GLENIC-M IFG prepares specialised funds for listing together with some prominent legal firms. Those funds are intended for accumulating significant resources.

We plan a bond issue to be organised by RIGroup-Finance under the mandate of GLENIC-M IFG.

To diversify the range of instruments and services offered, GLENIC-M IFG is actively involved in negotiations with major financial market players. Stability and the necessary quality of services offered by our company are secured through co-operation with first-class Russian banks, such as the Savings Bank, Vneshtorgbank, Eurofinance-Mosnarbank and TrustCapital, as well as the leading oil and gas producers such as Gazprom, Rosneft and Tatneft.

Negotiations of our company with a number of private and institutional foreign investors indicate their increased interest in co-operation with new Russian capital market players.

GLENIC-M is active in foreign financial markets. In view of its customers’ needs, the Company establishes partnership relations with foreign institutes, credit institutions, and specialised companies, influential and highly reputable individual experts. Enhancing its opportunities, GLENIC-M IFG may secure finance for housing construction programmes (together with Mortgage Corporation of the Moscow Region), construction of fitness centres and hotels (on the Adriatic coast of Croatia), domestic industrial projects, including high tech manufacturing and promising research and development projects (jointly with specialised institutes of the Russian Academy of Sciences).

The following negotiations are now in progress: — with China’s leader of oil and gas sector CNPC with respect to investing about 500 million dollars in shares of Gazprom; — with Italian bank consortium with respect to investing about 300 million Euro in securities of the Russian oil and gas sector; with German Showhouse GmbH and investment bank J. P. Morgan & Co. with respect to investing about 600 million dollars in construction of business centres in Moscow and Saint Petersburg; — with Thai Canadoil Group with respect to its entrance to the Russian market of gas and oil pipeline construction and maintenance equipment; The holding promotes its operations in CIS countries. One of its activities was participation of GLENIC-M in establishment of the State Investment Fund in the Kirgiz Republic.

The pioneer project of the Company together with a stock exchange was studying the ways of implementing a patent owned by GLENIC-M. That patent opens new opportunities for settlement of trade in investment fund shares