Advert ID:9658 / Seller Reference:1 / Type:Joint Venture or Partnership / Sector:Food / Location:Arges / Location:Eastern Europe / Location:Europe / Location:Romania
Food Processing Packing Factories Complex
Opportunity Summary
1. EU standards.
2. Project site:
● Bucharest - Pitesti highway ( section IV Pan-European ).
● investment area where it is located: 200.000 m2 built-up area for which all necessary permits and licenses were issued.
3. The total value of the project: EUR 24.000.000,00 with 4 stages:
Stage 1 ( almost completed ):
MEAT PROCESSING FACTORY:
Investment objectives:
- Building ( the production facility, warehouse and annexes ): 6000 m2;
- Technological line for manufacturing cooked products;
- Technological line for production of raw-dried products;
- Technological line for manufacturing of boiled-smoked products.
Sources of financing the project:
- Investment bank credit: EUR 4.5 million;
- Non-refundable EU INVESTMENT ( FEADR ): EUR 2,000,000,00;
- Equity: EUR 3.496.400,00.
Where we were on 10/12/2010:
- Land acquisition;
- Construction and started operation of the access road (1.6 km – our private property);
- Construction and commissioning of the power connector for a power of 2500 KW (1.6 km outlets, 2 transformer, dedicated energy value obtained, energy supply contract for capacity of 2500 KW);
- Construction and commissioning of water supply ( drilled water well and water-household);
- Construction and operation of a rainwater drainage system in the meat processing plant, the rainwater from the access road and from the water station and sewage treatment plant to discharge into the Nejlovel river;
- Building of the main building, namely the production facility and administrative office all in area of 6000 m2.
Projected financing needs:
EUR 2,000,000, of which:
- For finishing the entire investment: EUR 1.3 million;
- Working capital: EUR 700.000,00.
Stage 2:
BAKERY FACTORY
Opportunities
- Creating an appropriate location to ensure the production of bakery at EU requirements and standards;
- The existence of a demand for bakery products both on local and national market;
- Gained experience during 12 years in the bakery industry of the company;
- Owning of a wheat mill, which by its capacity is full source of raw material ( flour );
- The company meets the eligibility requirements for accessing specific structural finance / funds;
- The existence of all utilities ( access road, water, sewerage system, electricity ) at the site, all the property of the company, which will ensure the operation of the production utility at EU standards.
The total value of the project: EUR 8.000.000,00
Investment objectives:
- Building ( the production facility, warehouse and annexes): 4258.88 m2
- Technological line for manufacturing products and bakery loaf;
- Technological line for manufacturing confectionery products;
- Technological line for production of biscuits.
Sources of financing the project:
- Investment credit / own sources: EUR 5.000.000,00;
- Non-refundable EU INVESTMENT (FEADR): EUR 3.000.000,00.
Projected financing needs: EUR 2,000,000, of which:
- For completing the entire investment: EUR 1.9 million;
- Working capital: EUR 100,000.
Stage 3:
MEAT CANS FACTORY:
- Same location;
ON HOLD UNTIL MARCH;
Stage 4:
WHEAT MILL:
- same location;
ON HOLD UNTIL MARCH.
- Years Established:
- 1991
- Target Market:
- Europe, including Russia, Ukraine etc.
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