Acquisitions, investments and JV Gazprombank

2022

Sale of control in GPB Investments to the company's management

In July 2022, Gazprombank sold control in the retail broker GPB Investments to its management. Legal name changed from "GPB Investments" to "Newton Investments."

Investment of $600 thousand in a startup brain research using quantum sensors

Gazprombank has invested 33 million rubles in the spin-off of the Russian Quantum Center, a company developing ultra-sensitive magnetic sensors for medical applications of QLU. As a result, the total investment in the project since 2016 has exceeded $1 million, QLU representatives told Zdrav.Expert on June 30, 2022. Read more here.

Sale of the manufacturer of medical gases "Cryogas" for 20 billion rubles

On February 1, 2022, it became known about the closure of the deal to sell Cryogas to the Sinara group. The seller of the manufacturer of medical gases was Gazprombank. The transaction cost amounted to 20 billion rubles. Read more here.

Investing 71.7 million rubles in the developer of satellite communication systems QSpace

On January 28, 2022, Gazprombank announced the investment of 71.7 million rubles in the developer of satellite communication systems QSpace. The developer of the quantum satellite communication project estimates the need for financing at 220 million rubles by the end of 2024. This money is needed to design a satellite and "make some layouts." A CubeSat satellite with a CRK system transmitter on board is scheduled to launch in 2023. Read more here.

Purchase of 50% Wind Energy Development Fund

On January 18, 2022, Rusnano announced the sale to Gazprombank of 50% of the Wind Energy Development Fund (FRV), which the state corporation developed together with the Finnish company Fortum. The financial terms of the agreement were not disclosed. Read more here.

2021

Purchase of 36% of MF Technology for 12.8 billion rubles

In November 2021, Sber announced the sale of 36% of MF Technologies, which controls 57% of VK (formerly Mail.Ru Group). A package worth 12.8 billion rubles was bought by Gazprombank. It is planned to close the deal by the end of 2021 after obtaining the consent of the Federal Antimonopoly Service. Read more here.

Provision of QRate financing for 6 million rubles

The research and production company QRate won a grant from the Innovation Assistance Fund in the amount of 20 million rubles. The funds will be invested in the creation of ground-based equipment for receiving a quantum signal from space and high-speed optical communications "satellite-Earth." Additional co-financing in the amount of 6 million rubles will be provided to the project by Gazprombank. Read more here.

Creating a Joint Venture IT_One GPB-IT1

Gazprombank, together with IT One on October 28, 2021, informed TAdviser about the creation of a joint venture GPB-IT1, which, according to their idea, should become one of the largest centers for the development of digital and financial services. Read more here.

Building Supercode to Develop Complex IT Systems

In mid-April 2021, it became known about the creation of the company. " Supercode Its founders are the structure VTB and Rostelecom"," also Proteus LLC, Software which is 80% owned by JSC "" GS INVEST(a joint venture of Gazprombank and, to Sergey Matsotsky which he contributed assets received after the division of the business). IBS More. here

2020

Gazprombank invested 4.6 billion rubles in the business of Sergei Matsotsky

In 2020, Gazprombank invested 4.605 billion rubles in the GS INVEST company created jointly with Sergei Matsotsky. Such data are contained in the consolidated financial statements of the bank for 2020. Earlier, the parties said that agreements were reached and fulfilled on their participation in the joint venture, but did not disclose the financial details of the transaction. Read more here.

Investing in the network of pharmacies "Asna"

December 16, 2020 Gazprombank announced the investment in the network of pharmacies Asna"." As part of the transaction, the bank will receive a minority stake in the company and provide it with joint-stock financing, which is planned to be directed to the development of the Asna technology platform and an integrated system for promoting goods, strengthening competencies in the online segment, as well as entering other segments of the retail market. More. here

Creation of a virtual carrier NMC

On August 20, 2020, it became known that Gazprombank had created its own virtual telecom operator. The subsidiary of the credit institution - LLC New Mobile Communications (NMK) - received a license for mobile radiotelephone services. Read more here.

