BILLA

Location:

Regional

Project number:

27040

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Target board date:

14 Jan 2003

Status:

Completed

PSD disclosed:

04 Dec 2002

Project Description

The project aims to expand Billa’s retail operations in Ukraine, Bulgaria and Romania by providing long-term debt financing. Proceeds would be used to finance construction and operation of the supermarkets in three countries over the next 3-4 years.

Transition Impact

The project will support development of a modern food retail industry in the region by expanding a high quality and high standard chain of supermarkets. The project is expected to increase efficiency and competition in the market and lead to positive developments in the supply chain, including the development of know-how skills.

The Client

Billa Ukraine
Billa Invest Construct SRL, Romania
Billa Nedvishimosti EOOD, Bulgaria

EBRD Finance

Long-term loans to the clients for the total amount of €45 million.

Project Cost

Total project cost for three countries is €202 million.

Environmental Impact

The Project was screened B/0 requiring an environmental analysis of Billa’s corporate environment, health and safety policy and procedures. Environmental due diligence on Billa revealed the following:
  • Billa follows the general environmental policies of Rewe Germany. These cover a number of areas including environmental management systems, environmental issues in the supply chain and the promotion of organic products;
  • Billa complies with national requirements for environment, health and safety in whichever country it operates;
  • The siting and construction of stores is preceded by an environmental impact assessment in accordance with national law.
  • Billa does not utilise harmful materials (e.g. asbestos, formaldehyde) in the construction of its stores and incorporates energy efficiency aspects into the design of its stores;
  • Billa also undertakes a number of more proactive steps including the recycling of wastes.
  • Billa will comply with environmental standards in line with the Bank's Environmental Policy.

Technical Cooperation

None.

Company Contact

Billa Bulgaria, Mr Spassov (CEO) Tel: +35 92 9174010
Billa Ukraine, Mr Klingan (CEO) Tel: +38 05 03105192
Billa Romania, Mr Petschnikar (CEO) Tel: +40 744 670229
 

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

General enquiries

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Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

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Text of the PIP

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.