UC Rusal

UC Rusal (Rusal) is a Russian and international company, one of the world leaders in the production of primary aluminum (7% of world production). The company "Rusal" was established in 2000 with the merger of assets of "Siberian Aluminum" Oleg Deripaska and Mikhail Cherny with aluminum assets of Roman Abramovich. In 2001, Chernoy sold his stake in the aluminum business to Deripaska. Abramovich sold 25% of Rusal to Deripaska for 1.578 billion dollars in September 2003, and in the fall of 2004 the remaining 25% was sold.

United Company RUSAL (UC Rusal) was established in 2007 as a result of the merger of RusAl with SUAL Viktor Vekselberg and alumina assets Glencore. Shareholders (company data as of March 31, 2016): En + Group Limited under the control of Oleg Deripaska (48.13%), Onexim Holdings Limited under the control of Mikhail Prokhorov (17.02%), SUAL Partners Limited under control Victor Vekselberg and Leonard Blavatnik (15.8%), a subsidiary of Glencore International Plc - Amokenga Holdings Limited (8.75%), management (0.25%), the rest in free circulation (10.05%).

In August 2017, the share of SUAL Partners Limited increased to 22.08%, while the share of Onexim Group decreased to 6.7%. Financial indicators (IFRS, 2015) were: revenue - 8.7 billion dollars, net profit - 558 million dollars. The company's revenue in 2016 under IFRS amounted to 7.983 billion dollars, net profit - 1.179 billion dollars. The company's debt at the end of 2016 amounted to 10.9 billion dollars. Production of primary aluminum in 2015 amounted to 3.65 million tons, in 2016 - 3.685 million tons. The company's revenue in 2017 amounted to 9.97 billion dollars, net profit - 1.077 billion. The company employs 60,000 people (2017).
Official site.

Oleg Deripaska becomes accustomed to the state


The government will purchase 50 billion tons of primary aluminum from Rusal to the Rosrezerv for 10 billion rubles. Oleg Deripaska had previously offered to purchase up to 1 million tons of metal at public expense.

ING Bank dedollarised Oleg Deripaska's loans


The Dutch bank transferred the settlement of loans from Rusal from dollars to euros. Total Oleg Deripaska’s company owes the Dutch more than $ 2 billion.

Dmitry Medvedev promised to boycott the Davos forum


Officials and businessmen will ignore the forum if the organizers refuse to invite Deripaska, Vekselberg and Kostin.

The US Treasury gave Oleg Deripaska a fourth reprieve


This was a tactical victory for the hired oligarchs in the US lobbyists. Until January 2019, Washington allowed to cooperate with the toxic Rusal.

Rusal will change the registration on the Russian


Rusal announced the re-registration from the island of Jersey to Russia. The company explained that this is the best solution for it.

GAZ Group is trying to get rid of US sanctions


But for her, getting into the sanctions list, unlike other Deripaska company - UC Rusal is far from being so dramatic.

Dudley's defense: why the head of BP stood up for Rosneft and Gazprom


The head of BP, Bob Dudley, said that restrictions on Rosneft (at BP 19.75%), Gazprom and LUKOIL, similar to sanctions against UC Rusal Oleg Deripaska, will not be imposed. Otherwise, the power system of Europe is waiting for the collapse, he warned.

UC Rusal increased exports of aluminum


Consumers buy metal in store for fear of the start of sanctions against the company.

Oleg Deripaska became homeless in the USA


Oleg Deripaska’s assets, including his luxury real estate, have been frozen in the United States.

Washington gave Oleg Deripaska some more time


The US Treasury extended the deadline for allowing US companies to work with the toxic Russian aluminum oligarch until November 12 of this year.

Rusal plant in Armenia stops due to US sanctions


The "Armenal" rolling mill went into idle mode: its products are not sold.

The British court prescribed the rules of the game for shareholders of Norilsk Nickel


The London court forbade Vladimir Potanin to increase the package without Oleg Deripaska.

The USA did not fully cover the oxygen to Oleg Deripaska


The US Treasury has given permission to enter into new contracts with Rusal and the GAZ Group, but only to their old counterparts.

Roman Abramovich and Alexander Abramov sank Vladimir Potanin in the High Court of London


The British court said why in a dispute between the shareholders of MMC Norilsk Nickel, he ruled in favor of Oleg Deripaska. An important factor was the strange refusal of Abramovich and Abramov to give testimony in favor of Potanin, whom they wanted to sell shares of MMC.

Rusal started the conservation of production at a number of plants


UC Rusal may begin to reduce production of aluminum in September, which will affect the work of Siberian plants.

Oleg Deripaska will move to a non-existent island in Kaliningrad


The oligarch structures are planning to leave the island of Jersey and Cyprus, however, the offshore island of October in Kaliningrad does not yet exist.

Rusal of Oleg Deripaska could lose the European market of primary aluminum


The contracts of the Russian aluminum company for next year are in question.

Oleg Deripaska did not become an American spy


The New York Times described how the Russian oligarch rejected the FBI proposal for cooperation.

The Central Bank has caught companies close to the "Finam" in the manipulation of the market


They made an economically meaningless transaction with shares of UC Rusal and Polyus Gold.

Race "Formula-1" rolled Oleg Deripaska


UC Rusal ceased to sponsor the Sochi stage of the Formula 1 race: the company clearly does not have enough money.

In "Rusal" for Oleg Deripaska is not the place


The US Ministry of Finance requires a "final withdrawal" of a businessman from En + and "Rusal". The Russian oligarch is still stubborn.

Rusal will leave the British crown island of Jersey to Russia


Aluminum giant Oleg Deripaska is going to re-register in Russia after his main shareholder En +.

Oleg Deripaska will hide in the Russian offshore


En + Holding Limited will move from Cyprus to either Kaliningrad or Primorsky Krai.

Oleg Deripaska said about the shortage of cash from Rusal


Despite the net profit for the past year of $ 1 billion, the aluminum company again has no money. In the event of requisition by the state of 513 billion rubles from Russian metallurgical and chemical companies, Rusal's losses due to the lack of dividends from MMC Norilsk Nickel will amount to 1.4 billion dollars.

Norilsk Nickel increased its net profit by half in the first half of the year


For the first 6 months of 2018, Norilsk Nickel earned 1.65 billion dollars in net profit.

Oleg Deripaska will lose control over En+ Group


According to FT, the businessman is ready to reduce the stake in the group to 45% in favor of VTB.

Oleg Deripaska could lead Rusal to total collapse


The stubbornness of Oleg Deripaska, who does not want to accept an ultimatum from the US Treasury, may lead to the closure of aluminum plants in Russia.

American sanctions led to the closure of the Nadvoitsky aluminum plant


The Karelian enterprise of Rusal Corporation began to conserve capacities.