On March 25, 1864, the Dakhovsky fort was established on the site of the Navaginsky fort. The end of Caucasian War was proclaimed at Kbaade tract on June 2, 1864, by the manifesto of Emperor Alexander II read aloud by Grand Duke Michael Nikolaevich of Russia . After the end of Caucasian War all Ubykhs and a major part of the Shapsugs , who lived on the territory of modern Sochi , were either killed in the Circassian Genocide or expelled to the Ottoman Empire. Starting in 1866 the coast was colonized by Russians, Ukrainians , Greeks , Germans and other people from inner Russia . In 1874–1891, the first Russian Orthodox church, St. Michael's Church, was constructed, the Dakhovsky settlement was renamed Dakhovsky Posad on April 13, 1874. In February 1890, the Sochi Lighthouse was constructed. In 1896, the Dakhovsky Posad was renamed Sochi Posad and incorporated into the newly formed Black Sea Governorate In 1900–1910, Sochi burgeoned into a sea resort, the first resort, "Kavkazskaya Riviera", opened on June 14, 1909.
The area was continuously developed until the demise of the Soviet Union. Following Russ
Due to the increased passenger traffic and aircraft landings, the airport was relocated to Anapa’s suburb , near Vityazevo village where it still operates. A new location allowed to accommodate larger aircraft such as the An-10 . In 1969, construction of a new military airfield with a 2,500-m runway was launched near Vityazevo, it was kept secret due to military purposes of the facility. In 1970, Vityazevo airport honors the 100,000th passenger. In April 1974, An-24 performed the first regular passenger flight to Vityazevo. In May 1974, a group of NATO military attachés went to Anapa on board the first flight Moscow - Anapa - Moscow, they oversaw the construction of the military runway, one of the longest at that time in Soviet Union . There were about 12 aerodromes in total featuring the similar runways in the country. In 1976, Vityazevo airport was opened; the new terminal could handle up to 70 daily flights originating from around 50 domestic airports. In September 1976, a twin plane crash happened above Anapa when An-24 and Yak-40 crashed because of the aircraft dispatcher’s fatal error.
The tragedy claimed 70 lives. In 1977, Tu-154s commenced flights to Vityazevo airport becoming the principal aircraft type in the fleet of Russian air carriers. A Tu-154 snapshot captured against the Anapa airport passenger terminal was reproduced on a Soviet postcard. In 1982, An-26 owned by the Black Sea Fleet Naval Air Force crashed near Anapa killing nine. In 1988, Anapa airport was separated from the 1st Krasnodar United Air Group and becomes an independent entity: a separate class-III airport under the North Caucasian Civil Aviation Authority . Upon installation of the SP-80M landing system, the aerodrome acquired an ICAO category I certificate. In 1991, the airport performed 6,828 landings serving 439,600 passengers. During the summer season the airport handled up to 52 flights operating at a full capacity. In 1993, Vityazevo airport acquired the status of an international airport. Austrian Airlines became the first international airline to open a branch office in Anapa. In 2001, Siberia launched operations at Vityazevo International Airport.
Agribusiness is the business of agricultural production. The term was coined in 1957 by Davis, it includes agrichemicals , crop production, farm machinery and seed supply, as well as marketing and retail sales. All agents of the food and fiber value chain and those institutions that influence it are part of the agribusiness system. Within the agriculture industry, "agribusiness" is used as a portmanteau of agriculture and business, referring to the range of activities and disciplines encompassed by modern food production. There are academic degrees in and departments of agribusiness, agribusiness trade associations, agribusiness publications, so forth, worldwide. In the context of agribusiness management in academia, each individual element of agriculture production and distribution may be described as agribusinesses. However, the term "agribusiness" most emphasizes the "interdependence" of these various sectors within the production chain. Among critics of large-scale, vertically integrated food production, the term agribusiness is used negatively, synonymous with corporate farming.
