devinitorg/iati-policy-markers huggingface dataset:
Nitol Solar The proposed transaction is a $75 million loan and equity investment in Nitol Solar Limited (Nitol or the company), to facilitate the construction of a 3,700 metric tonnes per annum polycrystalline silicon (PCS or polysilicon) manufacturing facility in Russia at a total cost of about $450 million.    Nitol is a vertically integrated chemical and silicon gas producer based in Russias Irkutsk region (south-eastern Siberia), with access to abundant rock salt and low cost energy.  The company is currently one of the largest Russian producers of chlorine based compounds, such as trichloroethylene, calcium hypochlorite, epichlorohydrin and polyvinylchloride (PVC) emulsion, as well as silicon gases. - Supporting Growth of Renewable Energy:    Solar power is developing into a key renewable energy source and globally, the sector is witnessing growth rates in excess of 30% per annum.  Nitols Project will be producing polysilicon, the main material from which solar cells are manufactured.  Upon completion of the Project, Nitols polysilicon output would be equivalent to about 300MW of solar power per annum.  - Employment Preservation:    Nitol has about 5,100 employees and is a key source of employment for the immediate region.  The Project would support Nitols future growth by allowing the company to diversify away from commodity chemicals into polysilicon, a high growth sector.  As a result, the company expects to preserve the employment of its existing workforce and also create additional jobs (directly and indirectly) as it grows.  This would be a key development impact, promoting stability in a less developed region (Irkutsk GDP is 16% below national average).  - Environmental Correction:    Land adjacent to Nitols chlor-alkali facilities has legacy contamination issues from mercury sludge generated by the facilities prior to their privatization.  Although, this land is owned by the local authorities, Nitol has volunteered to conduct a base-line study to assess the degree of contamination and, subsequently, develop a remediation program to address the issue.    - Resource Diversification:    The project would be adding value to domestic non-hydrocarbon resources, thereby, helping diversify the countrys dependence on oil and gas revenues as well as generate export revenues.    - Enhancing Domestic Corporate Governance Standards:    Nitols intended listing on London Stock Exchange would be the first full listing for a Russian company (i.e. not a GDR or AIM listing) and includes Nitols commitment to conform to the UK Combined Code of Governance.  This would have a demonstration effect to other Russian companies, given their reputation for limited transparency.
CBM Equity 2 The project consists of a direct equity investment of up to RUB 2.90 billion in CREDIT BANK OF MOSCOW (CBM), a medium-sized universal bank, well known to IFC from earlier projects. CBM was established in Moscow in 1992 and now ranks among the top-25 banks of Russia in terms of assets. CBM operates in Moscow and the Moscow region, offering both corporate and retail banking services to a wide range of clients. The main purpose of the project is to improve access to finance for clients of the Bank, mainly represented by mid-sized companies and to strengthen the capital of the bank in view of its regional expansion and its preparation for an initial public offering (IPO) in the mid-term. The proposed investment seeks to (i) help Credit Bank of Moscow grow and serve its small-and-medium enterprise client base; (ii) expand its operations to new regions outside of Moscow; (iii) strengthen and diversify its capital base; (iv) mobilize additional investors to enter the Bank''s capital in light of a future initial public offering (IPO); and (v) promote best practices in terms of corporate governance and business and risk management, enabling the Bank to become one of the key platforms for sector consolidation.
Ramstore II IFCs role in the Project will be to assist the Sponsors in establishing a viable private sector business which will take advantage of an underdeveloped retail market in Moscow by opening modern supermarkets in suburban areas where there are a limited number of retail outlets and a concentration of housing developments. The Corporation is also needed to mobilize the required limited recourse finance and provide the Sponsors with added comfort in relation to political risk. From a developmental standpoint, the Project will make available lower cost, high quality food and non-food items to the domestic market on a consistent basis. It will also introduce state-of-the-art inventory management, distribution and retail systems which will serve to improve the overall retail sector in Moscow as it will be a model for former state-owned enterprises and others to follow.
Pervobank Project The Project will consist of a Senior Loan and equity investment to First United Bank, or Pervobank (the Bank),a the leading bank in Samara and the Samara oblast (the Volga region) in the total amount of up to $50 million. 

Pervobank was formed in 2006 as a result of a merger of two local banks  Nova Bank owned by NOVATEK and Samara Credit owned by Volgaburmash, the leading producer of drilling bits in Russia.  Following the merger of two effectively captive banks, a new strategy was developed, aimed at transforming Pervobank into an independent regional bank.  Currently, the Bank is ranked 72nd by capital and 81st by total assets in Russia.  In the Samara region, it is the largest bank by total assets and capital with the exception of Rusfinance, which is a consumer lending subsidiary of Societe Generale and is not exactly a regional bank.

