This project provides financing to Allseeds, a company operating in the agribusiness sector located in Yuzhny port, Odessa, focusing on vegetable oils. FMO's financing aims to increase Allseeds capacity, and reach maximum efficiency without equipment purchase and installation.
Allseeds, founded in 2010, is an export-oriented infrastructure operator in the agribusiness sector located in Yuzhny port in the Odessa region of Ukraine. It focuses on vegetable oils, by-products of their extraction and their derivatives. The company’s current lines of business are sunflower oil extraction, the production of sunflower meal, and the storage and transshipment of these products to large vessels in the Yuzhny port. It operates both as a crusher and a toller, while also providing transshipment services to third parties.
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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/independent-complaints-mechanism