devinitorg/iati-policy-markers huggingface dataset:
INCON Project Summary Of Project Information (SPI)       Project Name    Moldova - INCON Fruit and Vegetable Processing Project               Region    Europe        Sector       Project No007574   Projected Board DateDecember 3, 1996   Company NameINCON Joint Stock Company   Technical Partner and/or Major Shareholders    	Major shareholders are the three processing plants Kupchin JSC, Ungheni JSC, and Floresti JSC.  These plants in turn are owned by farms/suppliers, employees and holders of privatization vouchers.    Project Cost Including proposed IFC investment    	US$22.6 million, with an IFC loan of US$8.0 million and an IFC equity participation of US$2.0 million.    Location of project and Description of site    	The three plants are located in different rural townships in north-west Moldova at distances of between 80 and 200 km from the capital Chisinau.    Description of Company and Purpose of Project    	INCON is a successful export marketing and service company created in 1992 by a group of Moldovan fruit and vegetable processing plants following the collapse of the former Soviet Union and the disintegration of economic links.   The project is a major stage in the consolidation of the sector by assisting INCON to transform into a partial holding company and bringing the facilities of three processing plants, ranking among the more successful agribusiness enterprises in Moldova, in line with western standards.  Excellent Black soils and a moderate climate give Moldova a major comparative advantage in growing fruit and vegetables. A sustainable and competitive processing industry is thus of national importance.  The project will be IFCs first investment in Moldova.  IFCs main role is to give strong support to the post-privatization process.  IFC has advised on an adequate financial structure and a corporate restructuring to develop a sustainable and competitive group of companies.     Environmental Category and Issues    	This is a category B project according to IFCs environmental review procedure.  Environmental, occupational health and safety issues include air emissions, liquid effluents, solid waste recycling and disposal, general health and safety, and safe use of pesticides and preservatives.  The sponsor is upgrading the plant to comply with the relevant World Bank policies and guidelines.  Air emissions will be met by using appropriate control devices, while the liquid effluents will be treated by the use of solid removal filters.  Solid waste will be sold to local farmers for use as animal feedstock and glass will be recycled. Employees will be provided with personal protective equipment and will have medical services available.     The  is  from the Public Information Center.       Date SPI sent to PIC     November 1, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Moldindconbank 2 The project is to provide a second long-term loan of up to $4.0 million to Moldindconbank S.A. (MIB), Moldovas fourth-largest bank, enabling expansion of lending operations to local small and medium-scale enterprises (SMEs).   MIB is currently the fourth-largest bank in Moldova both by capitalization and by assets, with about 11.0% of total banking system assets (December 2002: MIB total assets of  $61.6 million equivalent; gross loan portfolio of $39.4 million equivalent; PAR>30 days, 3.6%; total equity of $10.2 million equivalent).  With the exception of IBRD/IDA directed credit lines for agricultural sector lending, and the existing IFC credit line (currently being amortized), short-term deposits are MIBs main source of funding.  IFC can play an important developmental role by providing MIB with additional term resources for on-lending to SMEs, thereby strengthening the banks balance sheet and long term financial position.
Mobiasbank Project Mobiasbanca (or the Bank) was founded in 1990 as a private financial institution.  Today, Mobiasbanca is the sixth largest commercial bank in Moldova with over 7% of banking sector assets and almost 8% of loan portfolio.  Having main business and strong background in corporate lending, Mobiasbanca has also recently focused on SME and consumer lending.  The project is a six-year $5 million senior loan from IFC to enable Mobiasbanca to provide medium-term loans to private Moldovan small and medium enterprises (SMEs) and to the retail sector.  The project will enable IFC to support a profitable bank in Moldova to diversify its funding sources and to meet the increasing financing needs of SMEs, a key source of growth and employment in Moldova.
