The loan will enable Draexlmaier to build up production capacity in Romania, Moldova, Serbia and Tunisia, and to finance a greenfield operation in FYR Macedonia, EBRD said in a statement Monday.
EBRD’s board will decide whether to provide the loan at a meeting scheduled for October 1.
Draexlmaier runs businesses in 23 countries and employs 48,000 staff. In Romania, the automotive supplier operates five units, in Satu Mare, Timisoara, Pitesti, Codlea and Hunedoara.