As such, it is contrasted with smaller family-owned farms. Examples of agribusinesses include seed and agrichemical producers like , as well as other non-governmental organizations on its website. Ray A. Goldberg coined the term agribusiness together with coauthor South-South Cooperation , it served over 350,000 passengers on February 1–28, 2014. Over 2,800 tons of luggage was handled during the Olympic period; the original airfield was constructed to protect Russia's Black Sea coast during World War II . By order of the Chief of the Office of Civil Aviation, the site became an established airport on 23 November 1945. In 1956, the first terminal building and the airstrip runway-1 were built.
35,000 passengers and 1000 tons of cargo passed through the airport in 1957. From 1960 to 1965, passenger and baggage halls, a 200-room hotel, radio navigation and landing systems were all added to the airport as passenger traffic increased; the Order of Red Banner of Labor was awarded to the airport in August 1966 for its high performance. Passenger traffic went from 902,000 embarkations in 1965 to more than 2.3 million in 1990. From its opening in 1957 to today, the airport has served more than 60 million passengers. Scheduled international departures and arrivals began in 1981; the airport expanded to include flights to the Middle East and Western Europe . The international section of Sochi's terminal is small. President Vladimir Putin removed Sochi International Airport from the list of strategic enterprises on 3 May 2006, superseding its previous status under Decree No.1009 of 4 August 2004. Sochi International Airport was privatized in 2006 after Federal Property Fund held an auction to sell 100% shares of the airport.
"Strategy-South", a company affiliated with Basic Element group won an auction to acquire the airport for 5.5 billion rubles . The airport in Sochi became the fourth airport in southern Russia, among the ones in Krasnodar and Gelendzhik , operated by the Russian Asian Investment Company and "Airports of South". In 2007, Basic Element group established Basel Aero, a holding company that runs its airport business and operates all four airports. Sochi International Airport, under renovation, opened its doors to first passengers in 2010, it was further upgraded to meet the requirements of the International Olympic Committee as the gateway of the 22nd Olympic Winter Games. Basic Element, together with Russia"s largest bank Sberbank and Changi Airports International, operator of the Singapore airport, established a joint venture to manage airports in Krasnodar region in 2012. Under the agreement, Basic Element has 50% plus one share in the JV , Sberbank's stake is 20% minus one share while Changi Airports International holds 30%.
In 2007–2013 Basic Element spent over 14 billion rubles to the airport's revamp. A modernized airport's building features a 65,000-sq.m terminal with an advanced 450-m long boarding gallery adjacent to the airport, 10 boarding bridges ensuring a comfortable access to the aircraft, a 4,000-sq.m VIP Terminal with the handling capacity of 80 passengers per hour that hosted IOC delegates and other high-profile guests at the Winter Olympics. New Zealand minted coins in 2010 as part of the"Olympic capitals" collection, placed a picture of a plane taking off from the Sochi airport on the "tails" of a new silver dollar coin Sochi International Airport Russia . The airport has 440 meters of corridor space and 10 boarding bridges for boarding and deplaning passengers; the airport received extensive renovations in anticipation of the 2014 Winter Olympics. On 20 November 2006, the airport was auctioned to Oleg Deripaska's Basic Element group for 5.5 billion roubles . Deripaska is a member of the committee organizing Sochi's bid for the Winter Olympics.
The Sochi Airport railway station is located directly next to
Basic Element Ltd was incorporated in September 2002, according to the Jersey Registry. A year later, it changed its name to Kanchen Energy Capital Ltd, and in August 2005 it became Basic Element again. Just at this time, "Basel" began to turn into a holding company with the current structure.
It follows from the document that at the end of 2007, Basic Element was 100% owned by a registered British Virgin Islands A-Finance, of which Deripaska is the beneficiary. Basic Element itself directly or indirectly owns controlling stakes in companies in the machine-building sector (Russian Machines, GAZ Group, "Aviakor" etc.), 46% of the shares of Valtoura Holdings Ltd. (owns Rasperia Trading, which bought shares in Hochtief and Strabag). The remaining stake in it is controlled by A-Finance. Basic Element also owns a 25% stake in En+ (the rest is also owned by A-Finance), which owns a 56% stake in UC Rusal. And earlier, Basic Element owned 20% of En + shares. Another 5% stake was transferred by the shareholder to Basic Element in 2007 - this was reflected as a contribution Deripaska in the authorized capital of Basic Element, estimated at $366 million. The financial block of "Basel" is also not listed in the financial statements.
