According to FMO website, Astarta Kiev is one of the top five integrated agri businesses of Ukraine. The company is active in four complementary business segments: agriculture, dairy, sugar production and soy processing. The FMO facility will be used for working capital, among others investments in crops in the fields, crop processing and financing inventories to enable sale after harvest season. With this facility FMO supports a long-standing client that has limited access to hard currency funding because of the volatile macro-economic and business environment in Ukraine.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/