Intesa Sanpaolo and Gazprombank have partnered to set up a private equity joint venture to invest into Italian and Russian companies with a strong potential for international growth.
The 50-50 joint venture between the two banks will provide up to €300m for equity investments into medium-sized companies.
In particular, it aims to expand internationally Italian companies who plan to expand into Russia, as well as the Russian companies with an interest in developing in Italy and Europe.
FinSMEs
23/07/2012