But the report disclosed data on the financial performance of Basic Element, said an employee of the investment company. Its revenue (including discontinued operations) in 2007 was $8.446 billion, gross profit - $1.684 billion. Profit before tax - about $920 million, and net income - about $740 million.
Basic Element debt at the end of the year amounted to about $6.253 billion ($2.891 billion in long-term and $3.36 short-term loans and borrowings). According to a rough estimate, the ratio of debt to EBITDA was at least 4.5, said Egor Fedorov, an analyst at the Bank of Moscow. The banks pledged a share in Magna International bought on credit (20%, they took a two-year loan from BNP Paribas for $ 1.229 billion, was recently sold on margin calls), 67.8% of the shares of the GAZ group, 42% of the shares of Aviakor and 69.3% shares "Abakanvagonmash" .
Also, Bazel was recently forced to sell 9.99% of Hochtief's shares through margin calls. A 25% stake in Strabag was pledged to Deutsche Bank as collateral for a loan to purchase paper. Recently other shareholders construction company provided 460 million euros to Basic Element to refinance this loan, also secured by Strabag shares. True, the reporting does not say anything about the encumbrance on the shares of Strabag and Hochtief, the source of Vedomosti claims.
But Basic Element pays almost no dividends to Deripaska: in 2007 they amounted to about $21 million.
“Since the figures cited in the article may be related only to one of the companies included in the group, it makes no sense to judge the financial performance of Bazel by them as a whole. They do not represent the whole or even a significant part of the picture.", - Alexander Lukin, Deputy General Director for Finance of Basel, reported through the press service. Lukin declined to comment further. He explained this by saying that he could not "seriously discuss papers<...>obtained from an unknown source.
Basic Element, private investment fund
Owner - Oleg Deripaska.
Assets – En+ Group (UC Rusal, Eurosibenergo, United Oil Group, Salamon Enterprises), Russian Machines (GAZ, Aviakor, Abakanvagonmash), Basic Element Finance financial company (Ingosstrakh, Soyuz Bank) , Element Leasing, Sotsium pension fund, Pifagor management company), Element Resources resource holding (Soyuzmetallresurs, Continental Management, etc.), construction companies.
CEO
3. Vadim Geraskin
for relations with government agencies
4. Elinson Andrei Mikhailovich
Deputy General Director
5. Vera Kurochkina
Deputy General Director for Public Relations
6. Artem Leontiev
HR Director
7. Igor Makarov
Deputy General Director for Legal Affairs
8. Olga Mashkovskaya
Deputy General Director for Finance
9. Petrova Victoria Alexandrovna
Deputy General Director
10. Pechenkin Valery Pavlovich
Deputy General Director for Asset Protection
11. Manfred Aibek
General Director of JSC "Russian Machines"
12. Andrey Vasiliev
Managing Director, Real Estate
13. Alexey Vasilchenko
Managing Director, Aviation
14. Andrey Oleinik
Managing Director, Agribusiness
15. Arkady Sargsyan
General Director, JSC "Glavstroy"
16. Maxim Sokov
First Deputy General Director of En+ Group
17. Terekbaev Ruslan Tulepbergenovich
Managing Director, Media Business
18. Vadim Zaitsev
Investment Department Director
19. Irina Pashinkina
Director of the Public Relations Department
20. Marina Chekurova
Director of Corporate Finance Department
The group manages the following companies:
Energy holding En+
OK RUSAL (Russian Aluminum);
Central European Aluminum Company (CEAC) (operates the Podgorica Aluminum Plant aluminum smelter in Montenegro, as well as the Bauxite Niksic Mine bauxite mine);
Dmitrov Experimental Plant of Aluminum Canning Tape (DOZAKL);
"Eurosibenergo" (manages the shares of "Irkutskenergo", Krasnoyarsk HPP, Bratsk HPP);
United Oil Company (controls an oil refinery in Afipsky ( Krasnodar region), as well as several oil fields);
Management Company "Soyuzmetallresurs" (manages Sorsky GOK, Zhirekensky GOK, Zhirekensky ferromolybdenum plant, etc.).
