The EBRD is considering up to USD 20 million equity investment in OASIS to support expansion and capital expenditures programme of the company.
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.
Oasis CIS is currently active in the beverages sectors of Belarus, Kazakhstan and Ukraine.
Up to USD 20 million equity investment
Total project costs amount to USD 182 million.
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.
Oleg Skripko, Director
Tel: +7 495 580 9258
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