Yioula Glassworks Project
Greece | Materials- Identification Code:
- OP/02/0350
- Total Operation Cost:
- 80.000.000 USD
- Maturity:
- 60 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date20.000.000 USD – 19 Sep 2003
-
BSTDB Signed Amount – Signed Date20.000.000 EUR – 22 Dec 2003
-
Status:Completed
- Description and Purpose of the Operation:
- The operation involved the financing of the capital expenditure programme for modernisation and expansion of Yioula Group.
- Countries of Operation:
- Greece (100,00%)
- Financial Product:
- Loans
- Sector:
- Materials
- Domain:
- Private
- Borrower/Client:
- Yioula Group, a leading producer of glass packaging products in Greece and Bulgaria.
- Co-Financers/Participants:
- Citibank, EFG Eurobank and other prime Greek commercial banks
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- The Operation had strong developmental impact and contributed to the co- operation of the economies of the BSEC Member Countries involving well- known enterprises from Greece and Bulgaria.
- Environmental Classification and Impact:
- The operation was in compliance with the Bank's Environmental policy.
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
