On Increasing Charter Capital

25 december 2009 года
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In accordance with Russian Government’s Instruction the Russian Finance Ministry made a contribution of 21 billion rubles to the charter capital of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’.

At present, Vnesheconombank’s charter capital is 383.5 billion rubles.

 

Origin: Press Office of Vnesheconombank
Contact person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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On Commissioning the Second Stage of the Sochi Thermoelectric Power Station

24 december 2009 года
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A ceremony of commissioning the second stage of the Sochi thermoelectric power station was held today. The power station expansion project was implemented by OJSC INTER RAO EES jointly with Vnesheconombank.

The total value of the project was about 5.1 billion rubles, with Vnesheconombank’s financing amount being 3.7 billion rubles.

The Sochi thermoelectric power station is one of the most modern and energy-efficient electric power stations in Russia. This project’s financing is in line with the Memorandum on Vnesheconombank’s Financial Policies in the field of energy infrastructure and implementation of projects aimed at enhancing energy efficiency.

The second stage of the Sochi thermoelectric power station is the first facility to have been commissioned as part of preparations for the 2014 Olympic Games. The Sochi thermoelectric power station is the most important facility to supply the city of Sochi with energy. It is included in the government program of constructing Olympic facilities and developing the city as a mountain climatic resort.

Vnesheconombank is one of the main creditors of the construction of Olympic facilities. Vnesheconombank has started to finance five Olympic facilities. The amount of credit resources extended to finance the said projects is more than 11 billion rubles.

 

Origin: Press Office of Vnesheconombank
Contact person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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