VimpelCom sold 20% of its venture capital investment company to Tagras Holding

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AK&M 18 March 2024 11:38

VimpelCom sold 20% of its venture capital investment company to Tagras Holding. CC LLC "TMS Group" (the management company of LLC "TMS GROUP") became the owner of 20% of LLC "High". Such data is contained in the HONEST BUSINESS information system.

Khive LLC was established by VimpelCom in 2022 specifically for venture financing projects. The company owns shares in thirteen projects, including the Eshopmedia service (automation of advertising sales on websites and in mobile applications), Tamburin systems, New School and others.

The new co-owner (CC LLC "TMS Group") belongs to LLC "Tagras–Holding", which specializes in providing services to companies in the oil and gas and related industries. At the beginning of 2023, the holding was 80% owned by Ilsur Shamsutdinov.

PJSC VimpelCom (Beeline brand; INN 7713076301) is a telecommunications company offering its customers communication services and IT products.

VimpelCom's adjusted net profit for 2023 increased 6-fold to 3.4 billion rubles from 0.56 billion rubles a year earlier. Total revenue increased by 5.9% to RUB 303.5 billion, and EBITDA increased by 9% to RUB 129.1 billion.

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