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Integra brochure
(pdf - 1.6 mb)

November 26, 2008

Notification Concerning the Disclosure of Environmental Review Summary

Integra Group has requested the European Bank of Reconstruction and Development (the “EBRD”) to provide financing for (i) purchase of drilling, seismic and cementing equipment to allow the Company to renew its assets to provide advanced technical solutions to its clients; (ii) modernise and re-equip manufacturing facilities in Kostroma and Tyumen to  improve their energy efficiency standards; and (iii) refinance short-term liabilities to improve balance sheet structure and reduce cost of funding for the Company. In accordance with EBRD’s Environmental Policy, environmental investigations have been undertaken to assess the current environmental status of the site and environmental impacts associated with the project. The investigations showed that the the planned facilities and operations are being designed to meet Russian Federation and EU environmental standards. The project will provide efficient mitigation of environmental impacts.

In the context of EBRD’s potential participation in the project, Environmental Review Summary (ERS) of the project has been placed at the following locations accessible to public:
CJSC “Integra Management”, 6, prospect Vernadskogo, Russia 119311

EBRD, One Exchange Square, London EC2A 2JN, UK
The ERS will also be available in English on the EBRD website at www.ebrd.com

ERS Integra