Financed ProjectsKalina

Identification Code:

OP/02/0360

Total Operation Cost:

0

Maturity:

84 months

Operation Status:

Description and Purpose of the Operation:

The operation involves the provision of a corporate loan to JSC CONCERN KALINA to support the company's investment programme, which includes modernization of production facilities, research and development, as well as promotion of new brands.

Countries of Operation:

Russia (100,00 %)

Financial Product:

Loans

Sector:

Consumer Staples

Domain:

Private

Borrower/Client:

JSC Concern Kalina is the largest Russia manufacture of cosmetics and hygiene products.

Co-Financiers/Participants:

Guarantors/Sponsors:

Developmental and Regional Cooperation Impact:

Expected developmental impact include: - Creation of new job opportunities - Expansion of exports to BSTDB member countries. - Creation of news sources of tax revenue for the Russian authorities.

Environmental Classification and Impact (summary):

Enviromental Impact

Operation Leader:

General Industries, Transport, Tourism 1

E-mail:

gitt1@bstdb.org