the Ministry of Industry and Trade of the Russian Federation

Mikhail Maratovich Fridman (born 21 April 1964) is a Russian business magnate, investor and philanthropist. He also holds Ukrainian and Israeli citizenship. He co-founded Alfa-Group, a multinational Russian conglomerate. According to Forbes, he is the second richest Russian as of 2017. In May 2017, he was also ranked as Russia's most important businessman by bne IntelliNews.

Fridman has been an active supporter of Jewish and Russian cultural initiatives in Europe and the world. In 1996 Fridman was one of the founders of the Russian Jewish Congress, now sitting on the RJC Presidium. He is vice president of the Russian Jewish Congress and head of its cultural committee.

Fridman is the largest shareholder of Alfa Group, an investment company that owns stakes in Alfa Bank, Russia's second biggest bank, and X5, a Russian food retailer. Through Luxembourg-based LetterOne he owns stakes in German oil and gas producer DEA and the international mobile-phone operator Veon.

Russian-Chinese aircraft must surpass Airbus and Boeing


The parties are going to invest $20 billion into the project.

Mercedes from Peshki: why Daimler opens a new plant in Russia


Daimler plans to build a new factory near Moscow. The German carmaker acts contrary to the market: car sales in Russia are falling and competitors are cutting investment.

Superjet flew into the budget


Mikhail Pogosyan is released from his position of the President of United Aircraft Corporation. 

Ministry of Industry has ordered to design a car for the President for 8 billion rubles


The Ministry of Industry and Trade has placed an order for the design and production of Russian-made cars for top officials.

The husband of singer Alsu, businessman Yan Abramov starts mega-project in the Urals


The cost is 17.3 billion rubles.