PROJECT

Projects

Summary of Proposed Investment

Project Number

21422

Company Name

SEVTEKHNOTRANS, OOO

Date SPI Disclosed

Nov 14, 2003

Country

Russian Federation

Industry

Infrastructure

Projected Board Date

Dec 22, 2003

Status

Completed

Sector

Rail Transportation

Department

Gbl Infrastructure & Natural Resources

Environmental Category

B - Limited

Previous Events

Approved : Jan 28, 2004
Signed : Mar 24, 2004
Invested : Jul 7, 2004

Project Description

The project companies, Severstaltrans, Balttransservice, and Sevtechnotrans, belong to the Severstaltrans Group, one of the largest private transportation groups in Russia. The project involves corporate loans in total amount of $40 million to the project companies to help them expand their fleet of tank cars and acquire new locomotives.

Sponsor / Cost / Location

Development Impact