devinitorg/iati-policy-markers huggingface dataset:
DeNovo Corporation The project involves a $3.5 million investment in De Novo Corporation (De Novo, or the company) to support the companys plan to establish a Tier III data center in Kiev, Ukraine.  The data center is being designed to maximize energy efficiency, and would likely be the most green data center in Ukraine.  Through the investment, the company will provide datacenter and business continuity services required by medium-sized and large clients in a number of industries. Some of the development impacts are highlighted below:

Improving IT infrastructure in Ukraine: Currently, there are no certified Tier III datacenters in Ukraine or data centers that fully meet the requirements of the National Bank of Ukraine.  DeNovo would provide a service level that fully meets the requirements of financial institutions and auditors.
Increase in capacity: Though there are more than a dozen data center services providers in Ukraine, the IT services market in Ukraine is underdeveloped and demonstrates a strong capacity on the demand side.
Reduced climate change impact: DeNovo data center will be established using a "green" computing concept, i.e. implementation of energy-efficient computers, network servers and peripherals, as well as "free air cooling" technologies.  The data center will install state-of-the-art special software based power management systems to optimize power usage.  The power saving potential is up to 30%.
Banking sector development: DeNovo will provide the local banking sector with access to high quality computing capacity with guaranteed up-time, power outage protection, operational data security, and communications redundancy. Outsourcing of data center services would allow Ukrainian customers to reduce Capex and operational costs, to free up cash to invest in the core business.
Employment generation: Up to 30 new high-income jobs will be created due to the project implementation.
Skills Training: DeNovo specialists will be able to get first-hand experience in operating Tier III datacenter which is now unavailable in the local IT market.
Ukrgasbank Support The proposed project consists of a senior unsecured loan of up to EUR30 million to a state owned PUBLIC JOINT STOCK COMPANY JOINT STOCK BANK UKRGASBANK (JSB UKRGASBANK, UGB or the Bank), with an option to convert into up to 20 percent equity share of UGB to finance eligible Energy Efficiency / Renewable energy projects in Ukraine, including to SMEs. The tenor of the loan of up to five years with a bullet repayment. The option to convert the loan into UGBs equity will be at IFCs full discretion. The most significant, expected project-level outcome is increased access to climate mitigation finance in Ukraine. Beyond the project-level outcome, IFC anticipates that the Project will promote greater market competitiveness through anticipated privatization and promotion of the climate finance products via capacity building, demonstration, and market enabling channels. Also, the investment will promote the sustainability through sustainable lending products that meet green lending standards establishing and promoting these standards in the banking industry through capacity building and demonstration channels.
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          The proposed investment is to support JV LLC Nyva Pereyaslavschyny (Nyva or the Company), a large industrial pig and grain producer in Ukraine, by providing a long-term corporate loan to finance the Companys 2018-2019 capital expansion program. 
       
       
         Established in  
         1998 in the 
           
         Kyiv region 
         , the Company is Ukraines top-5 industrial pork producer. Nyva operates 9 pig farms and has 23,000 ha of agricultural land under management. In 201 
         7 
         , the Company produced over 2 
         8 
         0,000 of live pigs. 
       
       
         The implementation of the Project will allow Nyva to expand its pig breeding operations and increase the meat processing capacity. 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.
International Mortgage Bank The proposed transaction is to invest up to $7 million in form of senior and/or convertible loan to support the development of first specialized housing finance company in Ukraine, International Mortgage Bank (IMB, the Bank or the company).  IMB, established on January 2005, will offer variety of products ranging from housing purchase loans to housing improvement loans.  Local banks in Ukraine currently lack expertise in housing finance sector and this new specialized bank with its standardized underwriting guidelines will act as a role model in development of housing finance sector in Ukraine.
Sofia Kiev Hyatt The Industrial Union of Donbass (ISD) is seeking IFC support to help finance CJSC Sofia Kiev (or the company), a 235-room hotel in central Kiev. The hotel is expected to be operated by Hyatt International under the Hyatt Regency brand name.
Nyva Expansion The proposed investment is to support JV LLC Nyva Pereyaslavschyny (Nyva or the Company), the second largest industrial pork producer in Ukraine, by providing a long-term corporate loan to finance the Companys 2021-2023 capital expansion program.  Established in 1998 in the Kyiv region, Nyva now operates 11 pig farms and has 23,000 ha of agricultural land under management. In 2019, the Company produced over 40,000 tons of pork.  The implementation of the Project will allow Nyva to expand its pig breeding operations. Construction of new farms will improve consumer access to quality pork at the time when the industry is facing serious biosecurity risks.
First Lease Established in late 1999, FL is one of the earliest entrants into the Ukrainian leasing sector.  FLs primary product is vehicle leasing/financing for enterprises operating in Ukraine.  The company primarily leases cars, light vans, and trucks which are used for monitoring and managing inventory; deliveries; and promotion.  The IFC credit line will be used to finance FL's operating lease activities which provide vehicle leasing to commercial enterprises in Ukraine.  

