- Tbilisi, Borjomi, Georgia
- Large minority stake
- Sale to a strategic investor
In October 2002, the fund sold its share of the company to IDS Group.
Commercial production of Borjomi mineral water started in 1981. Baring Vostok’s Fund was one of the first investors after the creation of GG&MW.
Today’s decisionby the Basmanniy Court to prolong the pre-trial detentions of Maxim Vladimirov and Philippe Delpal was unfounded.
Today the Basmanny Court once again prolonged the house arrest of the founder of Baring Vostok Michael Calvey, without any legal basis for the arrest.