Machine-building holding "Russian Machines"
GAZ Group
aviation plant "Aviakor" (Samara);
RM-Systems (supply of automotive components);
"Military Industrial Company" (production of military equipment at the "Arzamas Machine-Building Plant", "Plant of Corps" (Vyksa city) and HC "Barnaultransmash");
"Russian Corporation of Transport Engineering" (freight car building at the plants of JSC "Ruzkhimmash", JSC "VKM-Steel" and others, separately JSC "Abakanvagonmash");
Resource holding Element Resources Ltd .
UK "LPK Continental Management" (manages the Baikal Pulp and Paper Mill, the Yenisei Pulp and Paper Mill, controls the blocking stake in the Arkhangelsk Pulp and Paper Mill).
Aviation sector
Basel Aero is an airport operator
Sochi International Airport;
Krasnodar International Airport;
Anapa airport;
Gelendzhik Airport;
Yeysk airport;
Air lines of Kuban;
Financial holding Basic Element Ltd
Insurance company "Ingosstrakh";
"Element Leasing";
NPF "Socium";
UK Ingostrakh Investments;
Previously, Soyuz Bank was part of the financial holding. During the financial crisis of 2008, the bank faced serious difficulties and was actually saved from bankruptcy thanks to loans from the Central Bank of Russia. In 2009, it was sold to Gazprom structures for a nominal fee.
Construction and development
UK "Glavstroymanagement" (manages the companies "Glavstroy", "Glavmosstroy", "Mospromstroymaterialy", etc.);
"Transstroy"
"Baselcement";
Altius Development (comprehensive development of territories, construction of large-format multifunctional centers, redevelopment of industrial territories and administrative facilities, as well as management and operation of real estate objects);
"BEL Development" (acquisition of real estate objects, organization of financing, construction management, leasing of real estate objects, operation of buildings and structures);
"Russian Hotels" (construction of offices and hotels).
Also, "Basic Element" owned shares in a number of foreign companies - 30% of the shares of Strabag, 18% of Magna International. From May to October 2008, the company's structures owned 9.99% of the shares of the German construction company Hochtief. However, due to the economic crisis, the value of these shares dropped sharply, and Basic Element was forced to sell them to the banks that held them as collateral.
News
Basic Element, En+ and South Korean POSCO may build a metallurgical plant and a thermal power plant in the Irkutsk region.
The Russian companies Basic Element (Bazel), En+ and the South Korean steel producer POSCO may build a steel mill for the production of long products in the Irkutsk region with a capacity of up to 260,000 tons per year. This is stated in the joint press release of the companies.
Read in full: http://quote.rbc.ru/news/fond/2013/11/13/34060827.html
Basic Element may invest up to $3 billion in projects in Indonesia
Deripaska will feed air passengers
Airport Development (part of Basel) and LSG Sky Chefs signed an investment agreement to build an in-flight catering factory in Sochi. Investments in the project will amount to 175 million rubles. Under the agreement, LSG Sky Chefs will build a new in-flight catering factory in Sochi with a capacity of 12,000 meals per day. Products will be purchased from local producers. “Involvement of leading service providers will make it possible to provide air passengers with high-quality and safe food in a year,” says Leonid Sergeev. They plan to pay back the project in nine years. The start of construction is scheduled for 2014.
link; http://www.rbcdaily.ru/industry/562949989050992
"Basel Aero": Tariffs for servicing airlines at Sochi airport are not higher than those of others.