FL has also received the approval of a comprehensive technical assistance program (TA) with funding of $130,000 from the government of Holland.  As FL is still a young enterprise, the technical assistance project will focus on improving/developing several operational areas to help the company sustain its growth.  The TA project will involve the following, among other, components: 
integration of FLs back office and IT systems; 
assistance in new product development; and
implementation of a leasing oriented IAS accounting system.    

The benefits of leasing to private enterprises, particularly small and medium enterprises (SMEs), are well documented.  In Ukraines credit-constrained environment, leasing will provide one of the few viable means of financing investments in assets.  This is particularly important in the SME sector where the lack effective financial intermediation is acute.  Ultimately, a well-functioning leasing sector would play an important role in supporting the capital investment needs of local enterprises.  

IFCs support of FL will help the company expand its leasing activities as well as develop further its internal management and technical systems.  IFCs credit line will provide needed financing to FL in an environment where access to term financing is extremely limited.  At the same time, the demand for leasing far outweighs the supply provided by existing leasing companies.  In addition, the technical assistance activities associated with the loan will help strengthen various business/operating aspects of the company as noted above.
IMB WHL Project The proposed project involves an IFCs minority equity investment and long term funding to IMB Group, to support its residential housing finance lending program.  IMB is the only full service commercial bank in Ukraine whose primary focus is the residential mortgage market.  Since inception, the Bank has issued over $66million of first lien mortgages in Ukraine and now captures approximately 10% of the Kiev capital region residential mortgage market in terms of disbursements, specializing in originating and servicing residential mortgages to individuals.  IMB has ambitious plans to scale up its mortgage operations to help address the deficiency in the Ukrainian market.  In addition to the residential mortgage business, IMB has a growing business providing point of sale consumer loans, credit cards and other consumer financing to the Ukrainian market.  At year end 2006, these consumer loans accounted for 24% of its loan portfolio. The Ukrainian financial market is underdeveloped and individuals lack access to mortgage loans, in particular access to affordable long-term loans.  By providing long term funding, the proposed project will enable the Bank to grow its origination volume, which, in turn, will increase market competition and lower the cost of mortgage loans, making the purchase of homes more affordable to a larger number of consumers.  Moreover, the project will enable IMB to continue to extend mortgage financing to previously underserved groups.  By providing increased sources of financing to the domestic population, the project will help to address the countrys housing deficit, and enable the purchase of homes by a large section of the low and middle-income population segment. The projects development impact is noteworthy as housing finance contributes to social stability by enabling households in these income segments to purchase an asset that will represent their largest single investment.
InVivo Ukraine Established in France in 1900, Groupe Soufflet (Soufflet Group) was privately-owned by the Soufflet family through Ets. J Soufflet SA, a holding company incorporated in France. Soufflet Group was a vertically integrated agribusiness group operating in wheat & barley value chains. In December 2021, Soufflet Group was acquired by InVivo Group (InVivo). InVivo is one of Europe's leading agricultural group, with a workforce of more than 13,000 employees. Established in 38 countries, InVivo operates across: Agriculture; Malting; Milling, Ingredients, Bakery / Pastry / Confectionery; Gardening and Food Distribution; International Grain Trading and Wine.   In October 2021, IFC committed 50 million in A Loan to fund working capital needs of specific Soufflet Group (now, InVivo) subsidiaries in Bulgaria, Kazakhstan, Poland, Romania, and Ukraine. The existing loan is proposed to be increased by up to an A Loan of 65 million to support working capital needs and liquidity needs of InVivo in Ukraine . The Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Satisfactory to Good. The most significant, expected Project-level outcome is the impact on farmers' access to markets and quality inputs as well as its contribution to global food security.
Asnova Project LLC Savservice Center (Savservice Center or the company) is a Ukrainian company involved in the distribution, warehousing and logistics of fast-moving consumer goods.  Savservice Center carries out its activities under the trade names of Savservice, Komora-S through a network of 18 fully-owned subsidiaries, including 16 distribution companies present in 13 regions throughout Ukraine.  To support its operations, the company owns and operates warehousing and logistics facility in Kyiv, maintains a fleet of leased and owned vans and employs approximately 2,400 people.  In addition, the company rents warehouse space from third parties both in Kyiv and throughout Ukraine.  To respond to the booming demand for high-quality modern distribution, warehousing and logistics services in Ukraine, Savservice Center is implementing a capital investment program (the Project), which contemplates the construction of a new warehouse and customs terminal at the companys existing warehousing and logistics facility, the acquisition and renovation of a warehousing center near Kyiv, investments in vehicles and a management information system.
