VEB provides 9.68 billion rubles during May of 2016 for implementing investment projects

16 june 2016 года
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According to the data as of June 1, 2016, VEB funds 189 investment projects, with the actual funds used under the projects amounting to 1.8 trillion rubles.

Funds are provided regularly according to the schedule for 2016, only in May, borrowers received 9.68 billion rubles. All decisions on major credit transactions are in the competence of Vnesheconombank’s Supervisory Board, with its next sitting being scheduled for late June. The Bank’s Development Strategy up to the year 2021 is to be considered at this sitting.

In accordance with its new Development Strategy Vnesheconombank is to focus its efforts on such top-priority lines of activity as providing support for exports, high-technology industry and infrastructure. New requests are being considered at the Bank, with particular attention being given to optimizing risk assessment system.


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E-mail: press@veb.ru

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Joint statement on a decision by a meeting of the Arkaim JV (LLC) pool of creditors

10 june 2016 года
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On June 2, 2016, there was a meeting of the Arkaim JV LLC creditors. The meeting made a decision to appeal to an Arbitration Court of the Khabarovsk Territory for instituting proceedings in bankruptcy at the wood processing complex of Arkaim.

In the current situation at the company, the decision made is the only chance to save the company as a unified production entity, prevent downsizing and dismissal of workers, ensure the continuation of production cycle and guarantee the company’s workload. The institution of proceedings in bankruptcy is caused by the need to get the company out of the crisis, ensure uninterrupted output of products,transfer tax payment to the Territory’s budget and meet claims by a pool of creditors includingVnesheconombank, Sberbank, Bank Vozrozhdenie, VTB, Rosselkhozbank.

The Arkaim Joint Venture LLC is one of the largest timber processing complexes of the Far East. Its core activity is logging and manufacturing of sawn materials in the Khabarovsk Territory.


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Phone: +7 (495) 608-46-93, Fаx: +7 (499) 975-21-34
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Vnesheconombank Group and the Government of the Rostov region discuss results of their joint work on the region’s development

9 june 2016 года
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The third session of the Working Group on Monitoring the Implementation of Joint Action Plans of Vnesheconombank Group and Supreme Government Executive Authorities of the Russian Constituent Entities was held at Vnesheconombank under the chairmanship of Vnesheconombank Deputy Chairman Irina Makieva. The session was devoted to a comprehensive development of the Rostov region’s territory.

In the attendance of the session were Deputy Governor of the Rostov region Yuri Molodchenko, heads of the region’s line ministries as well as initiators of investment projects.

In the course of the session its participants summed up the results of implementing Vnesheconombank Group’s and the Rostov region Government’s Joint Action Plan for May of 2015 - April of 2016. Heads of ministries and Vnesheconombank’s core subdivisions shared information on the current status of investment projects recommended by the Government of the Rostov region for consideration by Vnesheconombank. The session’s participants discussed issues of supporting small and medium-sized enterprises as well as cooperation in public private partnership in the Rostov region and identified prospects for further cooperation.

The joint action plan of Vnesheconombank Group and the Government of the Rostov region for a comprehensive development of the Rostov region’s territory for a period of 2013- 2018 was approved in September of 2013. The Working Group was set up to monitor the implementation of joint action plans of Vnesheconombank Group and supreme government executive authorities of the Russian constituent entities. The Working Group is comprised of Vnesheconombank’s and its subsidiaries’ representatives: JSC The Export Insurance Agency of Russia , LLC The Russian Direct Investment Fund, PJSC Svyaz Bank, JSC GLOBEX BANK, JSC SME Bank, LLC VEB Capital, LLC VEB Engineering , OJSC The Federal Center for Project Finance and OJSC VEB -Leasing.


Press Office
Phone: +7 (495) 608-46-93, Fаx: +7 (499) 975-21-34
E-mail: press@veb.ru

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VEB to provide guarantees on credits for purchasing Sukhoi Superjet 100 aircraft

8 june 2016 года
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The Russian Government approved a procedure for providing state guarantees on state credits of Iluyshin Finance Co. for purchasing SSJ-100 passenger aircraft.Russian Prime Minister Dmitry Medvedev signed a relevant resolution.

Vnesheconombank - an agent for the Russian Government – is to be engaged for providing state guarantees.

A decision made is designed toencourage production and sales of Sukhoi Superjet 100 aircraft.


Press Office
Phone: +7 (495) 608-46-93, Fаx: +7 (499) 975-21-34
E-mail: press@veb.ru

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Vnesheconombank releases its quarterly bulletin "Sustainability in DFI and IFO"

2 june 2016 года
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CONTENTS OF THE ISSUE

PROMOTING SUSTAINABILITY WORLDWIDE

Green financing and investment in green infrastructure projects will be a key agenda during China’s presidency in the Group of Twenty (G20) in 2016. (p. 8)

TOWARDS A GREEN ECONOMY FOR RUSSIA

Russia’s coal industry needs to align with new environmental principles. (p. 13)

SUSTAINABILITY RATINGS AND RESEARCH

Russia ranked 32nd in the global Environmental Performance Index. (p. 19)

SUSTAINABILITY IN VNESHECONOMBANK

The topic of the latest meeting of The Expert Council of Vneshecnombank was Climate Agreement: New Conditions and Prospects for Business. (p. 24)

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