News by country: Russian Federation

Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

On November 26, 2021, in Obninsk (Russian Federation), within the framework of strengthening of interstate cooperation, the 14th plenary meeting of the Russian-Hungarian Intergovernmental Commission on Economic Cooperation was held. IIB has been a member of the Russian-Hungarian IGC since 2016, when Hungary returned to the Bank as a member state. The event was chaired by the Minister of Health of the Russian Federation Mikhail Murashko and Minister of Foreign Affairs and Trade of Hungary…  Read more
IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum

IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum "Russian-Hungarian Trade and Industrial Dialogue"

On October 12, 2021, as part of the development of mutually beneficial bilateral ties between the business communities of Russia and Hungary, a business forum "Russian-Hungarian Trade and Industrial Dialogue" was held in Budapest. The Hungarian Chamber of Commerce and Industry, the Moscow Chamber of Commerce and Industry, the working group of the Russian Union of Industrialists and Entrepreneurs (RUIE) on Russian-Hungarian economic and investment cooperation as well as a number of professional…  Read more
IIB continues to support the infrastructure development of its member states:  the Bank became an investor of the pilot issue of infrastructure bonds of JSC “DOM.RF”

IIB continues to support the infrastructure development of its member states: the Bank became an investor of the pilot issue of infrastructure bonds of JSC “DOM.RF”

International Investment Bank became a major investor of a pilot issue of infrastructure bonds placed by LLC “SPV “Infrastructure Bonds”, where JSC “DOM.RF” is a founder and a sole shareholder. JSC "DOM.RF" was established in 1997 by a decree of the Government of the Russian Federation to facilitate the implementation of the state housing policy. JSC "DOM.RF" is an authorised development institution in the housing sector in accordance with the Federal Law N 225 "On promoting the development…  Read more
IIB supports the largest over the past 15 years project for the export of high-tech power equipment from the Czech Republic to the Russian Federation

IIB supports the largest over the past 15 years project for the export of high-tech power equipment from the Czech Republic to the Russian Federation

International Investment Bank (IIB) has approved the provision of an irrevocable guarantee to ZDAS a.s. (Czech Republic) for the implementation of a large-scale project involving the design, construction and installation of a modern power plant at the Magnitogorsk Iron and Steel Works - MMK (Russian Federation). The total project volume is 172 million euros. The highly efficient and environmentally friendly steam-electric power plant will allow MMK to use gas from newly - built blast furnaces…  Read more
IIB develops dialogue with the shareholders: the Bank’s Management held a series of consultations with high-level government officials of the largest member states

IIB develops dialogue with the shareholders: the Bank’s Management held a series of consultations with high-level government officials of the largest member states

In April 2021, a series of meetings and consultations took place between the Chairperson of the IIB Management Board Nikolay Kosov and representatives of the largest shareholder states of the Bank. Current state of affairs in IIB, first intermediate results of the relocation to Europe, short-term prospects of further development and investment priorities of the institution, as well as the main provisions of a new strategy that is currently in an active stage of preparation at the Bank, were…  Read more