Translated version of this PSD: Ukrainian
A senior secured long-term loan of up to US$ 20 million to finance working capital of Astarta, one of the leading agricultural companies in Ukraine.
The Project will support the Company in financing working capital needs associated with its farming, sugar and soybean processing operations.
As expected, the Project will contribute to making Ukraine's economy more inclusive and competitive. In particular, the Project will support the Company in development and implementation of cooperation with local universities and schools, contributing to improved access to training and employment opportunities for young people. In addition, the Project is expected to contribute to significant efficiency and productivity gains through introduction of modern IT solutions and farming techniques as well as to support development of stronger backward linkages to local suppliers.
Astarta is one of the largest vertically integrated agricultural companies in Ukraine, operating eight sugar plants, around 250,000 hectares of leased arable land, as well as dairy farms, and engaged in soybean processing.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised C (2014 ESP). The environmental and social risks associated with the provision of working capital are not expected to be significant and do not require specific due diligence. Astarta's environmental and social impacts and corporate management systems are well known to the Bank from the four previous transactions and an audit of the company was carried out by independent consultants in September 2017 for the Astarta Grain transaction. The company is implementing the agreed ESAP and provides detailed annual environmental and social reports.
Company Contact Information
Mr. Viacheslav Chuk
+38 044 585 94 94
04070, Kiev, Yaroslavska str., 58
For business opportunities or procurement, contact the client company.
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