π Tender Overview
Project ID: 56856
Status: Concept Reviewed
Location: Regional
Business Sector: Equity Funds
Notice Type: Private
Environmental Category: FI
Approval Date: 03 Dec 2025
Disclosure date: 28 Oct 2025
Project Description
An equity investment of up to EUR 45.0 million in favour of Elements Special Opportunities I RAIF F.C.I.C. LTD (the "Fund")
Project Objectives
The Fund will make equity and equity-related investments in small- and medium-sized enterprises (SMEs) in Bulgaria, Croatia, Czechia, Greece, Hungary, Poland, Romania, Serbia, Slovenia and the Slovak Republic, with the objective of generating long-term capital appreciation.
Transition Impact
ETI score: 67
The Bank's proposed investment will provide long-term risk capital to SMEs in SEE, thereby increasing the competitiveness of investee companies and strengthening the resilience of the domestic financial sector, by developing alternative sources of funding and expanding private equity finance as an asset class.