UC Rusal

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).
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Rusal was kicked out of Europe

Business30.08.2024

The company of the notorious oligarch Oleg Deripaska is forced to send its aluminum to Asian markets.

Big business is not drowning yet, but is looking for a lifeline

Business10.07.2024

Large Russian companies are refusing to pay dividends and asking for help from the government.

Russian oligarchs Mikhelson, Gutseriev, Timchenko and Deripaska finance the war against Ukraine

Governance01.08.2023

Oleg Deripaska, Leonid Mikhelson, Sergei Gordeev, Mikhail Gutseriev and other businessmen hire volunteers who go to war against Ukraine. At the same time, their companies, through which all this is done - Rusal, Novatek, PIK, Mospromstroy - happily avoid Western sanctions.

Deripaska accused Potanin of inefficiency

Business11.08.2020

UC Rusa announced "obvious problems" with control over the work of Norilsk Nickel. This is how the company responded to Potanin's words that the shareholder agreement with UC Rusal had turned into a "rudiment" and an instrument of pressure.

Deripaska stepped on Potanin's sore spot

Business15.07.2020

UC Rusal, founded by Oleg Deripaska, demanded that the board of directors of Norilsk Nickel and Vladimir Potanin change management due to accidents. Deripaska and Potanin sued for several years because of the shares of the enterprise.

On the salary of Oleg Deripaska

Officials22.01.2020

According to media reports, the “thunderstorm of the oligarchs”, Deputy Prime Minister Andrei Belousov received a salary in the “Basic Element” of the aluminum baron.

Deripaska, Stolyarenko and Bondarenko deprived of citizenship of Cyprus

Business28.11.2019

In addition to the owner of Rusal, former managers of Eurofinance Mosnarbank may also remain without passports.

Oleg Deripaska blames Western media for sanctions

Business24.09.2019

Why is Oleg Deripaska suing the three largest English-language publications?

Oleg Deripaska go fishing instead of Davos

Business22.01.2019

The billionaire partner in UC Rusal Victor Vekselberg still intends to visit the forum.

Leslie and Rybka waited for release from Thai prison

Society15.01.2019

Anastasia Vashukevich and Alexander Kirillov pleaded guilty to illegal sex training and received a suspended sentence. The verdict of the court coincided with the decision in the US of the problem of Oleg Deripaska, who previously used the services of Nastya Rybka.

Deripaska, Melnichenko, Vekselberg: the most impoverished Russian billionaires of the year

Business03.01.2019

Sanctions and falling ruble are not the first year because of these factors the Russian Forbes list members are getting poorer.

Oleg Deripaska becomes accustomed to the state

Business28.11.2018

The government will purchase 50 billion tons of primary aluminum from Rusal to the Rosrezerv for 10 billion rubles. Oleg Deripaska had previously offered to purchase up to 1 million tons of metal at public expense.

ING Bank dedollarised Oleg Deripaska's loans

Business15.11.2018

The Dutch bank transferred the settlement of loans from Rusal from dollars to euros. Total Oleg Deripaska’s company owes the Dutch more than $ 2 billion.

Dmitry Medvedev promised to boycott the Davos forum

Governance14.11.2018

Officials and businessmen will ignore the forum if the organizers refuse to invite Deripaska, Vekselberg and Kostin.

The US Treasury gave Oleg Deripaska a fourth reprieve

Business11.11.2018

This was a tactical victory for the hired oligarchs in the US lobbyists. Until January 2019, Washington allowed to cooperate with the toxic Rusal.

Rusal will change the registration on the Russian

Business05.11.2018

Rusal announced the re-registration from the island of Jersey to Russia. The company explained that this is the best solution for it.

GAZ Group is trying to get rid of US sanctions

Business22.10.2018

But for her, getting into the sanctions list, unlike other Deripaska company - UC Rusal is far from being so dramatic.

Dudley's defense: why the head of BP stood up for Rosneft and Gazprom

Business11.10.2018

The head of BP, Bob Dudley, said that restrictions on Rosneft (at BP 19.75%), Gazprom and LUKOIL, similar to sanctions against UC Rusal Oleg Deripaska, will not be imposed. Otherwise, the power system of Europe is waiting for the collapse, he warned.

UC Rusal increased exports of aluminum

Business09.10.2018

Consumers buy metal in store for fear of the start of sanctions against the company.

Oleg Deripaska became homeless in the USA

Society08.10.2018

Oleg Deripaska’s assets, including his luxury real estate, have been frozen in the United States.

Washington gave Oleg Deripaska some more time

Business24.09.2018

The US Treasury extended the deadline for allowing US companies to work with the toxic Russian aluminum oligarch until November 12 of this year.

Rusal plant in Armenia stops due to US sanctions

Business18.09.2018

The "Armenal" rolling mill went into idle mode: its products are not sold.

The British court prescribed the rules of the game for shareholders of Norilsk Nickel

Business17.09.2018

The London court forbade Vladimir Potanin to increase the package without Oleg Deripaska.

The USA did not fully cover the oxygen to Oleg Deripaska

Governance17.09.2018

The US Treasury has given permission to enter into new contracts with Rusal and the GAZ Group, but only to their old counterparts.

Roman Abramovich and Alexander Abramov sank Vladimir Potanin in the High Court of London

Business15.09.2018

The British court said why in a dispute between the shareholders of MMC Norilsk Nickel, he ruled in favor of Oleg Deripaska. An important factor was the strange refusal of Abramovich and Abramov to give testimony in favor of Potanin, whom they wanted to sell shares of MMC.

Rusal started the conservation of production at a number of plants

Business10.09.2018

UC Rusal may begin to reduce production of aluminum in September, which will affect the work of Siberian plants.

Oleg Deripaska will move to a non-existent island in Kaliningrad

Business10.09.2018

The oligarch structures are planning to leave the island of Jersey and Cyprus, however, the offshore island of October in Kaliningrad does not yet exist.

Rusal of Oleg Deripaska could lose the European market of primary aluminum

Business07.09.2018

The contracts of the Russian aluminum company for next year are in question.