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Environmental Protection

The impact of a project on the natural environment is one of the significant aspects taken into consideration, during the process of analyzing and evaluating an export project that is to be supported by export insurance guaranteed by the State Treasury. The consideration of a project´s environmental impact by KUKE S.A. not only reflects Poland´s policy of supporting sustainable development in the area of exporting goods, services and technology, but is also a component of risk assessment related to a respective transaction. Our goal is to support projects that do not entail significant negative consequences for the natural environment or of a social nature.

The environmental procedures applied by the Corporation have been adapted to comply with the OECD recommendations.

Within the framework of export insurance backed by the State Treasury, each application for insurance of an export contract financed by the supplier credit or buyer credit with a repayment term of two or more years submitted by an exporter or bank financing an export contract is subject to preliminary selection - on the basis of environmental protection requirements. Selected projects related to the export of investment goods and services, depending on the value of the contract, type of project, its location and potential impact on the natural and social environment, are assigned to one of the following categories - A, B or C, based on its potential environmental impact, i.e.:

Category A - projects where the implementation may potentially have a significant negative environmental impact and projects to be implemented in sensitive areas or their vicinity,
Category B - projects where the implementation may potentially have a negative environmental impact, but significantly lower than a Category A project,
Category C - projects where the implementation has a minimal impact or no impact on the natural environment.

The principles of selection, classification and evaluation of applications are described in the document KUKE S.A. Environmental Procedures for Insuring Export Loans with a Repayment Term of Two or More Years. In order to ensure access to information and transparency of environmental procedures, we have included information on our website on Category A and B projects that received support and environmental impact of Category A projects currently under consideration.

List of projects notified ex-ante

The Corporation has received an application concerning the following project:

Construction of a power plant in Macedonia

Files available for download (PDF): Environmental Assessment Report

More information is also available on the Euler Hermes website. The information was made public on 31.10.2007.

Project: The mining and production complex of construction aggregate with a port
Description and location: Construction of a mining and production complex of construction aggregate with a port (embankments, loading equipment, a site for storing of aggregate) in Republic of Karelia, Russian Federation.
Download: Environmental Impact Assessment Report www.wiedemann.com.pl/karelia The information was made public on 3.03.2008.

Project: Modernization of a pigs farm
Description and location: The subject of the project is an extensive renovation and technical modernization of a pigs farm - approx. 34 000 pigs a year in the Russian Federation, the Republic of Bashkortostan. The scope of work includes supply of machinery and equipment and performing construction and assembling works.
Classification according to impact on the environment: A
Download: Environmental Impact Assessment Report The information was made public on 23.12.2009.

List of projects notified ex-post

Project: Turnkey project - construction of a plywood factory
Description and location: Russian Federation
Classification according to impact on the environment: B

Project: Construction of the first phase of an “A” class logistic park
Description and location: Construction of a 20 611 m2 high-storage warehouse in the Russian Federation
Classification according to impact on the environment: B

Project: Construction of a waterpark
Description and location: Construction of a 64 000 m2 tourist and amusement complex on the island of Phuket in Thailand
Classification according to impact on the environment: B

Project: The execution of construction works of the office and commercial building with underground parking places and the transforming substation
Description and location: Construction of an office building with a commercial area, 14 floors plus 2 technical floors and 2-level underground car park for 112 parking places. The building shall be located on the land of 6.230 m2, the overall above-ground area of 39.231 m2, the overall underground area of 4.942 m2, Gogola-Engelsa Street, Yekaterinburg, Russian Federation.
Classification according to impact on the environment: B

Project: Construction of residential building with commercial premises
Description and location: Construction of residential building with commercial premises and an added on two-storey parking lot with all of the accompanying networks and equipment in Saint Petersburg, Russian Federation.
Classification according to impact on the environment: B

Project: Construction of hotel and A-class office building
Description and location: Sankt Petersburg, Russian Federation
Classification according to impact on the environment: B

Project: Construction of a hotel
Description and location: construction of a hotel and multi-level car parking in Minsk, Belarus
Classification according to impact on the environment: B

Project: Construction of a residential complex
Description and location: Construction of a residential complex consisting of 9 residential buildings, underground parking places and accompanying network and equipment in Khimki, Russian Federation
Classification according to impact on the environment: B

Project: Construction of a warehouse
Description and location:Construction of a warehouse for the wholesale of computers and respective components in Dzerzhinsky, Russian Federation
Classification according to impact on the environment: B

Project: Construction of a residential block of flats
Description and location: Construction of a residential block of flats with built-in premises and attached indoor parking with amenities in Sankt Petersburg, Russian Federation
Classification according to impact on the environment: B

Project: Construction of a hotel complex
Description and location: Construction of a hotel complex in the neighbourhood of Vnukovo International Airport, Moscow, Russian Federation
Classification according to impact on the environment: B

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