25.03.2024

Rosatom State Corporation and VIS Group agree on cooperation in infrastructure development

The cooperation agreement signing ceremony took place within the framework of the ATOMEXPO – 2024 International Forum that opened in Sirius. The document defining the goals and formats of interaction was signed by CEO of VIS Group Sergey Yudin, and the Deputy CEO for Economics and Finance of the State Atomic Energy Corporation Rosatom, Ilya Rebrov.

The parties agreed to exchange experience and information, mutual consultation and study opportunities for creating infrastructure facilities within the framework of major investment projects of Rosatom. Projects in the Arab Republic of Egypt, where Rosatom is building the most modern nuclear power plant in North Africa, El-Dabaa, are being considered promising.

“Rosatom is implementing a number of large-scale projects abroad. We are ready to actively exchange experiences and jointly study best practices with major players who have comparable projects to their credit. The signing of this agreement is an important step towards establishing a mutual partnership between the Rosatom State Corporation and VIS Group,” noted Ilya Rebrov.

VIS Group is one of the unique holdings on the Russian infrastructure market that implements investment projects throughout their entire life cycle - from structuring and organizing financing to construction and operation. The holding invests in the creation of transport, social, energy and utility infrastructure facilities. Over 150 billion rubles have been raised for PPP and concession projects in off-budget investments.

“Signing an agreement is the first step towards working together on specific projects. VIS Group has developed a wealth of experience and competence both in the construction of energy facilities and in the creation of all the necessary associated infrastructure,” commented Sergei Yudin, CEO of VIS Group. “We are interested in developing partnerships with the largest Russian state corporations, among which Rosatom occupies a leading position in the high-tech and capital-intensive sector of the economy.”

ATOMEXPO Forum is the largest exhibition and business platform for discussing the vectors of development of the nuclear sector. The organizer is the State Corporation Rosatom. Representatives of international industry enterprises, government agencies and public organizations participate in the event. VIS Group is also represented at the forum by member of the Board of Directors Mkhitar Beglaryan.

VIS Group is a Russian infrastructure holding with 24 years of experience, an investor and one of the leaders in the public-private partnership (PPP) market. Included in the list of systemically important companies in Russia. The holding's current investment portfolio is estimated at over 600 billion rubles. Today the Group is simultaneously building 30 facilities throughout Russia, including roads, bridges, large-scale medical and cultural centers. Since 2000, over 100 facilities have been built and put into operation.

Rosatom State Corporation is a Russian state holding that unites more than 400 nuclear industry enterprises. Rosatom is a national leader in electricity production and ranks #1 in the world in the size of the portfolio of orders for the construction of nuclear power plants. It is the only company in the world with competencies in the entire technological chain of the nuclear fuel cycle: from the extraction of natural uranium to the final stage of the life cycle of nuclear facilities.

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