DOCSLIB.ORG

Acquisition & Leveraged Finance in CEE and Russia

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Acquisition & Leveraged Finance in CEE and Russia Acquisition & Leveraged Finance in CEE and Russia 25th & 26th April 2007 • Hilton Hotel, Prague To register for this event please complete your details below: 5 EASY WAYS TO REGISTER presents Full Registration Fee E1,899 Early Bird Registration Fee* E1,749 Acquisition & *(Register before 1st March 2007 and save E150) www.euromoneyseminars.com/alf07 Please note that only Russian entities are required to pay VAT + VAT @18% Total Remittance [email protected] Leveraged Finance +44 (0) 20 7779 8603 +44 (0) 20 7779 8999 in CEE and Russia Complete and return to: Monika Iglewska 25th & 26th April 2007, Hilton Hotel, Prague Euromoney Seminars, Nestor House, Playhouse Yard, London, EC4V 5EX, UK For further information on sponsorship or exhibition opportunities please contact Bruce Robertson Tel: +44 (0)20 7779 8912 Fax: +44 (0)20 7779 8603 Email: [email protected] Please quote ELE837 on all correspondence (PLEASE PRINT) METHOD OF PAYMENT ;<C<>8K<( Payment may be made in one of four easy ways – please tick the appropriate box 4 Title/First Name/Last Name: 1. Please debit my CREDIT CARD Position: Organisation: Card No: Address: Mastercard Visa Amex Diners Club An unrivalled and complete review of the key structures and Postcode: Country: Expiry Date: / players in acquisition and leveraged finance across the region Tel: Fax: Card Verification Check: (last 3/4 digits printed on signature strip of card) Email: Cardholder’s Name: ;<C<>8K<) Our eminent speaker panel includes: Signature: Title/First Name/Last Name: 2. Payment by BANK TRANSFER should be made through Lloyds TSB Bank Plc, • Jacek Siwicki, President, Enterprise Investors • Robert Nespurek, Partner, Havel & Holasek Position: Organisation: City Office, PO Box 72, Bailey Drive, Gillingham Business Park,K ent, ME8 0LS, UK • Steven Buckley, Managing Partner, Innova Capital • Jirˇí Bohal, Director, Acquisition Finance Unit, CSOB Beneficiary: Euromoney Seminars Account No: 86116918 • Leslie Hawrylyshyn, Co-Managing Partner, • Kirill Dmitriev, Managing Director, Address: Sort code: 30-12-18, IBAN No: GB 80 LOYD 301218 86116918 Euroventures Ukraine Delta Private Equity Partners Swift Address: LOYD GB2 LCTY quoting ELE837. All charges to be paid by sender. • Franz Hörhager, Executive Director, • David Plch, Partner, White & Case, Prague Postcode: Country: 3. CHEQUES should be made payable to Euromoney Seminars. A receipted invoice will be Mezzanine Management • Zdzisław Wie˛ckowski, Partner, White & Case, Warsaw Tel: Fax: sent to all delegates. • Dana Schweigelova, Partner, Glatzova & Co • Valery Doronin, Director, Troika Capital Partners • Simon Hood, Joint Head Leveraged Loans and Mezzanine, • Radim Stach, Partner, Riverside Europe Email: 4. INVOICE me (please note this option is only available on bookings made before 11th April European Credit Management • Nikolaus Bethlen, Investment Officer,Mid Europa Partners 2007, after this date credit card details are required). Please photocopy this form for additional delegates. • Jirˇí Benes, Investment Director, 3TS Capital Partners • Istvan Szoke, Partner, Advent International The information you have provided will be safeguarded by Euromoney Seminars who will use it to keep you informed of relevant Seminars in the future. Please tick how you would prefer to receive future information Please complete and return this form together with a copy of your credit card number, bank transfer • Ludek Palata, Vice President, Riverside Europe • Marcin Hejka, Director, Strategic Investments, Mail Fax Email and fax back this form to +44 (0)20 7779 8603. We may wish to make your details or cheque, payable in E to Euromoney Seminars, and send by post or fax to: Euromoney Seminars, available to sponsors of this particular event, or to other reputable organisations who may wish to contact • Gavin Ryan, Partner, KD Private Equity CEER, Intel Capital you. Please tick this box if you would prefer your details to remain confidential and fax back this form to Nestor House, Playhouse Yard, London EC4V 5EX, UK • Anna Hejka, Partner, MCI Management SA • Robert Feuer, Principal, Warburg Pincus International LLC +44 (0)20 7779 8603. Euromoney Seminars is part of the Euromoney Institutional Investor PLC Group, who