Early Warning System

Regions

Europe and Central Asia

Geographic location where the impacts of the investment may be experienced.

Countries

Bosnia and Herzegovina

Geographic location where the impacts of the investment may be experienced.

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

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Mar 3, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Selzer Automotive Bosnia d.o.o.

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Industry and Trade
Transport

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, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 17.42 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 15
Converted using 2026-03-03 exchange rate.

Loan Amount (USD)

$ 17.42 million

Project Cost (USD)

$ 17.42 million

Primary Source

Original disclosure @ EBRD website

Updated in EWS Apr 16, 2026

Disclosed by Bank Apr 13, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the EBRD, the project consists of a senior secured loan of up to EUR15 million consisting of a committed tranche of up to EUR5 million and an uncommitted tranche of up to EUR10 million to Selzer Automotive Bosnia d.o.o. Both tranches to be used to finance the capex needs of the Company.

The loan will support GET investments in production capacity focused on automotive parts that are to be supplied to OEMs for the purpose of full electric and/or low emission hybrid vehicles.

The Project is additional in terms of (i) financing structure (EBRD offers financing to the Company which is otherwise not available in the local market); and (ii) standard-setting (the Company has committed to increase the share of female employees from 22.5% to 40%).

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EBRD, Selzer Automotive Bosnia d.o.o., is a Bosnian-based manufacturer of ready-to-install metal parts and assemblies for automotive transmissions, brakes and engines. It is part of the Selzer Group, a German-based Tier 1 supplier to OEMs such as Volkswagen, Daimler, BMW and Stellantis. Selzer Group is part of Ferral United Group active in the automotive segment and ultimately owned by Mutares, a listed PE fund specialised in turn-around situations.

As stated by Bloomberg, Selzer Fertigungstechnik GmbH & Company KG manufactures metal stamping products. The Company develops and produces metal components and subassemblies for gearboxes, engines, braking systems and professional electrical power tools. Selzer Fertigungstechnik serves automotive and industrial sectors worldwide.

Mutares SE & Co. KGaA is a listed private equity holding company that acquires medium-sized companies and parts of larger groups with headquarters in Europe that show potential for operational improvement. Companies are sold again after undergoing a repositioning and stabilization process.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
BMW Group	Buyer	Industry and Trade	contracts with	Selzer Fertigungstechnik GmbH & Company KG (Selzer Group)	Client	Industry and Trade
Daimler Truck AG	Buyer	Industry and Trade	contracts with	Selzer Fertigungstechnik GmbH & Company KG (Selzer Group)	Client	Industry and Trade
Ferral United Group	Parent Company	Industry and Trade	owns	Selzer Fertigungstechnik GmbH & Company KG (Selzer Group)	Client	Industry and Trade
Mutares SE & Co KGaA Holding	Parent Company	Finance	owns	Ferral United Group	Parent Company	Industry and Trade
Stellantis NV	Buyer	Industry and Trade	contracts with	Selzer Fertigungstechnik GmbH & Company KG (Selzer Group)	Client	Industry and Trade
Volkswagen AG	Buyer	Industry and Trade	contracts with	Selzer Fertigungstechnik GmbH & Company KG (Selzer Group)	Client	Industry and Trade

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - Selzer Automotive Bosnia d.o.o.:

Email: info.SAB@selzergroup.com
Phone: +49 2775 - 81-0
Fax: +49 2775 - 81-218
Website: https://www.selzergroup.com/en
Address: Rajlovacka cesta bb 71000 Sarajevo Bosnia and Herzegovina

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.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: pcm@ebrd.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