BILLA

Location:

Regional

Project number:

27040

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Approval date:

14 Jan 2003

Status:

Complete

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.

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)

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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