📋 Tender Overview
Location: Romania
Project number: 53363
Business sector: Manufacturing and Services
Notice type: Private
Environmental category: B
EBRD Finance Summary: EUR 26,250,000.00
Total Project Cost: EUR 37,500,000.00
Project Description
Senior loan in the amount of EUR 26.25 million, 8 years tenor, 1.5 years grace period, to finance up to 70% of the cost of a new warehouse of 55,000 sqm to be located near Bucharest.
Project Objectives
The implementation of the project will lead to significant operational efficiencies (replacing part of the existing rented warehouses), as it triggers a 70% increase in the client logistics hub. The project will support expansion of the business, especially the online segment.
Transition Impact
ETI score: 63
The project addresses the following qualities:
(1) Green (Primary): 100% of the EBRD funds will be used for green investments such as capex related to the construction a new warehouse with relevant green building certification, as well as installation of PV panels. The Project is 100% GET.
(2) Inclusive (Secondary): the Client will promote greater workforce diversity by integrating older workers into their workforce.
