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January 1999 

DEVELOPMENT OF FURNATURE ACCESORRIES AND COMBING BOARD PRODUCTION

INITIATOR OF THE PROJECT: 

• JSC "Amursky Shipyards", Address: 01, Truda Str., Komsomolsk, 681000, Russia. Director Boris I. Belash.
• Shareholders: Khabarovsk Krai government - 20%, DVLK - 16%, "Elcom" - 13.2%, UKS Securities - 4.43, OneximBank - 3.45%.
• Payroll - 7,855 employees
• Property: Joint property.
• Products: Different kinds of hardwood furniture. Kiln drying is available.
• Markets: Far Eastern Shipping Company, Dalenergo, Kakhalinmorneftegas, Komsomolsk Refinery.

  PROJECT INFORMATION: 

• Target: Arrangement of combing board and furniture accessories production.
• Products: Combing board, plastic trimming and other accesorries.
• Markets: Siberian furnuture industries in the Fra East, Zabaikalye, Altai, Kransoyarsky Krai and Kemerovskaya Oblast.
• Project's Readiness: All necessary documentation and licenses are available. The project is supported by KhabarovskKrai government.

FINANCIAL DATA OF THE PROJECT: 

• Required Investment: - US$ 2.62 million
• Forms of Cooperation: Loan and Joint Venture.
• Guarantee: Negotiated, mortgage is possible.
• Return Period: 1.5 years.
• Profitablility: 15.8 %
• Investment return: Money or products

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