PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

610010

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Apr 23, 2026

Country

Ukraine

Region

Europe

IFC Approval Date

Sep 23, 2025

Status

Active

Estimated Total Budget

$950,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 23, 2026

Project Estimated Start Date

Sep 15, 2025

Project Estimated End Date

Jun 30, 2027

Client Legal Name

Novasklo LLC

Project Description

IFC, in partnership with Japan, is supporting NovaSklo LLC to develop a €250 million state of the art float glass plant 25 km from Kyiv. The facility will produce clear, extra clear, and energy efficient coated and tempered glass, with a daily capacity of 800 tons. Strategically located in a well established industrial zone, the plant will supply Ukraine’s construction and glass processing sectors and target exports. Construction is planned to start in late 2026 and commissioning in late 2028. IFC is providing advisory and capacity building assistance to NovaSklo including (i) feasibility analysis and risk assessment (ii) E&S gap analysis (iii) project finance financial modeling and (iv) corporate governance, to identify and address barriers to the Glass Project’s development. These activities are aimed at enhancing the bankability of the project to successfully raise long-term financing for the project's development.

Development Results

E&S Risks / Impacts and Mitigation