DOCSLIB.ORG

IMPORTANT NOTICE IMPORTANT: You Must Read the Following Before Continuing. the Following Applies to the Prospectus Following

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
IMPORTANT NOTICE IMPORTANT: You Must Read the Following Before Continuing. the Following Applies to the Prospectus Following IMPORTANT NOTICE IMPORTANT: You must read the following before continuing. The following applies to the prospectus following this page (the "Prospectus"), and you are therefore advised to read this carefully before reading, accessing or making any other use of the Prospectus. In accessing the Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them any time you receive any information as a result of such access. This Prospectus is valid for 12 months from its date. SIBUR Securities DAC (the "Issuer") will, in the event of any significant new factor, material mistake or inaccuracy relating to information included in this Prospectus which is capable of affecting the assessment of the Notes and arises or is noted between the date of this Prospectus and the time at which the Notes are admitted to trading on the Regulated Market (as defined below), prepare a supplement to this Prospectus. The obligation to prepare a supplement to this Prospectus shall not apply following the time at which the Notes are admitted to trading on the Regulated Market. THE PROSPECTUS MAY NOT BE FORWARDED OR DISTRIBUTED OTHER THAN AS PROVIDED BELOW AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER. THE PROSPECTUS MAY ONLY BE DISTRIBUTED OUTSIDE THE UNITED STATES IN ACCORDANCE WITH REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR WITHIN THE UNITED STATES TO QIBs (AS DEFINED BELOW). ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THE PROSPECTUS IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. NOTHING IN THE PROSPECTUS CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES DESCRIBED IN THE PROSPECTUS (THE "SECURITIES") HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1) IN ACCORDANCE WITH RULE 144A UNDER THE SECURITIES ACT ("RULE 144A") TO A PERSON THAT THE HOLDER AND ANY PERSON ACTING ON ITS BEHALF REASONABLY BELIEVE IS A "QUALIFIED INSTITUTIONAL BUYER" WITHIN THE MEANING OF RULE 144A (A "QIB") OR (2) IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT ("REGULATION S"), IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. Confirmation of your representation: In order to be eligible to view the Prospectus or make an investment decision with respect to the Securities, investors must be (i) QIBs or (ii) outside the United States in reliance on Regulation S. By accessing these materials, you shall be deemed to have represented to us that you (i) are a QIB or (ii) are outside the United States. Under no circumstances shall the Prospectus constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities being offered, in any jurisdiction in which such offer, solicitation or sale would be unlawful. Recipients of the Prospectus who intend to subscribe for or purchase the Securities are reminded that any subscription or purchase may only be made on the basis of the information contained in the Prospectus. The Securities are not eligible for placement and circulation in the Russian Federation, unless, and to the extent, otherwise permitted by Russian law. The information provided in the Prospectus is not an offer, or an invitation to make offers, sell, exchange or otherwise transfer the Securities in the Russian Federation or to or for the benefit of any Russian person or entity. The Prospectus and information contained herein does not constitute an advertisement or an offer of any securities in the Russian Federation. It is not intended to be, and must not be, distributed or circulated in the Russian Federation unless and to the extent otherwise permitted under Russian law. You are reminded that the Prospectus has been delivered to you on the basis that you are a person into whose possession the Prospectus may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver the Prospectus to any other person. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the underwriters or any affiliate of the underwriters is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the underwriters or such affiliate on behalf of the Issuer in such jurisdiction. The Prospectus has been sent to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of PJSC "SIBUR Holding" (the "Company"), the Issuer, Bank GPB International S.A., Goldman Sachs International, J.P. Morgan Securities plc and Sberbank CIB (UK) Limited (the "Joint Lead Managers and Bookrunners"), Banca IMI S.p.A, acting through its London Branch (the "Joint Lead Manager" and, together with the Joint Lead Managers and Bookrunners, the "Joint Lead Managers") nor any person who controls them nor any director, officer, employee nor agent of it or affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between the Prospectus distributed to you in electronic format and the hard copy version available to you on request from the Company, the Issuer and the Joint Lead Managers. PROHIBITION OF SALES TO EEA RETAIL INVESTORS The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently, no key information document required by Regulation (EU) No. 