Baring Vostok’s funds have also invested in companies operating in other interesting sectors of the economy, such as construction materials, residential real estate development, and others. Since 1996, Baring Vostok funds have invested over $300 million in six companies.
Spasskcement

Spasskcement

Association of cement producers in the Far East. Fully exited in 2007
Location:
Vladivostok, Russia
Years:
2001- 2007
Shareholding:
Controlling stake
Exit:
Sale to a strategic partner

The holding company has the leading position as Russia’s leading cement supplier for oil projects in Sakhalin and primary construction projects in Russia’s Far East.

The Funds sold their shares to Park Group from 2004 to 2007.

In the spring of 2000, the First NIS Regional Fund acquired a controlling share (60%) of Spasskcement, which was in a difficult situation due to low demand for cement and ineffective management.

Other projects

News

06 August 2020

Media statement.

Baring Vostok considers the courts’ decisions to extend pre-trial house arrest to be unfounded and overly severe, and will seek to overturn them.
23 June 2020

Media Statement.

Baring Vostok statement on the First Appeal Court’s decision on 23 June 2020