Summary of Proposed Investment
Project Number
8599
Company Name
Lijanovici d.o.o.
Date SPI Disclosed
May 7, 1998
Country
Bosnia and Herzegovina
Industry
Agribusiness and Forestry
Status
Completed
Sector
Animal Slaughtering and Processing
Department
Regional Industry MAS LAC & EUR
Environmental Category
B - Limited
Previous Events
Approved : Dec 24, 1998
Signed : Mar 14, 1999
Invested : Apr 20, 1999
Project Description
Summary Of Project Information (SPI)
| Project Name | Bosnia and Herzegovina-Lijanovici Extended Reach project |
| Region | Europe |
| Sector |
Projected Board DateJuly 15, 1998
Company NameLijanovici (the Company)
Technical Partner and/or Major Shareholders
Lijanovici is a family-owned company. The Company was registered as a legal entity in 1990.
Project Cost Including proposed IFC investment
Total project cost is US$5 million including IFC senior loan of up to US$2.5 million, representing total costs for the expansion project. This is a Small Enterprise Fund project.
Location of project and Description of site
The Company, located in Siroki Brijeg, north of Mostar in Bosnia and Herzegovina, owns a slaughterhouse/processing facility and retail shops. To accommodate the added product volume, an additional storage facility will be constructed on land purchased adjacent to the existing facility, and equipped with shelving and cooling systems.
Description of Company and Purpose of Project
Lijanovici is a leader in the BiH meat and processed meat products market. The project will increase the present capacity to meet rising demand.
Environmental Category and Issues
This is a category B project according to IFC''s environmental review procedure. Environmental, occupational health and safety issues associated with this project include: site issues including present use of and potential for contamination, air emission, solid waste handling, wastewater management, noise and the use of personal protective gear to ensure proper employee health and safety. The sponsor will submit adequate information to verify compliance of existing operations with local requirements and World Bank guidelines.
The is from the Public Information Center.
| Date SPI sent to PIC | May 7, 1998 |
“This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporation’s Board of Directors. It is provided for the purpose of enhancing the transparency of IFC’s activities and should not be construed as presuming the outcome of IFC Board consideration.”
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 974-4384
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sponsor / Cost / Location
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