Sukhodol hot press stamping plant, Russia

Environmental and social due diligence in connection with an EBRD loan of €115 million (of which €25 million is sindicated) and DEG loan of €15 million to Oil and Gas Systems to finance the construction of a greenfield hot press stamping plant near the town of Sukhodol, Tula region, to secure own supply of half-body casings for the production of pipeline valves and to enter the growing market of large stamped parts used in various industries in Russia.