The Bank targets SMEs, mid-size corporates, and retail clients.  Pervobanks current strategy concentrates primarily on increasing its SME lending (over 50% of the Banks loan portfolio as of end-2009 was represented by SME loans).  

The IFC loan would broaden the Banks long-term funding base and would be used for expansion of its financing of micro and small entrepreneurs in the regions. In addition, the proposed project will have an energy efficiency component, which will help the Bank introduce and develop this new strategically important loan product. As part of the project, IFC may also consider providing up to $20 million in equity to support the Banks strategy and assist in its expansion. i) Access to finance.  The IFC senior loan for on-lending to SMEs will improve access to long-term funding for small and mid-size companies in the regions.
ii) Fighting climate change.  The Energy Efficiency component of the IFC senior loan will contribute to mitigating climate change in one of Russia's most industrially developed regions.  Reduction in energy cost will increase the competitiveness of the Bank's clients.  It is expected that the Project will have significant impact through lowering annual energy costs, primary energy savings and reductions in GHG's emissions.
BAC Russia Project The project involves a $22 million investment in B.A.C (BAC or the company) for expansion of its operations to regional cities in Russia and potentially elsewhere in the Commonwealth of Independent States region, the establishment of a number of new data centers, and incremental working capital.  Through the investment, the company will provide an increased array of IT services required by medium-sized and large clients, both in the private and public sectors. Some of the development impacts are highlighted below:    Data Center Provision:     High quality hosting is a key element of IT infrastructure enabling the increased use of high technology among private corporations, individuals and government.  Through economies of scale, specialty knowledge and extensive staff training, BAC will allow their clients to enjoy cost savings and high quality service provisioning that they would not otherwise obtain if these services were operated in-house.        Increase in Capacity:     The Russian IT sector is currently under-served by data center capacity.    Further development is required to build capacity and encourage more sophisticated use of technology for both domestic corporations as well as small businesses.     SME development:    BACs regional expansion plans will provide the company with opportunities to work with SMEs in frontier Russian and CIS regions.  For the SME sector, data centers allows for young businesses to have access to professional grade technology platforms and reliable, consistent Internet connectivity without the burden of significant upfront capital expenditure on equipment and the ongoing high costs of recruiting specialist IT staff.      Regional Expansion:      BAC plans to open new offices and acquire mid-size IT companies in frontier regions that have inadequate IT services capacity.   The companys move to these regions would support existing clients that are expanding business to those regions, in turn, increasing economic activity.    Employment and skills training:    Over the next four years, BAC plans would create several hundred new engineering jobs.  Given the shortage of qualified engineers in Russia, most of the new hires are expected to be lower-skilled employees that would be trained.  BACs training programs and coupled with tailored mentoring are expected to turn those low-skill entrants into high-skill employees with the appropriate level of expertise for the companys offerings.
Delta Leasing II ZAO DeltaLeasing (DeltaLeasing or the company), previously known as Delta Lease - Far East, is a leasing company based in Vladivostok with offices in Yuzhno-Sakhalinsk (Sakhalin Island), Khabarovsk, and Novosibirsk (Novosibirsk office serves as a hub-office for Siberia region with smaller regional offices opened in Omsk, Tomsk, Krasnoyarsk, Irkutsk, and Barnaul). The company has been in operation since 2000 and is entirely owned by the U.S. Russia Investment Fund (TUSRIF).    DeltaLeasing primarily provides financial leases to its clients with a specific focus on servicing the needs of Small and Medium size Enterprises (SMEs). As of September 30, 2005, DeltaLeasing had total assets of USD26.2 million.    This proposed project of an aggregate amount of up to $16 million consists of a 5-year senior A loan of up to $6 million and a 3-year syndicated B loan of up to $10 million. Both loans may have an option of Ruble-linked feature. The purpose of this project is to provide long term funding to DeltaLeasing to enable the company to meet the strong demand for longer term leasing products in the SME sector of the Russian Far East and Siberia regions.
Ruscam Expansion The project entails the installation of a furnace with 315 tons/day of glass making capacity and bottle-forming lines. The venture will address the rapidly growing demand in Russia for beverage bottles manufactured to international quality standards.  Currently, most of the bottles which are manufactured domestically suffer from a high breakage rate when utilized on higher-speed filling lines which, with the beverage industry''s investment in improved filling technology, have become increasingly common in Russia.  Some bottling operations have had to rely on foreign bottles, which are expensive to import due to bottles high bulk/low value character.  The role of IFC in the project includes: being one of only very few sources of long-term, limited recourse finance to projects in Russia; and leveraging of IFC''s relationship with Sisecam to facilitate this partners establishment of a solid and productive base in a challenging, overseas business environment.    In addition to strengthening Russia''s manufacturing base in order to domestically meet the demand for quality bottles, the project is expected to have the following benefits to the local or regional community:   -    Job Creation   .   Ruscam has been the only large-scale investment in the Gorokhovets area since the Soviet era and the surrounding area offers very few other employment opportunities. The project is expected to generate approximately 200 incremental, sustainable jobs of which over 110 would be direct employment by Ruscam.     -    Investment in Human Resources   .  Sisecam has been transferring best technical practice to its local employees at the shop floor-level and international cost, managerial accounting and financial control know-how to the local management cadre it is developing.  In addition to on-the-job training, Sisecam routinely trains local staff at Sisecam facilities in Turkey.     -    Small and Medium-sized Enterprises (SMEs)   .  The company is well integrated into the local economy.  The project will continue to offer new opportunities for raw materials and service providers (some of which are locally-owned SMEs) and help foster a more competitive market for such materials and services.
Sveza Project Sveza Holding (or the company) is the largest birch plywood producer in Russia and accounts for 10% of the global production of birch plywood.  Sveza owns three plywood plants producing birch plywood, particleboard, and bed slats mainly utilized in construction, furniture production and transportation industries, and several logging companies in various regions of Russia.  This project will support Svezas 2004-2007 investment program, which comprises of:

-  capital expenditures and modernization program for Svezas plywood plants, 
-  expansion of the companys harvesting infrastructure, and 
-  refinancing of existing short-term debt. 
This project will enable Sveza to increase the quality of its existing products, widen its product selection, and lower its production costs and raw material consumption through the replacement of older production equipment.  The company will further expand its harvesting and sawmilling infrastructure which will improve the companys raw material self sufficiency.  In addition to the above, the refinancing component will help the company reduce its funding cost and lower its maturity mismatch by replacing existing expensive short-term loans by long-term funding.
Agros Project In the end of 2001, Agro-Industrial Complex Agros (Agros, or the sponsor) acquired several poultry farms and processing plants located in the Stavropol region. The acquired facilities needed significant rehabilitation and upgrade to improve production efficiencies. In 2002, Agros began integrating the operations into a single well-coordinated poultry company, Stavropolsky Broiler (the company).

The project will introduce modern poultry technology throughout the poultry production chain and optimize capacities to expand the companys poultry meat production to 40,000 tpa. The project consists of: 
repairs and upgrade of the companys breeding and broiler farms; 
construction of a new hatchery; 
rehabilitation of processing plants and feedmill; 
expansion of distribution; and 
investment in working capital. 

The project aims to capitalize on the significant opportunities afforded by the poultry industry in Russia, the regions mild climate favorable to chicken raising and abundant supply of cheap grain.
Russia Leasing Company Summary Of Project Information (SPI)       Project Name:    Russia - Russia Leasing Company      Region:Europe II   Sector:   Project No:009433   Projected Board Date:April 8, 1999   Company Name:Russia Leasing Company   Technical Partner and/or Major Shareholders    	Deutsche Leasing AG    Project Cost Including proposed IFC investment    	Project Cost:  US$12 million; IFC Investment:  US$3.6 million, including US$600,000 equity and a US$3 million A-Loan.    Location of project and Description of site    	Russia Leasing Company (RLC) will be incorporated under Russian law and headquartered in Moscow, Russia.    Description of Company and Purpose of Project    	The project will assist the development of the private sector in the Russian Federation through lease financing and related services to the agricultural, commercial, construction, energy, industrial, mining, professional and transport sectors.  The project will provide critical medium-term capital financing for private enterprises at a time when practically no alternatives exist, especially bank financing, due to the recent economic/financial crisis in Russia.    Environmental Category and Issues    	This is a Financial Intermediary (FI) Type 1 project according to IFC''s environmental review procedure.  RLC will be required to conduct environmental reviews of relevant operations to ensure that investments are consistent with Russian Federation environmental, health and safety requirements.  In addition, RLC will be required to submit an annual environmental performance report.    The  is  from the InfoShop.       Date SPI sent to InfoShop:    March 8, 1999      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact: Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
Megalogix Novosibirsk Megalogix Ltd. (Megalogix) is a company established to develop an integrated network of class A warehouses in up to 20 cities across Russia and major cities of CIS. Megalogix is a 50/50 joint venture of: 
- Raven Russia Limited (Raven), a sponsor of an existing IFC client in Ukraine, CJSC Logistics Center Kalyinivka, and
- Avalon Group (Avalon), one of the leading Russian distributors of fast-moving consumer goods (FMCG). The proposed investment is part of the above mentioned large scale initiative of Megalogix and involves the construction of a class A warehouse facility of approximately 103,000 square meters (m²) in the south of Novosibirsk.  