may also use your data to keep you informed of relevant products and services both domestically and • Tel: +44 (0) 20 7779 8999 • Fax: +44 (0) 20 7779 8603 • Nigel Williams, Chairman, Royalton Partners • Anthony Saint, Global Head of Specialised Finance, internationally. If you object to being contacted by telephone , fax or email in respect of this, please tick • Email: [email protected] • www.euromoneyseminars.com/alf07 the relevant box and fax back this form to +44 (0)20 7779 8603. • Lech Gilici´nski, Partner, White & Case Standard Bank • Rob Irving, Partner, White & Case, Budapest • Ingo Bleier, Managing Director, Loan Syndication ADMINISTRATIVE INFORMATION • Jaroslav Horak, Chairman, Czech Venture Capital Austria & EEMEA, Unicredit Markets & Investment Acquisition & Leveraged Finance in CEE and Russia • 25th & 26th April 2007 • Hilton Hotel, Prague Association / Partner, DBG Eastern Europe Banking / Bank Austria Creditanstalt AG CANCELLATION POLICY: VENUE: If you cannot attend you must cancel your registration in writing Hilton Prague by 11th April 2007 to receive a refund less a 10% administration For immediate information on Probrezni 1 charge. We cannot accept verbal cancellations. Cancellations this and related events, please call our Hotlines 186 00 Prague 8 Exclusive Lead Sponsor: Associate Sponsors: Refreshment Break Sponsor: received after 11th April 2007 are liable for the full conference UK +44 (0)20 7779 8999 Czech Republic fee. We suggest you send a substitute to attend in your place at or Tel: +420 224 841 111 no extra charge. USA TOLL FREE Fax: +420 224 842 378 REGISTRATION FEE: The registration fee includes participation in the Conference, USA +1 800 437 9997 TRAVEL & ACCOMMODATION: lunches and documentation material, which will be distributed at (free from within the USA) For all accommodation please contact the reservations team at the beginning of the event. All bookings are considered binding or Banks Sadler on +44 (0)1904 682639 or email Supported by: on receipt of the booking form. [email protected]. Banks Sadler have USA +1 212 224 3570 negotiated preferential room rates on behalf of all Euromoney TM CANNOT ATTEND? delegates and look forward to assisting you with the best or alternatively email Please pass this brochure on to a colleague or you can purchase accommodation for your budget. Please mention that you E the documentation for 500 (inclusive of courier despatch). If your [email protected] are attending Euromoney Seminars’ Acquisition & Leveraged company is registered within the EU please supply your VAT number. Finance in CEE and Russia conference. www.euromoneyseminars.com/alf07 Day One, 25th April 2007 8.30 Registration and refreshments 9.00 Opening remarks from the Chairman Zdzisław Wie˛ckowski, Partner, White & Case, Warsaw 9.10 Keynote opening address: Investment opportunities in the Central Eastern European mid-cap market Jaroslav Horak, Chairman, Czech Venture Capital Association / Partner, DBG Eastern Europe 9.30 Keynote address: Structuring leveraged acquisitions in Central and Eastern Europe – developing trends Lech Gilici´nski, Partner, White & Case 9.50 Panel discussion: How large is the growth potential in leveraged and acquisition finance across the region? • Which sectors show the greatest investment potential and why? • Which are the countries to watch in the next 12 months? • Will the transaction values keep on growing? • How interesting is the region to large international private Acquisition & equity investors? • Institutional investors – are they warming up to the region? • How large is the growth potential for the next 12 months? Leveraged Finance • What potential threats may arise in 2007/2008? Jacek Siwicki, President, Enterprise Investors Kirill Dmitriev, Managing Director, Delta Private Equity Partners in CEE and Russia Simon Hood, Joint Head Leveraged Loans and Mezzanine, 25th & 26th April 2007 • Hilton Hotel, Prague European Credit Management Gavin Ryan, Partner, KD Private Equity The CEE mid market companies which emerged Radim Stach, Partner, Riverside Europe in the early 90s present a great investment 10.30 Panel discussion: Crucial differences between financing acquisitions in CEE and Western Europe opportunity to local and international investors. • The importance of local know-how and relationships Ongoing economic development and relative • The relationship between