VEB State Corporation.The Russian Federation has agreed with Sberbank to purchase its 25% stake in the Prosveshchenie group of companies. Five sources, including interlocutors close to both sides of the deal, told Vedomosti about this. Three of them know that the deal has already been closed. Thus, VEB's stake in Prosveshchenie has grown to 50%.
Prosveshchenie is the largest player in the Russian educational literature market. The revenue of JSC Prosveshchenie according to RAS in 2023 amounted to 21.8 billion rubles, net profit — 21.8 billion rubles. JSC "Publishing House "Prosveshchenie"" during the same period, revenue reached 47.8 billion rubles, net profit — 27.5 billion rubles.
The State Development Corporation "VEB. Russian Federation" (Vnesheconombank State Corporation) (TIN 7750004150) was established on the basis of the Federal Law of the Russian Federation "On the Development Bank" through the reorganization of Vnesheconombank of the USSR in 2007. Vnesheconombank is one of the development institutions whose activities are aimed at eliminating infrastructural constraints on economic growth, increasing the efficiency of natural resource use, developing high-tech industries, unlocking the innovative and productive potential of small and medium-sized businesses, and supporting the export of industrial products and services.
Sberbank — Sberbank of Russia PJSC (TIN 7707083893) is the largest bank in Russia, Central and Eastern Europe. The Bank is the main creditor of the Russian economy and holds the largest share in the deposit market. Sberbank's services are used by customers in 18 countries around the world. The Bank has a branch network in Russia: about 14 thousand service points. The bank's foreign network consists of subsidiaries, branches and representative offices in the UK, USA, CIS, Central and Eastern Europe, India, China and other countries.
The authorized capital of Sberbank is 67.76 billion rubles and consists of 21586948 thousand ordinary shares and 1 billion preferred shares with a nominal value of 3 rubles. The main shareholder of Sberbank is the Russian Federation represented by the Ministry of Finance of the Russian Federation, which owns 50% of the authorized capital of Sberbank PJSC plus 1 voting share. The remaining 50% minus 1 voting share of the bank's authorized capital is owned by Russian and international investors.
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