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January 1999 

PRODUCTION AND INSTALLATION OF CITY GAS METERS

INITIATOR OF THE PROJECT: 

• JSC "DalElectron", Address: 204, Tykhookeanskaya Str., Khabarovsk, Russia. Director Valery N. Soroka.
• Shareholders: Khabarovsk Krai Government - 24.9%, JSC "Vostochnaya Set" - 13.2 %, and individuals.
• Payroll - 98 employees
• Property: Joint property. Production facilities and technologies.
• Products: Cash counters, electronic watch, electric power meter, timers, and etc.
• Markets: Far Eastern municipal governments, companies and individuals.

  PROJECT INFORMATION: 

• Target: Introcution of a new gas meter.
• Products: Gas meter "Gallus-2000"
• Markets: Russian Far Eastern municipal governments, companies and individuals. Markets will expand with development of city gas networks project and Sakhalin oil and gas projects.
• Project's Readiness: Business Plan, Feasibility Study and all necessary documentation are available.Project is supported by Khabarovsk Krai government.

FINANCIAL DATA OF THE PROJECT: 

• Required Investment: - US$ 390,000
• Forms of Cooperation: Loan and cooperation.
• Guarantee: Negotiated, mortgage.
• Return Period: 2.9 years.
• Profitablility: 22 %
• Investment return: Money

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