debt providers and financial sponsors political stability have turned these once small • The role of intermediaries • Risks pertinent to the region start-ups into market leaders on a European • Are pension and insurance funds ready to commit to the region? scale. • Local versus international investors • Availability of debt Moderator: Annica Lindegren, Partner, White & Case, Frankfurt The CEE and Russian markets are evolving Steven Buckley, Managing Partner, Innova Capital as private equity funds undertake ever-larger Leslie Hawrylyshyn, Co-Managing Partner, transactions, and local and international Euroventures Ukraine Jirˇí Benes, Investment Director, 3TS Capital Partners banks enter the CEE buy-out market. The first Valery Doronin, Director, Troika Capital Partners leveraged deals have now been finalised and Nikolaus Bethlen, Investment Officer, Mid Europa Partners
Load more

Recommended publications
  • Концепция Проведения Kazansummit 2012
    Preliminary draft KAZANSUMMIT 2012: Economic Cooperation of Russia and OIC countries Day 1 (May 17, 2012) Pyramid Convention Hall 09.00 – 12.30 Organizers: Tatarstan Investment Development Agency, The Council of STRATEGIC Federation of the Russian Federation FORUM Session 1: Economic relations as a foundation for strengthening ties between Russia and OIC countries. SULEYMAN Citing Quran Translated to Russian & 09.00 – 09.05 HAZRAT English Chairman of KAZANSUMMIT Goals, objectives and history of Organizing Committee, 09.05 – 09.10 LINAR YAKUPOV the International Summit - Chief Executive of the KAZANSUMMIT Tatarstan Investment Development Agency RUSTAM Republic of Tatarstan as a pilot President of the Republic of 09.10 – 09.20 MINNIKHANOV region of the Russian Federation Tatarstan Chairperson of the Federation Prospects of economic VALENTINA I. Council of the Federal 09.20 – 09.30 cooperation between Russia MATVIENKO Assembly of the Russian (To be confirmed) and OIC countries Federation EKMELEDDIN Practical procedure of Secretary General of the 09.30 – 09.35 IHSANOGLU cooperation between the OIC Organization of Islamic (To be confirmed) and Russia Cooperation Chairman of the Senate of Cooperation of the Republic of 09.35– 09.45 КAYRAT MAMI the Republic of Kazakhstan (To be confirmed) Kazakhstan with OIC countries Chairman of the ABDULLA IBN Legal principles of ethical Consultative Council of the 09.45 – 09.50 MUHAMMAD AL business Kingdom of Saudi Arabia ASH-SHEIKH Parliaments of the Islamic Deputy Chair of the ILYAS world for the establishment of Federation Council of the 09.50 – 10.00 UMAKHANOV a favorable business and Federal Assembly of the investment climate Russian Federation 10.00 – 10.30 COFFEE BREAK Session 2: Russia and OIC countries: trade and investment.
    [Show full text]
  • Minority Views
    MINORITY VIEWS The Minority Members of the House Permanent Select Committee on Intelligence on March 26, 2018 submit the following Minority Views to the Majority-produced "Repo11 on Russian Active Measures, March 22, 2018." Devin Nunes, California, CMAtRMAN K. Mich.J OI Conaw ay, Toxas Pe1 or T. King. New York F,ank A. LoBiondo, N ew Jersey Thom.is J. Roonev. Florida UNCLASSIFIED Ileana ROS·l chtinon, Florida HVC- 304, THE CAPITOL Michnel R. Turner, Ohio Brad R. Wons1 rup. Ohio U.S. HOUSE OF REPRESENTATIVES WASHINGTON, DC 20515 Ou is S1cwart. U1ah (202) 225-4121 Rick Cr.,w ford, Arka nsas P ERMANENT SELECT C OMMITTEE Trey Gowdy, South Carolina 0A~lON NELSON Ellsr. M . S1nfn11ik, Nnw York ON INTELLIGENCE SrAFf. D IREC f()ti Wi ll Hurd, Tcxa~ T11\'10l !IV s. 8 £.R(.REE N At1am 8 . Schiff, Cohforn1a , M tNORllV STAFF OtR ECToq RANKIN G M EMtlER Jorncs A. Himes, Connec1icut Terri A. Sewell, AlabJma AndrC Carso n, lncli.1 na Jacki e Speier, Callfomia Mike Quigley, Il linois E,ic Swalwell, California Joilq u1 0 Castro, T exas De nny Huck, Wash ington P::iul D . Ry an, SPCAl([ R or TH( HOUSE Noncv r c1os1. DEMOC 11t.1 1c Lr:.11.orn March 26, 2018 MINORITY VIEWS On March I, 201 7, the House Permanent Select Commiltee on Intelligence (HPSCI) approved a bipartisan "'Scope of In vestigation" to guide the Committee's inquiry into Russia 's interference in the 201 6 U.S. e lection.1 In announc ing these paramete rs for the House of Representatives' onl y authorized investigation into Russia's meddling, the Committee' s leadership pl edged to unde1take a thorough, bipartisan, and independent probe.
