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25 Feb, 2025

French Infrastructure Holding Vinci Exits Russia

Business NewsForeign Business

Natsproyektstroy has acquired the stake of Vinci S.A. in North-Western Concession Company LLC (Северо-Западная концессионная компания, or SZCC), RBC reports, citing a source familiar with the companies’ negotiations, which was confirmed by another source.

SZCC was established in 2007 as a joint venture between Mostotrest and Vinci, and won the tender for the construction and operation of a key section of the Moscow-St Petersburg high-speed motorway (Mostotrest later transferred its stake to Natsproyektstroy).

Vinci S.A. is one of the largest infrastructure holdings in Europe. It is involved in the construction and concession-based management of motorways, railways, airports, and stadiums. The company is also actively engaged in energy infrastructure, including wind and solar power projects.

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