ICT Group (Russia)

ICT Group
Группа ИСТ
Company typePrivate
IndustryPrivate equity,
financial services,
precious metals and mining,
heavy engineering and logistics,
Construction,
industrial development
Founded1991[1]
FounderAlexander Nesis
Headquarters
Moscow
,
Russia
Websitewww.ict-group.ru

The ICT Group (Russian: Группа ИСТ), also spelt IST Group, was an investment venture based and operated in Russia from 1991 until 2013.[1]

The ICT ('Investments, Construction, Technologies') Group, founded by Alexander Nesis and his partners in the early 1990s, for years used to be one of the largest privately owned investment and industrial companies in Russia. It was headquartered in Moscow and in St. Petersburg. It invested in, developed and managed assets in wide range of industries, including the banking and financial industry, metals and mining, precious metal production, heavy engineering, logistics, construction and development.[2]

The portfolio of assets under the Group's management included NOMOS-BANK, Khanty-Mansi Bank, Polymetal and United Wagon Company. From 2010 till 2013 the Group also held large equity stakes in the potash producer Uralkali and Baltic Leasing.[3] The group's assets were located primarily in Russia, but it also had interests in Kazakhstan and developing markets.[2] In 2013 ICT Group (Russia) ceased its operations. Following the restructuring of assets a new private equity firm ICT Holding Ltd (Cyprus) was founded. The company focuses on equity and venture investments in international public companies from the following industries: energy, metals and mining, autos and transportation, medtech.

Key shareholder of the ICT Holding Ltd is Alexander Nesis.[4][5][6]

  1. ^ a b "Profile", www.ict-group.ru, archived from the original on 17 March 2012, retrieved 4 April 2012
  2. ^ a b "Billionaire Alexander Nesis reveals why Polymetal is listing in London". The Daily Telegraph. 2011-07-03. Retrieved 2012-05-08.
  3. ^ "RBC Daily". RBC Website. Retrieved 2012-05-08.
  4. ^ "RUSSIA'S RICHEST MEN SHOW THEIR METAL", The St. Petersburg Times (1050), 8 March 2005
  5. ^ "Russia 100 > Alexander Nesis (2004)". Forbes. Archived from the original on June 28, 2011.
  6. ^ "Александру Несису принадлежит лишь 50% группы ИСТ".