Summary sheet
The project comprises investments by the promoter to expand the production capacity and to finance research, development and innovation (RDI) activities over the 2019-2022 period.
The investment will contribute to improve the promoter's competitiveness by increasing the capacity and energy/resource efficiency of their production process. The project includes also RDI activities to develop healthier and more sustainable products. The project will also create new employment and help secure existing employment and, therefore, contribute to agriculture/bioeconomy in a cohesion European region.
The project's compliance with all applicable national and EU environmental legislation will be verified during the appraisal. Environmental impact studies or Appropriate assessments will be carried out as applicable and mitigating and/or compensation measures applied as necessary.
The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU procurement rules.