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Exhibit 21.1
SUBSIDIARIES
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Company: Jurisdiction:
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<S> <C>
Harbor Global II Ltd. Bermuda
HGC Ltd. Bermuda
Harbor Far East Exploration, LLC Delaware
Closed Joint-Stock Company "Tas-Yurjah Mining
Company" Russia
Closed Joint-Stock Company "Dalplaz" Russia
Harbor Far East Ventures, LLC Delaware
International Closed Joint-Stock Company
"Starma-Holding" Russia
Closed Joint-Stock Company "Starma-Port" Russia
Closed Joint-Stock Company
"Pioneer-Starma-Equipment" Russia
Pioneer Forest, LLC Delaware
Pioneer Forest, Inc. Delaware
Closed Joint-Stock Company "Amgun-Forest" Russia
Closed Joint-Stock Company "Udinskoye" Russia
PREA, LLC Delaware
Polish Real Estate Fund Poland
Pioneer Real Estate Advisors Poland Sp. z o.o. Poland
PBO Property Capital, LLC Delaware
PBO Property Fund, LLC Delaware
PBO Holdings, LLC Delaware
Pioneer Goldfields II Limited Guernsey
PIOGlobal Metals and Technology, Inc. Delaware
Pioneer Omega, Inc. Delaware
Luscinia, Inc. Delaware
Theta Enterprises, Inc. Delaware
Pioneer First Investment Fund Russia
Pioneer First Russia, LLC Delaware
Closed Joint-Stock Company "Pioneer Services" Russia
Closed Joint-Stock Company "Pioneer First" Russia
Open Joint-Stock Company "Pioneer Securities" Russia
PIOGlobal Corporation Delaware
Pioneering Management (Jersey) Limited Jersey
Pioneer Poland US (Jersey) Limited Jersey
Pioneer Poland U.S., L.P. Delaware
Pioneer Poland GP Limited Partnership Delaware
Pioneer Poland UK, L.P. England
Pioneer International, LLC Delaware
Pioneer Investments Poland Sp. z o.o. Poland
Anabasis Enterprises, Ltd. Cyprus
Pioneer Omega (Cyprus) Limited Cyprus
PT Pioneer Ongko Indonesia
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