Bayer Farmers II The proposed IFC project entails a risk sharing facility (RSF) in partnership with Raiffeisen Bank Aval (RBA or the Bank) on a portfolio of up to US$60 million equivalent with IFCs exposure of up to US$30 million. The portfolio will consist of receivables generated by Bayer Ltd. Ukraine (Bayer Ltd or the Company) on the sale of crop protection products and seeds to existing and new farmer clients. The proposed project is a repeat investment based on the existing facility entered into in 2011 (project no. 30595).  RBA is a universal commercial bank, ranked 7th largest in Ukraine in terms of total assets as of end 2014, and offering a full range of banking services to corporate customers, micro, small and medium enterprises (MSMEs) and individuals. The Bank has a network of almost 700 outlets across Ukraine and has extensive presence in agri-finance. Raiffeisen Bank International (RBI) is the controlling shareholder with 96.5% ownership. The remaining 3.5% is owned by a large number of minority shareholders. Both RBA and RBI are long-standing IFC partners.  Bayer Ltd is a Ukraine-registered entity fully-owned by Bayer AG. Bayer Ltd is a main input supplier of crop protection products (mainly pesticides, herbicides and fungicides) in Ukraine. The Company works extensively with small and medium-sized farmers. Bayer Ltd operates under the CropScience division of Bayer AG. - The project will further improve access to affordable funding to agribusiness SMEs, which has become even more difficult and expensive in recent years in Ukraine. The financing provided under the existing facility has reached more than 11,327 farmers. - Most SMEs in Ukraine are currently unable to obtain financing to purchase the necessary crop protection inputs. Instead, they are compelled to use counterfeit or generic products of lesser quality and effectiveness in less than optimal amounts, resulting in suboptimal yields. This has been exacerbated by the current political instability in Ukraine and low international commodity prices. The project will enable SMEs to purchase the necessary crop protection inputs and seeds to maximize good quality crop yields.  - The project will enable Bayer to provide technical assistance to SME farmers in controlling pest & diseases and improving yields under the best practices of sustainable agribusiness.  - The project will have a demonstration effect: IFC''s investment in the project shows IFC''s strong commitment to the agribusiness sector in Ukraine despite the current challenging environment. It is expected to encourage banks to extend credit to this crucial sector, and especially to SMEs in this sector.
Rise Project Closed Joint Stock Company Rise (Rise or the company) is a leader in providing integrated agribusiness services and inputs to farms in Ukraine.  Under a one-stop-shop concept, Rise distributes a full-range of agricultural inputs such as seeds, fertilizers, crop protection products and agricultural machinery/spare parts, which are packaged together with value-added services such as agronomic consultancy, product off-take, and transportation, to more than 6,500 farms in Ukraine, Russia and Moldova.  The project is to strengthen the companys balance sheet by providing longer debt maturities in line with the expected payback from recently made investments through refinancing of the existing debt, which matures in 2006.
SLGP EC RSF Ukraine OTP Bank and Leasing The proposed investment consists of unfunded risk sharing facilities (RSFs) with JSC OTP Bank and OTP Leasing LLC (partner FIs) in an aggregate amount of up to 60 million, where IFCs risk participation will be up 30 million, or 50% of the RSFs (the Project). The Project is processed under IFCs Small Loans Guarantee Program (SLGP EC/PSW), a programmatic approach to de-risk and scale up financing to small and medium enterprises (SMEs) in Ukraine and other eligible countries. SLGP EC/PSW is supported by the European Commissions (EC) European Fund for Sustainable Development. The Project will also be potentially supported by the Women Entrepreneurs Finance Initiative (We-Fi), subject to further approvals and achieving agreed targets, in the form of a performance-based incentive (PBI) to incentivize the partner FIs increased financing of women-owned SMEs in Ukraine. The most significant expected project-level outcome for the Project is access to finance for SMEs, particularly for WSMEs. Beyond the project-level outcome, IFC anticipates that the investment will support resilience amongst the SME market in Ukraine. IFC expects that the Project will generate changes in the SME market by demonstrating that, when approached with the right strategies, tools, and models, SMEs can be a commercially attractive and a viable asset class.
Euroleasing SME LLC Euro Leasing was established in 2004 by a large local car dealer/ manufacturer Atoll Holding. Today Euro Leasing provides a full range of transport leasing services, including additional products which provide entire cycle of fleet management, including vehicles registration, insurance, daily fuel monitoring, damage control, fleet management, GPRS location, etc. Euro Leasing operates five regional representative offices in major Ukrainian cities, works with 150 car service stations throughout Ukraine.

