MARBO

Location:

Regional

Project number:

31024

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Target board date:

18 Mar 2003

Status:

Completed

PSD disclosed:

27 Jan 2003

Project Description

The proposed project aims to support the Company’s regional expansion of its existing operations by providing long-term debt financing. The proceeds of the Bank loan will be used to finance the Company’s product extension and capacity increase.

Transition Impact

The project will show that privately owned companies with good corporate practice are able to attract long-term financing in FR Yugoslavia and Bosnia & Herzegovina. The investment will highlight the potential of enhanced cross border trade and investments in the Balkans. The Project will lead to enhanced competition in the region and support the development of know-how skills.

The Client

Marbo Product d.o.o., a Yugoslav limited liability company; and Marbo d.o.o., a Bosnian limited liability company.

EBRD Finance

Long-term tranched loan to the clients for the total amount of €10 million.

Project Cost

Total project cost for the two countries is €32 million.

Environmental Impact

The project has been screened B/1, requiring an environmental audit of past and current operations and an environmental analysis of impacts associated with the Company’s expansion and capacity increase plans including possible energy efficiency measures. An environmental action plan will be developed, if necessary, and agreed with the Company prior to Final Review.

Technical Cooperation

None.

Company Contact

Radosav Milanovic, CEO
Tel: +381 11 444 3553
 

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

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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.