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

22 March 2019

Media Statement.

Regarding lawsuit filed by Finvision Holdings.
02 March 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing on the pre-trial detention of BVCP Partner Philippe Delpal, the Moscow Municipal Court refused to change the form of detention for Mr Delpal to house arrest. BVCP intends to appeal this decision in higher instance courts.
28 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing on the pre-trial detention of BVCP Founder Michael Calvey, the Moscow Municipal Court refused to change the form of detention for Mr Calvey to house arrest. BVCP intends to appeal this decision in higher instance courts.
27 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following appeal hearings regarding the pre-trial detention of BVCP Investment Director Ivan Zyuzin and Partner Philippe Delpal, the Moscow Municipal Court rejected a motion to amend the detention of Ivan Zyuzin, while Philippe Delpal’s hearings were rescheduled to 1 March. BVCP intends to appeal the court’s decision regarding Ivan Zyuzin in higher courts.
26 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing with regard to the pre-trial detention of BVCP partner Vagan Abgaryan, the Moscow Municipal Court refused to change the form of detention for Mr Abgaryan to house arrest.
21 February 2019

Media Statement.

Baring Vostok Capital Partners confirms that formal charges have been filed against its employees Michael Calvey, Vagan Abgaryan, Philippe Delpal and Ivan Zyuzin, under part 4 of article 159 of the Russian criminal code.
19 February 2019

Media Statement.

Elena Ivashentseva, Senior Partner at Baring Vostok Capital Partners, took part in a session of the Russian Union of Industrialists and Entrepreneurs’ International Council for Cooperation and Investment. The ad hoc session of the committee was chaired by Alexander Shokhin to discuss the arrest of Michael Calvey and his colleagues.
18 February 2019

Media Statement.

In light of recent events, Baring Vostok Capital Partners (BVCP) announces that it continues to conduct business as usual, and that Senior Partner Elena Ivashentseva and Co-Founder Alexei Kalinin have jointly taken on the responsibilities of leading BVCP.