Toepfer WC Facility 2012

Location:

Ukraine

Project number:

43467

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Target board date:

24 Jul 2012

Status:

Completed

PSD disclosed:

22 Jun 2012

Translated version of this PSD: Ukrainian

Project Description

The EBRD is considering providing a revolving loan facility of up to US$ 50 million to Alfred C. Toepfer (Ukraine) Ltd to finance the company’s working capital needs of. associated with origination of grains and oilseeds 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.

The Client

Alfred C. Toepfer (Ukraine) Ltd, is a fully owned subsidiary of Alfred C. Toepfer International Netherlands B.V., a member of Toepfer Group.

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 fertilizer. Toepfer is based in Germany and is one of the leading agribusiness companies globally.

EBRD Finance

Up to US$ 50 million revolving working capital loan.

Project Cost

US$ 150 million.

Environmental Impact

The project was categorised B and due diligence conducted by means of a detailed environmental and social questionnaire which was completed by Alfred C. Toepfer (Ukraine) Ltd. and submitted to the EBRD for review. The questionnaire covered all the relevant aspects under the Bank’s Performance Requirements. The environmental and social issues associated with the activities of the borrower are limited and generally addressed through adherence to the national environmental requirements. No environmental and social action plan will be required for the project. Alfred C. Toepfer (Ukraine) Ltd. will provide the Bank with annual environmental and social reports and will be reporting on any incidents or accidents.

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

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Text of the PIP

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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.