All contents of this website are owned by IBS Group Holding Limited ("IBS"). The terms on which you are entitled to access and use this website are set out below. Your access to and use of this website will be deemed to constitute acceptance of these terms. If you do not wish to be bound by these terms, please do not access or use this website.

This website and the material on it has been prepared solely for information purposes, and is not an offer to sell or a solicitation of an offer to buy or sell any security, product, service or investment. It must not be relied upon in connection with any investment decision. The opinions expressed in this website do not constitute investment advice and independent advice should be sought where appropriate. Neither the provision of the materials on this website nor its access by any person shall be deemed to give rise to any commitment or obligation on the part of IBS.

This website is provided for your personal and non-commercial use only. You may not copy, display, reproduce, decompile, distribute, publish, modify, upload to, create derivative works from, sell or in any way exploit any part of this website or the material on it without the prior written permission of IBS. You may copy the material on this website for your own non-commercial use, provided that any copy retains in full all copyright or proprietary notices and these terms of use.

This website and the materials and services available on it are provided on an «as is» and «as available» basis without warranty of any kind, either express or implied, including but not limited to implied warranties or conditions of completeness, accuracy, sufficiency, reliability, merchantability, satisfactory quality, fitness for a particular purpose or non-infringement of third party rights. IBS accepts no responsibility or liability for the functions contained on this website, and makes no warranties that such functions are free from interruption or error, that defects will be corrected, or that the website or server on which it is hosted is free from viruses or other damaging things. IBS shall not be liable to make any contribution to the cost of any servicing, repairs or corrections required by you.

Please note that the laws of some jurisdictions do not allow the exclusion of warranties or allow their exclusion only to a permissible extent, so the above disclaimer may not apply to you, or may only apply to such permissible extent.

Please note that the internet is not a fully-secure medium and is subject to possible interception, loss, corruption, or alteration of communication. As visitors access this website on a server in the [Russian Federation], the information contained in this website is deemed to be provided in the [Russian Federation] and is subject to the applicable laws of the [Russian Federation]. If you access this website from outside of the [Russian Federation], you do so at your own risk and are responsible for compliance with local, national or international laws including, without limitation, securities laws.

Please note that although this website is updated periodically, it may not always contain the most current information. The passage of time and/or the occurrence of subsequent events may have rendered the information contained therein inaccurate or incomplete. The website and the information (including changes to the terms herein) may be changed or updated from time to time without notice. Past performance should not be taken as an indication or guarantee of future results, and no representation or warranty, express or implied, is made regarding future performance.

This website may contain forward-looking statements including statements concerning plans; opportunities; negotiations; markets and economic conditions; availability of financing; and property values. You can identify forward looking statements by terms such as “expect,” “believe,” “anticipate,” “forecast,” “estimate,” “intend,” “will,” “could,” “may” or “might,” the negative of such terms or other similar expressions.

Such forward-looking statements are not guarantees of future performance of IBS or any other party. Such forward-looking statements speak only as the date on which they are made. IBS does not undertake any obligation to revise these forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, whether as a result of new information, or otherwise.

Actual results may differ from those suggested by forward-looking statements due to factors outside of IBS’s control, including changes in the relevant market or in general economic conditions, including the possibility of a general economic slowdown or recession; product and geographical concentration; industry competition; changes in interest rates and capital markets; discretionary government decisions; changes in the management team; changes in tax laws; weather conditions and other natural occurrences that may affect IBS’s business or cause damage to assets; liability for environmental remediation and changes in environmental laws and regulations; failure or inability of third parties to fulfil their commitments or to perform their obligations under agreements; failure of parties to reach agreement on definitive terms or to close transactions; risks related to the financial strength of joint venture projects and co-owners; shortages in electrical power; our success at managing the risks of the aforementioned factors; and other risks inherent in the relevant business.

Using this website, you do not disclose to IBS and IBS does not inquire from you any information or data, except for those that are automatically used by IBS hard- and software due to existing standards and protocols of internet data exchange.

You agree on the use of these data by IBS on terms established by these Website Conditions.

IBS collects, stores and processes this user technical information (including standard information on ip-addresses, cookies, and other data) only for the purpose of technical support of this website’s functioning. Except for cases stipulated by Russian legislation, IBS shall keep in secret any information received from users as a result of their use of this website and shall not disclose this information to third parties.

By setting your software (web-browser, in particular), you may individually change the access conditions for your confidential technical information.

IBS undertakes to inform you of technical information that has been collected and kept in relation to you.

IBS accepts no liability, whether in an action under contract, tort or otherwise, for any direct, special, indirect, consequential or incidental damages or any other damages or losses of any kind, even if IBS has been advised of the possibility of such damage, arising from or attributable to anyone having access to, or using, or not being able to use, this website or any of the products, services and information available on it or otherwise in connection with the transmission, interception or corruption of communications to or from this website. The laws of some jurisdictions do not allow the exclusion of liability for consequential or incidental damages, or allow exclusion only to a permissible extent, so the exclusion may not apply to you, or may only apply to such permissible extent.

You agree to indemnify and defend IBS against all claims, liability, damages, costs and expenses, including legal fees, arising out of a breach of these terms and conditions or any use of this website or the material in it by you including, without limitation, resulting from negligent or wrongful conduct by you.

Websites which are linked to this website are for information purposes only and have not been reviewed by IBS. IBS has no responsibility for and does not endorse or approve the contents of the websites or pages linked to this website, and IBS accepts no responsibility or liability for any losses or penalties whatsoever that may be incurred as a result of linking to any location on any linked sites.

Your use of this website shall be governed by Russian law. Any invalidity of any of these terms of use shall not affect the effectiveness of the remaining terms.

All information contained in this website is subject to change without notice. IBS may at any time alter the contents of the pages on this website, refer the reader to other websites or remove pages from its website. These terms of use may also change from time to time, and your use of this website following any such changes shall be deemed to constitute your acceptance of such modified terms of use.

IBS may terminate your licence to use this website at any time and without notice to you.

These Website Conditions represent an effective official document of IBS and are published on http://www.ibsgr.com on the official website of IBS.

These terms of use constitute the entire agreement between you and IBS regarding your use of this website.