Translated version of this PSD: Ukrainian
Project description and objectives
The Transition Impact potential of the proposed project will derive from:
- Demonstration of new replicable behaviour and activities
- Market expansion
- Corporate Standards for Resource Efficiency
Vioil Group is one of the largest sunflower oil producers and exporters in Ukraine.
Up to US$ 40 million in the form of a syndicated loan facility
Total project cost
Up to US$ 40 million.
Environmental and social categorisation, impact, and mitigation
The project is categorised B in accordance with the Bank’s Environmental and Social Policy 2014. Environmental and social due diligence (ESDD) has been undertaken by the Bank's Environment and Sustainability Department based on a review of the Company's corporate management systems and relevant information provided by the Company as well as a site visit and discussions with the Company's personnel. The ESDD confirmed that the Company has adequate corporate systems in place to manage their environmental, health and safety (EHS) issues and that at both the corporate and site level the Company is substantially compliant with local EHS regulatory requirements. The ESDD also identified some areas for further improvement, which have been addressed in the Environmental and Social Action Plan (ESAP) agreed with the Company. The project will be monitored in terms of its environmental and social performance and implementation of the ESAP through annual environmental and social reports as well as site visits when deemed necessary.
Alla Vlasyk, CFO
Tel/fax: 38 (0432) 509-600, 38 (0432) 509-601
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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Text of the PIP