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    Signature(s)

    Amount
    € 7,500,000
    Countries
    Sector(s)
    Poland : € 7,500,000
    Services : € 7,500,000
    Signature date(s)
    22/01/2021 : € 3,750,000
    22/01/2021 : € 3,750,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    1 February 2021
    Status
    Reference
    Signed | 22/01/2021
    20190865
    Project name
    Promoter - financial intermediary
    PACKHELP (EGFF)
    PACKHELP SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 8 million
    EUR 15 million
    Location
    Sector(s)
    Description
    Objectives

    Packhelp is an online marketplace for custom branded packaging. Packhelp's technology aggregates orders from merchants and connects them to printing houses. This Polish company eliminates logistical and supply chain complexities, bridging the old economy of printing houses with the new realities of e-commerce.

    The proposed loan would support Packhelp in scaling its revenues and expanding geographically by investing into research, development and innovation (RDI), including software engineering and the development of digital products out of Poland, as well as into sales and marketing. This facility would allow Packhelp to speed up its investment plans and foster its market penetration, thus also creating new employment in the EU.

    Environmental aspects
    Procurement

    The operation concerns the Promoter's investments in technology and product development. Due to the nature of the operation (mainly research and development (R&D) and innovative information technologies, sales and marketing investments), it does not fall under any annexes of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU.

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

    Link to source
    Summary sheet
    Other links

    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) - PACKHELP (EGFF)
    Publication Date
    10 Mar 2021
    Document language
    Main Topic
    Lending
    Document Number
    125288601
    Document Focus
    Environmental Information
    Project Number
    20190865
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - EUROPEAN GROWTH FINANCE FACILITY
    Publication Date
    13 Sep 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    122912044
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20200330
    Last update
    19 Aug 2020
    Sector(s)
    Services
    Countries
    France
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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