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.
Oleg Deripaska, whose companies are burdened with debts, and Vladimir Potanin, who launched several large investment projects, agreed to buy out 4% of Norilsk Nickel from Roman Abramovich. The amount of the transaction can be about 1.5 billion dollars. But the conflict between billionaires is far from over.
But Oleg Deripaska can still deploy the deal.
Vladimir Potanin proposes to pay 1.5 billion dollars a year, and the entangled debt of Deripaska requires 2.5 billion dollars.
An entangled businessman tries to escape under the roar of judicial cannonade, and the ineffective "Rusal" to turn off the state.
ONEXIM Mikhail Prokhorov will sell a 6% stake in UC Rusal to a consortium of Zonoville Investments Limited, controlled by Viktor Vekselberg and Leonard Blavatnik.
Entangled scandalous businessman will depart from the management of En + and "Rusal".
Due to the minority stake of Roman Abramovich and Alexander Abramov, a lawsuit in London broke out.
Reuters journalists learned about the plans of the aluminum oligarch to sell more shares of En + for 1 billion dollars.
The head office of the company moves to Siberia.
The businessman sued Anastasia Vashakevich (Nastya Rybka) and her friend Alexander Kirillov (Alex Leslie). Experts highly assess the chances of the aluminum oligarch to win in court.
The Russian oligarch lost $ 100 million on this and turned to actual bankruptcy.
In the "Kremlin report" of the US Treasury, there are more than 200 people: officials, heads of state companies and billionaires.
Aluminum holding will create a data processing center in the territory of the Nadvoitsky plant.
After the collapse of the marriage with Polina Yumasheva, the dead Yeltsin ceased to protect the shareholder En + Group from the Russian siloviki and the US prosecutor.
President of UС Rusal and Chairman of the Supervisory Board of Basic Element Oleg Deripaska bought a house for $ 15 million more than 10 years ago in Washington, states The Washington Post.
In December the term of the agreement between the shareholders of Norilsk Nickel expires, after which it is possible to expect a new corporate conflict between the shareholders of the company.
Sberbank and VTB bought out part of the shares of En + holding Oleg Deripaska during the IPO on the London Stock Exchange in early November.
En + released UC Rusal from its pledge and significantly reduced the debt burden due to its IPO.
Oleg Deripaska found himself in London without any problems.
Glencore exchanges shares of the aluminum company for En+ securities.
The oligarchs sold a 3% stake in Rusal which could complicate the IPO of Deripaska's En+ in December.
The deal was conducted with a discount of 7.5% from the market price of these securities.
Strengthening of the ruble by 7%, the risks of volatility in aluminum prices and changes in the electricity and capacity market: these are the objective risks for Deripaska's companies.
Chinese trader CEFC can buy a 5% stake in En+ during the company's IPO.
The SBU accused Rusal of destroying the Zaporizhzhya Aluminum Smelter.
The owner of Onexim Group will no longer be able to conduct business in Russia, and no one will be let the "genius businessman" earn in the West.
Boris Yeltsin's "granddaughter" can leave Oleg Deripaska for the now-single Roman Abramovich.
After the sale of assets, most of the projects of the businessman are in the United States.