A US$ 30 million (€25 million equivalent) loan to Ukrainian pig farming company Nyva Pereyaslavschyny (Nyva) will finance the expansion of its pig-breeding operations, meat-processing facilities and grain storage, along with new land purchases and the acquisition of state-of–the-art agricultural machinery.
As well as promoting the use of modern farming practices in Ukraine, the investment will support Nyva’s adoption of EU animal welfare standards across all of its pig breeding facilities, far exceeding the requirements of Ukrainian law. This will enable Nyva to become a national benchmark for animal welfare and environmental standards.
An associated technical cooperation project, conducted jointly with the Food and Agriculture Organization (FAO) of the United Nations and funded by Japan, aims to reduce the possibility of an outbreak of African swine fever, which has affected Russia and the Caucasus region in recent years and threatens to spread to Ukraine. The project will improve government response mechanisms, raise awareness among smallholders and vets and conduct a simulation exercise to verify skills within the private and public sectors.