plans to build pulp and paper mill in Krasnoyarsk for 2 billion dollars

Show original
plans to build pulp and paper mill in Krasnoyarsk for 2 billion dollars

LLC "GROUP OF COMPANIES "SEGEZHA" designs pulp and paper mill in Krasnoyarsk. The head of corporation Mikhail Shamolin in interview of information agency "ITAR-TASS".

Now company looks for partners for financings the project. By words Mikhail Shamolin, the potential cost of plant makes 2 billion dollars.

"To involve financing at banks on this project, it is necessary to have about 600 million dollars of the share capital - it will be used as pledge on credit. Them someone has to enclose banks under very high risk, and other 1,4 billion dollars will give already without problems. The main issue - where to take money, these the first 600 million dollars. We have no such money".

the Solution of a question with receiving proceeds of credit complicates also banks new the management Vneshekonombank with which possibility of financings plant was discussed earlier.

"Krom of Vneshekonombank while there are no direct forms of the state participation in similar projects. Only unless to make state company which will build pulp and paper mill on the budgetary money, but it already other history", - Mikhail Shamolin reported.

we Will add

that LLC "GROUP OF COMPANIES "SEGEZHA" - the vertically integrated timber industry holding which is present at 11 countries of the world.