April 30, 2016 9:07 PM ET

Industrial Conglomerates

Company Overview of Renova Group

Company Overview

Renova Group is a principal investment firm specializing in investments in metals, mining, chemical, construction, transport, energy, telecommunication, high-tech machine building, public utilities and financial sectors. The firm primarily makes investments in in Russia, abroad with a focus on CIS, Switzerland, Italy, South Africa and USA, and outside Russia in consistency with the strategic development logics of the firm’s conventional industries and synergy with Russian assets. It prefers to make joint investments with controlling stake. Renova Group is based in Moscow, Russia. Renova Group was founded in 1990 and is based in Moscow, Russia.

Malaya Ordynka, 40

Uniform Information Service

Moscow,  115184

Russia

Founded in 1990

Phone:

7 495 720 4999

Fax:

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
Member of Supervisory Committee
Age: 58
Managing Director
Age: 60
Chief Legal Officer and Member of The Executive Board
Age: 43
Compensation as of Fiscal Year 2015.

Renova Group Key Developments

Renova To Sell Stake In Airports And Gateway

Renova Group intends to sell a minority in ZAO Airports of Regions. Renova will sell minority to a foreign investor in order to fund the development of its business, such as the construction of the new Yuzhny airport in Rostov. Renova Group is also in talks with JSC VTB Bank (LSE:VTBR) to acquire a controlling stake in Northern Capital Gateway LLC, which holds a concession to St. Petersburg's Pulkovo Airport.

Renova Considering Privatization Interested In Mining Industry

Renova Group is interested in privatization of assets particularly in the mining industry said Victor Vekselberg Chairman of Renova on February 13, 2016.

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.

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