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPS Regulation. MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ECPs ONLY TARGET MARKET Solely for the purposes of each manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the manufacturers' target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturers' target market assessment) and determining appropriate distribution channels. SIBUR SECURITIES DAC (a designated activity company incorporated under the laws of Ireland) U.S.$500,000,000 3.45% Guaranteed Notes due 2024 unconditionally and irrevocably guaranteed by PJSC "SIBUR Holding" Issue Price: 100% SIBUR Securities DAC, a company incorporated under the laws of Ireland (the "Issuer") and a wholly-owned subsidiary of PJSC "SIBUR HOLDING" (the "Guarantor", the "Company" or "SIBUR"), is offering (the "Offering") an aggregate principal amount of U.S.$500,000,000 3.45% Guaranteed Notes due 2024 (the "Notes"). The Guarantor will unconditionally and irrevocably guarantee the due and prompt payment of all amounts at any time becoming due and payable in respect of each of the Notes under the deed of guarantee (the "Guarantee"). The Notes will be constituted under a trust deed to be entered into between Citibank, N.A., London Branch (the "Trustee") and the Issuer on or about 23 September 2019 (the "Trust Deed"). The Notes will be subject to, and have the benefit of, the Trust Deed. The Issuer will pay interest on the Notes at an annual rate equal to 3.45% of their outstanding principal amount. Interest on the Notes is payable semi-annually in arrear on 23 March and 23 September of each year, commencing on 23 March 2020. Payments on the Notes (including payments by the Guarantor under the Guarantee or otherwise under the Trust Deed) will be made without withholding or deduction for or on account of taxes, unless such withholding or deduction is required by law. In the event of any withholding or deduction for or on account of taxes of Ireland or the Russian Federation, the Issuer or (as the case may be) the Guarantor will, subject to certain exceptions and limitations, pay additional amounts to the holder of any Note to the extent described in the terms and conditions of the Notes under "Terms and Conditions of the Notes" (the "Terms and Conditions").
Load more

Recommended publications
  • Sanctions Intelligence Update
    July 17, 2014 SANCTIONS INTELLIGENCE UPDATE GENNADY TIMCHENKO & VOLGA GROUP adapting BUSINESS FOLLOWING U.S. & Canadian sanctions Overview In March and April, the US government sanctioned Russian businessman Gennady Timchenko, his Luxembourg-registered holding company Volga Group, and ten related subsidiaries. Timchenko was identified as a “member of the Russian leadership’s inner circle,” whose involvement in the energy sector was “directly linked to [President] Putin.” To date, Canada has sanctioned Timchenko, Volga Group, and nine Volga Group subsidiaries. The European Union has not acted against Timchenko or Volga Group. Since the announcement of US and Canadian sanctions, Timchenko and Volga Group- controlled firms have announced new projects in Asia, Europe, and Syria with reported financing from Chinese and Russian banks, including institutions sanctioned by the US on July 16. Financial institutions engaged in global business should consider the implications for AML and sanctions risk management. Timchenko’s post-sanctionS business ventures in China In late April 2014, President Putin appointed Gennady Timchenko to lead the Russia-China Business Council (RCBC), a body created in 2004 to expand partnerships between the two countries. Timchenko told reporters after President Putin’s RCBC announcement: “You know what Putin said? He introduced me by As head of RCBC, Timchenko is advancing Volga Group interests in saying Mr. Timchenko is the head of our business council. In other China. words – it is my words here – he is our main man for China.” • In late May 2014, Volga Group is constructing a terminal for announced a joint-venture with coal and iron ore shipments in the state-owned China Harbour Russia’s Far East.
