Project description
and objectives:
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The proposed project is a construction and operation of a porcelain tiles production facility near town of Serpuhov, in the Moscow region.
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Transition impact:
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The Project’s Transition Impact is likely to derive from supporting the regional expansion of its Turkish Sponsor, the stimulation of competition on the local market and the creation of new linkages with local suppliers and customers, as well as the demonstration effect of environmentally sound practices in the Russian Federation.
Training programmes, innovative business processes and capital investments in modern machinery will also contribute to a skills transfer.
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The client:
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OOO Vitra Plitka is a wholly owned subsidiary of Vitra Tiles, one of the largest Turkish producers of tiles. Vitra Tiles belongs in the diversified Turkish conglomerate of Ezcasibasi Group.
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EBRD finance:
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EUR 9 million senior loan.
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Total project cost:
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EUR 21.4 million.
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Environmental impact:
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The environmental and social impacts associated with this project are limited and can readily be identified and addressed through mitigation measures; therefore, it was screened as B/0 (2003). Environmental due diligence did not identify any significant issues associated with the development and operation of this project. It confirmed that Vitra has obtained all necessary permits for the construction and the installed equipment and machinery will comply with EU environmental standards. For the construction management the Company uses Baras, Russian-Turkish JV. The Company's policies and operational procedures are satisfactory albeit not formalised. The Company has agreed to formalise these procedures; particularly those relating to managing contractors and sub-contractors. The Bank will monitor this project through the review of Annual Environmental Reports submitted to the EBRD. Monitoring visits by Bank staff or appointed representatives will be undertaken, if deemed necessary.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Vitra Tiles
Kanyon Office, Buykdere Caddesi 185
Levent 34395, Istanbul, Turkey
Phone +(90 212) 371 7000
Fax + (90 212) 371 7144
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EBRD contact:
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Dimitry Trusilov, Operation Leader: trusilod@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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Public Information
Policy (PIP):
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The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
Text of the PIP
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Independent Recourse
Mechanism (IRM):
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The EBRD has established the IRM to give local groups that may be directly and adversely affected by a Bank project a means of raising complaints or grievances with the Bank, independently from banking operations.
Guidelines for Making a complaint and the Rules of procedures
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