OREANDA-NEWS. June 26, 2013. BALT-AUDIT-EXPERT (the Energy Consulting Group) will draft a business plan and a financial model for the development program of Joint Stock Lena United River Shipping Company for the years 2013-2022.

BALT-AUDIT-EXPERT (the Energy Consulting Group) has won an open tender for the project proposal development in ship construction financing for Joint Stock Lena United River Shipping Company. Within the framework of the project Energy Consulting will draft a business plan and a financial model for the development program of the Company for the years 2013-2022 in compliance with requirements of VNESHECONOMBANK.  
  
BALT-AUDIT-EXPERT renders services in development and maintenance of investment projects implemented by means of obtaining credits in VNESHECONOMBANK. The Company has been selected as the Contractor due to its vast experience in substantiation of long-term programs and projects for clients of VNESHECONOMBANK.   

Lena United River Shipping Company intends to upgrade and update the most part of its vessels.   The investment program is comprehensive. Leonid Zvezdunov, Consulting Practice Manager in BALT-AUDIT-EXPERT, remarks: "For the development of financial models and investment rationale one should take into account the mutual influence of technical and economic indicators of the cargo fleet and infrastructure subsystems that provide river shipping and cargo handling".

Joint Stock Lena United River Shipping Company is one of the largest water transport companies in the Lena Basin. Vessels provide transportation of petroleum products and other cargo for the four constituent entities of the Russian Federation — Republic of Sakha (Yakutia), Irkutsk Region, the Krasnoyarsk Territory and the Chukotka Autonomous District.