Novosibirsk is a frontier region of Russia with income per capita of less than half of national average and suffering from severe shortage of warehousing capacity.  The project will be implemented through a 100% subsidiary of Megalogix (Logopark Ob or the borrower) in Russia, incorporated solely for the purpose of the project implementation.  The project will address the undersupply of quality warehouse space in Novosibirsk and is part of the Megalogixs overall strategy to become one of the leading warehousing service providers in Russia. The project would contribute to the increase in availability of modern warehousing services in Russia. Access to quality services will help lower overhead costs for both suppliers and retailers of fast-moving consumer goods. In addition, the project will directly and indirectly create more than 1000 new jobs.
Sibakadembank Sibakadembank (SAB or the bank) is a private bank based in Novosibirsk with a branches in seven regions of Western and Eastern Siberia.  The bank focuses on lending to SMEs, entrepreneurs, and individuals and despite its small size and regional location, SAB has established an impressive branch network throughout Siberia.  SAB had the net worth of approximately $16.5 million and total assets of approximately $207.0 million equivalent as of end of 2003.  Proceeds of IFC loan would be used for on-lending to private small and medium-sized enterprises.
Air Transport Systems The proposed project involves financing of Air Transport Systems (ATS, the Company) to acquire a fleet of up to 45 new small six-seat Russian-made M101T turboprop aircraft that will be providing shuttle and on-demand passenger air transportation services in Russia (the Project). The Project will play an important catalytic role in re-establishing and increasing efficiency of direct air communication between many regions of Russia.
Kulon Project The proposed project includes the construction and operation of two new commercial third party warehousing, logistical and office centers in the Moscow metropolitan area, totaling over 30,000 square meters of space.  The first complex, Southern, is projected to cost $7.4 million; the second, Baltia, is projected to cost $14.1 million, for a total of $21.5 million. Prospective tenants include reputable international and local firms involved in the wholesaling, retailing, and business services sectors. Southern and Baltia will be owned and developed by two Russian-based project companies, Kulon Development and Kulon-Estate respectively.
Mytischi heating The proposed investment would support the implementation of its heating infrastructure rehabilitation program of the city of Mytischi (the City) in 2009-2010. The Project, which would be a continuation of the IBRD Municipal Heating Project (2003-2008), is expected to finance installation of 240 automated individual heat substations and rehabilitation of about 44km of the distribution network using modern insulated heat pipes. Rehabilitation of the heating infrastructure in the city to be supported under the proposed project will improve the quality of heating and hot water services to residents, reduce heat losses and maintenance costs, improve energy efficiency. Ultimately the project will contribute to improving the living conditions and environment in the City.
CBM A + B Loan The Project will consist of an A and B loan to OJSC Credit Bank of Moscow (CBM, or the Bank), a mid-size universal Moscow-based bank, in the total amount of up to $150 million. 

CBM has been a client of IFC since 2004.  Currently the Bank operates only in Moscow and Moscow Region with a sound network of 41 branches, 240 ATMs and 820 payment terminals, but subject to favorable economic conditions, plans to expand its branch network to the regions. 

The Project is aimed at supporting a long-standing partner as part of IFCs counter-cyclical strategy, and contribution to opening of syndicated loan market in Russia. In addition to that, the proposed project will have an energy efficiency component, which will help the Bank introduce and develop this new strategically important loan product, and an agribusiness related component, which is in line with the IFC food crisis response strategy to scale up wholesaling as means to provide liquidity to SMEs through the entire agribusiness value chain. IFCs involvement in the project will catalyze credit lines to regional food supply chain players providing for sustainable crop production in a major agricultural producing country such as Russia The project is expected to have a demonstration impact, and a number of measurable impacts for its agribusiness and energy efficiency components. The demonstration impact will be achieved by supporting a long-standing partner as part of IFC's counter-cyclical strategy, and contributing to opening of syndicated loan market in Russia. The development impact from the energy efficiency component will be measured by the number of sub-projects financed/co-financed with the Bank, and CO2 emission savings. The development impact from the agribusiness component will be measured by the number of agricultural enterprises financed, and volume of transactions.