Russia and the region are endowed with one of the world’s most diverse and rich reserves of natural resources. Baring Vostok funds have actively invested in energy and forestry companies starting from the early privatisation projects of the 1990s, and later with the establishment of Burren Energy, an international oil company with assets in the Caspian region, in Africa, India and the Middle East. Since 1994, The funds have invested in a total of 18 projects related to natural resources, with total investments approximately $450 million .
Syktyvkar LPK

Syktyvkar LPK

One of Russia’s largest producers of pulp and paper products. The company is today a part of the Mondi group, a department of Mondi Business Paper. Exited in 2002
Location:
Syktyvkar, Russia
Years:
1995-2002
Shareholding:
Minority
Control in consortium
Exit:
Sale to a strategic investor

In spring 2002, Syktyvkar Wood Processing Plant was sold to Mondi Europe, allowing the company to become the largest producer of office paper in Europe.

Syktyvkar Wood Processing Plant is one of the largest plants in the paper and pulp industry in Russia. The First NIS Regional Fund purchased shares soon after the company’s privatisation.

Reorganisation plan:

  • Modernisation programme resulted in the termination of various non-core activities, implementation of an integrated IT system, and an increase in the quality and range of products.
  • Syktyvkar Plant became a modern, specialised high-tech enterprise. The plant was the first in Russia to produce A4-standard office paper.
  • The plant was able to access foreign markets. Production doubled in five years, and its profit margins rose from 12% to 38%, despite a drop in pulp and paper prices.

Other projects

News

31 January 2017

Nostrum Oil & Gas: Operational Update for the Fourth Quarter and the Twelve Months ending 31 December 2016.

Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its operational update for the twelve months period ending 31 December 2016. This update is being issued in advance of the release of Nostrum’s consolidated accounts for the same period. The information contained in this update remains subject to review by the independent auditors.
02 May 2012

AVITO.ru closes $ 75 million fund-raising from Accel Partners and Baring Vostok Private Equity Fund IV to accelerate Russian expansion.

<p>AVITO.ru, the largest online classifieds website in Russia, announced today that it has received $75 million in new funding from Baring Vostok Private Equity Fund IV, Accel Partners, and existing investors Kinnevik and Northzone. The new funds will be used to further fuel the company’s strong growth throughout Russia and to continue attracting world-class talent.</p>

Nostrum Oil & Gas: Full Year Results for the Year Ending 31 December 2014.

Nostrum Oil & Gas PLC (“Nostrum”, and together with its subsidiaries the “Group"), an independent oil and gas exploration and production company with assets in north-western Kazakhstan, today announces the full-year financial results for the twelve months ending 31 December 2014 of Nostrum and the Group, together with its 2014 Annual Report.