both through acquisitions of local companies and greenfield projects.

EBRD Finance

US$ 100 million (€116 million) for equity co-investment with Danone in the region.

Project Cost

To be determined on a case-by-case basis. At the EBRD's discretion, the Bank’s equity contribution in each sub-project can be between 20 per cent and 35 per cent of total project costs.

Environmental Impact

The MPF was classified C/0 and therefore did not require an environmental analysis or audit. The health, safety and environmental procedures both at the appraisal and monitoring levels meet the Bank’s environmental requirements. Each sub-project is approved by the Bank on an individual basis upon review of the environmental due diligence report prepared by the Sponsor.

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
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

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Text of the PIP

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