UF Moldova Distribution Company The project involves making a $25 million loan on IFC''s own account to three electricity distribution companies in Moldova.  These companies were privatized in early 2000 and UFACEX was selected as the new owner as a result of an international competitive tender process. The Government of Moldova has made the reform of the power sector a high priority. The basis for the reform is a new energy law that came into effect in 1999. The law sets the stage for the transformation of the sector from a vertically integrated structure into an unbundled structure with various private generators and distributors. The transmission system is expected to remain in government hands. The sector will be regulated by an independent entity that was set up in 1999 under the guidance of the World Bank.    The project involves:  (a) rehabilitating existing fixed assets to increase reliability and reduce technical losses; (b) improving billing, metering and internal control systems to increase collections and reduce non-technical losses; and (c) providing working capital requirements.  The project includes the capital investment programs of the borrowers. The total estimated project cost is $132 million over a five year period, of which $78 million is for the five-year investment program and the remaining $54 million is for working capital and other financing requirements. IFC and the European Bank for Reconstruction and Development (EBRD) plan to finance $25 million each with the balance provided by the borrowers and UFACEX. Thereby, IFC and EBRD are providing long-term financing currently unavailable in Moldova due to the transitional nature of the economy while, also, encouraging much needed foreign direct investment in Moldova.    The projects beneficial impacts are:    (i)	Better cost efficiency due to a significant reduction in technical and commercial electricity loss;   (ii)	Improved service to the consumer as a result of a reduction in supply outages; and   (iii)	A beneficial impact on the balance of payments as the need for electricity imports is reduced due to reduction in losses.
Eximbank Moldova B.C. Eximbank  Gruppo Veneto Banca S.A. (Eximbank or the Bank) was established in the Republic of Moldova in 1994.  On May 15, 2006 the Bank became a member of Veneto Banca Group following its acquisition by Veneto Banca s.c.p.a. (Italy).  Today the Bank services its client through a network of 20 branches and 18 representative offices located throughout the Republic of Moldova.

The proposed IFC investment is consisting of a senior loan of up to EUR20 million with a proposed maturity of up to 5 years, for further on-lending to SMEs, to Eximbank.  In the given market environment, IFC is supporting Eximbank with long term financing, sustaining Banks efforts in offering high quality financial services to SME sector, which has a high growth potential. By supporting Eximbank, IFC would increase access to finance for Moldavian enterprises and support economic activity and job creation. IFC investment would help banking sector sustain trust, during a difficult period.
Bostavan Project Bostovan Wineries Limited (BWL or the company) is a leading Moldovan wine producer headquartered in Chisinau, Moldova.  The companys main business operation is production of wines in Moldova and Romania.  

The companys Moldovan operations suffered significantly from the ban in March 2006 on exports to Russia, which accounted for 75-80% of the company sales.  The company is undertaking an investment program to upgrade and expand its wineries as part of its strategic plans to diversify its markets and reduce reliance on the Russian market. The project is expected to have the following development impacts: 

- Rehabilitating key production assets in Moldovas wine industry, a major contributor to the countrys GDP.
- Expanding linkages to farmers and other input suppliers and SMEs (transporters, distributors, retailers).
- Create jobs directly and indirectly and improve living standards of employees within the companies and along the supply chain.
- Enhance product safety and affordability by implementing international best practice and certifications.
- Contribute to Government revenues through additional income and excise taxes
BOP MAIB MSME Loan The proposed investment consists of a 4-year senior loan of up to $30.8 million for IFCs own account to be disbursed in EUR and $ to Moldova Agroindbank (MAIB or the Bank) under IFCs COVID-19 Base of the Pyramid Program (BOP Program). IFCs loan will be used to increase access to finance for micro, small and medium enterprises (MSMEs) in Moldova with 50% of the proceeds earmarked for on-lending to women-owned MSMEs (WMSMEs).   Proposed investment will be accompanied by a $5 million trade finance facility under IFCs Global Trade Finance Program (GTFP) to support cross border trade financing for local exporters/importers. The most significant expected project-level outcome for the project is access to finance for MSMEs including WSMEs to support economic activity and resilience in the aftermath of the COVID-19 crisis. Beyond the project outcome, IFC anticipates that the Project will support resilience amongst Base of Pyramid (BOP) finance providers catalyzing investments in the sector by demonstrating the viability of lending to BOP providers and crowding in other sources of international and domestic finance in support of these lenders.
Fincombank II It is proposed that IFC provide a credit line of up to $1.5 million to Finance and Trade Bank (Banca de Finante si Commert or Fincombank) for the purpose of on-lending to finance eligible sub-projects by way of sub-loans to eligible sub-borrowers.  Fincombank, previously state-owned, was privatized in 1993 and became one of Moldova's first private commercial banks.  Today, Fincombank provides a range of banking services to Moldovan businesses, primarily small and medium-sized businesses, through its 20 branch offices (six in Chisinau).  Fincombank has 166 employees and over 9,600 clients.
