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Project summary document

Project name:Bosch Facility II
Country:Ukraine
Project number:37426
Business sector:General manufacturing
Public/Private:Private
Environmental category:C
Board date:12 December 2006
Status:Signed
Date PSD disclosed:
Date PSD updated:
3 November 2006
Local language translation:Переклад українською мовою 
Date translation disclosed:21 November 2006
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Bosch - One for the road [Story]

Project description
and objectives:

Financing further build-out of a network of Bosch Car Service Providers of full-service auto workshops in Ukraine through the development of existing and establishment of new BCSPs. .

Sub-projects:

When sub-projects are signed they will be listed here.

Transition impact:

The key sources of transition impact potential associated with this Project are as follows:

a) Support for the private SME sector in Ukraine by financing locally owned car servicing companies;

b) Enhancing competition and efficiency in the growing Ukrainian car servicing sector;

c) Transfer and dispersion of skills to local SMEs through staff training and equipment upgrades in co-operation with Bosch;

d) Introducing high standards for business conduct and corporate governance for SMEs.

The client:

Borrowers are Individual private Bosch Car Service Providers (“BCSPs”, i.e. auto-service workshops). Bosch Ukraine and Bosch GmbH are clients/primary interface with the Bank for the structuring and monitoring of the overall framework, providers of security, as well as beneficiaries from the increased business volume which the framework enables.

EBRD finance:

EBRD proposes a EUR 6 million loan framework with a EUR 50,000 – EUR 500,000 sub-loan provided to Bosch Car Service Providers.

Total project cost:

EUR 6 million.

Environmental impact:

Screened C/O. The project will offer the opportunity to introduce to the SME sector sound environmental, health and safety practices, including used oil recovery, spare parts and battery recycling, and strict requirements for service agents regarding the procurement, storage, processing and disposal of materials. There should also be positive environmental benefit from developing a network of Bosch Service Facilities on vehicle fuels and engine efficiency in Ukraine.

Technical
cooperation:

None.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

Company contact:

Financial Director - Netrusov Gennady Pavlovych

Bosch Ltd Ukraine
1, Kraynia St.
Kiev, 02660,
Ukraine

Tel: 380 44 490 -24-76

EBRD contact:

Iryna Marchenko, Operation Leader: marcheni@ebrd.com

Business opportunities:

For business opportunities or procurement, contact the client company.

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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