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.

Rusal increases exports of aluminum


The company is trying to sell the metal "for future use". Since October 2018, its sales outside Russia will be seriously limited.

The meeting of Putin and Trump can help lift sanctions from Oleg Deripaska


Withdrawal of sanctions from UC Rusal not only suits the administration of Trump, but it is beneficial to it.

Oleg Deripaska won in court Nastya Rybka, Alex Leslie and Alexey Navalny


Seated in a Thai prison escort girl Nastya Rybka and sex coach Alexei Kirillov will have to pay Oleg Deripaska 500 thousand rubles for interfering in the personal life of the aluminum oligarch.

Oleg Deripaska refused to borrow money from Promsvyazbank


The businessman considered "state aid" bonded. Earlier Viktor Vekselberg received from the bank up to 1 billion dollars.

Oleg Deripaska won in the British court of Vladimir Potanin and Roman Abramovich


The High Court of London declared null and void the sale of Norilsk Nickel's shares to the structures of Roman Abramovich to Vladimir Potanin's structures. The loss of Abramovich in the form of lost profits amounted to about $ 180 million.

Former general director of En + will deal with mergers and acquisitions


Artem Volynets appointed CEO of the gold-mining company Chaarat Gold.

Company "Rusal" is trying to keep business in conditions of sanctions


Will the company be able to maintain business in spite of sanctions.

Under the sanctions UC Rusal began production at a giant field in Guinea


Rusal did not refuse to put into operation a large bauxite deposit in African Guinea "Dian-Dian". It will allow the company to supply Russian companies with bauxite, but there is a risk that there will be nowhere to sell the company's primary aluminum.

Leonard Blavatnik bought a theater in London for $ 60 million


Access Entertainment, owned by billionaire Leonard Blavatnik, paid three times the starting price for the Royal Haymarket Theater of the 18th century.

Russia was drawn into the world trade war as a "whipping boy"


The government of the Russian Federation for damages of 537 million dollars from American duties on aluminum and steel responded with restrictions on US imports of $ 93 million.

"Rusal" needs discounts for travel expenses


The company asks for preferential rates for transport tariffs.

The situation of "Rusal" will worsen if the US does not remove sanctions from the company until the end of summer


The situation of "Rusal" will worsen if the US does not remove sanctions from the company until the end of the summer.

Who from the Russian billionaires worked with the Rothschild clan?


Rothschild & Co will help Oleg Deripaska find buyers for his stake in En + Group. Previously, the Rothschilds represented the interests of Peter Poroshenko, who wanted to sell a confectionery factory in Russia, but without success. With whom else did the European banking house work?

Oleg Deripaska cries with aluminum tears


UC Rusal almost halved exports of aluminum due to sanctions. After getting into the sanction list, Oleg Deripaska's company found itself in international isolation.

The losses of Russian billionaires due to sanctions exceeded $ 6 billion


Yesterday Vladimir Putin signed a law on counter-sentences. Forbes estimated how much the richest people of Russia who were under sanctions in April lost, while the Duma and the Kremlin came up with the US response.

"Rusal" is ready to drop anchor on the island of Russian


Rusal is considering re-registration in the Russian Federation.

Oleg Deripaska's companies asked Washington for a postponement


Those who fall under American sanctions UC Rusal and En + plan to submit to the US Treasury by mid-summer a plan that will give the agency grounds to lift restrictions against companies.

The USA has weakened the hammer on Oleg Deripaska's neck


The US Treasury gave US investors in En +, Rusal and the GAZ Group a delay until August.

Oleg Deripaska tries to desert from Rusal


EN + Group follows the advice of the US Treasury and replaces its representatives on the board of directors of the aluminum company with ordinary employees.

Oleg Deripaska asked the Russians to rush to his aid


The aluminum oligarch, who was under United States sanctions, offered to increase the population's payments for electricity in Russia.

Rusal would choke on aluminum


The export-oriented company has lost the opportunity to supply its metal to the foreign market. Oleg Deripaska asks the government to begin buying aluminum in state reserves.

Deripaska left the board of directors of "Rusal"


The businessman Oleg Deripaska, who has fallen under American sanctions, leaves the board of directors of UC Rusal from May 25.

Promsvyazbank will support Oleg Deripaska


The bank will issue a loan to the GAZ Group and will consider the allocation of money to the "toxic" Rusal.

Management of RUSAL leaves the company


This is part of the plan that should help the company get out of US sanctions.

The head of VTB Andrei Kostin struck in the back of his friend Oleg Deripaska


The whole blame is American sanctions: the head of VTB said that he would not give his companies new loans "until the sanctions have been lifted."

Oleg Deripaska is removed from the steering wheel of the GAZ Group


The US can withdraw from the businessman sanctions if he refuses control in the GAZ group.

Oleg Deripaska refused to be re-elected to the Board of Directors of UC Rusal


Thus, the scandalous businessman plans to withdraw his business from under US sanctions.

Save on taxes: how Potanin explained the idea to collect 50% of "Norilsk Nickel"


The largest shareholder of Norilsk Nickel explained that if he had combined the packages with other co-owners, they would have saved: the tax on dividends is not paid when holding more than 50%. But the partners refused.