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Summary sheet
- Agriculture, fisheries, forestry - Agriculture, forestry and fishing
- Industry - Information and communication
The promotor is carrying out a number of investments to enlarge grain and sugar storage capacity. The EIB loan is also expected to finance the development of an information technology (IT) solution to improve a series of agricultural processes as part of the InnovFin scheme.
EIB funds are expected to enable the company to improve trade and export logistics by upgrading existing and constructing new grain and sugar silos. As part of the InnovFin programme, the EIB also aims to help the company make use of Ukraine's IT capabilities in order to develop innovative solutions that optimise processes along the agricultural value chain.
The improvement of storage infrastructure will enable Astarta to mitigate the impact of climate change on yield variation.
The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.
This operation is covered by the ELM Political Risk Guarantee.
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They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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