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.

Other projects

News

11 November 2019

Media Statement.

Baring Vostok statement regarding the decision of the Moscow City Court to refuse changes to Ivan Zyuzin's and Vagan Abgaryan's pre-trial detention measures.
06 November 2019

Media Statement.

Baring Vostok statement regarding the decision of the Moscow City Court (Mosgorsud) to prolong the pre-trial detention of Maxim Vladimirov.
29 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the house arrests of Michael Calvey and Philippe Delpal.
09 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the pre-trial detention of Maxim Vladimirov.
09 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the house arrests of Michael Calvey and Philippe Delpal.
02 September 2019

Media Statement.

Baring Vostok statement on the court decision to arrest Evison’s remaining shares of Vostochny Bank.
15 August 2019

Media Statement.

Mosgorsud took the only possible reasonable decision today, transferring Philippe Delpal to house arrest. The court also claified some of the restrictions relating to Michael Calvey’s continued house arrest.