RBC 06/27/2013, Moscow 19:29:50 Sochi International Airport's regulated fares are at or below the average level in relation to the level of fees charged by major airports. This was reported by the press service of the Basel Aero company (operates the airports of Krasnodar, Sochi, Anapa, Gelendzhik and Yeysk).
link: http://www.rbc.ru/rbcfreenews/ 20130627192950.shtml
Basic Element offered UTair and Ak Bars Aero to become carriers at the Krasnodar airport.
06/21/2013, St. Petersburg 09:52:41 Basic Element Group (owned by Oleg Deripaska) is negotiating to attract UTair and Ak Bars Aero airlines as base carriers to the Krasnodar airport. This was announced to RBC on the sidelines of the St. Petersburg International Economic Forum (SPIEF) by Andrei Elinson, Deputy General Director of Basic Element.
link: http://www.rbc.ru/rbcfreenews/ 20130621095241.shtml
Port of Imeretinsky will be rebuilt into a yacht marina
Port Imeretinsky, located in Sochi, may be in 2015. converted into a yacht marina. This was announced in an interview with RBC by the deputy general director of Basic Element (it is this company that manages the port) Andrey Elinson.
link: http://top.rbc.ru/economics/ 21/06/2013/862839.shtml
"Basic Element" may start selling in the Olympic Village before the Olympics.
RBC 06/21/2013, St. Petersburg 09:26:57 Basic Element Group, owned by Oleg Deripaska, plans to start selling apartments in the Olympic Village before the start of the 2014 Olympics in Sochi. This was announced to RBC on the sidelines of the St. Petersburg International Economic Forum (SPIEF) by Andrei Elinson, Deputy General Director of Basic Element.
link: http://www.rbc.ru/rbcfreenews/ 20130621092657.shtml
Expert: The development of the Russian agro-industrial complex requires a modern infrastructure.
RBC 06/18/2013, Moscow 09:30:49 Poor infrastructure is the main obstacle to increasing the competitiveness of Russian agriculture. This point of view was expressed by Andrey Oleinik, Managing Director of Agribusiness at Basic Element. “It is necessary to develop the railway network and renew the outdated fleet of wagons, as well as reduce the tariffs for rail transportation,” he said. “In addition, we need to revive river logistics, which was the cheapest way to deliver goods in Soviet times, as well as reduce port tariffs, which today in Russia are 50-60% higher than the world average.”
link: http://www.rbc.ru/rbcfreenews/20130618093049. shtml
Ingosstrakh will not pay dividends for the third year in a row
The port belonging to Bazel filed a lawsuit against VEB
Oleg Deripaska's company continues to sue government agencies over preparations for the Sochi Olympics
link; http://www.vedomosti. ru/companies/news/11869921/ olimpijskaya_restrukturizaciya_bazela
Deripaska demands return of 4 billion
Port of Sochi Imeretinsky LLC (PSI), which is part of Oleg Deripaska's Basic Element holding, filed a lawsuit against Olympstroy Group of Companies in the Arbitration Court of the Krasnodar Territory. The company demands compensation for losses in the amount of more than 4 billion rubles, which arose due to the inability to receive the originally planned income from the operation of the port. In December last year, a lawsuit against Olimpstroy for 1.5 billion rubles. filed by another structure of the businessman - CJSC Engineering Corporation Transstroy.
link: http://www.rbcdaily.ru/market/ 562949986794532
Rusal increased its loss for 2012 by 6 times due to write-offs of Norilsk Nickel
UC Rusal today adjusted its 2012 net loss from $55m to $337m, according to the company's disclosure to the Hong Kong Stock Exchange. The reason for the adjustment was the reporting of Norilsk Nickel, which wrote off $ 975 million in losses for 2013.
link: http://www.vedomosti.ru/companies/news/11399571/rusal_podveli_spisaniya_nornikelya
Oleg Deripaska is interested in MIPC
Irkutskenergo can compete with Gazprom Energoholding in the fight for a stake in the company worth at least 100 billion rubles.
