According to the Bank’s website, the project consists of the provision of a senior secured loan of up to PLN 250 million to TELE-FONIKA Kable S.A., the largest cable and wire producer in Central and Eastern Europe with headquarters in Poland. The loan will be used for supporting the company's business development strategy, which aims to increase TELE-FONIKA's presence in the fast-growing renewable generation sector. The loan is a part of a larger consortium financing, with the EBRD joined by other lenders.
The EBRD loan will finance the strategic plans of TELE-FONIKA Kable, including by supporting research & development of new products with applications in the renewable power sector, working capital needs arising from expanded production, and refinancing of the existing debt.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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COMPANY CONTACT INFORMATION
TELE-FONIKA Kable S.A.
H. Cegielskiego 1 32-400 Myslenice, Poland
ACCESS TO INFORMATION
You can request information by emailing: email@example.com 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: firstname.lastname@example.org 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