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    Referenz: 20180381
    Veröffentlichungsdatum: 8 August 2018

    Projektträger – zwischengeschaltetes Finanzinstitut




    The project scope is the construction of a greenfield dairy plant located in Paide, Estonia. The new plant will process milk and produce high value-added dairy products such as hard and semi-hard cheese, pasteurized cream and sweet whey powder. The new plant will process up to 1 150 tons per day of milk, as well as 85 tons per day of whey concentrate, and it will produce per year: (i) 32 600 tons of hard and semi-hard cheese, (ii) 11 600 tons of fresh pasteurized cream; (iii) 26 800 tons of sweet whey powder.


    The project is a greenfield dairy plant that will complement the promoter's existing assets. The proposed investment underpins the promoter's strategy to increase the competitiveness of its business through expansion of capacity.


    • Industrie - Verarbeitendes Gewerbe/Herstellung von Waren

    Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

    EUR 28 million

    Gesamtkosten (voraussichtlicher Betrag)

    EUR 120 million


    The project is expected to be operated and implemented in conformity with applicable national and EU environmental legislations.


    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (Directive 2014/24/EU or 2004/18/EC where applicable), then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU or 2004/18/EC where applicable), as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.


    Genehmigt - 5/02/2019


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).


    Estland Industrie