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Home | Projects | Kaluga Industrial Park Loan & Equity

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 Date
8.550.000 EUR – 16 Apr 2010
BSTDB Signed Amount – Signed Date
-407.971 EUR – 22 Jun 2012
1.800.000 EUR – 25 Aug 2010
6.750.000 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

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