devinitorg/iati-policy-markers huggingface dataset:
SEF Bosnalijek II The company is the only manufacturer of over-the-counter, prescription and hospital pharmaceuticals in BiH.  Bosnalijek is a generic drug manufacturer.  Presently it produces a range of 138 drugs in solid oral forms, ampoules, syrups, solutions, ointments and creams, of which 90% are produced according to its own proprietary technology.    The purpose of the project is to complete the reconstruction   and modernization   of the solid oral drug plant with the addition of tablet coating and packaging equipment.      This project is Phase II of the company''s investment program, which aims to complete the reconstruction of the solid oral drug plant and modernize it with the addition of tablet coating and packing equipment. Phase I of the project consisted of re-building and modernising the tablet and capsules manufacturing operation; this was completed within budget in September 1998.     The whole investment is essential to correct manufacturing process defects and to ensure that production will be in compliance with good manufacturing practices (GMP).   Hence, the project should secure international GMP certification from the EU and elsewhere which is needed to access export markets.  This will further consolidate the company''s market position as a regional player in the production of solid oral drugs.   IFC''s involvement will provide the company and Bosnia''s health sector with long term funding needed to complete a modern drug manufacturing plant and achieve international quality standards and certification and increased exports. The company will also increase its ability to supply the domestic market with drugs that are currently imported.  Both will contribute positively to Bosnia''s balance of payments.
SSL Bosnia III Sisecam Soda Lukavac d.o.o. (SSL) is involved in the production of light and heavy (dense) soda and other products based on soda ash. SSL was created from the transfer of soda ash production assets from a loss making state owned soda ash producer. IFC provided 39 million (approximately US$50 million) of financing to SSL in two successive investments in 2007 and 2010 for its acquisition and post-privatization investments to turnaround its operations. Total outstanding IFC loan is US$31 million equivalent.  The proposed expansion project is expected to cost US$65 million and will comprise (i) a capacity increase from 365 thousand tons/year (tpa) to 500 thousand tpa leading to economies of scale; (ii) improvements in energy and resource efficiency and reduction in energy costs; (iii) improvements in SSLs operational efficiency through renovation and equipment upgrades and additional infrastructure; (iv) a waste management project to improve emissions and waste water treatment and (iv) some permanent working capital financing to SSL. IFC''s investment in SSL continues to have a strong demonstration effect as SSL has become an example of a successful privatization and foreign direct investment in Bosnia and Herzegovina, an IDA country. The new project will help enhance SSL''s turnaround and competitiveness through economies of scale and improvements in energy and resource efficiency. SSL is one of the largest employers in the Tuzla area (approximately 550 people) and generates significant employment at the local brine and limestone mines.
EKI Bosnia Project The project involves a 3 million ($3.6 mil equivalent) loan to Micro Credit Organization  EKI (''EKI''), a non-regulated, non-bank micro credit organization based in Sarajevo, Bosnia and Herzegovina (BiH) operating on a commercial basis with strong independent Board of Directors. The purpose of the loan is to support EKI's microfinance lending operations through 10 branch offices and 24 subs offices locates throughout all of BiH, mostly rural areas where agriculture is an important business sector.
Lukavac Cement FCL and ALAS Bosna, a special purpose company for modernizing the cement plant for FCL, would be the co-borrowers for the project.  FCL was established in 1974 as a state owned company, and uses the dry process technology of the 1970s. It has a kiln capacity of 800 tons per day, translating to around 340,000 tons of cement a year.     The project would involve the post privatization rehabilitation and modernization of  the company. The project would consist of (i) optimization of production capacity of the existing facility of the borrowers located at Lukavac, Macan Marije bb, Bosnia and Herzegovina from its current cement output level of about 260,000 tons per year (tpy) to a full capacity level of 340,000 tpy (stage 1); (ii) expansion of the existing cement grinding capacity to 800,000 tpy (stage 2); and (iii) expansion of clinker production capacity by installing a new kiln line of 2,000 tons per day (tpd) capacity to match the cement production level of 800,000 tpy (stage 3). The first two stages will be implemented together as Phase I, while the kiln will be constructed as Phase II of the project.    The project is underpinned by strong local demand driven by the need to complete repairs to buildings, bridges and other infrastructure damaged during the war. Demand is also growing from new construction of industrial and commercial facilities, fueled by a high post war GDP growth rate and is currently being met through heavy cement imports (estimated at 900,000 tpy in 2001). The modernization will also bring down production costs and enable the company to compete with imports, thus contributing to foreign exchange savings.       The project provides an opportunity for IFC to support privatization and one of the largest and highly visible FDI in BiH.  Moreover, the underdeveloped financial system in BiH is not able to provide the sponsors with access to adequate long-term limited recourse financing.  In addition, IFCs review and approval of the project will provide confidence to other potential lenders and signal an improving investment climate in BiH, as the current perception of BiH, and its associated macroeconomic risk, by many international banks is somewhat negative.  IFCs investment, including long term funding for its own account and mobilizing commercial resources, would also play an important role in assisting a company whose modernization would have a substantial positive impact on the economic development in the area.
