Project summary and targets
Establishment of manufacturing of the 1st hydrolytic class full cycle medical glass
with subsequent manufacturing of medical glassware (vials, bottles). The project
envisages installation of two furnaces for melting borosilicate glass tubes with the
total capacity of 12,960 tons per year. Establishment of a successful, cost-effective,
efficient modern complex for production of 1st hydrolytic class borosilicate glass
with the subsequent manufacturing of medical glassware (vials, bottles, carpules)
of various volumes in the Republic of North Ossetia-Alania.

Project initiator
Limited Liability Company PO «Topaz -2»
132 Vatutina st., Vladikavkaz, Republic of North Ossetia- Alania, 362002
tel.: 8(8672) 33-11-00, 33-70-63, моб. +7 (928) 074-15-02,
e-mail: .(JavaScript must be enabled to view this email address),
Director General - Mr. Felix Petrovich Gogaev

Project implementation area
132 Vatutina st., Vladikavkaz, Republic of North Ossetia-Alania, 362002

Targeted production
Medical borosilicate glass products of the following volumes:
Vials - 1, 2, 3, 5, 10, 20 ml
Bottles - 5, 10, 20 ml
Carpules (cartridges) - 1.5, 1.8, 3.0 ml
Glass tube with the diameter of 10 mm
The project capacity - 12.96 thous. tons per year.

Potential consumers
Pharmaceutical companies will be the main consumers.

Total project value
Grand total: 8500,0 mln RUB including: 1 stage - 2 419,9 mln RUB; 2 stage -
968,0 mln RUB; 3 stage - 242,0 mln RUB; 4 stage - 2 016,7 mln RUB; 5
stage - 2 420,0 mln RUB.

Project investment period
1 stage - 14 months; 2 stage - 18 months; 3 stage - 6 months; 4 stage -
8 months; 5 stage - 8 months.
Project payback period - 56,4 months

Current status of the project implementation
Elaboration of the business plan and financial model of the business development
has been completed. Preliminary technical permit for the construction is available.

Possible forms of participation in the project
Direct investments, project financing