Zyfra’s Joint Venture With Gazprom Neft

Dentons advised Zyfra Group on the deal.

Zyfra Group, a development leader of Industrial Internet of Things and AI solutions, executed a transaction with Gazprom Neft PJSC to set up a joint venture focusing on developing software for the extractive industry. The JV plans to create a market version of a digital industrial platform. The JV’s digital products will be designed to centralize real-time control and create digital twins using artificial intelligence technologies.

Dentons’ work on the project was coordinated by Georgy Pchelintsev (Picture), a partner in Dentons’ Russia IP, IT and Telecommunications practice, who worked with St. Petersburg Corporate and M&A practice colleagues Partner Evgenia Teterevkova and Associate Viacheslav Gareev.

Involved fees earner: Viacheslav Gareev – Dentons; Georgy Pchelintsev – Dentons; Evgenia Teterevkova – Dentons;

Law Firms: Dentons;

Clients: Zyfra Group;