    [Show full text]
  • CONGRESSIONAL RECORD— Extensions of Remarks E2636 HON
    E2636 CONGRESSIONAL RECORD — Extensions of Remarks December 19, 2007 well known in the U.S. and Europe for his RUSSIA’S NEW OLIGARCHY was the real owner of Russian telecommuni- leadership in helping Russia make the transi- FOR PUTIN AND FRIENDS, A GUSHER OF cations assets currently valued at on less tion to a market economy. QUESTIONABLE DEALS than $6 billion. Reiman has amassed this ex- (By Antlers Aslund) traordinary fortune as a state official, partly But the Yukos Company’s vast energy re- through beneficial privatizations, partly The news that Dmitry Medvedev, Vladimir sources and Mr. Khodorkovsky’s Western through privileged licenses issued to his Putin’s nominee to succeed him as president, leanings proved too much for Kremlin companies. A government with any stand- wants Putin to become prime minister of ards would fire such an official, but Putin operatives eager to assert state control over Russia next year opens one option for Putin suppressed this negative information within the energy sector and discipline Russian busi- to retain power after his term ends. Putin Russia and kept Reiman on, showing that he nessmen who supported opposition parties. has little choice but to stay in power as long accepts corruption. In what was widely reported by major news as he can. The Russian daily Kommersant published a A year ago, a famous Russian journalist publications at the time, Russian authorities long interview with Russian businessman asked me: Is it true that Putin has a net for- Oleg Shvartsman on the eve of the recent used arbitrary and possibly extralegal means tune of $35 to 40 billion?’’ (This journalist, of Duma elections.
    [Show full text]
  • William R. Spiegelberger the Foreign Policy Research Institute Thanks the Carnegie Corporation for Its Support of the Russia Political Economy Project
    Russia Political Economy Project William R. Spiegelberger The Foreign Policy Research Institute thanks the Carnegie Corporation for its support of the Russia Political Economy Project. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Author: William R. Spiegelberger Eurasia Program Leadership Director: Chris Miller Deputy Director: Maia Otarashvili Edited by: Thomas J. Shattuck Designed by: Natalia Kopytnik © 2019 by the Foreign Policy Research Institute April 2019 COVER: Designed by Natalia Kopytnik. Photography: Oleg Deripaska (World Economic Forum); St. Basil’s Cathedral (Adob Stock); Ruble (Adobe Stock); Vladimir Putin (kremlin.ru); Rusal logo (rusal.ru); United States Capitol (Adobe Stock; Viktor Vekselberg (Aleshru/Wikimedia Commons); Alumnium rolls (Adobe Stock); Trade War (Adobe Stock). Our Mission The Foreign Policy Research Institute is dedicated to bringing the insights of scholarship to bear on the foreign policy and national security challenges facing the United States. It seeks to educate the public, teach teachers, train students, and offer ideas to advance U.S. national interests based on a nonpartisan, geopolitical perspective that illuminates contemporary international affairs through the lens of history, geography, and culture. Offering Ideas In an increasingly polarized world, we pride ourselves on our tradition of nonpartisan scholarship. We count among our ranks over 100 affiliated scholars located throughout the nation and the world who appear regularly in national and international media, testify on Capitol Hill, and are consulted by U.S.
    [Show full text]
  • Deal Drivers Russia
    February 2010 Deal Drivers Russia A survey and review of Russian corporate finance activity Contents Introduction 1 01 M&A Review 2 Overall deal trends 3 Domestic M&A trends 6 Cross-border M&A trends 8 Private equity 11 Acquisition finance 13 Valuations 14 02 Industries 15 Automotive 16 Energy 18 Financial Services 20 Consumer & Retail 22 Industrial Markets 24 Life Sciences 26 Mining 28 Technology, Media & Telecommunications 30 03 Survey Analysis 32 Introduction Prediction may be fast going out of fashion. At the end of 2008, CMS commissioned mergermarket to interview 100 Russian M&A and corporate decision makers to find out what they thought about the situation at the time and what their views on the future were. Falling commodity prices were viewed as the biggest threat, the Financial Services sector was expected to deliver the greatest growth for M&A activity and the bulk of inward investment was expected from Asia. The research revealed that two thirds of the respondents expected the overall level of M&A activity to increase over the course of 2009, with only one third predicting a fall. That third of respondents was right and, in general, the majority got it wrong or very wrong. The survey did get some things right – the predominance of Who knows? What’s the point? We consider the point to be the domestic players, the increase of non-money deals, the in the detail. Our survey looks at the market in 2009 sector number of transactions against a restructuring background, by sector – what was ‘in’ and what was ‘out’.
