Moscow Times, 16 February 2012

Vneshekonombank has purchased a minority share of the offshore holding that owns one of Russia’s largest information technology systems integrators.

According to a report of the bank’s activities for the last quarter of 2011, Vneshekonombank, or VEB, now owns 13.12 percent of the charter capital of Devenny Holding in Cyprus and 10.8 percent of its common shares. The holding owns 99.99 percent of Compulink Group.

Compulink founder and main shareholder Mikhail Lyasch told Vedomosti that VEB did become a minority shareholder of his company, which includes Compulink Infrastructure, Compulink Integration, EvrazTelekom, Redlab/Redcenter, Perimetrix and Quorum.