ENG
Republic of Karelia for investors
http://kareliainvest.ru/
Setting up and exploitation of the facility for producing high quality toppings, fillers, conserves, jams, made of wild and garden berries and fruits
The project proponent: Yagoda Karelii Ltd.
Chief executive: Eduard Viktorovich Krul
Address: 185035, the Republic of Karelia, Petrozavodsk, Kommunalnaya St., 17, ; telephone: (8142) 59-30-59, 59-30-33.
Contact person: Eduard Viktorovich Krul
The goal of the project: setting up of the largest facility in Russia on the territory of Karelia for production of high quality toppings, fillers, conserves, jams out of wild and garden berries and fruits.
Project description: Construction and putting into operation of the production facility with daily average output of 44 tons within 12 months. The product assortment embraces fillers, toppings, including ones with fruits’ and berries’ pieces, conserves, including heat-proof ones. Brand new technologies are considered to be used, including antiseptic filling and packaging.
Project readiness stage: Start stage has been fulfilled, including project planning on detailed design stage; 1.7 hectares of construction site have been prepared to zero level; all the necessary equipment have been matched, and the contract for its’ shipment has been concluded. All the necessary accommodations and permissions from supervising and technical agencies have been received, including the ones in energy supply, water supply, water removal, and gas supply. The enterprise conducts construction works by own finances.
Financial indicators of the project
Total amount of investments – 521.7 million RUR.
Sources of financing – own funds and a bank loan. Strategic financing is also an option.
Discounted payback period – 2.8 years.
Expected effect: Net present value – 461.5 million RUR.
Creation of additional jobs – 170-200.
Internal rate of return – 46%.
Expected sources of financing
The expected share of an external investor in the project value – with the participation of a bank – not less than 70% accounts for a bank loan. Possible share of an external investor in the charter capital is up to 51%.
Desired conditions of investment attraction are delay of reimbursement of credit up to 2 years, and moratorium in interest payments up to 8 months.
The period of repayment of borrowed fund (estimated) is up to 5 years.