📋 Tender Overview
Project ID: 56223
Status: In Exploratory, Pending Final Review
Location: Regional
Business Sector: Food and Agribusiness
Notice Type:Private
Project Description
Provision of a long-term loan by EBRD and ENEF II to Viva Fresh (the "Company") to finance part of the cost of the acquisition of 100% of the shareholding of Spar Albania (the "Target").
Project Objectives
The Project will support Viva Fresh's regional expansion into neighbouring Albania, through its cross-border acquisition of the 2nd main food and beverages retail chain, Spar Albania franchise, and subsequent investment program for roll-out of new stores and refurbishment of some existing stores in Albania. Through it, the project will support the expansion of modern retail in Albania and regional integration of supply and logistics chains in food and beverage distribution and retail. The project will also support enhanced sustainability measures expected to lead to the attainment of the international green building certification EDGE "Advanced" (Level 2) or higher for new and renovated stores by the client in Albania and Kosovo.
Transition Impact
ETI score:61
rong>Integrated primary TI quality, as the project supports Viva Fresh's entry into the Albanian market via the acquition of the No2 retailer in Albania.
Green secondary TI quality, as the percentage of the use of proceeds that qualifies as GET is 100%.
