Original disclosure @ EBRD website
Updated in EWS May 4, 2022
Disclosed by Bank Jul 21, 2021
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According to the bank website, the project consists of a provision of a senior unsecured loan to Studenac d.o.o., the largest food retail chain on the Croatian coast, for the financing of working capital and business development needs.
The loan in the amount of EUR 15m (EUR 10m committed and EUR 5m uncommitted) will be used for financing working capital needs of the company. The financing will help the company to withstand the Covid-19 crisis, deliver its growth plan and preserve the transition impact objectives achieved through existing projects.
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COMPANY CONTACT INFORMATION
+385 (91) 282 8275
Cetvrt Ribnjak 17
21 310 Omis
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
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: email@example.com or you can submit a complaint online using an online form at: 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