Saint-Gobin Construction Products Rus

Saint-Gobin is an international industrial group headquartered in Paris that develops, manufactures and sells high-quality construction and innovative materials and solutions that improve the lives of everyone and society as a whole. Saint-Gobin products can be found in houses, offices, transport, infrastructure, etc. Saint-Gobin CIS has 8 operating plants in this region, as well as a research center in Yegoryevsk.

History

2014: EBRD increases its stake in the company from 11 to 33%

In July 2014, Saint-Gobin and the European Bank for Reconstruction and Development (EBRD) signed an agreement according to which the EBRD will increase its stake in Saint-Gobin Construction Products Rus LLC from 11% to 33%.

EBRD investments will be used to finance the planned investment projects of Saint-Gobin Construction Products Rus in Russia over the next 3 years. The investment program includes, among other things, projects in such areas of the company's business as Gypsum, Thermal Insulation and Dry Building Mixtures in several regions of the country.

The investment program complies with the Environmental and Social Responsibility Plan agreed by the EBRD, which confirms the commitment of the Saint-Gobin Group to the highest standards in the field of ecology, corporate governance and business.

This transaction will also accelerate the development of Saint-Gobin in Russia in accordance with the Group's strategy to strengthen its position in high-growth markets.