Translated version of this PSD: Ukrainian
The proposed project will finance the pre- and post- harvest working capital needs of farms in Ukraine owned by NCH Agribusiness Partners L.P. (“NAP”) with the ultimate aim of improving farming yields and efficiency through better farm management and technology.
The Project is expected to have strong demonstration effects in Ukraine stemming from the following: improvements in the productivity and efficiency of NAP’s farms through the adoption of advanced farming techniques and environmentally sustainable farming practices; promotion of higher standards in farm management and corporate governance according to international best practices; skills transfer to local employees and other farms with potential spill over effects to the broader industry.
34 farming companies operating in Ukraine.
Up to USD 50 million senior secured revolving loan.
USD 167-191 million.
According to EBRD's Environmental Policy and Procedures, this project has been categorised B. As the project involves fungible financing to a client with multiple sites and assets, environmental and social due diligence is focused on assessing the client's management systems. This due diligence was carried out through corporate questionnaires and a review of the standards and practices used for the existing NAP investments. NAP has developed a comprehensive management system for sustainable agriculture. While implementation of environmental and social actions is the responsibility of individual farm managers, NAP oversees these activities through a process of audits and reviews, and the development of annual business plans for each farm. NAP has developed a checklist for sustainable agriculture practices, which is used to rate each farm and identify areas for improvements. It also aims to have farms certified to ISO9001, ISO 14001 and OHSAS18001. Implementation of these measures will improve the environmental and social performance of the farming operations. The standards and commitment that are to be implemented will form part of the legal agreement for the Project.
TC project involving training programs for small and medium sized third party farms in Ukraine is currently being considered.
Michael Bertram, Head of NCH Ukraine
tel. +38 044 390 57 20
NCH Advisors Inc. representative office in Ukraine:
27 T, Dehtyarivska street, Kyiv, 04119
For business opportunities or procurement, contact the client company.
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
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 how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.