Translated version of this PSD: Ukrainian
Project Description
The EBRD is considering providing up to USD 25 million to finance capital investments at the Globino Group, with the goal of modernising and expanding production capacity at pig production farms and the meat processing plant.
Transition Impact
The Transition Impact potential of the Project will derive from:
1) demonstration of the successful restructuring of the Globino Group’s activities in terms of modernisation and expansion,
2) backward linkages to cereal crop suppliers and 3rd party pig suppliers, and
3) setting standards for improving environmental standards.
The Client
Globino Group is one of the major meat processing groups in Ukraine. The Group is vertically integrated with a feed mill, pig breeding / growing complex and meat processing plant. The Group also includes a cheese and butter producing plant.
EBRD Finance
Up to USD 25 million.
Project Cost
Approx. USD 91 million.
Environmental Impact
The proposed project has been categorised B in accordance with the 2008 EBRD Environmental and Social (E&S) Policy, as the potential impacts are expected to be site specific and readily identifiable and addressed through mitigation measures.
The environmental and social due diligence for the project, which is ongoing, includes an independent third party environmental and social audit to assess the Company’s capacity and systems to manage environment, health, safety and labour issues in its operations. It will also assess the Company’s ability to operate to EU environmental standards and to comply with the Bank’s Environmental and Social Policy 2008 Performance Requirements applicable to the project (specifically PRs 1-8 and 10).
Based on the findings of due diligence, if necessary, an Environmental and Social Action Plan (ESAP) will be prepared and agreed with the Company to address any environmental and social issues identified within a reasonable time-frame.
This PSD will be updated as the results of the E&S due diligence become available.
Technical Cooperation
Funding for a multi-regional study of the meat processing sector.
Company Contact
Mr. Igor Skubiy
Email: skubiy@globino.ua
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
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
