This large sector covers the production and sale of consumer goods, as well as various consumer services including electronic commerce and health care. Since 1996, Baring Vostok funds have invested over $400 million in 13 companies from this sector.
Location:
Moscow, Russia
Year of initial investments:
2018
Shareholding:
Minority stake

The Papa John’s restaurant chain is represented by PJ Western, master-franchisee in Russia, CIS and Central Europe. As of March 2018, in the territory of Russia, CIS and Poland there are 151 restaurants, 87 of which belong to the chain in Russia, 51 open on franchise in Irkutsk, Krasnoyarsk, Angarsk, Kemerovo, Tomsk, Tumen, Krasnodar, Tver, Vladimir, Novosibirsk, Kazan, Samara, Togliatti, Sochi, Ekaterinburg and Obninsk.

The first Papa John’s restaurant in Russia was launched in December 2003. By the start of 2018, PJ Western staff comprised of more than 2,000 employees. The company also has its own car park for delivery services. Papa John’s is among the top three pizza delivery outlets in Russia and 75% of orders are received online – the highest index among all 45 countries where the chain operates.

Other projects

News

14 June 2019

Media Statement.

Baring Vostok funds are very concerned about potential violations with the bank’s formal approach to meeting the Central Bank requirements, and about continuing issues with Vostochny’s asset quality that may require an additional RUB 10-15 billion of provisions be created.
21 May 2019

Media Statement.

BVCP statement on the decision to deny Philippe Delpal’s appeal regarding the form of pre-trial detention.
17 May 2019

Media Statement.

BVCP statement on ruling by Amur Court of Arbitration.
06 May 2019

Media Statement.

BVCP statement regarding court refusal to change form of detention for Michael Calvey.
29 April 2019

Media Statement.

BVCP statement concerning the rejection of appeal against prolongation of the pre-trial detention.
11 April 2019

Media Statement.

Baring Vostok welcomes the decision to release Michael Calvey to house arrest.
10 April 2019

Media Statement.

BVCP statement regarding pre-trial detention of Ivan Zyuzin, Vagan Abgaryan and Maxim Vladimirov.