Alfa Group Consortium is one of Russia's largest privately owned investment groups, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special situation investments. Alfa Group's portfolio of companies includes Alfa-Bank, TNK-BP, VimpelCom, X5 Retail Group, A1 Group, Alfa Capital Management, AlfaStrakhovanie Group, Rosvodokanal Group, and Morginsuisse Holdings.
The group was founded in 1989 as Alfa-Eco by Israeli-Russian businessman Mikhail Fridman, the second wealthiest man in Russia, in partnership with German Khan, Alexei Kuzmichov, Alexander Kushev, and several other partners.
Its headquarters are in Moscow. As a holding company, in the financial year ending December 2010 Alfa Group had total assets of US$59,900 million, total equity of US$21,790 million and profit for the financial year of US$2,810 million. Return on shareholders' equity were recorded at 13.4%.
In the procession through the desert in Israel, dedicated to the holiday of Passover, traditionally attended by rich Russians.
DIA and Alfa Group are pursuing Vneshprombank co-owner George Bedzhamov.
The investment division of Alfa Group plans to buy the 4-star Bridge Resort Hotel in Sochi, which is pledged in VEB.RF. The hotel was erected by the Mostovik company, which went bankrupt after the Olympic construction projects.
The three-year conflict of shareholders of the largest producer of plastic pipes is exhausted.
The co-owner of Magnit, Alexander Vinokurov, is already trying to build a large pharmacy network in partnership with Alfa Group, whose former employee was recently. But the market is too hot. Will Vinokurov succeed in achieving significant success with the help of Sergei Galitsky's brainchild?
The combined oil and gas company Wintershall DEA, which Alfa Group co-owners create together with BASF, will cost "roughly" 20 billion euros, German Khan said. Russian shareholders will receive 33% in it.
Member of the Supervisory Board of Alfa Group, Herman Khan, talked about his attitude to the Kremlin list, the reasons for increasing the role of the state in business and how much the Wintershall DEA could cost.
Rosvodokanal signed a partnership agreement with the French Veolia and RFPI, and intends to increase revenues to 1 billion euros in the coming years. Such Napoleonic plans will be realized due to the increased knocking out of money from consumers.
Alfa Group Mikhail Fridman is considering the possibility of selling a water operator Rosvodokanal, which owned 15 years, told sources RBC. Uncertainties with tariffs make the risk too high, analysts say.
Forbes magazine published the 15th updated rating of Russia's 200 richest businessmen, whose overall condition is estimated at $ 485 billion.
The list of richest people in Russia, according to Forbes magazine, was replaced by the leader. He became the owner of a controlling stake in the Novolipetsk Metallurgical Combine (NLMK) Vladimir Lisin. His state of the publication was estimated at 19.1 billion dollars.
In the United States, new charges were brought against the case of Russia's interference in US elections. Lawyer Alex van der Zwaan, the son-in-law of Russian billionaire Herman Khan, was accused of lying about negotiations with former assistant to Trump Chief of Staff Rick Gates.
In the "Kremlin report" of the US Treasury, there are more than 200 people: officials, heads of state companies and billionaires.
The son-in-law of Russian Foreign Minister Sergei Lavrov could "inherit" in the automotive business, experts suggest.
What should expect the Russian billionaires in the context of the fight against money laundering in the UK.
The British authorities have begun a new stage in the fight against the legalization of criminal incomes by foreigners. First of all, the so-called politically significant persons fall under suspicion.
What Russian billionaires say about the fate of their capitals.
He also hopes to exhibit a collection of his porcelain in the Victoria and Albert Museum.
List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.
He became the sole owner of the pharmaceutical distributor SIA International.
Shareholders of Alpha Group may face claims on multi-million dollar bribe in the European Union.
The corporate recovery will affect only non-core assets of the group.
According to Russian media, the head of the investment division of Rostec Corporation, Andrey Korobov, is supposedly leaving his post soon. He will be replaced by the head of the investment company A1, Alexander Vinokourov, who is married to the daughter of Russian Foreign Minister Sergey Lavrov, Katerina. And this is the main advantage of this investment banker.
The son-in-law of the Russian Foreign Minister Sergey Lavrov is actively involved in the seizure of foreign assets and corporate scandals.
President of investment company A1, Alexander Vinokurov, became the controlling shareholder of SIA International, one of the leaders in the distribution of medicines in Russia. He plans to regain its lost supremacy in the market.
Forbes asked the Russian billionaires, what they were doing in relation to the new law on foreign-controlled companies.
Ukrainian lottery market may soon go completely under state control.
LetterOne has up to six months to ensure the change of ownership of assets.