Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • China
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Status: Active
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-04-14
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Eurobakery
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Finance
  • Industry and Trade
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 2.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported EUR 2.00 MLN
Converted using 2016-04-14 exchange rate.
Project Cost (USD): $ 2.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-08-01
SAGER & LA FLEUR B.V.
FMO-45857

Project Description
Eurobakery is an industrial bakery located in Beijing which produces bread, pastry and fresh sandwiches. Its clients are coffeeshop-chains, caterers, supermarkets, hotels and airports. The wholesale activities started in 2011. The company outperforms in quality and product inventiveness. FMO will finance the extension of the production capacity. By financing the extension plans of Eurobakery, new jobs will be created and the production process will become more energy efficient. This will help Eurobakery to meet the fast growing demand of the Chinese market.
Investment Description
Contact Information
http://www.eurobakery.com.cn/