Basic Element (company)

The Basic Element Ltd.. ( often shortened Basel called; Russian Базовый элемент ) is a global Russian conglomerate. It is 100 % owned by the Russian oligarch Oleg Deripaska and whose investment company and asset holding its corporate investments. The company is headquartered Moscow. Basic Element was founded in 1997.

Business and key figures

The companies belonging to Basic Elements, operating in six major business areas: energy, production, raw materials, financial services, construction and aviation. Among them are located next to Russian companies also many in other countries.

The consolidated sales of investments in 2006 amounted to approximately EUR 18 billion U.S. dollars. In these organizations together around 600,000 people were employed.

Energy sector

The energy sector is summarized in the En Group. It includes production and sale of aluminum, bauxite, petroleum and electric power generation. The most significant contribution are the UC RUSAL aluminum plants.

The UC RUSAL is the world's largest manufacturer of aluminum ( 4.2 million tonnes in 2007 ). There are over a hundred thousand people are employed. Basic Element holds a 56.76 percent stake in UC RUSAL.

The CEAC operates a smelter Kombinat Aluminium Podgorica in Podgorica in Montenegro and the bauxite mine bauxite mine in Niksic Niksic in Montenegro. Both companies generate about 15 percent of the gross national product of Montenegro and employ over 4,000 people.

The EuroSibEnergo is the most important Russian energy producer. The company was founded in July 2001 and is involved in the following companies:

  • OJSC « Krasnojarskaya HPP »
  • OJSC « Irkutskenergo »
  • Group of companies Volgaenergo
  • CJSC marem - electricity trading company
  • LLC EuroSibEnergo -engineering
  • Vostsibugol Company Ltd.

It produces about 75 TWh of electricity and 30,000 Gcal heat for about 5 million people.

The United Oil Company was founded in 2005. It includes promotion, extraction and refining of petroleum. It includes the following companies:

  • Afipsky Oil Refinery
  • JSC Kuban Oil Resources
  • Invest OJSC Samara Oil
  • Vai -Garant
  • Yug- Neft Group

The DOZAKL group was founded in 1976. You created aluminum products (aluminum cans, etc. ) in over 20 countries and has over 2,000 employees.

Resource sector

The resource sector includes investments in the wood and paper industry and the mining companies. Sales in 2007 amounted to about 630 million dollars.

Continental Management holds interests in wood and paper industry. There are approximately 450,000 tons produced annually in paper and paperboard of approximately 14,160 employees. The turnover is 12 billion annually.

The SMR is engaged in the exploration, production, etc. enrichment of metals, especially molybdenum. It produces about 5.5 percent of the European market molybdenum.

Production sector

The manufacturing sector produces motor vehicles, automotive components, aircraft, weapons, vehicles and railway wagons. In the year 2007 226.192 Van ( LCV) and trucks, 22,344 buses, 40,034 passenger cars, 111 399 engines and 5,116 railroad cars were built. The area has over a hundred thousand employees. The turnover has increased from 3,527 ( 2005 ) to 4,541 ( 2006 ) to 6,175 ( 2007 ) million dollars.

The GAZ Group was formed in 2005 from the restructuring of JSC RusPromAvto. It is the largest Russian car producer and has 18 factories in 10 regions and the LDV Holding in the UK.

RM Systems manufactures automotive components in Nizhny Novgorod in the Volga Federal District.

Aviacor builds, repairs and maintains aircraft Tupolev Tu- 154M and Antonov An - 140. Aviacor will probably build in particular regional turbo- propeller airplanes Antonov An-140.

The VPK Military Manufacturing Company specializes in tanks and military vehicles. For area includes the Arzamass engineering factory in Arzamas, Hull Plant in Vyksa (both in the Nizhny Novgorod Oblast ) and Barna ultra Smash in Barnaul in the Altai region. It will be produced and maintained especially armored vehicle models BTR -80, BTR -90 and BRMD -2M.

The JSC Russian Corporation of Transport Manufacturing is a manufacturer of railroad cars (eg Open Wagons, boxcar, tank wagons and wagon for ISO container, etc.). The new company is headquartered in Saransk in the Republic of Mordovia.

Financial Services

The financial services include insurance companies, banks, leasing companies and pension funds. It includes more than 8,000 employees and has over 770 outlets. The turnover has increased from 1,476 million dollars in 2006 to 1,920 million dollars in 2007.

The Ingosstrakh is one of Russia's largest insurance groups. The insurance company founded in 1947 has over 83 regional offices and is represented in 221 cities. He is also represented in five CIS countries.

The Soyuz Bank was founded in 1993. She is among the 30 largest banks in Russia. She has over 55 branches in 20 Russian regions. It has a capacity of 91 980 million rubles in 2007 and a net profit of 1,029 million rubles in 2007.

The element Leasing offers small and medium-sized leases, especially for motor vehicles. It has offices in over 50 cities and one of the three largest Russian leasing companies.

Pension funds and NPF NPF Socium Stroycomplex offer pension fund for more than 120 of the largest companies in Russia.

Construction sector

The construction sector is developing transport infrastructure, commercial and residential real estate. The most important companies are Glavstroy, Transstroy and Altius Development. The turnover has increased from 1,045 million dollars in 2006 to 1,559 million dollars in 2007 to 49 per cent. The construction sector has over 30,000 employees.

The Glavstroy Corporation developed primarily building in Moscow and St. Petersburg. This includes the housing company Glavmosstroy with numerous apartment buildings in Moscow. It employs over 20,000 people.

The Transstroy is one of the largest holding companies ( such as roads, highways, bridges and tunnels ) focuses on building transport infrastructure. Transstroy developed the beltway, the seaport and the flood protection in St. Petersburg. The runways at airports Pulkovo in St Petersburg and Gelendzhik. A number of streets and buildings for the 2014 Winter Olympic Games will be built in Sochi in Krasnodar region.

Transstroy will also build the new football stadium for Zenit St Petersburg.

Altius Development

BEL Development

The BASEL Cement ( founded in 2006 ) produces about 1.4 million tons of cement and 0.54 million tons of plaster.

The Russian hotels is responsible for the development, planning, construction and operation of hotels. There 16 major hotels have already been developed and operated in Russia and the other CIS countries. Russian hotels will build some new hotels for the 2014 Winter Olympic Games in Sochi in Krasnodar region

Basic Element holding a 25 percent stake in Strabag SE.

Aviation sector

Basic Element has four airports in the aviation sector and a regional airline, especially in the Krasnodar region in southern Russia. This particular economic interest due to the 2014 Winter Olympics in Sochi, but also because of tourism on the Black Sea coast.

The four airports in the Krasnodar region have handled about 7% of passenger and approximately 4% of freight volume in Russia in 2007. The aviation sector had 4,750 employees and a turnover in 2007 of 272 million dollars.

Basel Aero was founded in 2007 as an airport operating company. It will be played the following airports in Russia:

The Sochi airport has two runways, 11 boarding gates and a passenger capacity of max. 800 passengers per hour. He has 1,000 parking spaces. In 2007 a ​​new terminal was opened with more than 60,000 square meters. In 2007, 1.59 million passengers were handled. As part of the 2014 Winter Olympic Games of Sochi Airport to be expanded to a capacity of 4 million passengers.

The Krasnodar airport has three terminals ( International, Domestic flights freight). It can 38 planes be handled simultaneously. In 2007, 1.39 million passengers were handled. It is the home airport of Kuban Airlines.

The Anapa airport has a capacity of 400 passengers per hour. In 2007, 0.69 million passengers were handled.

The Gelendzhik Airport is located on the Black Sea coast in Gelendzhik in the Krasnodar region. It has a runway of 3.100 × 60 meters and an area of ​​28,000 square meters.

Kuban Airlines has 21 aircraft davom, 12 of type Yakovlev Yak -42 and is based at Krasnodar airport. Kuban Airlines was founded in 1993 and reorganized in 2006. It will be served numerous cities in Russia and some international destinations. 2012 has ceased operations.

(Selection )

  • 66 % of the world's largest aluminum producer Rusal U.S.
  • 25% of the Austrian construction company STRABAG SE. This participation Deripaska bought over his construction company SIBAL in April 2007 for more than one billion euros.
  • 20% of the Canadian auto supplier Magna International, which but 43% of the votes. The purchase price for this business alone amounted to 1.14 billion euros.

For both investments together Basic Element bought shares worth the equivalent of more than 1.5 billion euros.

  • Around 25 % ( blocking minority ) in Norilsk Nickel, a merger with U.S. RUSAL is intended

Impact of the financial crisis

As a result of the financial crisis had the construction company Glavstroy beginning of March 2009, four major building projects in Saint Petersburg to give up and sell to the investment company Nafta Moscow the oligarch Suleiman Kerimov Abusaidowitsch.

The automotive Holding GAZ Group ( Группа ГАЗ ) came mid-February 2009 in significant financial difficulty. This includes the Gorkowski Awtomobilny Zavod ( GAZ ).