    [Show full text]
  • Russia and Saudi Arabia: Old Disenchantments, New Challenges by John W
    STRATEGIC PERSPECTIVES 35 Russia and Saudi Arabia: Old Disenchantments, New Challenges by John W. Parker and Thomas F. Lynch III Center for Strategic Research Institute for National Strategic Studies National Defense University Institute for National Strategic Studies National Defense University The Institute for National Strategic Studies (INSS) is National Defense University’s (NDU’s) dedicated research arm. INSS includes the Center for Strategic Research, Center for the Study of Chinese Military Affairs, and Center for the Study of Weapons of Mass Destruction. The military and civilian analysts and staff who comprise INSS and its subcomponents execute their mission by conducting research and analysis, publishing, and participating in conferences, policy support, and outreach. The mission of INSS is to conduct strategic studies for the Secretary of Defense, Chairman of the Joint Chiefs of Staff, and the unified combatant commands in support of the academic programs at NDU and to perform outreach to other U.S. Government agencies and the broader national security community. Cover: Vladimir Putin presented an artifact made of mammoth tusk to Crown Prince Mohammad bin Salman Al Saud in Riyadh, October 14–15, 2019 (President of Russia Web site) Russia and Saudi Arabia Russia and Saudia Arabia: Old Disenchantments, New Challenges By John W. Parker and Thomas F. Lynch III Institute for National Strategic Studies Strategic Perspectives, No. 35 Series Editor: Denise Natali National Defense University Press Washington, D.C. June 2021 Opinions, conclusions, and recommendations expressed or implied within are solely those of the contributors and do not necessarily represent the views of the Defense Department or any other agency of the Federal Government.
    [Show full text]
  • Russia's Contribution to G20 Summitry
    Russia’s Contribution to G20 Summitry John Kirton and Dilbar Sadykova G20 Research Group August 27, 2013 Russia’s contribution to Group of Twenty (G20) summit governance is significant on several grounds. Russia has been an undisputed full, equal member from the start of the G20 as a forum for finance ministers and central bank governors in 1999, even as it was still excluded from full membership in the older, smaller forum of Group of Seven (G7) finance ministers and had only just been given full membership in the Group of Eight (G8) summit the year before (Kirton 2013). It is the only member of the G20 that is also a member of both the G8 and of the BRICS group of Brazil, Russia, India, China and South Africa, which Russia pioneered at the ministerial level in 2006 and the leader level in 2009. Russia is the first BRICS member to host a G20 summit, which it will do for the eighth summit at St. Petersburg on September 5-6, 2013. The St. Petersburg Summit is one part of the heavy plurilateral summit hosting role that Russia has from 2012 to 2016. In September 2012, Russia hosted the Asia-Pacific Economic Cooperation Forum (APEC) in Vladivostok. On June 4-5, 2014, it will host the G8 at Sochi, as well as the Winter Olympics that year. In 2015 it will host the summits of the BRICS and the Shanghai Cooperation Organization (SCO). Such a hosting agenda creates an opportunity to elaborate and implement an integrated medium-term strategy aimed at developing common approaches to address the global risks of the coming decade and promote the Russian Federation’s interests (Larionova 2012).