Heart Center Tuzla The project consists of establishing an 88-bed full-service Specialist Hospital and Heart Center (the Center) in Tuzla, Bosnia and Herzegovina (BiH), which will be the first private hospital in the country.  In addition to providing cardiac, cardiology and vascular services to children and adults, the Center will offer telemedicine capabilities as well as an education center. The presence of the Center in BiH will contribute to:

- expanding access to quality healthcare in Bosnia and marking the establishment of one of the countrys first private health institutions;
- establishing quality benchmarks for the delivery of private health services in the country and helping raise local standards of healthcare, specifically in terms of transparency and formal prices;
- offering increased employment opportunities to local healthcare professionals;
- developing a private health insurance in the country; and 
- encouraging other foreign and local investors to participate in the modernization of the countrys health system.
PBS Group Pre-Privatization The proposed Project will help the Bosnian government privatise its share in three still majority state owned banks (PBS, Central Profit Banka, Travnicka Banka) group by June 30, 2001, the deadline agreed with IMF and the World Bank.  The Project will also help to restructure guarantees issued by PBS and this will release all PBS group banks from their joint and several liability, which currently threatens the very existence of all PBS spin offs.
SSL Bosnia IV Sisecam Soda Lukavac d.o.o. (SSL) is involved in the production of light and heavy (dense) soda and other products based on soda ash. SSL was created in 2006; from the transfer of soda ash production assets from a state owned soda ash producer. Soda ash is used as an input in glass, mining, chemicals and food supply (baking soda) sectors.  IFC is proposing to finance SSLs corporate investment program for energy efficiency, environmental improvement projects and other corporate renovation investments (the "Project"). The proposed project will be IFCs fourth engagement with SSL. -Demonstration Effect: IFC''s investment in SSL continues to have a strong demonstration effect as SSL has become an example of a successful privatization and foreign direct investment in Bosnia and Herzegovina. The new project will help enhance SSL''s competitiveness through resource and energy efficiency investments . - Energy Efficiency: The Project is expected to improve energy efficiency significantly.
Raiffeisenbank Bosnia The proposed project consists of a long term loan of up to EUR12 million to Raiffeisen Bank D.D. Bosnia and Herzegovina (RBBH or the Bank). RBBH is the largest bank in Bosnia and Herzegovina (BiH), with total equity of EUR67 million and total assets of EUR1billion, representing (21% of the market share) as at end-2004. RBBH is considered the leading bank in BiH offering a wide range of financial services, including corporate, personal and investment banking. The Banks main strategic goal is to consolidate its leading position in the market by establishing long-term, mutual beneficial cooperation with its corporate and retail customers and by providing high quality comprehensive client services based on advanced banking technology and professional management.  The proposed project aims at providing much needed long term financing to support the growth of RBBHs housing lending program. RBBH started its housing lending program in June 1998 and is now the leading provider of mortgage loans in BiH.
Bekto Precisa Although the origins of Bekto Precisa d.o.o. (Bekto Precisa or the Company) stem from Bekto Internacional d.o.o. which was established as one of the first privately owned companies in the Former Yugoslavia, about 35 years ago, the Company was founded as a family business in 2005 right after the sale of Bekto Internacional d.o.o. to EMKA Beschlagteile GmbH & Co (Emka) in 2004 where Emka is still the largest customer of the Company operating eight factories across Europe and China with annual turnover of 220 million.  Bekto Precisa has specialized in technical know-how and up-to-date technology in the production of highly sophisticated tools and non-ferrous metals, as well as metal-plastic combinations.  The Company is export-oriented and mainly supplies three industries, which in the importance of the turnover generation are automotive, electrical, and ski industries.  Formed with 10 employees, the Company successfully managed to grow into one of the leading companies in the Southern Europe offering turn-key production solutions covering design, engineering, precision tool making and molding, plus additional fitting and assembly services of sophisticated plastic and metal injection molding units by employing more than 350 employees currently.  The Company plans to (i) execute an expansion investment in 2013-2015 to strengthen its competitiveness and to accept multi-tool and larger tool orders for heavier and complex plastic parts, (ii) refinance and restructure its existing debt to optimize the number of relationship banks as well as (iii) improve its corporate governance practices (the Project). - On top of existing labor force of the Company, Bekto Precisa is expected to create additional direct skilled jobs until 2014 in a country where official unemployment rate is around 45%, - Moreover, the multiplier effect is estimated at 3x for indirect jobs in small-medium enterprises focused on factory & machine maintenance and small mechanical workshops located mainly in Gorazde, a small remote mountain town, supporting local MSMEs, - On the back of increased sales & production capacity of the Company as well as export-oriented production & sales will boost the hard-currency flow to BiH with a certain positive impact on BiH''s current account deficit and tax revenues; and - Finally, given that Bekto Precisa mainly sources its main processing material and services domestically, which corresponds more than 50% of total annual expenses of the Company, the Project will have a direct positive local supply chain impact.
