About 3,000 troops to take part in missile force’s drills in central RussiaMilitary & Defense March 27, 20:55
Russian footballers must ‘force own game’ on Belgium in Sochi friendly match — coachSport March 27, 20:34
UN denies rumors of Staffan de Mistura’s resignationWorld March 27, 20:16
Prominent Russian lawyer vows to look into detention of journalists during Moscow ralliesRussian Politics & Diplomacy March 27, 20:05
Kremlin says world chess tournaments should go as planned despite FIDE’s presidential rowSport March 27, 19:32
Ukrainian politician says Kiev turns deaf ear to public pleas to end Donbass blockadeWorld March 27, 19:17
Serbia to get Russian MiG-29 fighter jets 'within weeks'Military & Defense March 27, 18:51
Putin wants Russian Guard to ensure security at FIFA World CupSport March 27, 18:35
Russia's Novatek to invest almost $417 million in shipyard for Arctic projectsBusiness & Economy March 27, 18:34
TRIESTE, November 26. /ITAR-TASS/. The Russian Direct Investment Fund and Fondo Strategico Italiano will sign a memorandum on Tuesday to create a €1 billion investment platform that will specialize on projects in Russia and Italy.
The signing ceremony will take place in the presence of Russian President Vladimir Putin and Italian Prime Minister Enrico Letta.
The Russian Direct Investment Fund and Fondo Strategico Italiano will inject €500 million each that will be directed to companies and projects to boost trade and increase the volume of direct foreign investments between Italy and Russia.
“The Russian-Italian investment platform will help significantly strengthen investment and trade cooperation between Russia and Italy,” the director-general of the Russian Direct Investment Fund, Kirill Dmitriyev, said. “Now 500 companies with Italian capital operate in Russia, of them 70 have their own production inside Russia.”
The Russian Direct Investment Fund was established in June 2011 by the Russian government to make equity investments primarily in the Russian economy. The Fund’s managing company is headquartered in Moscow. It is a 100% subsidiary of Vnesheconombank (VEB).
Fondo Strategico Italiano (FSI) is a holding company. Cassa Depositi e Prestiti SpA is a controlling shareholder of the FSI.
The FSI invests into companies that seek to expand their business, improve operational activity and strengthen positions on the domestic and international markets. The fund is a long-term minority investor, which takes an active part in management of companies it invests in.