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Raiffeisen Bank International | Sustainability Report 2017
GRI content index / Assurance statement Engaged citizen Fair partner Responsible banker Sustainability management Overview Foreword
Eastern Europe (EE)
In 2017, AO Raiffeisenbank in Russia can point to a project of major importance for the health and social system,
as it has financed the entire production line as part of the construction of a new insulin production facility. Their
production capacity is sufficient to cover almost half of Russian insulin needs. Another substantial investment
financing was used to finance the renewal and modernization of water treatment plants belonging to a group
involved in the water supply and sanitation of seven Russian cities. In addition, a guarantee was provided for a
project involving waste transport in Saransk and various other small districts in the Republic of Mordovia. The
entire sustainable property portfolio in 2017 amounted to around € 59.1 million.
In Ukraine, Raiffeisen Bank Aval JSC offers “partnership programs” that help small and medium-sized enterprises
gain access to cheap financing for the purchase of agricultural raw materials and supplies. This contributes to
the development of the Ukrainian economy and thereby supports improved prosperity in many areas. Raiffeisen
Bank Aval JSC can point to a growing financing portfolio in the field of energy-efficient projects of more than
€ 30 million. Recent financing trends highlight high-performance technologies, facility modernization and energyefficient
buildings. Clean transportation and renewable energy are seen as an important challenge to overcome.
The Energy Efficiency Financial Program is an investment finance facility aimed at private Ukrainian companies
from all sectors of the economy who wish to invest in energy efficient projects or renewable energy projects. The
essential points are:
- Energy efficiency of the Ukrainian economy
- Infrastructure for supply and waste management in structurally weak areas
- Optimization of the business processes of borrowers
- Training and access to new technologies and knowledge through energy audits
- Support for the development of social strategies
- Strengthening fair competition
- Protection of nature through waste and emission reduction
With regard to renewable energies, a loan agreement with the holding company Gal-Agro was signed in
October 2017 as part of the financing program of the bank for renewable energy. The loan will be used for the
construction and commissioning of three biogas plants in the regions of Chernihiv and Kiev with a total capacity
of 6 MW.