Astarta IV (IFC-40716)

  • Ukraine
Where the impacts of the investment may be experienced.
Specific Location
Kiev, Poltava, Kharkiv, Vinnitsa, Khmelnitskiy
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 15, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 1, 2018

Disclosed by Bank Feb 8, 2018

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Can you contribute information about this project?
Contact the EWS Team

Project Description

This project provides financing to Astarta, a primary agriculture producer in Ukraine, for improvements in resource efficiency in the company's factories, and the development of the farming and trading of grains and oilseeds through funding farming equipment and storage.

Investment Description
  • International Finance Corporation (IFC)
Private Actors

Mr. Victor Ivanchyk, the founder and the CEO of Astarta, owns 36% of the interest in the Company. The second major shareholder is Fairfax, a Canadian insurance broker, owning 28% of the Company. The rest is a free-float on WSE.

Contact Information

Vyacheslav Chuk 
Head of Credit Department 
04070, Kiev, Pochayninska str., 38/44 

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