Founding Documents оn Establishing Russian-Italian Joint Venture – OJSC Household Appliances Plant Signed

14 march 2007 года
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Press Release, 14.03.2007

Today, on March 14, in the course of Russian President Vladimir Putin’s visit to Italy Merloni Projetti and OJSC Litintern Consult signed a package of founding documents to establish a Russian-Italian Joint Venture – OJSC Household Appliances Plant in the city of Orsk.

The document was signed by Vnesheconombank Chairman Vladimir Dmitriev, OJSC Litintertn Consult General Director Yuri Radchenko and Merloni Projetti President Aristide Merloni.

The company’s initial authorized capital is to be paid by contributing movable and immovable assets as well as monetary funds and will amount to 10 million euros, with Vnesheconombank’s share being 10%, Merloni Projetti’s – 19% and OJSC Litintern Consult’s – 71%.

Establishing a joint venture to manufacture household appliances is an essential step in promoting Russian-Italian economic cooperation designed to boost exports of Russian household appliances and reduce the Russian economy’s reliance on imports.

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93. Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

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Vnesheconombank Holds 2007 Ice Matches Sports Festivities

3 march 2007 года
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On March 3, Vnesheconombank’s traditional 2007 Ice Matches Sports Facilities were held in the Krylatsky Palace of Sports. This year about 3.5 thousand people attended the sports festivities. In his address Vnesheconombank Chairman Vladimir Dmitriev greeted guests and competitors.

“I am really happy that our invitation to participate in the sports festivities were taken up not only by our friends and partners from Sberbank (the Savings Bank) but also by Vneshtorgbank, Export-Import Bank (Roseximbank), the Russian Development Bank, the Kazakhstan Development Bank, our colleagues from Uzbekistan and executives from the China State Development Bank. This year, Vnesheconombank holds the presidency of the Interbank Association within the Shanghai Cooperation Organization. Today’s event gives us the chance to further promote cooperation. Besides, today’s event is one of the many moves designed to support Sochi’s bid to host the Winter Olympics,” he said. 

Senior executives who participated in the consultations betweens SCO Interbank Association member banks in Moscow were among the guests at the sports festivities.

The highlight of the events was a Bandy Challenge Cup Tournament. There were two teams competing: Vnesheconombank and the Savings Bank of Russia (Sberbank). Sberbank’s team won the Tournament.

The climax of the sports festivities was “Dances with Stars” – pair figure skating of Vnesheconombank’s stars and figure skating world medallists Alexandr Zhulin and Anastasia Grebekina. Before the exhibition figure skating, the Bank’s employees were rigorously selected and they had to do hard training. There were three winners.

The 2007 Ice Matches proved to be a truly momentous event, they put all gusts and competitors in a cheerful and happy mood. The Bank’s employees and members of their families took an active part in sporting and entertaining contests, ice games, curling, figure skating, and skate slalom. 

 

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93. Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

 

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