Gazprombank entered the business of Sergei Matsotsky

Gazprombank and co-founder, former co-owner of IBSergey Matsotsky fulfilled the agreements on which they reached an agreement in July 2020. This was confirmed in November by TAdviser Sergey Matsotsky. We are talking about Gazprombank's participation in GS INVEST as a joint venture. Read more here.

Gazprombank may become a co-owner of Sergei Matsotsky's business separated from IBS

Gazprombank may become an investor and co-owner of part of the IBS business, which will be transferred to Sergei Matsotsky in connection with his departure from the company. On April 13, TAdviser was told about this by two interlocutors from the top management of two other IT companies in the Russian market. According to sources, as of April, negotiations are underway on this.

Information about a possible future deal arrived on the same day that IBS announced the departure of Sergei Matsotsky from the company. He and another IBS co-founder, Anatoly Karachinsky, decided to further develop their businesses on their own.

With the beginning of the new financial year in April, an independent structure will stand out from IBS, which will belong to Sergei Matsotsky, who ceases to be a minority shareholder of the company and leaves the board of directors of IBS ("IBS IT Services"). The business that goes to Sergei Matsotsky includes the IBS infrastructure division, represented by the legal entity IBS Expertise, Budget and Financial Technologies (BFT) and Arenadata. Read more here.

Information about a possible future deal arrived on the same day when IBS announced its departure from Sergei Matsotsky's company "(photo - Ilya Pitalev/RIA Novosti)"

Sergey Matsotsky himself did not comment on TAdviser information about a possible deal with Gazprombank, but did not deny it. Gazprombank did not respond to a TAdviser request at the time of publication of the material.

One TAdviser source says the talks have not just started and are already going on for a while. According to this interlocutor of TAdviser, Gazprombank could be interested in this deal because the presence of a strong IT structure within the bank becomes fashionable, useful and important.

This trend is really present on the market. For example, Sberbank already has many IT-Business of operating, including for external clients: SberService, SberCloud, CST and a number of others. In 2018, VTB Bank bought the integrator Technoserv. In the same year, GMCS withdrew from Maykor and joined the Sovcombank group. In the same year, Sovcombank gained control of another Maykor company - BTE.

2019

Signing with Sberbank of binding documentation on the sale of a 35% stake in MF Technologies

Sberbank on November 19, 2019 announced the signing of binding documentation on the acquisition of 36% in MF Technologies JSC, which controls 58.3% of the voting shares of Mail.ru Group, from Gazprombank JSC (in the amount of 35%) and Rostec state corporation (in the amount of 1%) and becomes an equal partner in this company. Read more here.

Signing of a non-binding agreement with Sberbank on the sale of a minority stake in MF Technologies

On October 29, 2019, Sberbank announced the signing of a non-binding agreement on the acquisition of a minority stake in MF Technologies (ITF) from Gazprombank. Read more here.

Closing the deal on the sale of shares of the CST to Sberbank

Sberbank, Gazprombank and Digital Horizon closed a deal in which Sberbank acquired a 51% stake in the Speech Technology Center. This was reported on August 5, 2019 by Sberbank. Read more here.

Sale of 51% stake in CST to Sberbank

On April 12, 2019, Sberbank informed TAdviser about the conclusion of a deal with Gazprombank and venture capital company Digital Horizon, in which it acquired from Gazprombank a 51% stake in the CST group of companies, a Russian developer of biometric technologies. Digital Horizon also entered the capital of the CST. The financial terms of the transaction were not disclosed. It is planned to close it by the end of May 2019. At the same time, Gazprombank remains a strategic shareholder of the CST and will continue to actively participate in the further development of the company. Read more here.

2018: Participation in the creation of the MF Technology joint venture

On May 8, 2018, MegaFon announced the creation of a joint venture of MF Technologies JSC (ITF) with Gazprombank, Rostec and USM Holdings to develop digital services and implement projects in the digital economy. Under the terms of the transaction, MegaFon will contribute 11,500,100 shares of Class A Mail.ru Group to the joint company (which is 5.23% of the economic and 58.87% of the voting share in the Internet holding).

In turn, as part of the transaction, Gazprombank will acquire from 100% of MegaFon's subsidiary Lefbord Investments Ltd a 35% stake in the ITF for $157.5 million. Read more here.

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