Original disclosure @ FMO website
Updated in EWS Dec 8, 2023
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According to the project disclosure, FMO will finance the extension of the production capacity. By financing the extension plans of Eurobakery, new jobs will be created and the production process will become more energy efficient. This will help Eurobakery to meet the fast growing demand of the Chinese market.
As stated by the FMO, Eurobakery is an industrial bakery located in Beijing which produces bread, pastry and fresh sandwiches. Its clients are coffeeshop-chains, caterers, supermarkets, hotels and airports. The wholesale activities started in 2011. The company outperforms in quality and product inventiveness.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Eurobakery | Client | Industry and Trade |
Client - Eurobakery:
Website: http://www.eurobakery.com.cn/
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/