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Prva Group

Sector: Residential • Location: Slovenia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Complete

The proposed EBRD financing consists of equity financing to support the expansion of PPD’s activities in the pension sector in the countries of South East Europe and the CIS. The project will have substantial transition impact by promoting the development of capital markets in the region, increasing the intermediation capacity of the financial sector and contributing to the implementation of a com

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Project Information

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The project “Prva Group” is an infrastructure initiative in the Residential sector, located in Slovenia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Description

Description

The proposed EBRD financing consists of equity financing to support the expansion of PPD’s activities in the pension sector in the countries of South East Europe and the CIS. The project will have substantial transition impact by promoting the development of capital markets in the region, increasing the intermediation capacity of the financial sector and contributing to the implementation of a comprehensive pension reform. PPD, a Slovenian company, is one of the largest pension fund managers in the country. Currently, PPD also has pension fund management operations in the FYR of Macedonia, in Kosovo and in Serbia. Subscription by the Bank of up to 20% of the Company’s ordinary voting share capital. EUR 35 million. PPD will manage its investments in accordance with the EBRD’s Environmental Guidelines for Passive Investments which includes adherence to the Bank's Environmental Exclusion List, compliance with the applicable national environmental, health and safety and labour requirements, and submission of an Annual Environmental Report to the Bank. None. dr. Alenka Žnidaršič Kranjc, CEO Prva pokojninska družba d.d. Želena cesta 18 1000 Ljubljana Slovenia T: +386 1 234 58 00 F: +386 1 436 1215 E-mail: alenka.znidarsic@prva.net

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Source

Source reliability

High

Data quality score

100%

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URL

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More Details

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