Private placement of "MedProm Bobeny Production" to financial investor

07 August 2015
Advance Capital team is pleased to announce the successful completion of fund raising for the Russian medical syringes plant “MedProm Bobeny Production”. 

Proceeds will be applied to achieve annual production capacity of 450 million syringes, which will turn the Company into the largest and the most modern syringe plant in Russia. According to Evgeny Antipov, Managing director of Advance Capital, this deal illustrates the unique competence of his team in attracting equity and debt financing, regardless of the current macroeconomic challenges and market turbulence. At present, Advance Capital team focuses mostly on fund raising for the following types of opportunities: stagnation-resistant / import substitution projects, special situations and promising early stage opportunities.

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