    [Show full text]
  • TESTIMONY of ERIK PRINCE Thursday, November
    1 UNCLASSIFIED TESTIMONY OF ERIK PRINCE Thursday, November 30, 2017 U.S. House of Representatives, Permanent Select Committee on Intelligence, Washington, D.C. The committee met, pursuant to call, at 3:05 p.m., in Room HVC-304, the Capitol, the Honorable Mike Conaway presiding. Present: Representatives Conaway, King, LoBiondo, Rooney, Ros-Lehtinen, Turner, Wenstrup, Stewart, Crawford, Gowdy, Stefanik, Hurd, Schiff, Himes, Speier, Quigley, Swalwell, Castro, and Heck. Also Present: Representative Calvert. UNCLASSIFIED 2 UNCLASSIFIED CHAIRMAN CONAWAY: All right. A quorum being present, I call the meeting to order. I'd like to welcome our witness, Mr. Erik Prince. Thank you for speaking with us today. As a reminder to our members, we are and will remain in open session. This hearing will address only unclassified matters. Although the hearing is closed, a transcript will be produced and released to the public. Before we begin, I'd like to take care of a few housekeeping matters. First, without objection, I move that each side shall be given 30 minutes to ask Mr. Prince questions. At each 60-minute interval, I will ask unanimous consent to continue the alternating 30-minute rounds. Without further objection, the chair is authorized to declare a recess of the committee at any time. At this time, I would like the witness to raise his right hand. Thank you, sir. Do you solemnly swear or affirm that the testimony you give before the committee will be the truth, the whole truth, and nothing but the truth, so help you God? MR. PRINCE: I do . CHAIRMAN CONAWAY: Thank you .
    [Show full text]
  • Assessing and Addressing Threats to the US from Sovereign Wealth Funds: Case Studies on the Russian, Chinese, and Saudi Arabian Funds Natalie Coffin
    Claremont Colleges Scholarship @ Claremont CMC Senior Theses CMC Student Scholarship 2019 Assessing and Addressing Threats to the US from Sovereign Wealth Funds: Case Studies on the Russian, Chinese, and Saudi Arabian Funds Natalie Coffin Recommended Citation Coffin,a N talie, "Assessing and Addressing Threats to the US from Sovereign Wealth Funds: Case Studies on the Russian, Chinese, and Saudi Arabian Funds" (2019). CMC Senior Theses. 2173. https://scholarship.claremont.edu/cmc_theses/2173 This Open Access Senior Thesis is brought to you by Scholarship@Claremont. It has been accepted for inclusion in this collection by an authorized administrator. For more information, please contact [email protected]. Claremont McKenna College Assessing and Addressing Threats to the US from Sovereign Wealth Funds: Case Studies on the Russian, Chinese, and Saudi Arabian Funds submitted to Professor Hilary Appel by Natalie Coffin for Senior Thesis Fall 2018/Spring 2019 April 29, 2019 Table of Contents: Acknowledgments 2 Abstract 3 Chapter 1: Introduction 4 Chapter 2: Threat Analysis of Sovereign Wealth Funds to the US 13 Chapter 3: Case Study 1 - The Russian Sovereign Wealth Funds 47 Chapter 4: Case Study 2 - The Chinese Sovereign Wealth Fund 77 Chapter 5: Case Study 3 - The Saudi Arabian Sovereign Wealth Fund 112 Chapter 6: Policy Recommendations & Conclusions 145 Appendix: List of acronyms 159 Bibliography 160 1 Acknowledgments This study would not have been possible without the guidance of Professor Hilary Appel. Professor Appel was extremely courageous in agreeing to advise a government and economics major on what is essentially an international relations thesis. I am incredibly grateful to Professor Appel for her assistance in pursuing this topic.
    [Show full text]
  • Indian Firm to Make 200 Mn Doses of Russia's Sputnik V 22 March 2021
    Indian firm to make 200 mn doses of Russia's Sputnik V 22 March 2021 million people a year, RDIF said. It added that Sputnik V has "production capacity for more than 700 million people secured in 10 countries", without providing further details. According to RDIF, Russia's vaccine, which is named after the Soviet-era satellite, has been registered in 54 countries. Moscow registered the vaccine in August before large-scale clinical trials, but leading medical journal The Lancet has since said it is safe and over 90 percent effective. Credit: CC0 Public Domain Some Western countries have been wary of Sputnik over concerns the Kremlin is using it as a The backer of Russia's Sputnik V coronavirus soft power tool to advance its interests. vaccine said Monday it had signed an agreement with an India-based pharmaceuticals giant for the © 2021 AFP production of up to 200 million doses of the jab a year. The Russian Direct Investment Fund (RDIF), the country's sovereign wealth fund, said in a statement it has partnered with the Virchow Group to produce up to 200 million doses of the two-dose vaccine in India every year. Virchow Biotech, a subsidiary of the Virchow Group, is expected to start full-scale commercial production in the first half of 2021, it said. RDIF CEO Kirill Dmitriev said the agreement was "an important step to facilitate the full-scale local production" of the two-dose Sputnik V vaccine in India and to supply partners around the world. In a separate statement, RDIF said that over the past week it had secured production agreements with two other Indian manufacturers: Stelis Biopharma and Gland Pharma.
