As stated by the IFC, the proposed Project is to provide (i) financial support to increase the land under cultivation by approximately 120,000 ha by year 2012 in connection with the Company’s expansion plan in farming and poultry operations, (ii) guarantee for the purchase of farming equipment and machinery. This would be IFC’s third investment in the MHP. In 2003, IFC initially invested in MHP to support its efforts in chilled poultry distribution and sunflower feed technology (Project ID 21071). The project was successful and IFC followed-up with an equity investment and a loan in 2005 (Project ID 24011) for further expansion of existing and construction new facilities in Mironivsky’s integrated poultry operations. Information about these projects was disclosed on the IFC’s site and locally.
As stated by the IFC, MHP is vertically integrated poultry and grain producer. It owns and operates the key steps of the chicken meat production process, starting from crop growing (corn, wheat, sunflower, and rapeseed); grain processing; feed grains and fodder production and egg incubation to grow out of chickens, poultry processing, distribution and sales. Associated agricultural operations include sunflower oil, sausages and cooked meat production; fruit growing and sell; cattle breeding; meat processing; goose and “foie gras” production.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||PJSC Mironivsky Hliboproduct||Client||Agriculture and Forestry|
Client - PJSC Mironivsky Hliboproduct:
Sobotyuk Anastasiya - Head of Investor Relations and Communications Department
Address: 158, Ak. Zabolotnogo St., Kyiv 03143, Ukraine
Phone: +38 044 207 99 58
ACCOUNTABILITY MECHANISM OF IFC
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