A&R Carton St.Petersburg

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 37332

Status Complete

Location

Russia

Business Sector

Manufacturing and Services

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 37332

Status Complete

Location

Russia

Business Sector

Manufacturing and Services

Notice Type

Private

Environmental Category

Approval Date

06 Feb 2007

Disclosure date

27 Dec 2006

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

The proposed project envisages financing ZAO AR Carton, a Russian closed joint stock company owned by A&R Carton Holding GmbH which is owned by A&R Carton AB (Sweden), one of the leading companies in the European folding carton converting industry. The financing is needed to expand the company’s new folding carton converting plant located in Leningrad region (Russia).

Transition Impact

Given A&R Carton AB experience, the new plant will contribute to the modernisation of the carton packaging industry by dispersing know-how and setting technological, environmental, managerial and general business standards.

The project will strengthen the competitive pressures within the packaging industry in terms of efficiency, product quality and delivery and will gradually broaden its local supplier base. The introduction of high-quality gravure packaging products is expected to stimulate local producers to utilise resources more efficiently, introduce more innovative production processes and should also increase customer awareness of international standards with respect to product quality and production processes.

The Client

A&R Carton AB is one of the leading companies in the European folding carton converting industry. A&R Carton AB sales totalled EUR 281 million in 2005. The company has 15 strategically sited production facilities throughout the West-East and Nordic regions of Europe. The company has a converting capacity in excess of 240000 tons of carton board, and some 1,800 employees.

EBRD Finance

The EBRD would provide financing up to EUR 9 million in the form of senior loan.

Project Cost

EUR 15.9 million.

Environmental Impact

The environmental due diligence undertaken by the EBRD confirmed that there are no significant issues associated with the operation. The plant has been designed to meet Russia and EU environmental standards and to incorporate adequate mitigation measures. A&R Carton is committed to monitor and manage environmental and safety issues in accordance with EU standards and best international industry practice.

Technical Cooperation

None.

Company Contact

Niclas Nyström, Vice-President, CFO
Niclas.Nystrom@ar-carton.com

Transition impact

ETI Score:35

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

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. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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