VTB will finance the production of pumps and compressors for housing and utilities and energy.

      June 8, 2026 13:59 Economy VTB Bank and the GMS Group have agreed to expand cooperation at the SPIEF-2026. The document provides for the financing of projects and the investment program of the GMS Group, comprehensive consulting in the banking sector, and joint development of modern solutions for managing financial flows. "The activities of the GMS Group are strategically important for key sectors of the Russian economy—from energy and the oil and gas complex to infrastructure and housing and utilities. Our joint work will open new opportunities for the implementation of significant projects for the technological and industrial development of the country," said Dmitry Sredin, head of the client relations department for market sectors and senior vice president of VTB. Artem Molchanov, general director of the GMS Group, emphasized that the agreement will combine the company's production capabilities and the bank's financial expertise and will serve to strengthen the technological sovereignty of the country. The NIA "Nizhny Novgorod" has channels on Telegram and MAX. Subscribe to stay updated on major events, exclusive materials, and timely information. Copyright © 1999—2025 NIA "Nizhny Novgorod". When reprinting, a hyperlink to NIA "Nizhny Novgorod" is required. This resource may contain materials 18+