📋 Tender Overview
Location:
Czechia
Project number:
56284
Business sector:
Agribusiness
Notice type:
Private
Approval date:
09 Apr 2025
Status:
Exploratory
English-language PSD published:
10 Mar 2025
Project Description
Provision of a long-term loan of up to EUR 33 million to Mattoni 1873 a.s. (the "Company"), to be used for refinancing of existing financial obligations.
Project Objectives
The main objective of the project is to support the Company maintain financial resilience and balance sheet strength.
Transition Impact
ETI score: 62
The primary transition impact quality is "Well-governed", as the Project will support the Company improve its corporate climate governance practices.
The secondary transition impact quality is "Inclusive", as the Project will support the employability of the Company's staff by delivering cybersecurity training across subsidiaries.
Client Information
MATTONI 1873 AS
One of the leading mineral water companies in CEE, with significant presence in Czech Republic, Slovakia, Hungary, Bulgaria, Austria, Serbia, Montenegro and Bosnia & Herzegovina. The Company is an existing client of the Bank, with first cooperation dating back to 2018.
EBRD Finance Summary
EUR 33,000,000.00
Total Project Cost
EUR 55,000,000.00
Additionality
Additionality stems from standard setting as the Company will benefit from the Bank's expertise on corporate governance improvements including climate corporate governance.
Environmental and Social Summary
Categorised B (2024 ESP). The production of mineral water is associated with limited environmental and social impact which can readily be assessed and addressed through appropriate mitigation measures. Environment and sustainability due diligence for this project is ongoing. It will be undertaken in-house and focused on the corporate systems for managing environment and sustainability issues within Mattoni, and how these systems are rolled out across the businesses of the group, especially to its Serbia subsidiary. As this is an existing client, the ESDD will be mainly based on the information gathered through assessments of previous two transactions and complemented by supplementary documents and clarification from the client. If needed, an ESAP will be discussed and agreed with the client to ensure the Company is in full compliance with the EBRD's Environmental and Social Requirements. The Company will be required to provide annual environmental and social reporting to the Bank. This PSD will be updated once the ESDD is complete and any resulting actions agreed with the Company.
