A PARTNER OF CHOICE FOR RUSSIAN COMPANIES

Global expertise

Public Disclosure Authorized Local know-how We Help Our Clients Succeed In a Changing World

 IFC in

Russia became a member of IFC in 1993. Over the past 17 years, IFC’s investment in Russia has totaled $5.3 billion, including $1.5 billion in syndicated loans, in 217 projects across a variety of sectors. Our current committed investment portfolio in Russia is $2.24 billion, which makes it the fourth largest country exposure for IFC globally. Our investments support key sectors, including , infrastructure, manufacturing, oil, gas and mining, telecommunications and information technologies, agribusiness, retail, and health care. In FY10, IFC invested $770 million in Russia, and our commitments in FY09 were $512 million.

IFC’s commitment to the long term success of our clients

IFC clients benefit from a broad range of advisory services which help support their long term growth. We provide technical expertise to Russian companies on better production, management and financial risk mitigation, and help link them as efficient suppliers to larger producers. We advise Russian companies and banks on corporate governance and environmental and social issues to help

Public Disclosure Authorized them grow their businesses and make them more attractive to investors. We work with Russian banks to introduce new product lines such as financing for energy efficiency and renewable energy projects, and to improve risk management and distressed asset management..

IFC’s commitment to the development of Russia’s private sector

Leveraging the expertise of the World Bank Group, IFC has developed strong working partnerships with government agencies, NGOs and key private sector stakeholders to strengthen regulatory foundations and relevant laws that govern private sector development and improve Russia’s business environment, particularly for small and medium enterprises and energy efficient investments of Russian companies. Our new initiatives include supporting development of renewable energy and residential energy efficiency.

 IFC’ strategic focus in Russia

Through a combination of investment and advisory services we will continue to partner

Public Disclosure Authorized with clients in strategic sectors crucial for Russia’s long-term sustainable development, with a particular focus on:

x infrastructure,

x value-added manufacturing,

x banking and financial services,  x sub-national finance, IFC's Committed Portfolio in Russia x agribusiness,

3000 2718 x health and education, 2238 2218 2240 1973 Across all sectors, IFC prioritizes investment 2000 in Russia’s less-developed regions and in projects which contribute to greater economic Public Disclosure Authorized $mln diversification. IFC is also focused on 1000 developing the markets for energy efficiency and renewable energy through integrated 0 investment and advisory programs. 2006 2007 2008 2009 2010  SELECTED IFC PROJECTS IN RUSSIA



