Toepfer LT Facility

Location:

Ukraine

Project number:

44265

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Approval date:

24 Jul 2012

Status:

Cancelled

PSD disclosed:

22 Jun 2012

Project Description

The EBRD is considering providing a long-term facility of US$ 10 million to a selected subsidiary of Toepfer Group (“Toepfer”), one of the world’s leading agricultural commodity trading companies.

The facility will be used to finance Toepfer’s investments in grain handling and storage infrastructure in Ukraine.

Transition Impact

Strengthening of the Bank’s policy dialogue in the grain sector in Ukraine and demonstration of leading business practices in origination and export. Investments in additional grain handling and storage facilities will improve Toepfer’s operating efficiency with respect to the collection and processing of grain.

The Client

Toepfer Group, based in Hamburg, is one of the world’s leading agricultural commodity trading companies specialising in trading of agricultural products, such as grain, oilseeds, feedstuffs and fertilizers. Toepfer is based in Germany and is one of the leading agribusiness companies globally.

EBRD Finance

Up to US$ 10 million long-term facility.

Project Cost

US$ 10 million.

Environmental Impact

Once Toepfer Group has agreed the long term investment programme it will complete the Bank’s Environmental and Social Questionnaire. The questionnaire will be provided to the Bank for review which will then confirm the final categorisation of the project and agree with Toepfer Group the applicable requirements.

Technical Cooperation

None.

Company Contact

Kevin Brassington. Alfred C. Toepfer International GMBH (for inquiries related to financing):
Ferdinandstr. 5
20095 Hamburg
Germany

Tel: +49 40 30 13-510
Iryna Prysiazhniuk, Alfred C. Toepfer International (Ukraine) Ltd. (for project-related inquiries):
16-A Petra Sagaydachnogo Str.
04070 Kyiv
Tel: +380 44 2301484

 

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

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.

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