Globino

completed

Globino Group of Companies (“the Company” or “Globino”) was founded in 1998 and its business started with a small slaughterhouse. Today, Globino is one of the major Ukrainian pig breeders; its core businesses include pig breeding, meat processing; and production of sausages, butter and cheese. Also, it includes brick production and construction companies. Globino has an extensive distribution system covering almost all Ukraine. Globino operations are located in Poltava region of Southern Ukraine. The Project will help Globino expand its capacity to meet growing demand for pork in Ukraine. The expansion by Globino will result in an increase in both quantity and quality product in the marketplace. The Project will: a) boost the production capacity of Globino’s pig farms from 90,000 pigs to 400,000 pigs; b) increase sausage capacity at Globino meat processing plant from 1,700mt/month to 2,500mt/month and modernize the slaughter house as well as increasing the capacity from 50 animals/hour to 150 animals/hour, and c) modernize and expand butter and cheese production at Globino dairy mill. In addition, IFC may be able to contribute advisory services and financial resources related to energy efficiency and cleaner production under its Cleaner Production Lending Facility.