Eurosibtrans is an existing private group of companies with over 3,000 owned rail freight wagons and 10 years of experience in railroad operations and freight forwarding in Russia. The group is entirely owned by Raval Holding GmbH, a privately owned holding company incorporated in Austria. Eurosibtrans is one of the leading railroad operators and freight forwarders in Russia.

The total cost of Eurosibtrans’ current investment program is $62 million. The IFC will provide loans of $30 million. The balance will be financed with equity funds and debt financing from local financial institutions.

30.0 million (USD)

Product Line	IFC Investment (million USD)
Risk Management
Guarantee
Loan	30.0
Equity

* These investment figures are indicative

Eurosibtrans is headquartered in Saint Petersburg, Russia. The group’s rail operations are primarily focused on North-Western Russia. Eurosibtrans has a number of representative offices throughout the Russia and some neighboring countries.

This project is expected to contribute to the development of additional rail freight capacity in Russia. IFC’s investment alongside an established Russian transportation and freight forwarding company will provide financing and credibility to an industry that will play a key role in removing bottlenecks to Russian economic growth in the coming decade. In the past, shippers in Russia relied on state owned rolling stock for rail transport. The IFC funds will support the investment in new rolling stock by a privately owned company. The project will provide funds to an entity that operates outside the oil and gas sector and supports Russian exports of non-oil products. Eurosibtrans is co-operating with international freight forwarding and logistics companies which help to build up significant knowledge in efficient supply chain management in the paper and metals industries as well as for oversized cargoes.

This is a Category B project according to IFC’s Procedure for Environmental and Social Review of Projects because a limited number of specific environmental impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. The review of this project consisted of appraising technical and environmental information submitted by the project sponsor. The following potential environment, health and safety impacts of the project were analyzed:

- Hazardous materials management;
- Emergency preparedness and response;
- Railway wagon maintenance waste management;
- Employee health and safety; and
- Timber shipping and sustainable forestry.
Location of environmental documents in locally affected community
Copies of environmental disclosure documents for the project will be made available at Eurosibtrans’ administrative office: Eurosib SPb CJSC 4 Michurinskaya St. St. Petersburg, 197046, Russia