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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Poland : € 70,000,000
Industry : € 70,000,000
Signature date(s)
13/11/2023 : € 20,000,000
20/12/2019 : € 50,000,000

Summary sheet

Release date
18 February 2020
Status
Reference
Signed | 20/12/2019
20190343
Project name
Promoter - financial intermediary
DAIRY PRODUCTION MODERNISATION AND LOGISTICS
SPOLDZIELNIA MLECZARSKA MLEKPOL W GRAJEWIE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
EUR 199 million
Location
Sector(s)
Description
Objectives

The operation concerns investments in expansion, upgrading and modernisation of Mlekpol's dairy production, logistics and storage facilities over the period 2019-2022.

The dairy sector in Poland has great potential for further development, as demonstrated by the progress in milk production, processing, and sales. Further development of the sector depends on increasing process efficiency in order to stay ahead of European environmental standards and global competition. The project will support the local economy since the Promoter is a cooperative owned and controlled by about 10 244 dairy producers who are SMEs.

Environmental aspects
Procurement

The projects falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EC as amended by Directive 2014/52/EU. More specifically under Annex II Class 7 (c), that is, installations for manufacture of dairy products. The project will be implemented adjacent to existing milk processing facilities and EIAs might be required by the authorities. The impacts to the environment and on the sites of nature conservation are expected to be limited and would mitigated as required by the competent authorities.

The Promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

Link to source

Disclaimer

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

Documents

Environmental and Social Data Sheet (ESDS) - DAIRY PRODUCTION MODERNISATION AND LOGISTICS
Publication Date
3 Mar 2020
Document language
Main Topic
Lending
Document Number
124902753
Document Focus
Environmental Information
Project Number
20190343
Sector(s)
Regions
Countries
Publicly available
Download now

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