IFC’s partnership with Sandora, a rising Ukrainian agribusiness company, shows how much a combination of investment and technical assistance can do to build a local firm’s competitiveness and development impact.
Ukraine Makes Landmark Improvements to Regulatory Regime with IFC Support
When Serhiy Averchenko came to the town of Chernigov, Ukraine in the early 1990s, it was with his wife and two young children in tow, a car, $300 in his pocket and ....
In the 2010 fiscal year IFC provided $75 million in long-term financing to Mriya, Ukraine’s seventh-largest agricultural producer, to help it double production of wheat and other agricultural commodities.
IFC Helps Ukraine Ease Regulatory Burden on Manufacturers
Ukraine’s new Law on Market Surveillance, adopted with IFC’s advice, introduces EU-style regulation that frees manufacturers from excessive state inspections, decreasing their.......
IFC Helps Ukraine Provide Agricultural Insurance to Farmers
March 7, 2010 -- Leading insurers of Ukraine, supported by IFC, established the Agri-Insurance Bureau-- a pool of insurance companies that join their resources to provide quality insurance services to farmers and improve their access to....
Ukraine became a member of IFC in 1993. IFC began operating in Ukraine by pioneering advisory projects in privatization and land reform. This helped create a base for the private sector, with support from such governments as Canada, Japan, Norway, Sweden, the United Kingdom, and the United States.
Our work in the 1990s helped establish 60,000 small businesses and create 700,000 new jobs. We also helped the government draft and adopt the first land code, introducing private land ownership rights in the country.
IFC Strategy in Ukraine
Through a combination of investment and advisory services we continue to partner with clients in strategic sectors crucial for Ukraine’s sustainable development, and with a particular focus on agribusiness, infrastructure, energy efficiency/cleaner production, and financial markets. We will continue to seek new opportunities to partner with companies in these key sectors in order to achieve the maximum development impact on Ukraine's long-term economic growth.
Our investment operations in Ukraine have expanded rapidly over the last few years, with annual commitments from less than $50 million in FY 2004 to about $247 million in FY 2010. Helping Ukrainian companies become market leaders and global players, IFC has invested over $1.5 billion in more than 50 projects in such sectors as agribusiness, financial markets, construction materials, retail trade and services, energy, and infrastructure.
Details of projects currently in progress can be found in IFC Disclosure and using Project Mapping. For completed projects see press releases below or visit the media center.