The European Bank for Reconstruction and Development (EBRD) could provide a loan of up to PLN 200 million ($53 million) to Barlinek Invest LLC, a subsidiary of Barlinek S.A., one of the leading multi-layer floorboards producers in Europe for the expansion of its production capacities in Ukraine and energy efficiency investments in Poland.
The project will be discussed by the EBRD board on July 18, 2017.
The EBRD funding will be used to finance investments into the expansion of wooden multi-layer floorboard production capacities and resource efficiency impovements that will promote a low carbon economy.
Barlinek Invest is part of Barlinek SA, one of the largest manufacturers of wooden multi-layer floorboards in Europe, ultimately controlled by Michal Solowow.
