Vnesheconombank and Renova Group of Companies JSC signed a cooperation agreement

The signatory on the part of Vnesheconombank was Sergey Gorkov, Chairman of the Board, and the signatory on the part of Renova Group of Companies – Viktor Vekselberg, Chairman of the Board of Directors.

The parties have agreed to work on the possibility of financing projects in the sphere of high tech, innovations and investments in disruptive technologies, including projects aimed at developing Digital Economy, Industry 4.0, Blockchain and Neurotechnologies.

VEB and Renova Group of Companies are going to pay special attention to supporting export of industrial products and services, including information technologies and innovative products.

Transport and energy infrastructure projects as well as high tech public health infrastructure and industrial sites infrastructure projects and projects for the Year of Ecology are regarded as a priority.

According to the document, the projects are to be implemented with the use of co-financing and state support instruments.

For the purpose of cooperation with Renova Group of Companies, Vnesheconombank is ready to develop individual financial solutions, technologies and service conditions taking into account specific nature of the Group’s activity by appointing personal managers to supervise all cooperation issues.

The parties will build task groups to choose and adjust optimal conditions for financing investment projects.