All agreed loans

Denmark. Danish Crown A/S

Date of agreement: 20 Jan 2011
Country: Denmark
Customer: Danish Crown A/S
Amount in DKK: DKK 390 million
Amount in EUR: EUR 52.3 million
Maturity: 5 years
NACE sector / loan type: Manufacture of food products and beverages
Business area: Industries and services

Project

The loan has been provided for financing investments into fire prevention programmes in Danish Crown's factories, as well as an upgrade of the company's meat processing factory in Blans, Denmark.

The company's Blans factory is Denmark's third largest slaughterhouse. The investment programme will lead to increased capacity, and relative energy consumption will be reduced. By improving efficiency it may set new and higher standards for the industry, inspiring other companies to step up their efficiency which raises the average level of productivity in the sector.

Danish Crown A/S is a subsidiary of Leverandørselskabet Danish Crown Amba, a co-operative owned by approximately 10,700 farmers in Denmark. The Danish Crown Group is a leading international food producer and the world's largest meat exporter.

Fulfilment of NIB's mandate

The reconstruction of the pork factory in Blans is important in securing the food cluster in Denmark as well as the Danish position in the pork industry. By renovating and modernising the factory's slaughterhouse and production facilities, Danish Crown is setting new and higher standards for the industry.  

Sustainability summary

The re-build of parts of the slaughter facility in Blans has resulted in an upgrade of the technical facilities. State-of-the-art equipment has been installed and several best available techniques solutions have been implemented. Blans slaughterhouse is designed and operated well within what is regarded as best available techniques. Energy conservation measures have resulted in a reduction of the relative energy consumption for parts of the slaughterhouse. Due to a higher automation degree in processing and higher output, the absolute energy use remains equal to the situation before the re-build.