Oasis

Location:

Regional

Project number:

42295

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Target board date:

29 Sep 2011

Status:

Disbursing

PSD disclosed:

13 May 2011

Project Description

The EBRD is considering up to USD 20 million equity investment in OASIS to support expansion and capital expenditures programme of the company.

Transition Impact

The Project transition impact potential can be derived from regional market expansion, the distribution of new beverage products and the related quality improvements in the production process. Backward linkages to local farmers will be enhanced as part of the local raw material purchase. Additional transition impact could be derived from improvements in quality standards, energy efficiency and corporate governance improvements.

The Client

Oasis CIS is currently active in the beverages sectors of Belarus, Kazakhstan and Ukraine.

EBRD Finance

Up to USD 20 million equity investment

Project Cost

Total project costs amount to USD 182 million.

Environmental Impact

Screened B. The Project was categorised B according to the EBRD’s Environmental and Social Policy 2008. The potential adverse future environmental and social impacts associated with the Project are site-specific and readily addressed through mitigation measures. Due diligence is still ongoing and, following completion, an Environmental and Social Action Plan (ESAP) will be developed and agreed with the Company as necessary and prior to Board submission, to ensure the Company's compliance with the Bank’s Performance Requirements. The Bank will monitor the Company's environmental and social performance for the lifetime of the project through annual environmental and social reporting and via periodic site visits. The Company will be required to immediately notify the Bank of any incidents or accidents likely to have an effect on the environment or worker and public safety.

Technical Cooperation

None.

Company Contact

Oleg Skripko, Director

Tel: +7 495 580 9258
E-mail: oleg@oasisdrinks.com

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

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 (pcm@ebrd.com) 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.