PROJECT

Projects

Summary of Investment Information

Project Number

32454

Company Name

ATLANTIC TRADE d.o.o.

Date SPI Disclosed

Sep 20, 2012

Country

Southern Europe Subregion

Region

Europe

Projected Board Date

Oct 22, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Sep 18, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Nov 8, 2012
Signed : Nov 15, 2012
Invested : Nov 28, 2012

Sector

Sugar and Confectionery

Project Description

Atlantic Grupa d.d. (the “Atlantic” or the “Group”), headquartered in Zagreb, Croatia, is a multinational company whose activities include the production, sale and distribution of fast moving consumer goods throughout the Balkans, Russia and Western Europe. The Group is a leading producer of food and personal care products as well as a leading distributor of consumer goods in South-Eastern Europe. The Group also owns a private chain of pharmacies in Croatia.

The Project entails the refinancing of Group debt, including debt of its Serbian and Croatian subsidiaries, and is aimed at supporting the Group’s balance sheet restructuring.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation