Norton Rose Fulbright and Stratulat Albulescu have advised the European Investment Bank on a EUR 104 million financing granted to the Maspex Group.
The Maspex Group is a food industry company in Poland with significant Central and Eastern Europe operations, including in the Czech Republic, Slovakia, Romania, Hungary, Bulgaria, Lithuania, and Latvia.
According to Norton Rose, “the new financing supports the continuation of the sustainable development program and implementation of strategic investments in technologically advanced solutions in the field of energy and raw material efficiency, as well as increasing the efficiency of production and logistics. It will also cover investments in photovoltaic panels and heat pumps. The investments will be made in factories located in Poland (Wadowice, Lowicz, Lublin, Tymbark, Tychy, Wasosz Dolny) and Romania (Valenii de Munte).”
“The planned projects will be implemented in regions covered by the EU's cohesion policy, support climate protection measures, and decisively strengthen the group's competitiveness,” Norton Rose announced.
The Norton Rose team included Partner Grzegorz Dyczkowski, Counsel Jacek Smardzewski, and Associate Patryk Gelar.
Stratulat Albulescu's team included Partner Cristian Vlaicu.