    [Show full text]
  • The Fast Approval and Slow Rollout of Sputnik V: Why Is Russia's Vaccine
    Article The Fast Approval and Slow Rollout of Sputnik V: Why Is Russia’s Vaccine Rollout Slower than That of Other Nations? Elza Mikule 1,*,† , Tuuli Reissaar 1,† , Jennifer Villers 1,† , Alain Simplice Takoupo Penka 1,† , Alexander Temerev 2 and Liudmila Rozanova 2 1 Global Studies Institute, University of Geneva, 1205 Geneva, Switzerland; [email protected] (T.R.); [email protected] (J.V.); [email protected] (A.S.T.P.) 2 Institute of Global Health, University of Geneva, 1202 Geneva, Switzerland; [email protected] (A.T.); [email protected] (L.R.) * Correspondence: [email protected] † These authors contributed equally. Abstract: The emergence of the SARS-CoV-2 pandemic in the beginning of 2020 led to the deployment of enormous amounts of resources by different countries for vaccine development, and the Russian Federation was the first country in the world to approve a COVID-19 vaccine on 11 August 2020. In our research we sought to crystallize why the rollout of Sputnik V has been relatively slow considering that it was the first COVID-19 vaccine approved in the world. We looked at production capacity, at the number of vaccine doses domestically administered and internationally exported, and at vaccine hesitancy levels. By 6 May 2021, more first doses of Sputnik V had been administered Citation: Mikule, E.; Reissaar, T.; abroad than domestically, suggesting that limited production capacity was unlikely to be the main Villers, J.; Takoupo Penka, A.S.; reason behind the slow rollout. What remains unclear, however, is why Russia prioritized vaccine Temerev, A.; Rozanova, L.
    [Show full text]
  • The Bank of Russia and RDIF Announce Join Efforts to Create a Fund of Non-Core Assets of Credit Institutions
    12 Neglinnaya Street, Moscow, 107016 Russia 8 800 300-30-00 www.cbr.ru News The Bank of Russia and RDIF announce join efforts to create a fund of non-core assets of credit institutions 24 May 2018 News St. Petersburg, May 24, 2018 - The Bank of Russia and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have signed a cooperation agreement to ensure the growth of Russia's trade, economic and investment potential. A priority area of cooperation will be the participation of RDIF in a project to create a fund (bank) of non- core assets of credit institutions (the "Fund"). This is currently being formed by the Bank of Russia on the basis of the assets of three banks undergoing the financial recovery procedure: Bank TRUST PJSC, ROST Bank JSC and AVB Bank JSC. The Bank of Russia is working on the possibility of RDIF participating in the activities of the created Fund by investing in its equity capital, as well as RDIF representatives sitting on the Board of Directors of the Fund in order to carry out efficient restructuring and attract new investment into the Russian banking sector. During the ceremony, Vasily Pozdyshev, Deputy Chairman of the Bank of Russia, said: "The Bank of Russia welcomes the participation of RDIF in equity and management of the newly established Non-Core Assets Fund. RDIF has all necessary expertise in managing direct investments required for this project. The main goal of attracting RDIF to the management of the Fund is structuring of non-core assets, defining a strategy for their introduction to the market and attracting investors to the projects and assets of the Fund.
    [Show full text]
  • Winter Capital Partners and Russia-China Technology Investment Fund Invest in Algorithmics International School of Mathematics and Programming
    Winter Capital Partners and Russia-China Technology Investment Fund invest in Algorithmics International school of mathematics and programming. Moscow, February 19, 2021 — Winter Capital Partners and the Russia-China Technology Investment Fund announced a joint investment in the international school of mathematics and programming Algorithmics. The investment, made during a Series A funding round, totaled $10 million. In addition to its participation in the investment round, Winter Capital Partners also acquired Algorithmics stakes from a number of minority shareholders. Mail.ru Group also invested in Algorithmics in earlier rounds of financing. Algorithmics plans to use the new funds to develop its educational products, as well as to continue its international expansion and global development by attracting new franchisee partners, opening new schools and increasing the number of its students around the world. Algorithmics offers offline and online teaching classes in programming and mathematics for children, using the school’s own platform and unique methodology. Since its foundation four years ago, Algorithmics has opened its schools in 37 countries around the world. The company has over 200 franchisee partners in more than 250 cities. Using its unique educational content, the company annually trains more than 150 thousand students all over the world. Classes are held on an internally developed interactive IT platform, while the course materials are provided in 11 languages. Big data analysis performed by the platform allows Algorithmics to control educational results and the quality of teachers' work. Andrey Lobanov, the founder of Algorithmics, commented on the deal: “By the end of 2020, Algorithmics had launched in 37 countries and continues to actively expand its international presence.
