Financed ProjectsTRANSOIL DEDICATED TF LINE, MOLDOVA

Identification Code:

OP/22/0014

Total Operation Cost:

0

Maturity:

12 months

Operation Status:

Description and Purpose of the Operation:

Countries of Operation:

Moldova (100,00 %)

Financial Product:

Trade Finance

Sector:

Consumer Staples

Domain:

Private

Borrower/Client:

TransOil has created a unique and integrated system of sourcing, processing, storing and transportation of commodities. As of today, TransOil is the largest buyer and exporter of grain and oilseeds of Moldova. The Group operates 16 storage facilities all over the country with a capacity to store over 750 thousand tons of oil at a time, 3 edible oil production plants in Balti, Ceadir-Lunga and Giurgiulesti. It also owns 2 grain terminals and a sunflower oil terminal in Giurgiulesti port, as well as a number of agricultural, processing, transport and infrastructure enterprises in nearby countries Romania and Serbia.

Co-Financiers/Participants:

n/a

Guarantors/Sponsors:

Aragvi Holding International Ltd., Cyprus, (the “Parent”) and Danube Oil Company SRL, a limited liability company organized and existing under the laws of Moldova (“Danube Oil”).

Developmental and Regional Cooperation Impact:

The Operation would support working capital needs of the Group and help financing further export development mainly from Moldova but also Ukraine.

Environmental Classification and Impact (summary):

The E&S due diligence in conjunction with the information obtained through the annual monitoring reports conclude that Trans-Oil Group and its activities are generally in compliance with the environmental, labor and health and safety laws and regulations and that the Group’s E&S performance is adequate.

Operation Leader:

General Industries, Transport, Tourism 1

E-mail:

gitt1@bstdb.org