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RWM Capital embarks on a MSW Management project in Krasnoyarsk

31.07.2018

RWM Capital in collaboration with the Cashalot Group (Krasnoyarsk) is going to start a MSW Management project in the Krasnoyarsk region. The Krasnoyarsk Recycling Company (which has recently become part of the RWM Capital Investment Group) has been chosen by the Ministry of Ecology and Natural resources of the Krasnoyarsk region to provide waste management and recycling services in the Levoberezhnaya Technological Valley in Krasnoyarsk.

“At present RWM Capital is working together with the governments of the Moscow, Sverdlovsk, and Chelyabinsk regions as well as with local businesses on the projects with the aim of enhancing the quality of life in cities and towns making them truly liveable on a day-to-day basis and boosting their local economies,” said Feliks Blinov, CEO of the RWM Capital Investment Group. “Apart from that, the Company has acquired professional competencies in the area of MSW recycling on a large scale – the fact which enabled us to suggest setting up a MSW Management Project one third cheaper than it had been suggested before. To do that, we have just built a financial model with all the unnecessary detail stripped away.”

The Krasnoyarsk Recycling Company will start their work at the beginning of 2019. However, before that, the Company has a lot to do. The preliminary activities will include dealing with local transportation businesses in order to choose a suitable partner; carrying out a cost analysis and cost negotiating with both the local government and future customers; making an inventory of existing storage spaces and handling the problem of illegal dumping in the area.

“We are not saying it is a one-day job. But with the experience we possess it will not present a big challenge to schedule the above mentioned activities in the most efficient way possible. As soon as the actual contract is signed, we will launch our approved investment project. At the first stage it is our intention to invest RUB 180m.

“Our major objective is to provide our customers with a full-circle service taking MSW away from garbage bins outside their homes up to a recycling site. In partnership with RWM Capital, we believe we will be able to create an effective and eco-friendly MSW management system in Krasnoyarsk,” said Ilya Ilyin, CEO of the Cashalot Group.

This project has become possible thanks to the new environmental regulations introduced to the Russian legislation in 2016. In accordance with them, the regions of Russia will receive a new MSW Management system which is to be executed by chosen recycling companies. All the regions are to start using the new system by 1 January 2019.

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