State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” was established in 2007 in conformity with Federal Law On Bank for Development” through a transformation of Bank for Foreign Economic Affairs of the USSR.
Bank for Development is one of the key instruments for implementing the state economic policy aimed at removing infrastructure restrictions that impede economic growth, enhancing efficient utilization of natural resources, developing high-tech industries, unleashing innovative and industrial potential of small- and medium-sized enterprises (SMEs) and ensuring support for exports of industrial goods and services.
Vnesheconombank participates in implementing projects that are of priority importance for the development of Russia’s economy, but which, for a number of reasons (huge volumes of investment resources required, complexity, long payback periods) experience resource shortage. Vnesheconombank delivers support for projects both through directly extended loans and credits, including project co-financing with other financial institutions, and by issuing guarantees and sureties.
Rosneft is the leader of Russia’s petroleum industry, and one of the world’s largest publicly traded oil and gas companies. The Company is primarily engaged in hydrocarbon exploration, production of oil, gas and condensate, offshore field development projects, hydrocarbon refining, marketing of oil, gas and oil products in Russia and abroad, and investment activity.
Rosneft is widely engaged in exploration and production across all the key hydrocarbon regions of Russia. The plans of Rosneft to develop Russia’s shelf, including the Arctic shelf, have a special place among its projects. In addition, the Company participates in 35 international projects on practically all continents. Rosneft’s 11 refineries are located throughout the country, from the Black Sea coast to the Far East, and 7 outside the Russian Federation. Their retail network covers 54 regions of the country, with service stations also found in Italy, Ukraine and Belarus.
Rosneft is one of the largest investors in Russian economy and the largest taxpayer in Russia. The fundamental principle of Rosneft business activity is the environmental responsibility.
Sberbank of Russia is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.
Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, as well as generation and marketing of heat and electric power.
Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.
Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 70 per cent respectively. Gazprom accounts for 15 and 78 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.
Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 161 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.
Gazprom is the only producer and exporter of liquefied natural gas in Russia. The Company’s share in the global LNG output stands at 5 per cent.
The Company is among Russia’s five largest oil producers and it is the largest owner of power generating assets in the country. These assets account for 17 per cent of the total installed capacity of the national energy system.
Gazprom pursues the strategic objective of establishing itself as a leader among global energy companies by entering new markets, diversifying its activities and ensuring reliable supplies.