- London, Great Britain
- Year of initial investments:
- Controlling shareholding
The company aims to implement an aggressive growth strategy by developing its existing proven reserves, and through mergers and acquisitions.
The company was established in 2005 by Russian entrepreneurs and Baring Vostok Private Equity Fund III, to consolidate oil and gas assets in the Volga Region.
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, announces its half yearly results for the six months ended 30 June 2012.
Baring Vostok Private Equity Fund IV invested 50 million dollars to support further growth of Tinkoff Credit Systems (TCS).