    [Show full text]
  • Evolution in the Russian Gas Market – the Competition for Customers
    Evolution in the Russian Gas Market – The Competition for Customers James Henderson NG 73 January 2013 The contents of this paper are the author’s sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies, of any of the Institute’s members, and/or of the author’s other affiliations. Copyright © 2013 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-907555-66-4 ii Abbreviations and Units of Measurement bbls Barrels bcm Billion cubic metres bcma Billion cubic metres per annum bn bbls Billion barrels boepd Barrels of oil equivalent per day bpd Barrels per day E&P Exploration and Production ESPO East Siberia – Pacific Ocean (Pipeline) FSU Former Soviet Union IOC International Oil Company kboepd Thousands of barrels of oil equivalent per day kbpd Thousands of barrels per day km Kilometres mm bbls Million barrels mcm Thousands of cubic metres mmboepd Millions of barrels of oil equivalent per day] mmbpd Millions of barrels per day mmbtu Million British thermal units mmcm Millions of cubic metres mmt Millions of tonnes mmtpa Millions of tonnes per annum Mm tonnes Millions of tonnes P&P Proved and Probable tcm
    [Show full text]
  • US Sanctions on Russia
    U.S. Sanctions on Russia Updated January 17, 2020 Congressional Research Service https://crsreports.congress.gov R45415 SUMMARY R45415 U.S. Sanctions on Russia January 17, 2020 Sanctions are a central element of U.S. policy to counter and deter malign Russian behavior. The United States has imposed sanctions on Russia mainly in response to Russia’s 2014 invasion of Cory Welt, Coordinator Ukraine, to reverse and deter further Russian aggression in Ukraine, and to deter Russian Specialist in European aggression against other countries. The United States also has imposed sanctions on Russia in Affairs response to (and to deter) election interference and other malicious cyber-enabled activities, human rights abuses, the use of a chemical weapon, weapons proliferation, illicit trade with North Korea, and support to Syria and Venezuela. Most Members of Congress support a robust Kristin Archick Specialist in European use of sanctions amid concerns about Russia’s international behavior and geostrategic intentions. Affairs Sanctions related to Russia’s invasion of Ukraine are based mainly on four executive orders (EOs) that President Obama issued in 2014. That year, Congress also passed and President Rebecca M. Nelson Obama signed into law two acts establishing sanctions in response to Russia’s invasion of Specialist in International Ukraine: the Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Trade and Finance Ukraine Act of 2014 (SSIDES; P.L. 113-95/H.R. 4152) and the Ukraine Freedom Support Act of 2014 (UFSA; P.L. 113-272/H.R. 5859). Dianne E. Rennack Specialist in Foreign Policy In 2017, Congress passed and President Trump signed into law the Countering Russian Influence Legislation in Europe and Eurasia Act of 2017 (CRIEEA; P.L.
    [Show full text]
  • Journalistic Investigations Into Cases of Transborder Corruption
    Working Group on Fighting Transborder Corruption Journalistic investigations into cases of transborder corruption Сollection of case studies 2018 Journalistic investigations into cases of transborder corruption Collection of case studies Working Group on Fighting Transborder Corruption of the EU-Russia Civil Society Forum Editorial board: Andrei Kalikh, Anastasia Kirilenko, Harry Hummel This collection of articles covers several types of anticorruption journalistic investigation. Each of the authors – journalists, experts and public activists – analyzes their preferred type of investigation. The collection includes the descriptions of the following methods: data based investigation (big data journalism, state and commercial registers, open source research), undercover investigation, interview based investigation, search in DarkWeb. The goal of the publication is to show different methods of doing transborder corruption investigations. It is designed for a wide range of readers – novice authors, researchers, civil society activists, journalists interested in cooperation in international anti-corruption investigations, etc. All rights reserved © EU-Russia Civil Society Forum © Expert Group “Fighting Transborder Corruption”, 2018 © Authors, 2018 Contact: [email protected] 2 Table of contents: Foreword 4 Part one. Investigations based on data analysis Using real estate registers and databases: The case of Karlovy Vary 8 Mikhail Maglov Working with Big Data: The Investigative Dashboard – A Swiss Knife 14 for Global Reporting on Corruption and Organized Crime Atanas Tchobanov “Bringing together new investigative tools and traditional journalistic work” 18 Working with open sources. Interview with Aric Toler Part two. Other types of investigation From Russia with Cash: An Experience of Undercover Investigation 23 Roman Borisovich Interview based investigations. “Confessions”. 33 Anastasia Kirilenko Look under the iceberg: hidden opportunities on the Internet 43 for investigative journalists Maksim Ishmatov Conclusion.