Board Project Project IFC Financing, Project Date Cost, mln mln Description Dec-10 Orient Express Bank $75.0 $75.0 Convertible loan to support growth strategy Aug-10 Brunswick Wagon Leasing $455.0 $125.0 Loan, syndicated loan and equity to finance expansion of rail car fleet Jun-10 Otkrytie $100.0 $100.0 Equity to support consolidation of Russian banks Jun-10 Transcapitalbank $164.0 $82.0 Loan and Syndicated loan to help the bank diversify its funding base Jun-10 Globaltrans (2nd project) $248.0 $30.0 Loan to finance acquisition of new gondola (open top) cars Apr -10 Pulkovo €1200.0 €150.0 Loan and syndicated loan to support reconstruction of Pulkovo airport on the basis of PPP Apr-10 Russian Hotel Investments BV €98.5 €30.0 Equity and loan to support development of five mid-market hotels in Russia Mar-10 Republic of Mariy El (2nd project) Rub 1515 Rub 600.0 Loan to support in the Republic’s core road network and refinance short term debt Dec-09 Energomera $20.0 $10.0 Loan to support modernization of producer of components for solar power generation Dec-09 Borets $230.0 $50.0 Loan to support expansion and modernization of the electrical submersible pumps producer Dec-09 Avtokran $88.0 $27.0 Loan to support modernization program of the leading producer of truck mounted cranes Nov-09 FactorRus $75.0 $15.0 Equity and loan to a greenfield factoring company in Russia Nov-09 Center-Invest (4th project) $40.0 $40.0 Loans to residential energy efficiency and agribusiness finance, trade finance guarantee Nov-09 Vodokanal Rub 500.0 Rub 500.0 Loan to complete several on-going wastewater infrastructure investments Oct-09 Kulon Yugros €30.5 €9.9 Debt financing to build a logistics warehouse and office facility near Mineralnye Vody Oct-09 FORUS swap $13.0 $13.0 Currency swap with a regional microfinance bank Sep-09 Vyksa $250.0 $70.0 Loan to support energy efficient modernization Sep-09 Megalogix (2nd project) $170.0 $30.0 Loan and cyndicated loan to build Class A warehousing facility in the city of Rostov on Don Jun-09 KuAZ Energy Efficiency (3rd project) $40.0 $20.0 Loan to finance modernization and energy efficiency program Jun-09 B.A.C. $50.0 $22.0 Equity, loan and warrants to support development and regional expantion of an IT company Jun-09 Mytischi Heating Rub 300.0 Rub 300.0 Loan to finance renovation of boilers and heating system in the city of Mytischi Jun-09 Bank Yuzhniy Region $1.5 $1.5 Equity to support consolidation of banks in the South of Russia Mar-09 Chuvash Health (3rd project) $15.5 $7.3 Loan to support the Chuvash Republic’s health care sector capital expenditure program Sept-08 Kronostar (3rd project) €120.0 €60.0 Loan and syndicated loan to expand production capacity and environmental protection Jul-08 Macquarie Renaissance Infrastr. Fund $1,000.0 $100.0 Equity to established a fund that will investment in infrastructure in Russia and CIS Jul-08 Asian-Pacific Bank $39.0 $39.0 Equity and loan to expand operations in Russian Far East and East Siberia Jul-08 LOCKO Bank (2nd Project) $65.0 $65.0 Loan and syndicated loan to expand SME finance Jun-08 MDM Bank (3rd project) $535.0 $535.0 Loan to expand energy efficiency finance and syndicated loan May-08 Posuda LLC $80.0 $40.0 Loan to support construction of glass factory May-08 Home-Center $138.5 $67.0 Loan to expand Do-it-Yourself supermarkets chain in Russian regions Apr-08 Nitol-Solar $450.0 $75.0 Loan to support construction of polysilicon factory Feb-08 Belgrankorm $246.0 $80.0 Loan and equity to support company’s expansion in poultry, pork and diary sectors Feb-08 New Medical Center (2nd project) $36.0 $12.0 Loan to build a new 40-bed hospital in Jan-08 JSC Medicina $96.7 $50.0 Loan to building a new 130-bed general hospital and modernize outpatient facility Dec-07 Petropavlovsk-Kamchatski $70.0 $27.0 Loan to finance capital investment program in transport and social infrastructure Nov-07 Vostok-Energy $150.0 $50.0 Financing to expand production Nov-07 Electro-Com $50.0 $37.5 Financing to expand the capacity and coverage of the network Aug-07 NBD Bank (5th project) $15.0 $15.0 Loan to on-lend to SMEs and energy efficiency projects Apr-07 Norum Russia Fund III €100.0 €15.0 Equity investment in fund investing in fast-growing small and medium-sized companies Mar-07 Prof-Media Russia $300.0 $50.0 Loan to help finance growth of diversified entertainment media group Jan-07 Concordia $79.0 $25.0 Loan, syndicated loan for construction and operation of new meat processing plant in Dec-06 Pilkington Glass (2nd project) €254.0 €42.5 Loan to finance construction and operation of greenfield float glass plant in the Nov-06 Russian Standard Bank (6th project) $50.0 $50.0 Securitization of car loan assets and receivables of a leading consumer finance Jul-06 Rusfinance Bank $100.0 $49.0 Partial credit guarantee to enhance a Ruble-denominated bond issue Jul-06 Promek-bank $100.0 $50.0 Partial credit guarantee (50%) of the ruble bond issue Jun-06 Eurosib Terminal (2nd project) $180.0 $119.5 Loan, subordinated loan and syndicated loan to finance construction of six container Jun-06 Europlan (2nd project) $20.0 $20.0 Loan to expand leasing operations in Russia Mar-06 Mortgage-backed securitization (VTB) $100.0 $25.0 Purchase of mezzanine-level notes to support to the first mortgage-backed securitization in Mar-06 Alliance Oil Company $100.0 $25.0 Loan to modernize refinery, expand retail network, logistics infrastructure, geological Mar-06 Trio Invest LLC $57.0 $20.0 Loan to build an A-class automated low temperature warehouse and distribution facility Feb-06 Uralvneshtorgbank $18.0 $18.0 Senior and syndicated loans and loan to finance energy efficiency projects Dec-05 Sibacadembank (2nd project) $10.0 $10.0 Loan to expand SME and retail lending operations in Siberia Nov-05 Kupol $460.0 $35.0 Loan to develop the greenfield Kupol deposit Jun-05 Absolutbank $25.0 $25.0 Loan to support mortgage program and equity to strengthen capital base Jun-05 Uralsib Bank $30.0 $30.0 Loan to expand lending to medium-sized private Russian companies Apr-05 Russki Mir (2nd project) $264.0 $100.0 Loan and syndicated loan to develop and construct the Taman LPG/Fuel Oil terminal Apr-05 Peter Hambro Mining Pls $50.0 $15.0 Equity to support exploration of a gold deposit Apr-05 KMB Bank (2nd project) $12.0 $12.0 Loan and subordinated loan to expand SME finance and support capital base Feb-05 Kronospan (2nd project) €322.0 €70.0 Loan to set up a particleboard line and a melamine facing line in Egorievsk, Russia July-04 Credit Bank of Moscow $15.0 $15.0 Loan for on-lending to SMEs and expansion of mortgage lending program May-04 Lebedyansky $87.0 $35.0 Loan to modernize facilities and expand production May-04 Societe Generale Vostok $95.0 $95.0 Loan to support the Bank’s leasing and mortgage lending operations Jan-04 Severstaltrans $40.0 $40.0 Loan to develop additional rail freight capacity in Russia May-03 Raiffeisen Bank Russia $80.0 $80.0 Credit line to expand residential mortgage on-lending Nov-02 Ru-Net $12.0 $6.0 Equity to build an IT-services company Dec-00 Baring Vostok Fund $175.0 $15.0 Equity to establish a private equity fund to invest in FSU countries Feb-98 Mosenergo $180.0 $32.0 Loan to finance completion of pump-storage hydro power station * Project approved by IFC’s Board of Directors but not yet signed by client. ** Project cost and IFC financing refer to amounts approved by IFC’s Board of Directors.

36, Bld 1, Bolshaya Molchanovka str. Moscow 121069 Russia

T: +7 495 411 7555 ifc.org IFC0409