Basic Element (company)
 | |
| diversified industrial group | |
| Industry | Energy, Manufacturing, Financial Services, Construction and Aviation. |
| Founded | 1997 |
| Founder | Oleg Deripaska |
| Headquarters | Moscow, Russia |
| Website |
www |
Basic Element (Russian: Базовый элемент, /Bázovyi elyemyént/, or simply “Базэл”) is one of the largest diversified industrial groups in Russia founded in 1997 and owned by Oleg Deripaska. It is based in Moscow, Russia.[1]
Overview
Basic Element's main assets are concentrated in six economic sectors - energy and mining, manufacturing, financial services, construction and real estate, agribusiness and airport management.[2]
About 250,000 people work at the Group's companies in Russia, the CIS, Africa, Australia, Asia, Europe and Latin America.[3]
In 2007 the company's revenues were $26.8 bln, growing 45% relative to the previous year. It had $45 bln worth of assets.[4] In 2012 the company's revenues were $27 bln.[5]
Operations
Energy and mining sector
En+ Group is Russia-based diversified mining, metals and energy group. En+ Group holds:[6]
- 47.41% stake in alumina and aluminium producer UC RUSAL
- 100% stake in EuroSibEnergo PLC power company
- a 100% in Strikeforce Mining and Resources Ltd (SMR) (ferromolybdenum producer)
- a 100% in En+ Downstream (includes aluminium downstream assets)
- a 100% in En+ Coal
- Central European Aluminium Company (CEAC) which has run the Kombinat Aluminijuma Podgorica (KAP) aluminum smelter in Montenegro - and the Rudnic Boxita Niksic bauxite mine, which supplies raw materials for the smelter, since 2005.
- Dmitrov Pilot Plant for Aluminium Canning Tape (DOZAKL) strip with a polished surface for the manufacture of lamplight reflectors and lath ceilings.[7]
Machine building sector
The Russian Machines corporation was established in 2005 to unite Basic Element's machine building assets.[6]
Russian Machines is a diversified corporation, with industrial and engineering assets in the following sectors:
- automobile manufacturing, production of road-building equipment(GAZ Group),
- automobile components (RM Systems),
- freight cars (RM Rail)
- aircraft building (Aviakor),
- road construction machinery (GAZ Group),
- equipment for the armed forces (Military Industrial Company).
Russian Machines Corporation manages 26 facilities located across 14 regions of Russia.
Airport management
Basel Aero - the operating company for the Sochi, Krasnodar, Gelendzhik, Yeysk and Anapa airports.
Basel Aero Airports
These airports handle more than 7% of the total passenger flow in the Russian Federation.
According to the press Basel operates Harkiv Airport.[8]
Financial services sector
- Insurance (IJSC Ingosstrakh)
- Banking (Soyuz Bank)
- Leasing (Element Leasing)
- Pension Funds (Non-state pension fund Socium)[6]
Construction sector
Glavstroy Corporation is a vertically integrated construction holding. Management functions are carried out by Glavstroy-Management.[6]
- Construction of housing and public buildings (Glavmosstroy)
- Construction of transport infrastructure (Transstroy)
- Development (OJSC Glavstroy, Glavstroy-Spb and RogSibAl)
- Production of building materials (Basel Cement)
Other businesses
Agribusiness
- The Kuban AgroHolding
- AquaDin (LLC), manufacturer of non-alcoholic beverages
- Voskhod Stud Farm
Media business
- FORWARD MEDIA GROUP publishing house
Network projects
- Rospechat Agency
- PONY EXPRESS, provider of express post and parcel delivery services
Port business
- Imeretinsky Port, Sochi
Real estate
- BasEl Real Estate
References
- ↑ "Basic Element Company". Business Week. Retrieved 2009-07-28.
- ↑ "Business". Basic Element. Retrieved 2014-09-02.
- ↑ "Company key facts". Basic Element. Retrieved 2014-09-02.
- ↑ "Basic Element increases assets and revenues". Basic Element. Retrieved 2014-09-02.
- ↑ "Суммарная выручка группы "Базовый элемент" в 2012г. составила 27 млрд долл.". RBC. Archived from the original on 2014-07-15. Retrieved 2014-09-02.
- 1 2 3 4 "Business". basel.ru.
- ↑ "Our businesses". enplus.ru.
- ↑ "Аэропорт Харькова оказался под управлением «Базэла» Олега Дерипаски - Газета РБК". rbcdaily.ru.