Sergey Yudin is appointed CEO of VIS Group

By the decision of the General Meeting of Shareholders of VIS Group, Sergey Yudin was appointed to the position of CEO of the parent company of VIS Group (AO) holding, who previously combined the positions of First Deputy CEO of the holding company and CEO of OOO PF VIS (the Group’s construction division).

Dmitry Doev, who has headed VIS Group since 2021, has moved to work on the holding’s Board of Directors and will focus on strategic business development. Sergey Yudin will continue to manage OOO PF VIS and will work as CEO of both companies.

Sergey Yudin began working at VIS Group in 2021 as an advisor to the Chairman of the Board of Directors. In April 2023, he was appointed First Deputy CEO of VIS Group and general director of VIS Manufacturing Company. He graduated from the Moscow Military Institute of the Federal Border Service of the Russian Federation and the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, and was a finalist in the “Leaders of Russia” management competition. In 1997-2019 he served in the Armed Forces of the Russian Federation, and currently holds the rank of Reserve Colonel. He has been awarded high state and departmental awards and is a veteran of Directorate “A” of the Special Center of the Federal Security Service of the Russian Federation.

“During his time working in our holding, Sergey Yudin has proven himself to be a talented organizer and effective manager. Last year, the volume of work performed almost doubled compared to 2022 and a positive financial result was achieved. This is a considerable merit of the Group’s construction division, which is headed by Sergey Sergeevich,” commented Dmitry Doev on the new appointment.

Today, projects to create a bridge across the Ob River and seven clinics in Novosibirsk, an expressway in the Moscow region, as well as a medical center and the International Arctic Cultural Center in Yakutsk are in the investment stage. The design of a bridge across the Lena River in Yakutia, a unique and one of the largest infrastructure facilities, has been completed and its construction is scheduled to begin. The first expressway in the Russian Far East, the Khabarovsk Bypass, the Surgut District Clinical Center for Maternal and Child Health, and 12 social facilities in the Republic of Sakha (Yakutia) are currently in operation. As part of the National “Ecology” Project, government contracts are being carried out for the construction and modernization of water treatment complexes in the Moscow region, as well as the construction of a social facility, administrative and residential complex in Yamal.

“The new CEO of the holding company is faced with the tasks of further growth and increasing the business profitability. This year, the construction of several large-scale projects will be completed and new ones will be launched,” said Sergei Romashov, Chairman of the Board of Directors of VIS Group.

VIS Group is a Russian infrastructure holding with more than 20 years of experience, a leader in the public-private partnership market. The holding, which includes more than 20 active companies, invests in the creation of transport and social infrastructure, designs, builds and operates facilities under concessions and PPP agreements.

Today, VIS Group is the only major Russian holding that has managed to undergo a transformation from an EPC/EPCM contractor to a system investor. Over the history of its existence, 100 large oil and gas, energy, transport and social facilities have been put into operation. One of the strongest expert teams in the sphere of managing the entire life cycle of investment projects has taken shape. The contract portfolio has been formed until 2047 and is estimated at over 600 billion rubles. The stability of the company’s financial and economic activity and the efficiency of business management are highly appreciated by experts from the leading rating agencies ACRA and Expert RA at levels A(RU) and ruA+.

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