UF Moldova Project RED Union Fenosa (the Company or UF Moldova), the largest electricity distribution company in Moldova, combining the operations of three distribution companies privatized in 2000 and merged into it in January 2008, is seeking financing to fund its Investment Plan of approximately US$40 million to be implemented in 2009-2010 (the Project).  The Project is designed to (i) rehabilitate and rationalize the existing network and substations; (ii) increase operational efficiencies; (iii) reduce technical and non-technical losses; (iv) increase productivity gains with investments in information technology; and (v) improve the safety and security of the installations.    IFCs financing will be in the form of a corporate loan to UF Moldova to support its Investment Plan. This is a repeat business with the Company. The proposed Project seeks to support the improvement of living conditions of the population through the provision of efficient and reliable electricity to households, potable water systems, health clinics, schools and businesses.  It will also contribute to increase the safety of the Companys installations and to the reduction of accidents. Given the risk perception associated with investing in Moldova, foreign investment in the country and private financing are scarce.  Since 2000, the Company is one of the largest foreign investments in the country. Therefore, IFCs new financing to the Company to support its new capital investment needs is expected to have a strong positive demonstration effect and to pave the way for further foreign direct investment in the country.The Project is expected to generate additional indirect benefits such as improvements in education, health, communication and productivity.
Moldovan Banks Credit Line The three banks are relatively small, well-managed private banks oriented to lending to the small and medium enterprise (SME) sector. All three banks will receive a broad technical assistance (TA) from a first class Dutch bank, and IFC credit lines. The TA will strengthen their banking skills and term lending expertise. By providing credit lines to local banks to be on-lent to private SMEs,   IFC will support the Moldovan SME sector. In this sense, IFC will   facilitate the growing local base of entrepreneurs'' access to term financing, which is scarce in Moldova. IFC has brought a reputable Western bank into the project to provide TA to the banks, with a view to transforming them into sustainable, competitive financial institutions. The ultimate goal of the project is to help create sustainable banks and creditworthy private enterprises, which could eventually become attractive investment opportunities for foreign investors.
MAIB SME Project The proposed IFC investment is consisting of an up to 5-year senior loan of up to $15 million for further on-lending to SMEs to Moldova Agroindbank S.A. (MAIB or the Bank).     In the given market environment, IFC is supporting MAIB with long term financing, sustaining Banks efforts in offering high quality financial services to SME sector, which has a high growth potential.  Furthermore, the Bank is the market leader in terms of lending and it is recognized as an important player in SME financing. The Banks strategy for the next 1-2 years is to focus on strengthening its presence on the SME market and on development of the retail business. The bank intends to maintain and increase the customer basis, including through support of new enterprises and development of existing companies from SME sector. Therefore, MAIB is seeking a senior loan to support the Banks ongoing lending program to SMEs. By supporting MAIB, IFC will indirectly help Moldavian enterprises and support economic activity, job protection and creation. IFC investment would help banking sector sustain its recently built trust, during a difficult period.
Trans-Oil Project The Trans-Oil group of companies (T-O), a leading integrated agro-industrial group focused on grain origination trading and oilseed crushing in Moldova, is seeking financing to support (i) its capital expenditure program, including capacity expansion, energy efficiency investments and environmental upgrades; (ii) its acquisition of five additional elevators and an 87% stake in Moldovas leading oilseed processor, Floarea Soarelui (FS, and together with T-O, the Group); and (iii) refinancing of short term debt to strengthen its capital structure (collectively, the Project). The expected development impact includes the following: (i) improve efficiencies of under-performing acquisition assets; (ii) support the competitiveness of a leading Group operating in a key sector to Moldova''s economy; (iii) realize benefits to local farmers in the form of integrating farmers with higher value added domestic and international markets and increased access to finance for farmers; (iv)  encourage local and regional companies to consider investments in Moldova by demonstrating a successful test case; and (v) job preservation and increased tax revenues.
