Projects

Novoyeniseiskiy
Wood-Chemical Complex

Undisclosed

Indebtedness

2017

Project duration

Russia

Geographies

Complex asset review of one of the largest wood processing groups in Russia

Novoyeniseiskiy Wood-Chemical Complex is a leading Russian full-cycle wood processing business.
The group was in a dire financial situation as a result of poor financial results and inefficient investments, which led to a significant debt burden.

Proxima Capital Group conducted a financial and technical review of the group’s assets in order to identify opportunities for growth and options to restructure the group’s bank debt. In particular:

Audited the group companies’ financial models
Developed a consolidated financial model taking into consideration preconditions for possible restructuring
Conducted a financial due diligence of the group
Evaluated the existing plant condition and estimated the capital expenditures necessary to complete ongoing investment projects
Estimated the capital expenditures necessary to support the group’s target production capacity

Role
PCG