Zadar Wastewater Project (EBRD-50078)

Countries
  • Croatia
Where the impacts of the investment may be experienced.
Specific Location
Zadar
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 7, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
ODVODNJA DOO ZADAR
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 4.90 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 4.5
Converted using 2020-04-07 exchange rate.
Project Cost (USD)
$ 85.11 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported 78.13
Converted using 2020-04-07 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Apr 24, 2020

Disclosed by Bank Jan 14, 2020


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Project Description

According to the Bank's website, this project finances: (i) rehabilitation and upgrade of the wastewater network, and (ii) upgrade of the two existing wastewater treatment Plants. 

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Private Actors

Odvodnja d.o.o. is a municipal company incorporated in Croatia, providing wastewater services to around 78,000 people in the City of Zadar and managing 185 km of wastewater collection system, 19 pumping stations and 2 WWTPs. The Company is 100 per cent owned by the City of Zadar.

Contact Information

Company Contact 

Grgo Peronja
odvodnja@odvodnja.hr 
+385 23 212 198
+385 23 211 426
www.odvodnja.hr 
Hrvatskog sabora 2D, 23000 Zadar, Croatia

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.