Astarta WC Support Loan



Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

18 Jul 2018



PSD disclosed:

12 Jun 2018

Translated version of this PSD: Ukrainian

Project Description

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.

Project Objectives

The Project will support the Company in financing working capital needs associated with its farming, sugar and soybean processing operations.

Transition Impact

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.

Client Information


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

USD 20,000,000.00

Total Project Cost

USD 242,000,000.00

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.

Technical Cooperation


Company Contact Information

Mr. Viacheslav Chuk
+38 044 585 94 94
04070, Kiev, Yaroslavska str., 58

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP 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. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer ( is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.

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