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November 28, 2015 10:37 PM ET

Industrial Conglomerates

Company Overview of Renova Group

Company Overview

CJSC Renova Group of Companies, through its subsidiaries, engages in the businesses of metals, mining, chemical, construction development, transport, energy, telecommunications, high-tech machine building, public utilities, and financial sector in the Russian Federation and internationally. It produces aluminum and alumina, manmade fibers and polycondensation systems, drives and shifting solutions, vacuum pumps and components, rolled section and forged pieces of stainless, engineering and tool steel, oil and gas equipment, power generation equipment, cellulose, space and machine engineering solutions, carbon products, gold ore mines, solar power, chromium wires and strips, zinc and beryllium...

Malaya Ordynka, 40

Uniform Information Service

Moscow,  115184


Founded in 1990


7 495 720 4999


7 495 720 4998

Key Executives for Renova Group

Chief Financial Executive and Member of the Executive Board
Age: 42
Chief Operations Officer and Chairman of The Executive Board
Age: 44
Managing Director
Age: 60
Chief Legal Officer and Member of The Executive Board
Age: 43
Member of the Executive Board and Director For Strategic Communications
Age: 46
Compensation as of Fiscal Year 2015.

Renova Group Key Developments

Renova Group Successfully Launches Telematics Management Company, T-One Group

The Renova Group has successfully launched the T-One Group, a telematics company established to develop GLONASS-based telematics products and services for individual consumers and corporate clients. T-One Group has been established by the Renova Group as part of its consistent effort to develop telematics business and expand its footprint in the telematics market.

Columbus Nova Mulls Acquisition of 80% Stake in 12 Russian Channels Of Viacom

Columbus Nova mulls the acquisition of Viacom, Inc. (NasdaqGS:VIAB)'s 12 channels in Russia. The 12 channels include Nickelodeon, Nickelodeon HD, Nick Jr, MTV, MTV Dance, MTV Hits, MTV Rocks, MTV Live HD TV, VH1 European, VH1 Classic, Paramount Comedy, and Paramount Channel. RosBusinessConsulting Database reported that according to a source close to Viacom, the company is seeking acquisition of 80% stake. A source close to Renova Group confirmed the negotiations.

General Electric and ROTEC Sign Agreement of Intent

On June 19, 2015, as a part of St. Petersburg International Economic Forum, ROTEC (Renova Group) and General Electric signed an agreement of intent. The two companies are looking to collaborate in engineering, manufacture and delivery of low-power steam turbines. The agreement provides for cooperation in projects that may be of mutual interest for the companies at a time when oil and gas companies, industrial groups and housing and public services develop their investment programs for construction of distributed generation facilities and replacement of inefficient obsolete capacities. Taking into account the engineering expertise of the parties to the agreement, EPC turnkey projects for delivery of industrial energy facilities will create optimal conditions for potential customers.

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