Vyksa Plate Mill
Russia | Materials- Identification Code:
- OP/09/0763
- Total Operation Cost:
- 55.000.000 EUR
- Maturity:
- 120 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date15.000.000 EUR – 16 Apr 2010
-
BSTDB Signed Amount – Signed DateN/A – N/A
-
Status:Cancelled
- Description and Purpose of the Operation:
- Senior secured corporate loan to OAO Vyksa Steel Works with proceeds earmarked for the construction and operation of plate mill 5000.
- Countries of Operation:
- Russia (100,00%)
- Financial Product:
- Loans
- Sector:
- Materials
- Domain:
- Private
- Borrower/Client:
- The Company is part of United Metallurgical Company (the "OMK"), one of Russia's largest rivate companies. Within OMK pipe division, Vyksa Steel Works is a leading supplier of large iameter pipes (the "LDP").
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- The Operation will boost export potential of the Black Sea region. Directly - via exports of DPs and indirectly by supporting large pipeline for the exports of hydrocarbons, connectingmarkets of BSTDB area with Western Europe.
- Environmental Classification and Impact:
- Generally, the negative EH&S impacts are not likely to be significant and can be avoided and/or itigated by adhering to generally recognized performance standards, guidelines and design criteria for Plate Rolling Mills. Environmental Assessment shall focus primarily on the project's legal compliance with national EH&S legislation and Bank's subject requirements, the onsidered mitigation/minimization measures, internal EH&S management arrangements as wellas the Borrower ' s general EH&S performance .
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
