Kaluga Industrial Park Loan & Equity
Russia | Real Estate- Identification Code:
- OP/09/0762
- Total Operation Cost:
- 22.490.000 EUR
- Maturity:
- 132 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date8.550.000 EUR – 16 Apr 2010
-
BSTDB Signed Amount – Signed Date-407.971 EUR – 22 Jun 20121.800.000 EUR – 25 Aug 20106.750.000 EUR – 22 Jun 2010
-
Status:Completed
- Description and Purpose of the Operation:
- Provision of senior debt and equity financing to OOO "A-Park" - a Project Company established for the purpose of construction and operation of an international standard warehouse and office complex in Kaluga Region, Russia.
- Countries of Operation:
- Russia (100,00%)
- Financial Product:
- Loans,Equity Investments
- Sector:
- Real Estate
- Domain:
- Private
- Borrower/Client:
- JSC Kulon Yugros is the Project Company established in Russia. The Borrower is owned by Lifetime Edem Ltd, KRDC, EBRD & BSTDB.
- Co-Financers/Participants:
- EBRD
- Guarantors/Sponsors:
- Aldama Ltd and KRDC
- Developmental and Regional Cooperation Impact:
- The Operation promotes cooperation between BSTDB countries - since it is designed to improve warehousing and handling infrastructure supporting trade and increasing the commercial activities between these countries. It will also contribute to enhancement of the competition in the market bringing benefit to the clients and finally it will support the creation of new jobs.
- Environmental Classification and Impact:
- Screened as category B. Environmental Assessment concludes that Environmental, Health and Safety (EH&S) impacts associated with the project are minimal, site specific and can be readily mitigated. The project was developed and is being implemented in line with relevant national legislation with regard to building norms, fire safety, energy efficiency and environmental protection.
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026