EKI CL II Project The project consists of a subsequent loan investment of up to EUR5 million in Micro Credit Foundation EKI (EKI), for on lending to Eligible Sub-Borrowers, with a particular focus on loans for housing refurbishment purposes. 

EKI stands as the third largest and one of the most profitable microfinance institutions (MFIs) in Bosnia and Herzegovina commanding approximately 15% of the market share, and having close to 52,000 active loans. EKIs loans and services are targeted at small businesses, crafts, services and agricultural activities. EKIs clients are low income households, women, invalids, returnees and persons whose businesses create new jobs or sustain existing ones. As of June 2008, EKI had a loan portfolio of $155.6 million equivalent which has grown 2.5x in the last 3 years, and an equity base of $27.4 million equivalent composed of donated capital and retained earnings. As of that same date, ROAA and ROAE stood at 3% and 16.7% respectively. 

This project is aimed at complementing IFCs initial investment in EKI, a EUR$3 million senior loan granted in 2006. In this project, IFC will be supporting a successful commercially oriented microfinance company in its mission to provide access to finance for the Bosnian micro entrepreneurs in the rural areas. Specifically, through this investment there will be a significant direct contribution to poverty reduction  as the loan is expected to reach an estimated 5,000 new micro entrepreneurs during the life of the loan. In addition, the current facility offered would enable EKI to tap into long-term maturities not currently available in the local market to a microfinance company and therefore lengthen the maturities offered to its clients. Therefore, the projects development impact is expected to be high and far reaching in terms of its economic support for productive micro enterprises, of its stimulus for employment generation and for confidence building for the Bosnian microfinance sector.
Micro-Enterprise Bank II The IFC credit line would be used for on-lending to micro and small enterprises in Bosnia.  At December 31, 2001, about 94% of MEB''s disbursed loans were between $1,500 and $15,000, and the average loan continues to be about Euro 4,300 (about $3,800).  In addition, about 25% of loans were for women.  The Euro 3.0 million IFC loan will allow MEB to continue growing its operation and its loan portfolio while continuing to extend credit to the poor and under-served of BiH.
Microcredit Bank Summary Of Project Information (SPI)       Project Name    Bosnia-Herzegovina - Bosnia Microcredit Bank            Region    Europe              Sector    Financial Services      Project No7785   Projected Board DateNovember 5, 1996   Company NameBosnia Microcredit Bank   Technical Partner and/or Major Shareholders    	International Project Consult (Germany - 20%); Market Banka or BH Banka (both of Bosnia - 20%); EBRD (20%); European Union (20%); and IFC (20%).    Project Cost Including proposed IFC investment   	    	US$10.6 million, including an IFC equity investment of up to US$700,000 and may also provide credit support of up to US$5 million.     Location of project and Description of site    	Bosnia-Herzegovina: Sarajevo.    Description of Company and Purpose of Project    	The Bosnia Microcredit Bank would introduce microlending techniques to the country. A specialized financial institution would be created with capital investment and support from an experienced foreign technical partner and a reliable and reputable local financial institution. The developmental impact of microcredit programs on the poorest segments of society is well documented.  The same income generation and employment creation benefits are expected in Bosnia. The commercial orientation of the shareholders of the Bosnia Microcredit Bank is expected to help generate, over a short period of time, a level of pofitability and self-sustainability which would further enhance this banks developmental impact.     Environmental Category and Issues    	This is an environmental review category FI project.  The Company will be required to undertake an environmental review of each sub-project.  In addition, IFC will assess the Companys capability to carry out environmental reviews.           Date SPI sent to PIC     September 25, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
RBBH Housing 2 The proposed investment consists of financing to Raiffeisen BANK dd Bosna i Hercegovina (RBBH) in the form of a senior loan in the amount of up to EUR 5 million, up to 10 years maturity, to provide much needed long term financing to support the mortgage/housing lending program of RBBH, one of the leading providers of mortgage/housing loans in Bosnia and Herzegovina (BiH) since 1998. The project is expected to have a strong developmental impact by:  - facilitating access to long-term housing loans and hence improve the affordability of housing in Bosnia and Herzegovina;  - creating a demonstration effect as a result of the continuous support of one of the major banks in Bosnia and Herzegovina as well building confidence in the Bosnian financial sector;  - contributing to economic growth and poverty reduction by helping to create jobs.
