Renova Group
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]
 | |
| Type | Limited liability company |
|---|---|
| Industry | Investments Conglomerate |
| Founded | 1990 |
| Founder | Viktor Vekselberg |
| Headquarters | , |
Key people | Viktor Vekselberg (Chairman) |
Number of employees | 134,000  |
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.
In 2010 Renova Group entered into an agreement to provide funding for Fort Ross. It is parent company of private equity firm Columbus Nova.
United States sanctions
In April of 2018, the United States Treasury announced that it would impose sanctions on several Russian oligarchs, including Viktor Vekselberg and Renova Group. The sanctions were due to alleged tampering in the 2016 United States presidential election by Russian entities (including Vekselberg), and other unspecified activities.[2][3]
References
- "About Company". Retrieved 15 November 2016.
- Neghaiwi, Brenna Hughes (2018-04-21). "U.S. sanctions on Vekselberg have $1.5-$2 billion assets frozen: sources". Reuters. Retrieved 2021-01-30.
- "Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity". U.S. Department of the Treasury. Retrieved 2021-01-30.
External links
