Investment Offer
I.
General information about the project
1. Project name: Production of a geomembrane
2. Project branch: Production of polymeric materials for construction
3. Project location: Pinsk, Open JSC “Pinema”
4. Project description (the essence of the investment project, prerequisites, goals, what is expected from
investor, why can the project be of interest to investor)
Production of a geomembrane from PE, PVC 5 m wide for a construction
of antifiltrational screens in designs of drives of liquid waste, solid waste
landfills, agricultural and industrial wastes, etc. In Republic of Belarus this
production is absent. Creation of the import-substituting production. The
role of ecologically protected objects is increasing. The project objective is
an acquisition of the equipment, installation and creation of the area for
release of geomembranes.
5. Degree of the project readiness (availability of business plan, feasibility study, marketing
research or other preparatory work/studies carried out (in progress)
Preliminary selection of the equipment, primary market researches
II.
Information about the project initiator
1. Organization full name: Open JSC Pinema “Pinsk Nonwoven Fabrics”
2. Registration date: 1991
3. Authorized fund structure, %:
Legal entities:
- state ownership form
- private ownership form
Individuals
Share
73
19
8
III. Description of the market of the product intended for
manufacture
A. Description of the product intended for manufacture:
1. product name and description: Polymeric waterproofing geomembrane 5 m wide
2. main consumers: RB housing and public utilities – construction of MSW,
"Shakhtospetsstroy"
3. main competitors (producers of similar product performance goods):
1. CJSC Tekhpolimer, (Russian Federation)
2. LLC Amikom,
3. LLC Konus-S,
4. Tekhnoprom
5. PSK "Geodor".
2
B. Domestic market description
1. current market capacity (over the latest reporting period) 2016 – 2,8 mln. USD
2. prospective domestic market share: 100 %
3. strategy for operating in the domestic market:
lower prices
better product quality
better service
state support (protection from import, guaranteed state
public purchases and other support)
other (delivery of a set of geosynthetic materials for construction)
4. state regulation (price regulation, licensing of the activities etc.): 5. return on sales (%): 15 (in 2017-2018 year);
6. market concentration degree (approximate total market share of five largest market players,
%): - .
7. other (specify): import-substituting production
C. External market description
1. Estimated sales volume distribution by core regions, %:
EEU countries
(Eurasian economic
union)
Incl. Belarus market
EU countries
Other countries
5
90
5
-
2. Does the company have experience in exporting to these countries:
yes;
no
3. Do other Belarusian producers export these products to the main target markets?
yes;
no
IV. Description of available infrastructure
Railways and motor drive ways:
company’s own branch railway
Belarusian Railway line (distance from the site, km): 0,4
state motor roads (distance, km): 4
other roads with improved surface (distance, km): 0,1
Communications:
electricity network (voltage: 10000)
water pipeline
gas pipeline
Land plot and manufacturing facilities:
land plot availability (without constructions)
presence of constructions (manufacturing building)
Other infrastructure:
warehouses, logistics terminals (warehouse of 1500 sq.m)
possibility of production expansion and installation of additional production capacities
possibility of construction of the necessary infrastructure via state budgetary financing
Other (specify)
3
V.
Key advantages of the
project
Short description of each is expected:
developed brand
profiled staff
supply chain of raw materials and components
(commodity) distribution network: Dealers in the territory of the Republic of Belarus,
Russian Federation, Kazakhstan, Poland, the Ukraine.
guaranteed volume of orders
presence of valid patents, licenses, permits
provision of benefits within the project implementation:
other (specify):
VI. Project financing
A. Total investment amount: 0,9 mln USD
B. Investment sources
Source
Own resources
Investor’s resources
State financing
Grants
Long-term loans
Short-term loans
Other (specify):
Amount
0,9 mln USD
Total:
0,9 mln USD
С. Investment resources allocation:
research and development
infrastructure development
construction
purchase of real estate
purchase of equipment, technologies, licenses
preparation of production
working capital financing
other (specify): manufacture of an ancillary equipment, application of communications to the
line, installation of equipment, installation commissioning, release of prototypes and
certification.
D. Form of investor participation in the project:
Forms of investor participation
Investor’s share in authorized
fund under the intended
participation form, %
Contribution to the authorized fund of a newly established
enterprise
Purchase of shares (share in the authorized fund) of the existent Within a state block of
enterprise
shares
Purchase of the enterprise as an asset complex
Additional issue of shares for selling to investor
Other (specify):
-
-
4
E. Preliminary indicators of the project efficiency
Indicator
Value
Annual revenue (USD, excl. of VAT, after reaching the project capacity)
1 700 000
Period for reaching the project capacity, years
1
Pay-back period, years
3
Dynamic pay-back period, years
5
NPV*, USD
160 000
IRR*, %
20
Discount rate, %
8
* IRR and NPV are indicated as of year 2017-2018 of the project implementation.
VII. Contact information
Contact
information
about
executing
officer
Sadovsky Alexander Aleksandrovich, director of JSC Pinema
Phone: +375(165) 37-19-21 mob.: +375(44)534-13-95
Fax: +374(165) 37-15-80
E-mail: [email protected]
Website: www.pinema.by
Date of the investment offer preparation: 16.12.2016
(name,
position):