link:
"Basel" joined the fight for the Perm airport
Deripaska is seeking the cancellation of the results of the competition, which was won by the Renova structure
link: http://www.vedomosti.ru/companies/news/10972701/bazel_boretsya_za_aeroport
"Basel" and "Rosneft" agreed on strategic cooperation
"Basic Element" and "Rosneft" the day before, on April 3, signed three agreements on strategic partnership in the aluminum, engineering and airport sectors. On behalf of Bazel, the document was signed by Oleg Deripaska, chairman of the company's Supervisory Board, and on behalf of the oil company, by its president, Igor Sechin.
link: http://top.rbc.ru/economics/ 04/04/2013/852466.shtml
Rosneft will buy refueling complexes at five airports from Deripaska
Rosneft has agreed on the main terms for the acquisition of refueling complexes at the airports of Krasnodar, Sochi, Anapa, Gelendzhik and Abakan from Oleg Deripaska's Basic Element, the oil company said.
link: http://www.vedomosti.ru/ companies/news/10735081/ rosneft_kupit_u_deripaski_ toplivozapravochnye_kompleksy_v
Vadim Zaitsev has been appointed director of the investment department of Basel
Vadim Zaitsev has been appointed director of the investment department at Basic Element. Zaitsev was born on December 24, 1969 in Khabarovsk. In 1992 he graduated from the military law faculty of the Military Institute of Foreign Languages. In 1992-1994
link: http://www.vedomosti.ru/ career/news/10087701/vadim_zajcev_naznachen_direktorom_investdepartamenta_bazela
Andrey Vasilyev became Managing Director for Real Estate at Basel
Andrey Vasiliev has been appointed Managing Director for Real Estate at Basic Element. He will lead the newly created real estate management directorate. Vasiliev was born on March 19, 1979 in Moscow. In 2001
link: http://www.vedomosti. ru/career/news/10080171/andrej_vasilev_stal_upravlyayuschim_direktorom_po
The government decided to close the BPPM in a few years
The government has decided to close the Baikal Pulp and Paper Mill and transfer production to other plants, Deputy Prime Minister Arkady Dvorkovich said on Wednesday. “We have decided to gradually close the Baikal Pulp and Paper Mill with the transfer of the plant.
link:
Deripaska may transfer unprofitable port in the Imereti Valley to Olympstroy
Following the coal assets, Irkutskenergo will buy the Krasnoyarsk Iron and Steel Works from Deripaska's structures
Deal could add value to coal-fired company through direct power supply contracts, analysts say
link: http://www.vedomosti.ru/companies/news/8967761/sam_sebe_pokupatel
Basel let the bankers down
Generali paid almost $400 million for 18% of Ingosstrakh
In the short term, this package will double, the Italians decide how to deal with it; Basel sources call Generali a more convenient partner than PPF
link: http://www.vedomosti. ru/finance/news/7933961/generali_dumaet_ob_ingosstrahe
Soyuz to be headed by banker and insurer Sergei Tishchenko
Personnel changes are connected with the return of the bank under the control of "Basel" Oleg Deripaska
link: http://www.vedomosti.ru/ career/career-dismissal/news/ 5944701/novyj_shef_soyuza
Deripaska will agree with Potanin only after the change of the head of Norilsk Nickel - source To
Shchelkovo highway in Moscow will be reconstructed for 9 billion rubles.
RBC October 22, 2012, Moscow 12:38:03 Transstroy Corporation (a structure of the construction sector of Oleg Deripaska's Basic Element) won the competition for the reconstruction of the Shchelkovskoye Highway. This was said in a statement. The contract value is 9 billion rubles. Work should be completed in 2014.
