IFC METROPOL stepped forth as the financial consultant in the sale of a blocking stake in Granit JSC
Granit JSC controls six granite rubble deposits in Karelia. The
sale has been completed, with the blocking stake purchased by the
Russia Infrastructure Equities Fund.
Reference Note
Russia’s Granite Joint-Stock Company was created in 2005 and
currently holds licenses to conduct geological surveys and produce
building stone for gneissic granite production purposes at the
Severny, Ritikka, Aittovuori, Loukhimyaki and Granitnaya Selga
subsoil plots. The licenses further allow it explore and appraise
building stone deposits at the Svidselga subsoil plot, located in
the Republic of Karelia.
The Group includes six battery plants and business units developing and introducing new technologies, and distributing products.
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year