The Companys market share approximates 13%, and it is one of the two serviced leasing providers in Ukraine. The Company leases passenger cars, commercial vehicles (trucks), buses and specialized transport (loaders, tractors and combines) of leading international brands. The client base of the Company includes international clients, as well as large local companies and SMEs. Today, SMEs account for approximately 72% of Companys clients by quantity and for 47% by total fleet.

The proposed transaction fits well into IFCs financial markets strategy in Ukraine. Euro Leasing is one of the leading leasing companies in the country dedicated to both, corporate and SME sectors. It also has substantial exposure to agricultural industry. With this Project, IFC is looking to provide an access to finance for local SMEs, including those engaged in the agricultural sector. IFC development impact in Euroleasing investment will be measured according to the following indicators:

i) increased reach an improved access to leasing services for SME's and agricultural clients;
ii) introduction of innovative leasing products for agri-clients; 
iii) support a leading independent player through an equity investment and long-term funding.
MHP Ukraine The project is to assist Myronivsky Hliboproduct (MHP or the Company), a vertically integrated and the leading poultry producer in Ukraine, in expanding its operations.  In line with its strategy of vertical integration, the Company plans to strengthen its grain growing segment by cultivating up to an additional 120,000 ha of land which will result in the need for new agricultural machinery. The primary beneficiaries of the project will be its financiers (through higher incomes).  There are specific developmental impacts associated with the investment which are summarized below:

SME Development: MHP supports a network of 2,256 entrepreneur franchise SMEs that sell the Company's products.  Most of these SME are owned and operated by women, often in underserved rural locations, so these enterprises have a significant economic presence. Under the terms of the franchising agreement, the Company provides basic training for the franchisees, a consistent supply of poultry products as well as advertising and promotional support. 

Employment:  The Company currently employs 20,579 workers in total, 8,535 of which are female.  As a result of the investment program employment is expected to increase by an additional 7,000 workers.  

Environmental and Social Standards: As part of the MHP's previous investments with IFC, it undertook extensive efforts to meet terms of the previous Environmental and Social Action Plan (ESAP).  The Company has continued to grow rapidly and needs to formalize its Environment and Social Monitoring System (ESMS) to meet the needs of a larger, more extensive enterprise.
Astarta 2015 Working Capital Loan The Project will support LLC Astarta-Kyiv (the Company or Astarta), a leading primary agriculture producer in Ukraine with 245,000 ha of land under cultivation.    Astartas principal activities include (i) production of sugar beet and white sugar, (ii) production of other crops including wheat, barley, corn, sunflower, and soya, (iii) soybean processing, and (iv) cattle farming. The Company owns and operates 9 sugar plants, soybean processing plant, bioenergy complex, and chain of grain silos and supporting infrastructure facilities in 4 operational regions in Ukraine.  The Project will help Astarta secure working capital financing to buildup soybeans stocks during the harvest season, when the availability of soybeans from local farmers is at peak and the prices are normally the lowest, thus allowing the Company to achieve sustainable supply raw material for processing and limit its crushing margin volatility. The project is to support the growth and diversification of one of the leading farm enterprises in Ukraine, engaged in the production of crops, sugar, soy products and milk. IFC Loan will help Astarta secure adequate soybean stocks at its processing plant throughout the crushing season.  Also, the IFC financing will inject additional liquidity into the Ukrainian agri sector and indirectly to multiple farmers who sell their soybeans to Astarta. This program will contribute to the growth of the Ukrainian economy, to global food security by increasing production of key crops exported from Ukraine, while supporting direct and indirect employment in rural areas where alternative job opportunities remain scarce.
ALD Automotive Ukraine In the context of the Joint IFI Action Plan for Central and Eastern Europe (CEE), Societe Generale (SocGen), which is the French bank with the largest exposure in the CEE region, has approached IFC to provide an investment package to some of its subsidiaries in the region.

The proposed Project consists of a senior loan to ALD Automotive Ukraine (ALD Automotive or the Company), fully owned by ALD International, a leasing subsidiary of Societe Generale Group. 

The purpose of the loan is to facilitate projected business growth of the Company in the face of the economic recovery in Ukraine. The Development Impact is expected to be strong in terms of (i) instill confidence in Ukrainian leasing sector via providing long-term funding to the leasing company in Ukraine and (ii) enable the Company to expand its client network.