Sergey Maltsev
Murmansk (RUS)
Role(s):
Founder/Owner/Principal
Nord-Intel LLC
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Startup
Location:
Murmansk
Industry:
Manufacturing
Year Founded:
1999
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
The active enterprise, founded in 1999, has the project of expading its business in field of recycling worn out tires and polymeric waste. It's supposed to create two new production spaces in Murmansk and in Krasnojarsk, Russia. New production power will allow to utilize 30000 t of rubber and polymeric waste per year with annual turnover US $18600000. The venture will manufacture 24000t of rubber crumb and finishing commodity from rubber. Besides, the alternative production of construction materials from sand-polymeric mix and the most required products such as oil sorbents for water surfaces purification, as well as sport covers, black liquid fuel, thermal power, etc. will be being manufactured.
IRR of the project 32%, the term of recoupment of capital - 60 months. The annual profit is expected not less than US $5600000. Marketing requirements now are exceeding the existing production power in 100 times in Russia. The agreements are achieved with a number of customers. The technology is fine-tuned using the native equipment. It is ready to be started realizing immediately. The required loan amount is US $16.000.000 for 120 months with the grace period 12 months.
There is a total business plan. The management teem is strong skilled and ready to breakthrough. As a result the project is out of risk of loss.
Please, contact me with any questions and additional information requests.