The European Investment Bank (EIB) is lending €42 million to Maspex Group, a leading producer of beverages and food in central and southeastern Europe, for energy upgrades and for construction of a wastewater treatment plant. The investments will improve energy efficiency, enable renewable-power generation and recycle used water in manufacturing plants in Poland and Romania. The new financing follows three EIB agreements with Maspex Group totalling €211 million.
“We are glad to continue our co-operation with the Maspex Group,” said EIB Vice-President Teresa Czerwińska. “Investing in modern and climate friendly production processes not only increases Maspex’s production capacity but also strengthens its competitiveness on the very demanding EU market.”
Maspex is strengthening sustainability by investing in technological advances in energy and raw- materials efficiency. The planned projects are in Polish and Romanian regions covered by EU cohesion policy.
“We are glad that further investments implemented in our Group will be co-financed with funds received from the European Investment Bank. The continued partnership between the EIB and Maspex underlines the trust and strong relationship between our institutions. We also hope for further fruitful cooperation in the future. said Maspex Group Chief Financial Officer Rafał Gruszeczka.