Raiffeisen Bank Bosnia RBBH is currently the leading commercial bank in Bosnia and operates in all parts of the country. As of June 30, 2000 RBBH had total assets of KM (=DEM) 167 million (USD 80 million) and equity of KM 22.3 million (USD 10 million). The project will support the fledgling Bosnian SME sector by providing RBBH with a seven-year loan of up to DEM 20 million for on-lending to SMEs and retail loans. The proceeds of IFC''s loan will be used to (i) refinance existing working capital loans to Bosnian SMEs (loans for investments, which - because of the lack of long term loans - were financed with short term loans) (ii) extend term loans to Bosnian SMEs to support new investments and (iii) grant loans to private individuals to refurbish or buy apartments/houses.
SEF Lijanovici Summary Of Project Information (SPI)       Project Name    Bosnia and Herzegovina-Lijanovici Extended Reach project              Region    Europe        Sector       Project No008599   Projected Board DateJuly 15, 1998   Company NameLijanovici (the Company)   Technical Partner and/or Major Shareholders    	Lijanovici is a family-owned company.  The Company was registered as a legal entity in 1990.    Project Cost Including proposed IFC investment    	Total project cost is US$5 million including IFC senior loan of up to US$2.5 million, representing total costs for the expansion project.  This is a Small Enterprise Fund project.    Location of project and Description of site    	The Company, located in Siroki Brijeg, north of Mostar in Bosnia and Herzegovina, owns a slaughterhouse/processing facility and retail shops. To accommodate the added product volume, an additional storage facility will be constructed on land purchased adjacent to the existing facility, and equipped with shelving and cooling systems.      Description of Company and Purpose of Project    	Lijanovici is a leader in the BiH meat and processed meat products market.  The project will increase the present capacity to meet rising demand.      Environmental Category and Issues    	This is a category B project according to IFC''s environmental review procedure.  Environmental, occupational health and safety issues associated with this project include: site issues including present use of and potential for contamination, air emission, solid waste handling, wastewater management, noise and the use of personal protective gear to ensure proper employee health and safety.  The sponsor will submit adequate information to verify compliance of existing operations with local requirements and World Bank guidelines.    The  is  from the Public Information Center.       Date SPI sent to PIC     May 7, 1998      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sisecam Sode Lukavac The project is to assist the Turkey based Türkiye Sise ve Cam Fabrikalari A.S. (Sisecam) in the privatization purchase of Fabrika Sode Lukavac (FSL), a state owned synthetic soda ash producer located in the Tuzla Canton of Bosnia and Herzegovina (BiH), and implementation of a capital expenditure program to refurbish and upgrade the operations.  The government of the Tuzla Canton, which currently owns 100% of FSLs equity, has carried out the privatization by forming a new company called Sisecam Sode Lukavac (SSL) to which FSL is transferring its soda ash assets.  80% of SSLs shares have been sold to Soda Sanayii A.S. (Soda Sanayii), which is the chemicals arm of Sisecam, while the balance 20% shares are with FSL.  The total project cost is estimated to be about $65 million, of which $31.3 million is towards the purchase of SSLs equity and the balance $37.7 million is towards the refurbishment of the soda ash operations and working capital. The transaction is expected to create a positive development impact based on the following factors:  - Promoting Privatization:   BiH has had a mixed track record on initiating and executing privatization of state enterprises. The successful sale and turnaround of SSL will help build more confidence in the governments commitment towards privatization.   - Supply Chain Impact:  Multiplier impact based on growth in supporting industries (suppliers/consumers). SSL will be the largest consumer of limestone and brine mines in the region and its turnaround will help revive these companies as well.   - Current Account Impact:   Foreign exchange earnings based on exports.  - Employment Preservation:  There are 792 employees in SSL. A successful turnaround of the company will help preserve most of these existing jobs, as well as leave potential for future employment creation from expansion opportunities.  In a country with a high official unemployment rate of more than 40% (informal estimates are closer to 55%) this will be a key development impact.    - Foreign Direct Investment:    With this investment, IFC will help BiHs efforts to attract foreign investment capital.
UniCredit BiH Renewable Energy The proposed project is a senior loan to UniCredit Bank d.d. (UCI BiH) in the amount of EUR5 million, up to 10 years maturity, to provide much needed long term financing to support UCI BiHs on-lending activities for EE/RE projects. The project is expected to have a strong developmental impact by: - Increasing access to funding for underserved RE segment of the economy; - Reducing greenhouse gas emissions by [15,000] tons CO2 per year. - Creating a demonstration effect by continuous support to one of the major banks in Bosnia and Herzegovina and building confidence for the Bosnian financial sector; - Contributing to economic growth and poverty reduction by helping to create jobs in an FCS country.