VEB.RF operates under the Federal Law “On State Development Corporation VEB.RF”.
VEB.RF’s primary objective is to promote Russia’s long-term social and economic growth. In partnership with commercial banks and investors, VEB.RF provides financing for integrated projects to develop the country’s industrial production and infrastructure, strengthen its technological potential, develop the urban economy and improve the quality of life.
In accordance with the Memorandum on Financial Policies, VEB.RF is involved in projects contributing towards the national development goals. VEB.RF’s operating principles include activities without competition with commercial banks, transparency and break-even performance in project financing.
The highest governing body of VEB.RF is the Supervisory Board chaired by Deputy Prime Minister and Chief of Staff of the Government Executive Office of the Russian Federation Dmitry Grigorenko.
Igor Shuvalov is VEB.RF Chairman.
Igor Shuvalov - VEB.RF Chairman
The State Atomic Energy Corporation Rosatom is a multi-industry holding company that comprises assets in power engineering, machine building, and construction. Its strategy is to develop low-carbon generation, including wind power. ROSATOM is the national leader in power generation (accounting for about 20% of the country's total output) and ranks first globally in terms of the size of its portfolio of orders for the construction of nuclear power plants: 33 power units in 10 countries are at different stages of implementation. ROSATOM includes over 350 enterprises and organizations employing a total of more than 290,000 people.
The ROSATOM business strategy is guided by the international sustainable development agenda. ROSATOM makes a significant contribution to the achievement of the UN Sustainable Development Goals as a low-carbon electricity company, developing nuclear, hydrogen and wind energy. Annually, Russian-designed nuclear power plants prevent more than 210 million tons of greenhouse gas emissions, which is the main cause of climate change.
Alexey Likhachev - General Director