SOLIKAMSKBUMPROM
Russia | Materials- Identification Code:
- OP/16/0045
- Total Operation Cost:
- — EUR
- Maturity:
- 84 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date27.000.000 EUR – 22 Sep 2017
-
BSTDB Signed Amount – Signed Date-27.000.000 EUR – 01 Mar 202227.000.000 EUR – 26 Nov 2018
-
Status:Cancelled
- Description and Purpose of the Operation:
- EUR 27 million secured corporate loan earmarked towards the financing of the Borrower's 2017/18 Capex program (purchase and installation of wood preparation and debarking equipment)
- Countries of Operation:
- Russia (100,00%)
- Financial Product:
- Loans
- Sector:
- Materials
- Domain:
- Private
- Borrower/Client:
- OJSC Solikamskbumprom
- Co-Financers/Participants:
- not applicable
- Guarantors/Sponsors:
- not applicable
- Developmental and Regional Cooperation Impact:
- OJSC Solikamskbumprom is a major regional exporter. Greece and Turkey are among the company's export destinations, meaning that there will be regional cooperation benefits from the sale of output as a result of this operation. Financing from the Operation will be used to import de- barking equipment produced by market leader Finnish Valmet; it will contribute to imports of modern technology beyond BSTDB area.
- Environmental Classification and Impact:
- Category B+ Operation. It has the potential to generate medium to high E&S risks and impacts, which however are limited in nature and can be addressed efficiently through relevant mitigation measures. The main E&S issues associated with SBP and construction of the new wood preparation yard relate mainly to: legal compliance with environmental, labor, and health and safety laws and regulations; the employed labor and working conditions; the applied pollution prevention and abatement; impacts on the local communities; and use of natural resources.
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