link: http://www.rbc.ru/rbcfreenews/20121022123803. shtml
The decision of the Krasnoyarsk arbitration may complicate the repurchase of shares by Norilsk Nickel
Potanin, Interros and Norilsk Nickel are recognized as a single group of persons; this decision will deprive the quasi-treasury stake of voice
link: http://www.vedomosti.ru/companies/news/5137411/kolco_potanina
« Basel is going to change the leadership of Rospechat
Rusal signed an agreement due to a decrease in aluminum production at BAZ
Basel" Oleg Deripaska again asks for help on his "Olympic projects"
In a dispute between Ingosstrakh shareholders, the court sided with Basic Element
Editor's note: Who is killing Baikal
The Kremlin will force the owners of Norilsk Nickel to peace
The President nevertheless decided to act as an arbitrator in the protracted dispute between UC Rusal and Interros
Read more: http://www.vedomosti.ru/
companies/news/3076721/ prinuzhdenie_k_miru# ixzz24A4ncOrn
Basic Element plans to invest in grain trading
Deripaska fell out of favor
Violation of obligations for the preparation of engineering infrastructure by Glavstroy-SPb (part of Oleg Deripaska's Basic Element) prompted the St. Petersburg authorities to terminate the contract for the construction of 2.8 million square meters. m of real estate as part of the Yuntolovo project. However, Basel claims that the city itself has not fulfilled the terms of the investment contract - there are still no roads to the plots under construction and points of connection to the networks.
Read in full: http://www.rbcdaily.ru/
"RBC daily": JV "Basel", Changi and Sberbank will be headed by L. Sergeev.
07/24/2012, Moscow 09:28:29 Oleg Deripaska decided who to entrust the management of the joint venture (JV) "Basel", Singapore's Changi Airports International and Sberbank. Leonid Sergeev, General Director of the Base Aviation Fuel Operator (BATO, part of Basel and unites refueling complexes at several airports), will become the General Director of the Basel Aero JV. In this position, he will replace Sergei Likharev, who was sent to manage the aircraft building division of Russian Machines, the RBC daily newspaper writes today.
link: http://www.rbc.ru/rbcfreenews/
O. Deripaska resigned as head of "Basic Element"
Oleg Deripaska, who headed Basic Element since March 2009, left the post of the company's CEO and moved to the post of chairman of the company's supervisory board, which he held in 2001-2009. Gulzhan Moldazhanova, who already held this post in 2005-2009, has been appointed the new General Director of Basic Element
Read in full: http://top.rbc.ru/economics/
G. Moldazhanova became the head of "Basel", O. Deripaska will head the supervisory board.
07/24/2012, Moscow 16:30:56 Oleg Deripaska, who has headed "Basic Element" since March 2009, is leaving the post of General Director, and Gulzhan Moldazhanova has been appointed in his place. This was said in a statement. O. Deripaska will take the post of chairman of the company's supervisory board.
link: http://www.rbc.ru/rbcfreenews/
Deripaska was not offered to sell the debts of BPPM
The annual meeting of shareholders of Ingosstrakh was held
Russian Machines Deripaska plans IPO for $3 billion
The United Grain Company is required to be declared bankrupt
Agroholding Deripaska announced the results of 2011
The court recovered 111.181 million rubles. with "BaselCement-Pikalyovo" at the suit of CJSC "Eurocement Group"
"Basel" has changed the structure of construction assets management
Renova or Basel may become buyers of Domodedovo, analysts think
MOSCOW, December 20 - RIA Novosti. The most likely buyers of Russia's largest airport, Domodedovo, are the airport holdings Renova of Viktor Vekselberg and Bazel of Oleg Deripaska, and the cost of the airport is estimated at $3-3.5 billion, according to analysts polled by the Prime agency.
link: http://www.ria.ru/company
base element
Nelly called at noon: “An apartment on Bolshaya Filevskaya appeared in the Winner base, windows to the park, and the price is not raised!” My wife and I rushed to look. The apartment suited us, the owners agreed to accept the advance payment. The next morning, an advertisement for a good apartment appeared in the newspapers. Calls came in, but it was too late.
A week earlier, Nelly, our realtor, and I sat in front of a monitor and, using the WinNER program, sorted apartments according to given parameters - price range, proximity to a specific metro station, the presence of a balcony and telephone, the ability to pay with a mortgage. And, of course, "not a new building and not the first floor." Nellie ticked the boxes, and the program produced a list of suggestions. We noted the options that interested us and saved them in a separate file. The apartments were searched, but nothing came up. