PROJECT

Projects

Summary of Proposed Investment

Project Number

25689

Company Name

GORENJE, d.d.

Date SPI Disclosed

Apr 16, 2010

Country

Southern Europe Subregion

Industry

Manufacturing

Projected Board Date

May 20, 2010

Status

Completed

Sector

Household Appliances (Including Refrigerators, Laundry Machine, Dishwashers, etc.)

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : May 20, 2010
Signed : Jun 7, 2010
Invested : Jun 24, 2010

Project Description

The Gorenje Group is the largest household appliance manufacturer in Southeast Europe and among the top 8 manufacturers of appliances in Europe. The Project involves (a) modernization, restructuring and expansion identified under the 2010-2013 strategic plan and (b) restructuring its debt maturing in 2010-2012.

Sponsor / Cost / Location

Development Impact