Renova Group

Renova Group
Company typeLimited liability company
IndustryInvestments
Conglomerate
Founded1990; 34 years ago (1990)
FounderViktor Vekselberg
Headquarters,
Key people
Viktor Vekselberg (Chairman)
Number of employees
134,000 Edit this on Wikidata

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.

  1. ^ "About Company". Retrieved 15 November 2016.
  2. ^ "Vladimir Evtushenkov: Chairman of the Board, Non-executive Director, Chairman of the Strategy Committee". Sistema website. Archived from the original on 21 January 2021. Retrieved 3 August 2021.
  3. ^ "Совместное заседание Российско-Саудовского Делового Совета в ТПП РФ" [Joint meeting of the Russian-Saudi Business Council at the RF CCI]. russarabbc.ru (in Russian). Retrieved 3 August 2021.