Komatsu Manufacturing Russia

Location:

Russia

Project number:

39112

Business sector:

Manufacturing and Services

Notice type:

Private

Environmental category:

B

Target board date:

07 Apr 2009

Status:

Signed

PSD disclosed:

05 Mar 2009

Project Description

The Bank’s investment will support the construction and operation of a greenfield plant, which will accommodate an integrated production line (from welding to assembly) for construction and utility equipment. This investment is part of Komatsu’s development strategy in emerging markets.

Transition Impact

The transition impact potential of the Project is derived primarily from channelling advanced technologies and know-how as well as crucial managerial, organisational, marketing, financial and other skills into the Russian construction machinery sector. This will have benefits which are expected to reach well beyond the boundaries of the project itself.

The Project will also

(i) provide a modern and environmentally clean production of construction equipment; and

(ii) support increased environmental standards in the Russian construction machinery sector.

The Client

OOO Komatsu Manufacturing Russia a greenfield construction machinery production plant in Russia owned (via a 100% subsidiary) by Komatsu Ltd, the world’s second largest manufacturer of construction machinery.

EBRD Finance

The EBRD will provide an equity investment of USD 8 million to Komatsu Manufacturing Russia.

Project Cost

Total project will be approximately USD 100 million.

Environmental Impact

Screened B/0 (2003). An Environmental Analysis, undertaken by independent consultants, and a site visit by the Bank's Environmental Specialist, confirmed that the new production and assembly facilities at Yaroslavl will be constructed and operated to Komatsu's high environmental standards and will be in compliance with similar plants in Europe and best international environmental practice. New plant and equipment will be commissioned under the supervision of Komatsu. The Company sets very high environmental, health and safety standards for its suppliers. The Environmental Impact Assessment (OVOS) process has been completed and has received final approval from the City Environmental Authorities. Public consultation has also been undertaken in accordance with Russian and local requirements.

Technical Cooperation

None.

Company Contact

OOO Komatsu Manufacturing Rus
www.komatsu.yar.ru; www.komatsu.ru

 

Business opportunities

For business opportunities or procurement, contact the client company.

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Project Complaint Mechanism (PCM)

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Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.