Renova Group

Renova Group is a Russian conglomerate with interests in aluminium, oil, energy, telecoms and a variety of other sectors. The main owner and president is Viktor Vekselberg who founded the company in 1990.[1]

Renova Group
Limited liability company
IndustryInvestments
Conglomerate
Founded1990 (1990)
FounderViktor Vekselberg
Headquarters,
Key people
Viktor Vekselberg (Chairman)
Revenue2,166,000,000 US dollar (2007) 
184,000,000 United States dollar (2007) 
Websitewww.renova.ru 

The Renova Group is primarily active in Russia, the C.I.S. states, Switzerland, South Africa and the United States. Its major assets include participation in the oil company TNK-BP and in aluminum producer RUSAL.

In 2010 Renova Group entered into an agreement to provide funding for Fort Ross. It is parent company of private equity firm Columbus Nova.

Structure

Companies of the group:[2]

Directly controlled

  • Octo Telematics
  • Big Pension Fund
  • Airports of Regions
  • Zoloto Kamchatki
  • Ekaterinburg non-Ferrous Metals Processing Plant
  • CJSC Rotec
  • Ural Turbine Works
  • Investment fund New Europe Real Estate Ltd. (NERE)

Management companies

  • Renova Management AG (RMAG)
  • AKADO
    • Akado Telecom
  • Orgsyntes Group
  • KORTROS
    • Academia City
  • Energoprom Group
    • Novocherkassk Electrode Plant
    • Novosibirsk Electrode Plant
    • Chelyabinsk Electrode Plant
  • Columbus Nova

Shares in companies

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References

  1. "About Company". Retrieved 15 November 2016.
  2. "Renova group structure". Renova.ru. Retrieved 1 September 2017.


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