The ITERA International Group of Companies is one of the biggest independent natural gas producers in the CIS and Baltic states. ITERA is highly successful in implementing industrial projects in energy, gas & chemicals and construction in Europe, Asia and America. The company also deals in real estate and insurance markets.

ITERA has 160 representative offices, branches and subsidiaries in Russia, the CIS, the Baltic states, the rest of Europe and the United States.

Since 1998, ITERA has invested $1 billion and is developing its own gas production in the Yamalo-Nenetskiy Autonomous District in West Siberia, Russia.

These have increased total output to more than 100 billion cubic metres of natural gas per annum.

The company is taking part in the establishment of the gas distribution system in Russian regions and has also been implementing oil production projects in the last few years.

Igor Makarov - Chairman of Board of Directors ITERA Oil and Gas Company Ltd. : "For us, participating in the launch of the Moscow School of Management SKOLKOVO is a strategic investment in the future of the Russian economy. This is an investment in ITERA's future as well."