#stayhome Maintain the distance, wash your hands, and follow instructions from the health authorities.
RSS   Newsletter   Contact   Advertise with us

Poland: EIB lends €50 million to Mlekpol

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | February 18, 2020
The European Investment Bank (EIB) is financing Mlekpol, one of Poland’s largest dairy cooperatives, to support the company’s modernisation and growth strategy.
Mlekpol
Business in Poland   Mlekpol
The €50 million loan (equivalent to PLN 212 million) will help finance a series of investments in Mlekpol’s Grajewo processing plant one of 12 plants the company runs across Poland.

Topics: Poland EIB Mlekpol

The operation benefits from the guarantee of the European Fund for Strategic Investments, the financial pillar of the Investment Plan for Europe.

The expansion and modernisation of the production facilities will provide Mlekpol with additional capacity to process fresh milk and to counterbalance seasonal shifts in supply.

The investments will also be used to construct a new warehouse and logistics centre, increasing the company’s efficiency.

Finally, a combined heat and power plant to be built next to Mlekpol’s wastewater treatment plant in Grajewo and fully running on biogas will reduce the amount of sludge the company produces and eliminate its need to purchase grid electricity.


 

MORE INSIDE POST