    [Show full text]
  • RDIF Announces Initial Vaccine Combination Safety Results of Astrazeneca, Sputnik V
    RDIF announces initial vaccine combination safety results of AstraZeneca, Sputnik V 30 July 2021 | News | By Sanjiv Das In August 2021, RDIF and partners will publish initial data in Azerbaijan The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) has announced initial safety results of the world’s first study of a combination between the AstraZeneca vaccine (developed jointly with the University of Oxford) and the first component of the Sputnik V vaccine (Sputnik Light vaccine based on human adenovirus serotype 26) in the Republic of Azerbaijan. The heterogeneous boosting approach ('vaccine cocktail' using human adenovirus serotype 26 as the first component and human adenovirus serotype 5 as the second component) was at the core of Sputnik V, the world’s first registered vaccine against coronavirus. The first partnership of this kind was concluded in December 2020 in the presence of the President of Russia Vladimir Putin. RDIF, The Gamaleya Center, AstraZeneca and R-Pharm signed a Memorandum of Intent aimed at cooperation in vaccine development. Studies on the safety and immunogenicity of the combination of the AstraZeneca vaccine and the first component of the Sputnik V vaccine in Azerbaijan began in February 2021. To date, 50 volunteers have been vaccinated and new participants are invited to join the trial. Interim analysis of the data demonstrates a high safety profile for the combined use of the vaccines with no serious adverse events or cases of coronavirus after vaccination. In August 2021, RDIF and partners will publish initial data on the immunogenicity of the combined use of the AstraZeneca vaccine and the first component of the Sputnik V vaccine in Azerbaijan.
    [Show full text]
  • The Great Oil Convergence
    09-16_041 eng.indd 11 eng.indd 09-16_041 27.09.17 1:08 27.09.17 RELATIONS RELATIONS ia. The meeting was attended by Minister of Foreign Affairs Sergey Lavrov, Minister of Defence Sergey Shoigu, Minister THE GREAT OIL CONVERGENCE THE GOVERNMENTS OF RUSSIA AND of Industry and Trade Denis Manturov, Minister of Energy Al- exander Novak, as well as Rosneft’s CEO Igor Sechin and SAUDI ARABIA HAVE HAD INCREASINGLY ACTIVE ENGAGEMENT IN RECENT YEARS. THE AGENDA FOR RDIF’s CEO Kirill Dmitriev. President Putin had already met King Salman outside Rus- THE UPCOMING BILATERAL TALKS INCLUDES ISSUES SUCH AS A SETTLEMENT TO THE SYRIAN CON— sia during the G20 summit in November 2015. They also met in 2007 when the Russian president visited Saudi Arabia. FLICT AMONG OTHER ISSUES. IT ALSO INCLUDES THE PARTICIPATION OF THE WORLD’S TWO LARGEST The Saudi monarchs do not often make international visits, but King Salman has already made a tour of Asia this year — OIL EXPORTERS IN AN AGREEMENT TO REGULATE OIL PRODUCTION, THE OPEC+ ARRANGEMENTS, the first in half a century. In particular, agreements worth $65 billion were signed in China as part of this visit. In addition, the AS WELL AS THE CHANGING DYNAMICS IN THE GLOBAL HYDROCARBON MARKET. SINCE OIL PLAYS King visited Japan, Indonesia, Malaysia, Brunei and the Mal- dives. In addition to investments in traditional sectors such as AN IMPORTANT ROLE IN THE ECONOMIES OF THE TWO COUNTRIES, RUSSIA AND SAUDI ARABIA energy, the Vision 2030 initiative was also discussed at meet- ings with heads of state and business communities (see page ARE EXPECTED TO STRENGTHEN THEIR BONDS FOR THEIR MUTUAL POLITICAL INTERESTS.
    [Show full text]