Project Description

The provision of a long-term loan of up to US$ 12.5 million to Nyva Pereyaslavshchyny LLC to finance the expansion of its pig breeding capacities , the construction of a meat-processing factory, bio-waste recycling facility and related working capital financing.

Project Objectives

The Project will lead to the increase of production capacities, enhanced vertical integration and the introduction of the best environmental practices.

Transition Impact

The transition impact is derived from the project supporting further vertical integration of the business resulting in significant efficiency gains and cost savings/greater profitability beyond prevailing standards in the country/region (Competitive quality). Furthermore, the project will support the utilisation of straw for the production of heat expected to reduce Green House Gases (GHG) emissions and the introduction of best available waste management practices, including the production of by-products from animal wastes (Green quality).

Client Information

NYVA PEREYASLAVSHCHYNY LLC 

Nyva Pereyaslavshchyny LLC is the main operating entity of a vertically integrated group of companies engaged in crop farming, pig breeding and meat processing in Ukraine.

EBRD Finance Summary

USD 12,500,000.00

Senior long-term loan of up to US$ 12.5 million.

Total Project Cost

USD 63,997,000.00

Environmental and Social Summary

Categorised B (ESP 2014). Nyva is an existing client of the EBRD and was subject to an independent environmental and social due diligence when the first project was undertaken on 2013. An Environmental and Social Action Plan (ESAP) was agreed with the Company to ensure compliance with the Bank's Performance Requirements (PRs) and the Company has been implementing that ESAP in the intervening period.

In the context of this new project, additional third party environmental , social and animal welfare due diligence was undertaken to, first, monitor implementation of actions agreed under the existing project and, second, understand the additional environmental and social impacts that might be associated with the construction of the proposed new facilities. In general, the company effectively deals with the key environmental and social issues. New developments and technologies selected by the company are in line with the EU and the Ukrainian legal requirements.

Animal welfare is maintained at a very high level and the company is committed to improving the welfare of pigs as evidenced by the commitment to ensure that all new facilities are designed and constructed to EU standards. Likewise with biosecurity which the Company understands is one of the main risk issues with the implementation of strict biosecurity procedures being a top priority with a high level of compliance.

Improvements required to ensure on-going compliance with the Bank's PRs have been structured within a revised ESAP, which has been agreed with the Company. The Company will be required to continue reporting on implementation of the ESAP and any other environmental or social issues on an annual basis. 

Technical Cooperation

A significant part of the legal and environmental and social due diligence costs has been covered by grant funding from the Japan-EBRD Technical Cooperation Fund.

Company Contact Information

Oleksandr Kucher, Chief Financial Officer

a.kucher@niva-sa.com.ua +380456728192 +380456728160 

http://niva-group.com

08420, Nyva Pereyaslavshchyny LLC 2 Pryvokzalna str v. Pereyaslavske district of Pereyaslav- Khmelnitskiy region of Kiev Ukraine

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.