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

17 May 2019

Media Statement.

BVCP statement on ruling by Amur Court of Arbitration.
06 May 2019

Media Statement.

BVCP statement regarding court refusal to change form of detention for Michael Calvey.
29 April 2019

Media Statement.

BVCP statement concerning the rejection of appeal against prolongation of the pre-trial detention.
11 April 2019

Media Statement.

Baring Vostok welcomes the decision to release Michael Calvey to house arrest.
10 April 2019

Media Statement.

BVCP statement regarding pre-trial detention of Ivan Zyuzin, Vagan Abgaryan and Maxim Vladimirov.
10 April 2019

Media Statement.

Baring Vostok welcomes the applications made by the Investigative Committee for Michael Calvey and Alexey Kordichev to be transferred to house arrest, and hopes that the court will give due consideration to the applications.
09 April 2019

Media Statement.

BVCP statement regarding Philippe Delpal’s pre-trial detention.