Kilic Deniz Urunleri Uretimi Ihracat Ithalat VE TIC. A.S.
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Kılıç Deniz started its operations in 1993 and has become a major aquaculture player in Turkey, operating a fully integrated value chain with offshore and inland facilities. Aquaculture operations of Kılıç Deniz are organized in four business segments: (i) offshore marine farms - production of seabass, seabream and meagre; (ii) inland fresh-water farms - production of trout and salmon trout; (iii) fattening and farming of tuna and (iv) juvenile fish hatchery and fish feed production.
What is our funding objective?
The funding objective is an emergency grant that contributes to temporary housing in the form of furnished containers for clients, employees and their families.
Why do we fund this investment?
FMO wants to support its Turkish clients with preserving their impact and safeguarding business continuity during the current challenging circumstances.
What is the Environmental and Social categorization rationale?
NA
More investments
| Date | Total FMO financing |
|---|---|
| 3/8/2021 | EUR 65.00 MLN |
| 1/11/2023 | EUR 25.00 MLN |
- Region
- Europe & Central Asia
- Country
- Türkiye
- Sector
- Agribusiness, Food & Water
- Publication date
- 3/30/2023
- Effective date
- 3/14/2023
- Total FMO financing
- EUR 0.02 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+