Volga-Dnepr Group signs strategic cooperation with Sberbank

Dino D'Amore
By Dino D'Amore June 22, 2016 10:47

Volga-Dnepr Group signs strategic cooperation with Sberbank

Volga-Dnepr Group has signed a new strategic cooperation agreement with Sberbank, which means that the airline group will consider Sberbank as “a strategic partner” to develop its aircraft leasing business using Volga-Dnepr Group’s Irish subsidiary.
Sberbank CIB, the bank’s corporate and investment banking business, will provide financial and advisory services.

“Our companies are carrying out long-term strategies focusing on continuous development of high-tech and unique solutions in the area of logistics and accessible services for clients,” said Alexey Isaikin, president of Volga-Dnepr Group. “Our coinciding values and strategic principles serve as a foundation for developing our relationship as we work on Volga-Dnepr Group’s international projects.”

Maxim Poletaev, first deputy chairman of the Executive Board of Sberbank, described Volga-Dnepr Group is one of its “key clients”, adding, “We highly value our experience of working on joint projects with Volga-Dnepr Group in the area of air freight transportation, and plan to broaden cooperation in the future.

Dino D'Amore
By Dino D'Amore June 22, 2016 10:47