EPAM Advises on Creation of Largest Insurance Company in Russia

EPAM Advises on Creation of Largest Insurance Company in Russia

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Egorov Puginsky Afanasiev & Partners has advised the SOGAZ group on its October 31, 2018 agreement to acquire 100% of VTB Insurance IC from the VTB Group.

According to EPAM, "as a result of the transaction, the insurance assets will be merged with the SOGAZ group, lesding to the creation of the largest insurance company in the market."

The EPAM team was led by Partner Arkady Krasnikhin, working with Vyacheslav Yugai and Alexandra Sofronova. On tax issues, the SOGAZ Group was advised by Counsel and Head of Tax Sergey Kalinin and Senior Associate Ekaterina Roletr.