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Company type | Limited liability company |
---|---|
Industry | Investments Conglomerate |
Founded | 1990 |
Founder | Viktor Vekselberg |
Headquarters | , |
Key people | Viktor Vekselberg (Chairman) |
Number of employees | 134,000 |
Renova Group is a Russian conglomerate with interests in aluminium, oil, energy, telecoms and a variety of other sectors. The main owner and president is Viktor Vekselberg who founded the company in 1990.[1]
The Renova Group is primarily active in Russia, the C.I.S. states, Switzerland, South Africa and the United States. Its major assets include participation in the oil company TNK-BP and in aluminum producer RUSAL.
Renova maintains very close ties to both Saudi Arabia and the Arab world as a member of the Russian-Saudi Economic Council and the Russian-Saudi and Russian-Arab Business Councils which are part of the Chamber of Commerce and Industry (CCI). Vladimir Yevtushenkov, who founded and controls Sistema, is the chairman of both the Russian-Saudi and Russian-Arab Business Councils since 2002.[2][3]
In 2010 Renova Group entered into an agreement to provide funding for Fort Ross. It is parent company of private equity firm Columbus Nova.