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                                                                   Exhibit 10.36

                            Translation from Russian

Series A
No. 025044
                                                   Copy 1
for the lessee

                                                   Approved by the resolution of
                                                   KhKKL
                                                   (name of local office)

                                                   05/11/97 No. 25

                        Federal Timber Service of Russia

                                 License No. 19
                    for long-term use(lease) of timber tracts

                                                   November 15, 1997

Region: Khabarovsk Territory
City: Vanino Settlement
Owner of timber tracts: Tumninsky leskhoz
Forestry region: Sizimansky
Full title of the lessee: JSC "Forest-Starma"

for performance of the following types of timber harvesting:

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
No       Type of timber         Metric    Tract Nos.             Square, ha     Set annual    Amount of
s.       tract usage            system                                          volume of     lease
                                                                                usage         payments
---------------------------------------------------------------------------------------------------------------
<S>      <C>                    <C>       <C>                    <C>            <C>           <C>
         Timber                 m(3)      1-20, 23-28, 31-       81,3           80            in
         harvesting in                    36, 39-41, 45, 46,     thousand m(2)  thousand m(3) accordance
         grade I forests                  52, 54, 56-59, 64-                                  with
                                          67, 71-78, 81-85,                                   attached
                                          88-90, 92-94,                                       annual
                                          104-109, 113-                                       calculations
                                          116, 121-123,
                                          126-130, 133-
                                          135, 139-173,
                                          176-178, 180,
                                          184, 190
---------------------------------------------------------------------------------------------------------------
</TABLE>

         Expiration date of this lease shall be November 15, 2046.

         The lessee shall be obligated to provide timber tract usage in
accordance with set volume starting January 1, 1998.

         Term and procedure for lease payments: In eight installments in
accordance with the Guidelines on rate timber-related fees and lease payments in
effect in the Khabarovsk Territory.
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         Amount of withholdings for regeneration, ecological considerations,
terms and payment procedures: None.

                    Volumes of timber shipments to the state

                                     [none]

         The lessee shall be obligated to implement the following forest
maintenance and regeneration measures: In accordance with the lease agreements
and set annual volumes.

         Conditions and procedure for financing of forest maintenance and
regeneration measures by the timber tract owner: Upon acceptance of work in
accordance with Acts, the amount of financing shall be determined expressly in
the lease agreement.

         Requirements on the condition of the timber tracts upon the expiration
date of this license: Maintenance of the percent of trees on the leased
territories no lesser than the one as of the date of issuance of the license.

         Liability of the lessee, territorial (city) authorities and the owner
of the timber tract for violation of terms and conditions of the lease: In
accordance with the legislation in force.

         Indemnification procedure for losses incurred by the lessee: Shall be
determined by the authoritative body which passed the decision that caused
losses, by allocating an equal volume timber tract.

         Special considerations: Usage volumes may be changed as a result of
closer research of resources upon determining the logging plans, forest
management measures and other changes.

         Leskhoz director     /s/ S.I. Radchenko

         License received     /s/ V.S. Sadokhi

         Extension of the term of the license     (blank)
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THE PIONEER GROUP, INC.

60 State Street
Boston, MA 02109-1820
617-742-7825

[PIONEER LOGO]

          The undersigned hereby certifies that the translation of License No.
19 for Long-Term Use (Lease) of Timber Tracts in the Khabarovsk Territory dated
as of November 15, 1997 issued by the Federal Timber Service of Russia to Closed
Joint-Stock Company "Forest-Starma" to which this certification is attached is
a fair and accurate translation of the original document executed in Russian.

Dated: May 22, 2000

                             /s/ Catherine Mannick
                             -----------------------------------
                             Name: Catherine Mannick
                             Title: Vice President and Assistant
                             General Counsel, The Pioneer Group,
                             Inc.