Project summary
Envipco offers an innovative and easy way for consumers to return empty PETs, cans, and glass drink containers. In addition to producing these machines, the company plays a vital role in supporting the governments of several countries in setting up legislation for deposit return schemes.
We provided a €9 million loan through the Dutch Trade and Innovation Fund (DTIF) we manage on behalf of the Ministry of Foreign Affairs. Envipco is using the loan for the working capital needs of its production facility in Sebes, Romania, which helps serve the growing European demand for reverse vending machines.
Project impact
Reducing plastic waste
Reverse vending machines are essential to reaching ambitious EU targets, such as 90% collection of plastic bottles and cans for recycling by 2029.
Increasing circular jobs
The company's expansion has created around 200 jobs in Romania and 25 jobs in the Netherlands.
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Sona Krijger-Dolbakyan
Senior Investment Manager International Finance