    [Show full text]
  • Top 100 Billionaires
    Top 100 Billionaires Name Net Worth Age Source Country of Citizenship Bill Gates 86 61 Microsoft United States Warren Buffett 75.6 87 Berkshire Hathaway United States Jeff Bezos 72.8 53 Amazon.com United States Amancio Ortega 71.3 81 Zara Spain Mark Zuckerberg 56 33 Facebook United States Carlos Slim Helu 54.5 77 telecom Mexico Larry Ellison 52.2 73 software United States David Koch 48.3 77 diversified United States Charles Koch 48.3 81 diversified United States Michael Bloomberg 47.5 75 Bloomberg LP United States Bernard Arnault 41.5 68 LVMH France Larry Page 40.7 44 Google United States Sergey Brin 39.8 44 Google United States Liliane Bettencourt 39.5 94 L'Oreal France S. Robson Walton 34.1 72 Wal-Mart United States Jim Walton 34 69 Wal-Mart United States Alice Walton 33.8 67 Wal-Mart United States Wang Jianlin 31.3 62 real estate China Li Ka-shing 31.2 89 diversified Hong Kong Sheldon Adelson 30.4 84 casinos United States Steve Ballmer 30 61 Microsoft United States Jorge Paulo Lemann 29.2 78 beer Brazil Jack Ma 28.3 53 e-commerce China David Thomson 27.2 60 media Canada Beate Heister & Karl Albrecht Jr. 27.2 - supermarkets Germany Jacqueline Mars 27 77 candy United States John Mars 27 81 candy United States Phil Knight 26.2 79 Nike United States George Soros 25.2 87 hedge funds United States Maria Franca Fissolo 25.2 82 Nutella, chocolates Italy Ma Huateng 24.9 45 internet media China Lee Shau Kee 24.4 89 real estate Hong Kong Mukesh Ambani 23.2 60 petrochemicals, oil & gas India Masayoshi Son 21.2 60 internet, telecom Japan Kjeld Kirk Kristiansen 21.1 69 Lego Denmark Georg Schaeffler 20.7 52 automotive Germany Joseph Safra 20.5 78 banking Brazil Susanne Klatten 20.4 55 BMW, pharmaceuticals Germany Michael Dell 20.4 52 Dell computers United States Laurene Powell Jobs 20 53 Apple, Disney United States Len Blavatnik 20 60 diversified United States Paul Allen 19.9 64 Microsoft, investments United States Stefan Persson 19.6 69 H&M Sweden Theo Albrecht, Jr.
    [Show full text]
  • U.S. Sanctions Against Russia: Theory, Scope, and Intended and Unintended Consequences for the Investment Behavior of Russian Business Owners
    Working Paper Series International Trade and Economic Diplomacy Middlebury Institute of International Studies Monterey, CA U.S. Sanctions Against Russia: Theory, Scope, and Intended and Unintended Consequences for the Investment Behavior of Russian Business Owners Darrell Stanaford MA in International Trade and Economic Diplomacy Candidate December 2020 Abstract The purpose of this research paper is to explore the use of sanctions against Russian individual businessmen. It seeks to understand how the sanctioning of individuals fits into the overall policy of U.S. sanctions against Russia. It asks what specific sanction policies goals were furthered by sanctioning specific businessmen, for what actions they were selected as targets of the sanctions and if there is a logical connection between the two. Finally, it asks if the sanctions were effective and if there were any unintended consequences of them. The views and findings expressed here are those of the authors and do not necessarily reflect those of the Middlebury Institute of International Studies or any officials of the Institute. I. Introduction This paper explores the use of sanctions against Russian individual businessmen. It seeks to understand how the sanctioning of individuals fits into the overall policy of U.S. sanctions against Russia. It asks what specific sanction policies goals were furthered by sanctioning specific businessmen, for what actions they were selected as targets of the sanctions and if there is a logical connection between the two. Finally, it asks if the sanctions were effective and if there were any unintended consequences of them. II. Post-Cold War U.S. Sanctions Against Russia Beginning with the death of Sergei Magnitsky in a Russian prison in 2009, the United States has imposed a range of sanctions against Russian individuals for different reasons and with different purposes.
