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  We participate in the Exhibition in China and International Forum (CFRS) 2010
02.09/2010
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14.01/2010

Investment projects
FOUNDATION OF JOINT VENTURE ON PRODUCTION OF CONSTRUCTION CHOPPED STRAND MAT

The purpose of the investment project

Attraction of foreign investments for creation of high technological high effective production of chopped strand mat.

It is supposed to form joint venture Ltd. with foreign investments.


Condition of the investment project

Pre-investment stage (there is a preliminary variant of business plan)


Initiator of the investment project

JSC “Polotsk-Steklovolokno”.

Address: Republic of Belarus, Vitebsk region, Polotsk, Stroitelnaya, 30.

General director – N.A. Kochanovsky

Contact phones: (0214) 432448, 432418, ôàêñ 435415


Description of investment project

Foundation of a commercial organization with foreign investments for production of chopped strand mat.

Implementation of the project of foundation of JV Ltd. Will allow to attract foreign investments for creation of high technological, high effective production of chopped strand mat.

Location of JV Ltd. will be on production areas of JSC «Polotsk-Steklovolokno», where there are necessary industrial communications, supply of missing communications is possible.

It is planned to use roving manufactured at JSC «Polotsk-Steklovolokno».

The volume of the products manufactured as the result of project implementation, namely, CSM) will be sold at the markets of the Republic of Belarus and the Russian Federation.

The capacity of the equipment is about 7 000 thousand glass mat per year. Achievement of maximum capacity is scheduled in 2013. During the first year of project implementation it is planned to produce and sell 4 000 tons of CSM.


Time of implementation and pay-back of the investment project , years

The time of beginning of implementation   - 2010 ã,  achievement of designed capacity  – 2013.

Pay-back period   - 4,7 years


Articles of capital costs

(total investments, necessary for implementation of investment project

Capital investments,

Euro

Production areas

416 592

Project and building-installation works

103 652

Purchasing and installation of the equipment

674 199

Growth of net current assets during the period 2010-2013 (till achieving the designed capacity)

1 538 338

Totally the overall project value till the moment of achieving maximum capacity

2 732 782


Type of financing source

Amount,

Eur

Investment in authorized fund of JSC "Polotsk-Steklovolokno":

558 674

Non-monetary investment (production areas) into authorized fund

416 592

Monetary funds

142 082

Investment to the authorized fund of the co-founder (foreign investor):

558 674

Non-monetary funds (equipment)

544 981

Monetary funds

13 693

Monetary funds at the account of activity of JV Ltd.:

647 642

Loaned and attracted funds (credits)

970069

Totally on all the sources of financing

2 735 059


Required investments, missing funds

Type of financial tool,

Eur

Investment to authorized fund of co-founder (foreign investor):

558 674

Loaned and attracted funds (credits)

970 069

Totally

1 528 743


A proposal to investor

Participation in foundation of JV Ltd. as a co-founder with the approximate share of participation  – 50% by 50%

Welcome to cooperation!