Sberbank : Sber and Eurasian Resources Group agree on collaboration in digitization of business

At the 24^th St. Petersburg International Economic Forum, Sber and Eurasian Resources Group (ERG) have signed a memorandum of intent to collaborate on the digital transformation of business. Senior Vice President and Head of SberCIB Andrey Shemetov and ERG CEO Benedikt Sobotka signed the document.

The agreement provides for cooperation in a number of areas:

· creation and development of IT architecture

· development, implementation, adaptation, and scaling of IIoT solutions

· joint development and implementation of HR service processes

· cybersecurity.

Keys to a company's success today are flexibility and quick responses to customer requests and new environment. Sometimes, you even need to stay ahead of them. New tech and a digital environment are there to support these competences. Sber is among the tech leaders in Russia and CIS. One of our missions is to help our clients become successful and we are ready to share cutting-edge solutions with them, facilitate their adoption and functioning in a company. In line with the memorandum we have signed with Eurasian Resources Group, our old partner, we will be developing innovative and technological solutions. I am confident that our tech partnership with the group will be a fruitful and long-term one.

Andrey Shemetov

Senior Vice President, Head of SberCIB

We have advanced substantially in the use of digital solutions in the last few years, becoming a leader in the mining and metals sector. Digitization is also vital for ERG's regions of operation. We work on smart facilities in Kazakhstan, improving the reliability and eco-friendliness of the business through modern technology. In the Democratic Republic of the Congo, tech like blockchain allows for the tracking of produced materials throughout the value chain and makes transparency available while removing child labor. The Battery Passport initiative that the company is running with Global Battery Alliance offers a solution to formalize the products manufactured in compliance with the ethical business principles. Sber is one of the digital domain leaders worldwide that we can learn a lot from, and we are happy that we are of one mind moving in the same direction, and that the company's projects and initiatives along with our digitization strategy are of interest to our long-term strategic partner who supports these efforts of ours.

Benedikt Sobotka

CEO, Eurasian Resources Group