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Sodrugestvo Working Capital Loan

Sector: Consumer Products • Location: Russia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Cancelled

The EBRD is considering providing a long-term secured loan to finance selected investments aimed at improving the Company’s operations and competitiveness. Transition impact potential will derive mainly from improvements to agricultural transportation infrastructure and energy efficiency investments. Sodrugestvo Group is a leading producer and supplier in Russia and the CIS of animal feed products

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Project Information

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The project “Sodrugestvo Working Capital Loan” is an infrastructure initiative in the Consumer Products sector, located in Russia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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cancelled

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Description

Description

The EBRD is considering providing a long-term secured loan to finance selected investments aimed at improving the Company’s operations and competitiveness. Transition impact potential will derive mainly from improvements to agricultural transportation infrastructure and energy efficiency investments. Sodrugestvo Group is a leading producer and supplier in Russia and the CIS of animal feed products, mainly soy meal. Up to USD 40 million secured corporate loan to Sodrugestvo and its subsidiaries. USD 40 million. 1. Screened B (2008). Environmental and social issues can be readily identified, addressed and mitigated through an environmental and social analysis and action plan. 2. An integrated corporate environmental and social audit was conducted by independent third party environmental consultants in August 2009. 3. Current activities of the Company are not associated with any significant environmental or social issues. There are some minor environmental and occupational health and safety issues that can be easily rectified and some corporate actions needed to strengthen environmental and social management. An Environmental and Social Action Plan has been developed to address these issues. 4. An Environmental and Social Action Plan has been developed and will be agreed with the Client prior to Board review of the project. The action plan will address some minor environmental. occupational health and safety issues identified by the audit and includes some corporate actions to strengthen environmental and social management. None. Stephane Frappat, CEO 65 Gagarina Str 238340 Svetliy, Kaliningrad region, Russia Tel: +74012 (30) 55 00

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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