ANNOUNCEMENT 26 Jun 2018

In June 2018, the European Investment Bank (EIB) signed a loan agreement with an unknown private company to support its construction and operation of a bakery manufacturing plant in Poland.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The European Investment Bank, Financed Projects, NEW GREENFIELD BAKERY PLANT: http://www.eib.org/en/projects/loan/loan/20170447
The European Investment Bank, Project summary, Project No. 20170447, NEW GREENFIELD BAKERY PLANT: http://www.eib.org/en/projects/pipelines/pipeline/20170447

Inception date: 26 Jun 2018 | Removal date: open ended
Still in force

State loan

The loan agreement between the European Investment Bank (EIB) and an unknown private company was signed on 26 June 2018 and has a total value of EUR 40 million (approx. USD 46.7 million). The loan will support the company's construction and operation of a bakery manufacturing plant in Poland. The plant will consist of three burger buns and hot dog rolls production and packing lines, a line for artisan and whole grain goods as well as up and downstream infrastructure needed.

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED SECTORS

 

AFFECTED PRODUCTS