Rosbank AKB : financed 37 projects for >900 mln rub in cooperation with RUSEFF in 2013

According to results of 2013, Rosbank has financed 37 projects amounting >900 mln rubles in close partnership with the RuSEFF Program. More than 52% of all RuSEFF investments accumulated in the Central Federal district (CFD) of the Russian Federation, 22% - in the Ural FD, 14% - in the Siberian FD. Approximately 50% of the loans were granted to the companies of engineering industry, 25% were directed to development of eco-friendly transport, and to energy efficient production. The rest of financing was invested in construction and food industry.

Jointly supported by Rosbank and RuSEFF projects had made a significant contribution to the environment. Its realization led to the energy savings totalling at 70,000 MWh in fuel equivalent. It can be compared with the energy consumption of 8,000 households and annual CO₂ emission from 9,000 passenger vehicles. During the period of collaboration, RuSEFF experts with Rosbank support held several workshops in the largest Russian economic centres: Vladivostok, Irkutsk, Kemerovo, Novosibirsk, Omsk, Ekaterinburg, Krasnodar and Saint-Petersburg.

RuSEFF representatives also visited more than 50 production sites in these regions and offered to the clients of Rosbank free-of-charge independent technical assistance. It allowed many companies to reveal their significant potential in the sphere of energy saving and guarantee the profitability of their investments without using of state subsidies.

Director of RuSEFF Program, Werner Peylo commented: "Last year was associated with the most success for the Program, during this period the total amount of realized projects doubled. Rosbank was one of the first partners of RuSEFF and without any doubt it made a significant contribution to the development of energy efficient technologies in Russia. Energy saving is becoming a great topic for Russia and with the intensification of competition in the Russian economy and the observed permanent growth of energy tariffs, many owners of the companies started to pay more attention to this issue. This intention found a substantial support from EBRD, which helps entrepreneurs and companies of our partner financial institutions (both banks and leasing companies) through technical support in the realization of energy efficient projects.

CEO of Rosbank, Dmitry Olyunin commented: "Energy efficiency is getting more and more important issue. Russia is moving towards implementation more energy efficient and eco-friendly production in different sectors of national economy. Rosbank is successfully contributing to the reduction of energy intensity of the Russian industrial sector due to the effective cooperation with RuSEFF. Modern technical solutions offered by RuSEFF experts allow our clients to increase the commercial efficiency of their business and at the same time minimize risks of environmental pollution.