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Krasnodar region, the Seversky district, village Afipsky, industrial zone
                           353236, Russia Federation



The Krasnodar Region, or Kuban as it is commonly referred to, is one of the most rapidly developing regions in Russia....
The Krasnodar Region, or Kuban as it is commonly referred to, is one
of the most rapidly developing regions in Russia. Not only does the region
provide much of the country’s food production, it is also Russia’s largest
transport hub. Sochi, a town located in Kuban, will host the 2014 Winter
Olympic Games.
The region is becoming an increasingly attractive place for outside
investment. Investor interest in Kuban is growing rapidly—economic
and political stability, favourable conditions for growth and low risk
are the key drivers which contribute towards this. According to an
investment appeal rating, Kuban ranks among the top 10 Russian
regions.
Total investment into the region increases by at least 20% year-on-year,
and the gross regional product grows at the rate of 7% a year. Over the
last five years, the volume of construction work has witnessed a 2.5 fold
increase, and the consumer market has almost doubled in size. According to experts’ estimates, in the next five
years Kuban’s economy is ready to take in tens of billions of euros.
We have set up a special health and recreational economic zone, as well as one of four gambling zones in Russia,
where preferential conditions for business activities will be introduced.
AFIP OIL CONSULT, a subsidiary company of Afipsky Refinery, is responsible for the international trading activities of the OOO Afipsky Refinery for the last seven years and in order to ensure full transparency for both investors and management, all Afipsky Refinery crude oil and products exported from Russia have been handled by the company during this whole period......
2010-08-27
OIL COMPANY ALLIANCE ANNOUNCES OPENING OF BIDS FOR THE PURCHASE OF RUBLE BONDS
Afipsky Refinery, today opened a book of applications to purchase bonds of 03 series of the nominal value of 5 billion rubles. The bonds will be 10 years, producing provided a 3-year offer.

2010-07-29
Afipsky Refinery extends the credit agreement for $ 165 million.
Afiptransoil, a 100-percent subsidiary of Afipsky Refinery, and VTB Bank reported a prolongation of the loan agreement worth $ 1 billion.  (135 million U.S. dollars at current exchange rates), which operates from November 2009. The new credit line is granted for 12 months, the interest rate - 14% per annum. Credit denominated in rubles.

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