This project provides financing to Nyva, a large industrial pig and grain producer in Ukraine, for the expansion of its pig breeding operations, and to increase its meat processing capacity. The expansion will be located in a rural area of the Kyiv region.
The proposed investment is expected to benefit consumers, employees, and local community. The retailers, and ultimately the end consumers, will benefit from increased volumes of pork, produced in line with best international practices with regard to quality and food safety standards. In addition, IFC anticipates that the project will contribute to job creation in rural areas where employment opportunities are scarce, and will support the local community.
Mr. Oleksandr Mostipan, the founder and Chairman of the Board, is the ultimate beneficiary of the Group and owns 99% of the shares.
JV LLC Nyva Pereyaslavschyny
2, Privokzalna str., v. Pereyaslavske, Pereyaslav-Khmelnitskiy districtKyiv oblast, Ukraine
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/