PROJECT

Projects

Environmental Review Summary

Project Number

24638

Company Name

Eurosib Group

Date ERS Disclosed

Dec 27, 2005

Country

Russian Federation

Region

Europe

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 22, 2006
Signed : Jun 22, 2006
Invested : Jul 14, 2006

Sector

Storage (Including Agricultural Products)

Industry

other

Department

Regional Industry INF LAC & EUR

Project Description

Eurosib group of companies (Eurosib of the Group) based in Saint Petersburg, offers transportation and logistics services to shippers of coal, steel, fertilizers, paper, lumber, containerized and other cargo within Russia and the former Soviet Union. With extensive rail transport operations throughout Russia, Eurosib’s main business is the operation of owned and leased rolling stock for the transportation of bulk goods and the provision of freight forwarding and logistics services.

The proposed investment would finance a part of the Group’s corporate investment program comprising the construction and operation of a network of six inland container-handling logistics terminals throughout Russia: St. Petersburg, Moscow, Zabaikalsk, Yekaterinburg, and Novosibirsk. This investment program is expected to be completed in 2008.

Environmental and Social

Conclusion & Monitoring