The project sponsor is Troyen Ltd, a private Cyprus-based company, involved in the import, distribution and production of meat products in Russia.

The total project cost is estimated at around $57 million. The proposed IFC investment is a US$20 million equivalent A loan for IFC’s own account.

20.0 million (USD)

Product Line	IFC Investment (million USD)
Risk Management
Guarantee
Loan	20.0
Equity

* These investment figures are indicative

The project will be located in the Domodedovo district, to the south-east of Moscow, about 11 km from the Moscow MKAD, on an industrial site with access to highways for long-haul trucks and for smaller intra-Moscow vehicles as well as to railroad tracks which the company will extend to the warehouse.

The project will have a demonstration impact by setting a new industry benchmark for quality warehouse and distribution operations in Russia. It will benefit its clients through a lower cost and higher quality service, as well as to the Government which will receive taxes from a profitable enterprise. IFC’s role is to provide long-term financing on a project finance basis to a local medium-size enterprise that is rapidly evolving from trading of meat products into integrated trading, distribution, production and processing of such products.

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 and social 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 and social information submitted by the project sponsor. The following potential environment, health and safety and social impacts of the projects were analyzed.

- Land acquisition and planning procedures;
- Emissions to air and water;
- Solid and hazardous materials management;
- Occupational health and safety, including fire protection and emergency response;
- Environmental, Health and Safety and Social Management Systems.

The identified potential environmental, social and health and safety impacts which require ameliorative activities are summarized in an Environmental Action Plan (EAP) that Trio Invest will implement as part of IFC’s Loan Agreement. Upon successful implementation of the agreed mitigation measures, the proposed Project will meet Russian laws and regulations as well as the applicable World Bank/IFC environmental, social and health and safety policies and guidelines.
Location of environmental documents in locally affected community
Environmental documentation, as advertised in the Prizvy newspaper on 1/31/06, will be available at the following address: Moscow region, Domodedovo city, Stancionnaya str, 1, Russian Federation.