The International Finance Corporation (IFC) would provide a long-term loan of up to $30 million to Ukrainian agroholding Astarta. According to a posting on the website of the IFC, the decision was made by the IFC Board on March 23. This program aims to improve resource efficiency at the company’tiss processing facilities through the implementation of Best Available Technology (BAT) that is technology for limiting pollutant discharges; and at improving farming and trading of grains and oilseeds through financing of farming equipment and storage facilities.
The IFC said that this will be the fourth program of cooperation with Astarta, starting from 2012. Astarta is a vertically integrated agro-industrial holding operating in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, Chernihiv, Cherkasy and Kharkiv regions.
