Release date: 13 September 2007
Promoter – Financial Intermediary
Mid Europa Partners LLPLocation
Description
An investment fund that will be invested in the equity of growing companies in a range of sectors, with a main focus on the countries that acceded to the EU in 2004 and 2007.
Objectives
The fund intends to invest in and apply active ownership to unquoted companies that typically will have substantial ongoing capital expenditure programmes. The predominant sector is expected to be Telecoms & Media with Transport and Utilities among the other sectors. The investments will contribute to the EU’s convergence objective.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 35 million.
Total cost (Approximate amount)
The target fund size is EUR 1,250 million.(Maximum size is EUR 1,500 million)
Environmental aspects
Each portfolio company is to operate in accordance with all EU and/or national laws generally and, in particular, with respect to the environment.
Procurement
Procurement within the EU, is to be in accordance with the relevant EU legislation. Procurement outside the EU is to be in accordance with EIB’s Guide to Procurement. Publication of tender notices in the EU Official Journal is to occur as and where appropriate.
Status
Signed - 19/10/2007
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).