GC Prim Moldova Located in Chisinau, Moldova, Glass Container Prim S.A. (GC Prim or the Company) is an early-stage flint glass investment, which was established as the sister company of the leading Moldovan glass packaging producer, Glass Container Company (GCC).  While GCC specializes in the production of colored glass packaging products, in light of the historical demand observed by the GCC management for flint (i.e. transparent) glass packaging products, and due to increased customer focus on quality, two of GCCs largest shareholders decided to launch a new investment in the high-quality flint glass segment under a new legal entity, that became GC Prim.  Construction process of GC Prim was finalized in May 2010, when GC Prim opened the new glass plant with a total capacity of 65,000 tones of finished goods per annum (rough equivalent of 130 million bottles).   At this juncture, during the ramp-up stage of operations, additional financial resources are needed for GC Prim in order to strengthen the capital structure of the Company, to refinance part of its existing loans, to provide working capital and to fund capital expenditure requirements of the Company (the Project). By providing financial support to GC Prim, IFC directly supports:     -	the retention of jobs for local staff in an IDA country with limited alternative employment prospects;   -	a sustainable local glass packaging industry player to continue its operations in a financially sustainable manner, that would also have positive effect on the beverage production sector in Moldova;   -	the competitiveness of a successful exporter in an IDA country.    Furthermore, by facilitating the partial reduction of the outstanding MAIB loan by proposed USD 5 million, IFC would enable MAIB to:       -	comply with the recently tightened single-client exposure limitations of the Central Bank of Moldova;   -	free-up additional capital to be redeployed domestically to a broader base of borrowers, including many SMEs.
GTST transoil IFC is considering investing in a one year pre-export facility for the Trans-Oil group of companies (the Group), a leading integrated agro-industrial group focused on grain origination, trading and oilseed crushing in Moldova. The facility will support the Groups commodities purchases, storage and processing for the 20142015 harvest season for sale to export markets (the Project).  IFC is currently financing the Group through a long term loan used for capital expansion and investments. The facility may be renewed, and IFC may extend its investment, on an annual basis for two more years after the first-year investment The development impact of the Project is expected to include  (i) increased access to finance for a leading agricultural player operating in a key sector of the Moldovan economy, (ii) support of the Group''s growth and generation of higher export revenues, a major source of export income in Moldova, (iii) increased farmers reach by providing a sizable and stable source of financing for the Group''s purchase of commodities from mainly small and medium-sized farmers, and (iv) job preservation and increased tax revenues.
Strengthening Civil Courage – Partnership The Strengthening Civil Courage programme builds on hope, the hope that emanates from the emerging citizens protest movements that reflect civil courage and the inexhaustible and universal desire for peace and fundamental rights. All over the world, people stand up, organize themselves and raise their voices, despite many challenges and obstacles. Democracy and pluralism are under assault in many countries, political violence is rising, violence against women continues, civic space is under attack, arms trade is flourishing, conflicts affect environments and climate change aggravates inequality and strife. The Strengthening Civil Courage Alliance intends to stand with these courageous people and support them. The Alliance consists of ABAAD – Resource Center for Gender Equality, Amnesty International The Netherlands, DefendDefenders and PAX. The programme aspires to contribute to more equal power relations for realising inclusive peace and justice. Together with its in-country partner networks, it will defend and increase civic space, transform (local) conflicts, protect human rights, pursue gender equality and work on mitigation of external stress factors like illegal arms trade and unresponsible business conduct. The alliance works primarily with civil society organisations in the programme countries, victim groups, (women) human rights defenders, local communities, traditional and religious leaders with a special focus on supporting youth and female leadership. The Strengthening Civil Courage Programme consists of 11 country programmes in Africa and the Middle East, a regional programme in the Sahel and a programme at international level. Country and regional programmes are published as separate IATI activities as well.
Strengthening Civil Courage – Syria After more than ten years of war Syrian civil society is fragmented, both inside and outside Syria. At the same time political processes related to the future of Syria and processes that intend to pursue justice and accountability are internationally dominated and lack meaningful participation of Syrian citizens. The programme aims to support Syrian civil society – outside of Syria – to develop into an inclusive and non-violent peace movement that takes an active role in transitional processes and in promoting peace in Syria. On one hand it provides civil society organisations (CSOs) with support to develop their non-violent strategising skills, their advocacy skills and their ability to build connections and bridges with various actors and communities within Syrian Civil Society at large. On the other hand it facilitates access to relevant in country authorities and international fora, so that concerns and interests of civilians will be heard in political and transitional processes. The programme primarily works with Syrian Civil Society and with and for victims and survivors of human rights violations, with a special focus on women and youth. The activity is part of a larger programme implemented by the Strengthening Civil Courage Alliance, consisting of ABAAD – Resource Center for Gender Equality, Amnesty International The Netherlands, DefendDefenders, PAX and their partner networks.