DFF - Nyva Extension



Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

13 Apr 2021



PSD disclosed:

19 Apr 2021

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

Up to USD 10m, six-year senior secured loan to Nyva Pereyaslavshchyny LLC to support long-term investments, including grain storage capacity increase, modernisation of existing feed mill, irrigation systems and a portion of other agricultural machinery. 

Project Objectives

The project will enable Nyva to increase its operational efficiency and vertical integration, as well as improve its productivity with application of irrigation and increased grain storage capacity in Ukraine. 

Transition Impact

ETI score: 71

The Project is expected to generate transition impact under the "competitive" and "green" transition qualities:

- Competitive: the Project is expected to contribute to policy engagement for the advancement of sector regulation on antibiotic use and Antimicrobial Resistance (AMR) in pork production in Ukraine.

- Green: the Project entails improving climate resilience of production by reusing wastewater from rendering facilities. The client is also committed to undertaking a comprehensive GHG emissions assessment of its livestock operations using the FAO GLEAM method (Global Livestock Environmental Assessment Model) that is novel in Ukraine.

Client Information


Nyva Pereyaslavshchyny LLC is the main operating entity of a vertically integrated group of companies engaged in crop farming, pig breeding and meat processing in Ukraine.

EBRD Finance Summary

USD 10,000,000.00

Total Project Cost

USD 10,000,000.00


The Bank's financing bridges a financing gap which results from the Covid-19 pandemic. The Bank is able to provide non-financial support by helping the client develop the assessment of the GHG footprint of their livestock operations and will undertake a GLEAM-i assessment of their livestock operations.

In addition, the Bank and the client will engage in a policy dialogue in relation to AMR in pork production in Ukraine, which is ultimately expected to translate into opportunities for enhancing the sector competitiveness.


Environmental and Social Summary

Categorised B (ESP 2019). Nyva is an existing client of EBRD and was subject to independent environmental, social and animal welfare due diligence when the first project was undertaken in 2013. In the context of the second project with the company, additional third party environmental, social and animal welfare due diligence was undertaken to monitor implementation of actions agreed under the existing project and understand the additional environmental and social impacts that might be associated with the construction of the proposed new facilities. For both projects, environmental and social action plans (ESAPs) were agreed with the company to ensure compliance with the Bank's Performance Requirements (PRs). It should be noted that the IFC is also a four-time lender to Nyva and has, likewise, undertaken due diligence against World Bank requirements and agreed ESAPs with the Company.

Previous due diligence and monitoring has demonstrated that the company effectively deals with the key environmental and social issues. Monitoring of the company has demonstrated satisfactory E&S performance to date and that both ESAPs have been completed. The company has implemented environmental management and health and safety management systems at the corporate level and E&S impacts are managed in accordance with those management systems, Ukrainian law and EU requirements for modernisation, or design of new, facilities.  Principles for human resource management are reflected in the company's articles of association, internal labour regulations, regulations for remuneration, and social guarantees for the company's employees in accordance with the collective agreement. The collective agreement applies to all company's employees. Animal welfare is maintained at a very high level and the company is committed to improving the welfare of pigs as evidenced by the commitment to ensure that all new facilities are designed and constructed to EU standards. Likewise with biosecurity, which the company understands is one of the main risk issues, and implementation of strict biosecurity procedures is a top priority with a high level of compliance.

The proposed new project with the company is not associated with any additional E&S risks that cannot be addressed through existing management systems. It is noted that a number elements of the project contribute to Green TI including the use of more modern slurry spreading equipment, so reducing ammonia emissions, and re-use of waste waters for irrigation purposes. In support of this, the company will be required to further develop its manure management through the development of a manure management plan compliant with the best availbale technology reference document for the Intensive Rearing of Poultry or Pigs. The company is required to continue compliance with the Bank's Performance Requirements and provide annual E&S reporting to the Bank.

Technical Cooperation and Grant Financing

Legal due diligence costs to be covered by the TC under Project Preparation Support Programme for Agribusiness Projects in Ukraine (1414). The TC is funded by Japan-EBRD Technical Cooperation Fund.

Company Contact Information

Alexander Kucher
+380 50351 8695
08420, Nyva Pereyaslavshchyny LLC 2 Pryvokzalna str v. Pereyaslavske district of Pereyaslav- Khmelnitskiy region of Kiev Ukraine

Implementation summary

PSD last updated

19 Apr 2021

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and Compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all activities of the Bank in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The Bank believes that identifying and resolving issues at the project assessment approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts, and also helps to monitor integrity risks in projects post-investment.

OCCO is also responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, both within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. All matters reported will be handled by OCCO for follow-up. All reports, including anonymous ones, will be reviewed. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email ipam@ebrd.com to get guidance and more information on IPAM and how to submit a request.


Share this page: