Ust-Luga Company to Create Subsidiary
OREANDA-NEWS. November 13, 2009. The Board of Directors of Ust-Luga Company JSC has made the decision to create a subsidiary: Kingisepp Ecological Company.
At the Coordinating Council on construction of Ust-Luga Sea merchant port of June 3, 2008, Ust-Luga Company JSC committed itself to develop the ecological infrastructure of the port with regard to waste management.
The new subsidiary is to solve the entire complex of environmental problems arising in connection with development of Ust-Luga Sea merchant port. It involves centralized collection and disposal of wastes, ongoing monitoring of the ecological situation in the area of the port complex, centralized control of strict compliance with the requirements of environmental control bodies on the part of all the companies working in the port.
The first stage of project implementation involves organization of selective collection and accumulation of various wastes on a specialized site, their utilization and partial sorting.
The share of participation of Ust-Luga Company JSC is 51%.
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