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Signature(s)

Amount
€ 71,003,646.14
Countries
Sector(s)
Ukraine : € 71,003,646.14
Transport : € 29,821,531.38
Agriculture, fisheries, forestry : € 41,182,114.76
Signature date(s)
19/12/2016 : € 29,821,531.38
19/12/2016 : € 41,182,114.76
Other links

Summary sheet

Release date
2 November 2016
Status
Reference
Signed | 19/12/2016
20160178
Project name
Promoter - financial intermediary
Cereal production and transport
ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Not disclosed.
Not disclosed.
Description
Objectives

The project consists of the expansion and modernisation of the promoter's logistics infrastructure in Ukraine.

The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as well as increase the annual volume of exported agricultural commodities. It is also expected to have a positive impact overall on the environment and employment.

Environmental aspects
Procurement

The project is expected to have a positive impact overall on the environment and employment by supporting the introduction of more resource-efficient in-land transportation of cereals, resulting in higher profitability as well as reduced losses and waste along the post-harvest infrastructure. The project should also raise safety, health and environmental standards throughout the promoter's operations.

The Bank will require the promoter(s) to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

Comments

This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.

Related documents
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - NIBULON (CEREAL PRODUCTION AND TRANSPORTATION)
Publication Date
23 Dec 2016
Document language
Main Topic
Lending
Document Number
70110303
Document Focus
Environmental Information
Project Number
20160178
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - NIBULON (CEREAL PRODUCTION AND TRANSPORTATION)
Publication Date
23 Dec 2022
Document language
Main Topic
Lending
Document Number
154325372
Document Focus
Environmental Information
Project Number
20160178
Countries
Publicly available
Download now
Link to source

News & Stories

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General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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