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Today's paper. Last Updated: 05/25/2012

Renova

Holding Companies

Renova

Web-site: www.renova.ru/en/

"Renova Group of companies is Russia's leading private business group that consists of asset management companies and direct and portfolio investment funds owning and managing assets in metals mining, oil, machine building, mining, construction development, energy, telecommunications, nanotechnologies, utilities and financial sector in Russia and abroad." (www.renova.ru/en/about/)

Revenue (H1 2008): $2.97 billion

Assets (IFRS, H1 2008): $28.7 billion

Main assets: 42% Oerlikon, 30% Sulzer, 12.5% ÒNK-BP, 6.93% UC Rusal, controlling interest in Rotec. 

Headquarters: Moscow, Russian Federation

Latest mentions Search for Renova

Residents Band Together at Elite Village

At an elite gated community in the Moscow region called Angelovo, some residents believe that they are overcharged, some want to form a committee and three of them walk a kilometer from the gate to their house because the family’s relations with management are so frayed.

Summa Reported to Buy FESCO

Investment and trading group Summa has agreed with businessman Sergei Generalov to buy control of transportation group FESCO for about $1 billion.

Chelsea Is the Luckiest Team in Football

Lots of money, lots of luck and players who didn't care about winning ugly, just so long as they won, turned Chelsea into the champions of Europe Saturday night.

Anti-Kremlin Camp Running Out of Options

Following police raids and complaints from local residents, the future of an opposition encampment looked grim Thursday.

Pushkin Square Getting a Makeover

City Hall is seeking a developer for the redevelopment and the reconstruction of Pushkin Square, one of the capital's most famous public spaces and a gathering point for protesters.

United Russia Stalwart Takes Samara's Reins

The governors of the Samara and Leningrad regions resigned Thursday as the Kremlin pushed ahead with a campaign to replace unpopular regional leaders before the first direct gubernatorial elections this fall.

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