PROJECT

Projects

Summary of Investment Information

Project Number

34474

Company Name

Aragvi Holding International Limited

Date SPI Disclosed

May 2, 2014

Country

Moldova

Region

Europe

Projected Board Date

Jun 2, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Jul 1, 2014
Signed : Jul 9, 2014
Invested : Jul 17, 2014

Sector

Commercial Banking - Trade and Supply Chain

Project Description

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 Group’s commodities purchases, storage and processing for the 2014–2015 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

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation