Alfa Group
| Alfa Group
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | 1989 |
| Seat |
Moscow , Russia
|
| management |
 Mikhail Fridman
|
| Branch | Finances |
| Website | www.alfagroup.org |
The Alfa Group ( Russian Альфа-Групп / Alfa Grupp ) is one of the largest private industrial and financial groups in Russia .
The business areas of the group of companies are oil (formerly " TNK-BP "), gas, raw materials and building materials trading, credit and issuance banking (" Alfa Bank ", the largest private credit institution in Russia, founded in 1991), insurance (" AlfaStrachowanije "), retail (“ X5 Retail Group ”), food processing, telecommunications and water supply (“ Rosvodokanal ”).
The group was founded in 1989 by Mikhail Maratowitsch Fridman (one of the most influential Russian oligarchs ) and Pyotr Aven . The company emerged from "Alfa-Eco", a trading company founded by Fridman in 1988. The company's headquarters are in Moscow.
history
2003 sold Fridman half of its stake in Tyumen Oil to BP for the equivalent of 6.15 billion US dollars . The entry of BP was the largest foreign investment in a Russian company to date.
The X5 Retail Group emerged from the Pyaterochka Holding in 2006 after the discount retail giant Pyatjorochka took over the large supermarket chain Perekrjostok .
In 2013 the 25% stake in TNK-BP was sold to Rosneft . The investment company LetterOne was founded from the proceeds of almost 14 billion US dollars .
In 2015, the Alfa Group's net income was $ 480 million.
In 2016, Alfa Group announced investments of $ 3 billion in the healthcare sector by 2019. These should start in the United States.
Due to the US sanctions against the Russian military-industrial complex from 2017, Fridman announced the withdrawal from this area for Alfa Bank. Novaya Gazeta wrote that the partnership with the Russian regime cost business people ever higher prices. Alfa Bank was forced to close its offices in New York.
structure
ABH Holdings SA (ABHH) holds the bank holdings of the Alfa Group (Alfa-Bank and Amsterdam Trade Bank). Alfa-Capital Management Company LLC acts as an investment company and Alfa Capital Partners (ACP) as a private equity company.
- Joint ventures
"Alfa Group" has a stake in the Smirnoff trading company , the second owner is Diageo . Via the telecommunications subsidiary Altimo , "Alfa Group" also holds 32.9% of the voting rights in VimpelCom , Russia's second-largest mobile operator ( Telenor holds a 26.6% stake ).
With the acquisition of 3.3 billion US dollars (2.7 billion euros) in the Turkish wireless operator Turkcell , the Alfa Group also undertook the largest foreign investment by a Russian group to date (the Swedish-Finnish wireless operator TeliaSonera holds 47 percent of Turkcell ). The "Alfa Group" also holds a blocking minority in the third largest Russian mobile phone company, MegaFon , in which TeliaSonera holds 44 percent.
Web links
- Official website of the Alfa Group
Individual evidence
- ↑ a b Annual Report
- ↑ Clive Minchom: Mikhail Fridman's Alfa Group Russian Sets Up New Investment Company in London. In: Jewish Business News . June 19, 2013, accessed April 3, 2016 .
- ↑ S&P Global Ratings Upgraded Alfa-Bank's Outlook to Stable. (No longer available online.) In: alfabank.com. Archived from the original on September 20, 2016 ; accessed on May 29, 2020 .
- ↑ Irina Reznik, Alexander Sazonov: Russian Oil Billionaires' Next Big Investment - American Health Care. In: Bloomberg.com . July 14, 2016, accessed September 28, 2016 .
- ↑ No ruble for the defense industry , Novaya Gazeta, January 6, 2018