    [Show full text]
  • Annual Report for 2012
    Annual Review SIBUR-KHIMPROM VORONEZHSINTEZKAUCHUK VYNGAPUROVSKIY GAS PROCESSING PLANT WWW.SIBUR.COM Content ANNUAL REVIEW SIBUR 2012 REVIEW ANNUAL 2012 HIGHLIGHTS 4 CHAIRMAN AND CEO STATEMENTS 6 Chairman’s Message ................................................................................................ 6 CEO Letter .................................................................................................................. 7 SIBUR AT A GLANCE 10 What We Do .............................................................................................................12 How We Do It .......................................................................................................... 18 Where We Do It ....................................................................................................... 20 Why We Do It .......................................................................................................... 22 STRATEGY 26 Our Strategy ............................................................................................................ 28 Investment Programme ........................................................................................... 30 Partnership with Leading World Producers ............................................................ 35 BUSINESS 36 Products and Markets ............................................................................................. 38 Production Capacity and Utilisation ........................................................................ 48 Transportation
    [Show full text]
  • Deal News Transportation & Logistics What's up in Your Market
    Deal News – Transportation & Logistics What's up in your market – a focus on deals activity, August 2014 www.pwc.de Deal News Transportation & Logistics What's up in your 15. August 2014 market – a focus Research Center on deals activity Deal News – Transportation & Logistics What's up in your market – a focus on deals activity, August 2014 CS Conti-Service Lando, the German logistics company, has acquired a 50% stake in 50% stake acquired Hamburg-based peer CS Conti-Service Internationale Spedition, DVZ by Lando reported, citing a company statement. The article did not supply any (translated) financial details. 13.08.2014 DVZ PKP Cargo aims to PKP Cargo, a listed Polish rail cargo company, is in talks to buy Polish close several and other European logistics operators before the end of 2014, acquisitions by the spokesperson Miroslaw Kuk said. "We are focusing especially on areas end of 2014 where we are not yet very active," Kuk said. PKP Cargo operates individual services in eight European countries: Austria, Belgium, the Czech Republic, Germany, Hungary, Lithuania, the Netherlands and Slovakia. Kuk did not say which countries were being targeted for acquisitions. PKP Cargo will use its financial surplus to fund acquisitions but has no fixed acquisition budget. The company is also weighing up a number of other possibilities to finance planned acquisitions, with external finance also likely. As part of a consortium with Polish coal trader Weglokoks, PKP Cargo is in talks to buy Port Gdanski Eksploatacja (PGE), the major cargo operator at the Port of Gdansk, Kuk confirmed. "The possible purchase of PGE will expand our logistics competencies, which is crucial, as the role of Polish docks and harbors is increasing," Kuk said.
    [Show full text]
  • Report on the Charitable Activity of the Elena and Gennady Timchenko Foundation Timchenko Elena & Gennady Timchenko Foundation Foundation Contents
    2015 REPORT ON THE CHARITABLE ACTIVITY OF THE ELENA AND GENNADY TIMCHENKO FOUNDATION TIMCHENKO ELENA & GENNADY TIMCHENKO FOUNDATION FOUNDATION CONTENTS Message from Elena and Gennady Timchenko .....................4 Working with the Foundation.............................................109 Message from Xenia Frank .....................................................6 Selecting grant recipients .............................................. 110 Message from Maria Morozova .............................................8 Open grant competitions ............................................... 110 The Foundation’s mission statement and values ................10 Non-competitive support ................................................111 Work programme ..................................................................11 Duration of project support ............................................111 5 years of work – facts and results ...................................... 12 Programme evaluation system ...........................................111 Key results in 2015 .............................................................. 16 Risk management ...............................................................112 Interaction with stakeholders .............................................112 Working with enquiries from the public .........................112 THE OLDER GENERATION PROGRAMME .......................18 Working with regional agents .........................................113 Society for all Ages Focus Area ............................................24
    [Show full text]