Salt Lake Cove is located in Avacha Bay, jutting out into the northeast coast of Rakovaya Bay, 8.5 kb to NNE from North Cape. The entrance to the cove allows you to go to different ships, the depth at the entrance of 6-7 m. The cove is protected from all winds and waves.

Limited Liability Company “Salt Lake Cove”

Contact office: Russia, 683010, Kamchatsky krai, Petropavlovsk-Kamchatsky city, Nikifor Boyko street, 25. The registration date is May 26, 2008.

Founders:

1. Lobachev S.A. - share in the authorized capital of 100%.

100% paid. There are no encumbrances or debts to the state.

Head:

General Director Lobachev Sergey Alekseevich

Tel .: +7 (4152) 30-17-61, 8-917 562 7573

The main activity of the company:

 extraction of aquatic biological resources, processing and production of frozen, canned and salted fish products.

Enterprise assets:

The lease of land for 48 years, all the rest of the building and the land under the buildings in the property.

The building of the plant with the fish shop = 1558.3 sq. M.

Plot of fish factory = 2544 sq. M.

The building of the refrigerator plot = 1,364 sq. M.

Pier - the moorage for steamboats = length 127 meters, area 897 sq. M.

Total total area of the plant = 6364 sq. M.

Number of staff:

- administrative and management personnel - 8 people.

- production staff - 120 people (reserve personnel for admission to work).

 Total full staff of fish workers. plant 128 people (work in two shifts, 24 hours), excluding seafarers on ships.

  

 THE FACTORY DOES NOT WORK AT THE MOMENT, IT IS STANDING ON CONSERVATION UNDER PROTECTION.

PROJECT DESCRIPTION

Project Goals

1. Organization of the fishing industry intended for the development of the economy of the Kamchatka region, creation of up to 128 jobs, renovation of the fishing fleet of the fishing industry, development of coastal fish processing, using advanced technologies and equipment for fishing and fish processing

2. For the perspective of the construction of modern, fishing, transport and fish-processing vessels in the amount of three units;

3. Comprehensive modernization of fish processing coastal enterprises with equipment for the production of canned and smoked fish products, storage of frozen fish products up to 2500 tons with infrastructure, the creation of a container terminal in Vladivostok for intermediate storage of fish products before it is sent to central regions of Russia by railway transport.

4. Sale of fish. products and seafood to Asia-Pacific countries and Europe.

Project location: Kamchatsky Krai, Petropavlovsk-Kamchatsky

Duration of the project: 2018.g.

Investment budget:

 It is: purchase of the plant 220 million rubles. + Additional equipment 35 million rubles. + purchase of one ocean trawler 150 million rubles. + one crab vessel 75 million rubles. + two small fishing trawlers for coastal fishing 70 million rubles. +, unforeseen expenses of 1.5 million rubles + purchase of quotas for catching various fish of 65 million rubles.

Total for the purchase of the entire company including all assets with the necessary re-equipment and equipment and the acquisition of the necessary mining ships, the investment will amount to 404.5 million rubles. approximately 6.2 million dollars.

 100% of the investment budget, the return period is not more than 3 years ..

Project start: December 2018

Implementation of the project, with the allocation of funds, will begin from December to April 2019 - the commissioning of a modernized fish processing coastal enterprise, a 2500 tn refrigerator. for storage of fish products, four fishing vessels, the beginning of fishing and coastal fish processing.

The purpose of a business project:

for the second and subsequent years - ensuring full utilization of production capacity to achieve the maximum catch of raw fish, develop a wide range of deep processing of fish products, obtain commercial profits, complete the project with full repayment of loan obligations.

MAIN OBJECTIVES OF THE PROJECT

   Estimated performance of the fish processing complex. Kamchatka * Salt Lake Cove *

After upgrading and upgrading (increase in freezing capacity up to 100 tons / day. Fish processing plant, production facilities allow to obtain high profits from the sale of the main types of fish products produced at the enterprise as indicated below: raw fish per day. Fishing time: white fish (table No. 1) - from January 1 to May 31, from October 1 to December 31 - a total of 8 months. Acceptance of red fish (table No. 2) - from June 1 to September 30 - 4 months.

Table number 1 (white fish)

п\п	Name of fish products	Production and Production Costs   1 kg of production (cost price), rub.	average price 1 kg of fish products in P-Kamchatsky, rub.	Profit from 1 kg of fish products, rub.	Daily catch, kg	Daily output, kg	Proceeds from sales, rubles / day.             For one day of work
1.	Pollock fresh-frozen headless	27	70	33	50 000 -50%	30 000	2 100 000 - 00
2.	Fresh-frozen cod headless	30	85	55	17 000 – 17 %	10 200	867 000 – 00
3.	Flounder, fresh-frozen, decapitated	32	70	38	17 000 – 17 %	10 200	714 000 - 00
4.	Terpug –Kun fresh-frozen headless	27	70	33	16 000 – 16 %	9 600	672 000 - 00
5.	Fresh-frozen pollock fillet	40	120	80		2 000	160 000 - 00
6.	Crusted pollock roe fresh frozen	20	170	150		1 500	255 000  - 00
	Total per day				100 тн	63 500	4 768 000 -00
	Total for the month				3 000 тн	1 905 000	143 040 000 -00
	Total for 8 months				24 000 тн	15 240 000	1 144 320 000 -00

 

 

 

п\п	Name of fish products	Procurement and production costs   1 kg of production (cost price), rub.	average price 1 kg of fish products in P-Kamchatsky, rub.	Profit from 1 kg of fish products, rub.	Daily catch, kg	Daily output, kg	Proceeds from sales, rubles / day.
1.	Pink salmon without a head	70	140	70	8 000	4 800	336 000 -00
2.	Fresh-frozen chum salmon without a head	70	170	100	8 000	4 800	480 000 -00
3.	Chinook fresh-frozen headless	80	190	110	8 000	4 800	528 000 – 00
4.	Fresh-frozen whitefish Headless	80	195	115	8 000	4 800	552 000 -00
5.	Kizhuch fresh-frozen headless	70	170	100	8 000	4 800	480 000 -00
6.	Red salmon salted caviar	450	1850	1400		2 000	2 800 000 -00
	Total per day				40 000	26 000	5 176 000 -00
	Total for the month				1200 000	780 000	155 280 000-00
	Total for 4 months				4800 000	3120 000	621 120 000-00

                                                                                                                                                                                                            Table number 2 (salmon species)

Total revenue for the year of operation of the plant and vessels on white fish and salmon: 1,765,440,000 rubles. (28314418 US dollars at the rate of 21.05.18.d), we take away all costs and taxes 40% we get a net profit of $ 16,988,651

On crab boiled frozen prickly - thorny: 500tn. it is 500 000 kg., we sell at a price of $ 15 per 1 kg. , we get $ 7 500 000 gross profit, the net profit from the sale of approximately $ 3 500 000.   500 tons can be caught in 2 months.

Work on squid, you can catch squid for 4 months, on average you can master 3000 tons during this time. The selling price of not cut frozen squid to 3 dollars. kg in this variant it turns out $ 9 000 000 gross, net profit can be 4.5 million dollars.

If you do deep processing of squid, namely, peeled and carcass and tentacles, then the average total sale price will be within 400 rubles. kg or 6.45 dollars. kg , for 2500 tons of finished peeled squid, a gross of 16,125,000 dollars is obtained. You can have a net profit of 8 000 000 dollars. Four months.

 

MISSION

Starting a highly profitable business, creating additional jobs, improving the range of retail trade by developing smoked delicatessen fish, canned goods, introducing advanced technologies of fishing, fish processing,

preservation of the environment through the introduction of non-waste fish processing technologies.

MARKET ANALYSIS

The planned wholesale sales market of products is characterized by a fairly high degree of competition between wholesale buyers for the right to work on long-term contracts with suppliers with a large volume of sales. The increase in sales of products on a clear and consistent with the buyer delivery schedule, knowledge of the specific requirements of customers: the range of finished products, packaging and labeling, the use of a trademark, strengthens the image of the company and strengthens its position in the foreign trade market.

The whole process of work will depend on the new owner of the company, which fish products will be caught, which product range will be produced and to whom it will sell fish products.

We will assist in the selection of specialists both at the fish factory and in the fleet.

For the delivery of fish. products to Europe are now possible by the Northern Sea Route.

   Consumer market segmentation:

To maximize the profitable component of income from sales of products, a segment of the consumer market has been determined by geography:

• South Korea, China, Japan

 .                                                   •       Primorsky Krai

• Central Russia

Channel Analysis:

The participants of the distribution channel of products are planning wholesale trading companies that have a high proportion in the comparative volumes of imports and fish products in the national markets (both in Russia and in the APR countries).

COMPETITION

Analysis of internal competitors:

Potential competitors of the enterprise in the APR, taking into account the planned volume of production and wholesale sales in principle can be such companies as:

• Holding company "Moreproduct" (Vladivostok)

• Okeanrybflot OJSC (Petropavlovsk-Kamchatsky)

However, taking into account the fact that the flotilla of these companies are directly managed by foreign companies (USA, Hong Kong) with their own sales channels and a pronounced focus on markets in the USA, Europe, competition in the markets of South Korea, China, Japan is unlikely.

Основные конкуренты:

• Holding company "Moreproduct" (Vladivostok)

• Okeanrybflot OJSC (Petropavlovsk-Kamchatsky)

The sale of products of these companies is carried out by large wholesale. Data on the market share and profit level is missing.

Competitive prices:

The products planned for delivery to the markets of Salt Lake Cove LLC are both traditional for wholesale customers, manufactured according to uniform technology and standards, having no

large difference in price, and new, retail products for the end consumer at average market prices.                                                                                                       

 

SOLUTION TO THE PROBLEM

An exceptional feature of LLC “Salt Lake Cove” will be the presence of its own mining and processing fleet, as well as the onshore processing enterprise with a 2500-ton refrigerator for interseasonal storage of seafood with their further processing and sale in the domestic market. Vladivostok will allow, without delay, to deliver the company's products with its own transport refrigerator, to ensure its storage and reloading into refrigerated wagons and shipment by rail to central regions of Russia for further implementation. The presence of a canning line, a smoke production will ensure the rhythmic supply of ready-made delicatessen products, canned fish, both to local and regional markets of Russia and the Asia-Pacific countries.

In addition, it provides for the extraction of unlimited Pacific squid in the Peter the Great Bay (Primorye) and the Karaginsky region of Kamchatka, with the release of both frozen squid carcass and gourmet peeled squid.

 BRIEF OVERVIEW OF PRODUCTION STRATEGY

. Expenditure part

       1. The wage bill including taxes - 1,300,000 rubles.

2. Handlers including taxes - 2,100,000 rubles.

3. Electricity - 1,000,000 rubles.

4. Water and sewage - 50,000 rubles.

5. Heat - 70.000 rubles.

6. Waste removal - 800,000 rubles.

7. Snow removal - 200,000 rubles.

8. Container - 1.040.000 rubles.

9. Auxiliary. materials, detergents, adhesive tape, etc. - 85.000 rub.

10. The cost of the planned repairs of equipment and communications - 150.000 rubles.

11. Chemistry - 500.000 rubles

12. Unregistered and unforeseen expenses - 150,000 rubles.

                                                                            Total: 7.345.000 rub.

Mining fleet

  1). will consist of one freezer trawler, extracting up to 100 tons of fish per day. Place of construction: Volkswerft Stralsund (German Democratic Republic, Stralsund).

Year built: 1985, Flag of the Russian Federation

            Length is the greatest, m: 62,25

            Power gd 2400 hp (two 1200 each)

            Factory freezing 50 tons per day

            The hold capacity is 350 tons of frozen products and 30 tons of fishmeal.

           Crew 46 people

 

2) and two medium trawlers for catching in the coastal zone up to 120 tons per day (pollock, cod, flounder, halibut, smelt, shell) and delivery to the processing plant in Petropavlovsk-Kamchatsky. Built: Japan Japan 1989.7 / 1992.7

Dimensions: 27.00 x 6.50 x 2.75 x 1.8m

Gld.dv Niigata 6M26AFTE 950 liters. with.

The capacity of the hold of one vessel is 60 tons.

The crew of one ship 15 people

 

3) Crab Boat

       On the basis of the project SRTM-1994 year built Khabarovsk Russian flag

       Overall length (m) 54,82

       Gross gross tonnage 734 tons

       Net hold capacity 250 tons

       Main engine 1 x 1160 hp

       Freeze daily 25 tons

       Crew of 28 people

. 4) Coastal fish processing enterprise -

- production up to 2 tons / day of delicious fish products of hot and cold smoked in a / v small packaging;

- production of up to 15 tons / day of frozen fillet from pollock, cod, flounder of block freeze in high-quality packaging;

- production of canned red fish, pollock roe, red caviar, pollock liver and cod liver up to 36,000 tubes / day, salmon fillet production up to 15 tons per day, production of frozen various fish 80 tons per day. All employees 128 people                                                                                                  

Scope of activity and industry:

The activity of Salt Lake Cove LLC is determined, first of all, by the strategic plan for the development of the Russian fisheries industry as part of the implementation of the Program for the Development of the Fisheries Complex of the Kamchatka Territory for a Long-Term Period.

 

Implementation strategy:

     To achieve the set performance indicators, the following activities are required:

• Acquisition of modern equipment that provides output at the level of world standards.

• The introduction of continuous quality control, sanitation and hygiene, ensuring the release of competitive products on the world market.

• Entry into international markets for frozen fish products.

 

      The raw materials for the production of fish products are: pollock, cod, flounder, herring, pink salmon, chum salmon, sockeye salmon, squid, crab with subsequent processing and production of frozen, canned and smoked fish products. The provision of raw materials is made through the organization of independent fishing, as well as the purchase of raw materials from local fishing organizations (salmon).

      The company will receive a share of quotas of aquatic biological resources for a period of 15 years, distributed by the Federal Agency for Fisheries of the Russian Federation. The deadline for applying for quotas is December 31, 2018. 

Position	professional requirements
director	practical experience in enterprises    fishing industry 18 years
Deputy fleet directors	Engineer master, experience of practical work in the fleet    18 years
Technical Director	Mechanical engineer, experience    25 years
Financial director	Specialist with a degree in economics, experience    practical work in industry 29 years
Deputy production director	Engineer technologist fish production, experience in    fishing industry 25 years
Captain Mentor	Engineer master, experience in the navy 25 years
Mechanic Mentor	Mechanical engineer, experience in the Navy 25 years
Secretary-Assistant,    inspector ok	Specialist with a university degree in law and experience    administrative work 10 years

№№	Position	amount
1	Captain	5
2	Major assistant	5
3	Chief engineer	5
4	Mechanics and mechanics	16
5	Electrician	4
6	Sailors	18
7	Sailors fish processing	56
	Total production staff	109

INITIAL FINANCIAL COSTS

№№		Наименование мероприятий		Стоимость, USD
Initial costs
1	Purchase of Japanese-Korean trawler 2 pieces per 100 t / day of raw, hold 120 tons		950 000
2	Inspection of ecology and fish conservation		5 000
3	STM freezer trawler Germany		1 200 000
4	Fishing gear, trawl control systems, field supply, bunkering, crew salaries and other current expenses		950 000
5	Customs duty 5%, 18% VAT		50 000
6	Complex modernization of coastal fish processing enterprise		500 000
7	Ship Krabolov		1 000 000
8	Spare parts - filters, gaskets, pistons, connecting rods		100 000
9	Certificate for the sale of products in the APR countries		10 000
10	Renewal of various documents		10 000
11	Re-flagging and presentation to the RF register		150 000
12	Allocation of quotas for catching aquatic biological resources for 15 years		1 200 000
13	Fee for raw materials for the company fishing for 5 years		50 000
14	Working capital for business activities		100 000
	Total		6 275 000 $

   TERRITORY OF THE FORWARD DEVELOPMENT OF THE FAR EAST - BENEFITS

Russia has created new territories of advanced development in single-industry cities. A number of these TORs (TASED) provide special conditions for fishing, fish farming, fish processing and related industries. For all new TOR legal entities will be required to invest at least 2.5 million rubles in investment projects within a year after being included in the list of residents and create at least 10 jobs.