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.
Bamtonnelstroy-Most Group of Companies – is the largest construction enterprise in Russia with a half-century history that implements federal-scale infrastructure projects throughout the country from Kaliningrad to Vladivostok.
The history of the Group began with the construction of tunnels and bridges on the Baikal-Amur Mainline. Today, more than 3,000 have been built, including:
• 16 tunnels on the BAM, including the Severomuysky Tunnel, the longest in Russia and the most complicated tunnel in terms of tunnelling in the world (15,343 m);
• metro in the cities of Russia and the CIS, including in Moscow;
• combined motor and railway road 'Adler –Alpika-Service' in the city of Sochi;
• facilities of the Sea Port of Sabetta and others.
The Russian Far East is Bamtonnelstroy-Most Group’s key region of presence, where the builders have erected such major transport infrastructure facilities as the Russky Island Bridge with the longest cable-stayed bridge span in the world, the first-ever cross-border motorway bridge and railway bridge between Russia (in the Amur Region and the Jewish Autonomous Region) and China, converted the Japanese railway network on Sakhalin Island to the Russian standard gauge. Nowadays, Bamtonnelstroy-Most is engaged in construction of the new Dusse-Alin Tunnel on the BAM in the Khabarovsk Region, overpasses across the Trans-Siberian Railway, bank protection facilities in the Amur Region, as well as some other facilities. This year the specialists of Bamtonnelstroy-Most Group will embark on a new "construction project of the century": they will start building a new bridge across the Amur River and the second tunnels on the BAM: Kodarsky and Kuznetsovsky tunnels, as well as the most challenging Severomuysky Tunnel.
