Rosvodokanal II



Project number:


Business sector:

Municipal and environmental infrastructure

Notice type:


Environmental category:


Approval date:

11 Oct 2011



PSD disclosed:

08 Jun 2011

Translated version of this PSD: Russian

Project Description

The EBRD is considering a long-term loan to Rosvodokanal Group (RVK), one of the first Russian private operators in the water supply and wastewater treatment sector. The loan proceeds will be used to support the rehabilitation and upgrade of the water and wastewater infrastructure in RVK’s cities of operations in Russia, which today include Kaluga, Tyumen, Orenburg, Barnaul, Tver, Omsk and Krasnodar, and to finance the acquisition of new water and wastewater companies by RVK and the rehabilitation and upgrade of water and wastewater infrastructure in those newly acquired companies. This will be the Bank’s second loan to RVK, following a RUB 1.5 billion first loan signed in 2008.

Transition Impact

The project will continue to demonstrate development and implementation of a PPP model as a way of bringing private sector managerial and operational expertise and investments in the water and wastewater sector in Russia.

The Client

Rosvodokanal Group will be the borrower of funds.

EBRD Finance

Up to RUB 1.5 billion loan facility to RVK expected to be co-financed by another RUB 1.5 billion parallel loan from a domestic financial institution.

Project Cost

RUB 17.4 billion (equivalent to EUR 435 million).

Environmental Impact

Screened C/1. The proposed second tranche of the RVK investment facility will be used for financing further implementation of the investment and modernisation programmes that are RVK's obligation under the lease agreements. These investment programmes were already subject to the Bank's due diligence for the first tranche. Therefore, no additional assessment of the potential future adverse impacts of the project has been undertaken. RVK's compliance with its obligations agreed under the first loan has been monitored based on RVK's reporting to the Bank, which has been satisfactory.

Technical Cooperation


Company Contact

Vadim Pesochinsky, Chief Financial Officer;
2, bld. 4, Gamsonovskiy pereulok, Moscow, 115191, Russia

Tel/fax: +7 (495) 514-02-11


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

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Text of the PIP

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