IØ’s legal mandate is to promote Danish investments in Central and Eastern Europe and thereby support the reformist countries in their efforts to achieve an increased economic, commercial and industrial development; and to enhance the possibilities for closer economic co-operation between Denmark and Central and Eastern Europe resulting in generally improved East/West relations, which will benefit Danish trade and industry, as well as the employment situation in Denmark.
IØ is a legally independent, self-governing entity, limited in its liability to the extent of its net worth only. The Danish Minister of Foreign Affairs appoints the Supervisory Board and the Managing Director. The Fund operates in accordance with business principles and has elaborated, as basis for its investment activities, a Corporate Social Responsibility (CSR) policy which comprises high environmental standards for Occupational Health and Safety as well as high standards for code of conduct.
IØ provides advisory services, share capital participation, loans and guarantees on commercial terms for investments in production or service companies in Central and Eastern Europe. Since 2006, IØ’s investment activities have been limited to projects in Russia, Ukraine and Belarus. The Fund’s revenues are generated by interest, dividends and profits from sale of shares.
By collaborating with IØ, the partners, in addition to financing, gain access to IØ’s sister fund IFU’s knowledge accumulated through investments in over 700 projects in 85 countries since 1967, and to an extensive network of advisers and financial institutions.