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    Signature(s)

    Amount
    € 12,000,000
    Countries
    Sector(s)
    Greece : € 12,000,000
    Industry : € 12,000,000
    Signature date(s)
    4/04/2019 : € 12,000,000

    Summary sheet

    Release date
    31 October 2018
    Status
    Reference
    Signed | 04/04/2019
    20180423
    Project name
    Promoter - financial intermediary
    PACKAGING PLANT CAPACITY EXPANSION
    ATHANASIOS HATZOPOULOS PACKAGING MATERIALS INDUSTRY SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 12 million
    EUR 29 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of investments on the development of flexible packaging materials, products and solutions as well as the replacement of old and the acquisition of new equipment for the production of flexible packaging materials.

    The project aims at enhancing and safeguarding the promoter's competitive position through the implementation of state-of-the-art production equipment and also through the development of technologies and solutions necessary for the current and future business requirements.

    Environmental aspects
    Procurement

    The production facility activities fall under Annex I of EU Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU; the facilities operate under full Environmental Authorisations, and the capacity expansion will require an amendment to the existing authorisation. All environmental, health and safety issues including environmental and operational authorisations will be reviewed during the due diligence process.

    The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU Directives on procurement

    Related projects

    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) - PACKAGING PLANT CAPACITY EXPANSION
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    87873924
    Document Focus
    Environmental Information
    Project Number
    20180423
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PACKAGING PLANT CAPACITY EXPANSION
    Publication Date
    21 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    184091498
    Document Focus
    Environmental Information
    Project Number
    20180423
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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.

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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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