JKR Resource



Project number:


Business sector:

Manufacturing and Services

Notice type:


Environmental category:


Approval date:

12 Dec 2006



PSD disclosed:

03 Nov 2006

Project Description

The proposed project will be used for the following:

i. group consolidation and balance sheet restructuring and

ii. acquisition of target companies.

Transition Impact

Successful corporate restructuring is the main objective of this project and since involving a well-known and recognised group in the river aggregates and roads sectors, the success of the project will have a strong demonstration effect in the country. Through increased profitability and improved efficiency the company will gain additional strength to expand on the market and set new boundaries for its competitors.

The Client

JKR Natural Resource B.V. a holding company incorporated in the Netherlands, engaged in the river aggregates and roads maintenance sectors.

EBRD Finance

(i) EUR 21.1 million senior A/B loan; and.

(ii) EUR 8 million new equity financing.


Project Cost

EUR 45 million.

Environmental Impact

The project has been screened B/1 requiring an environmental audit of the Company's corporate environmental policies, procedures and practices and site reviews for a sample of the Company's facilities. Following the completion of the audit, any resulting recommendations will be formulated into a time-bound, costed environmental action plan ("EAP") which, once agreed with the Company, will be attached to the legal agreements. The aim of the EAP will be to ensure compliance with relevant host country environmental standards, EU environmental standards and any other relevant good international practice. The Company will be required to provide the Bank with an annual environmental report on compliance status and the implementation of the EAP.

Technical Cooperation


Company Contact

Name: Nemanja Mitrović
Position: General Manger of BBP

e-mail: mitrovic@bbp.co.yu
Phone: + 381 11 2062 320


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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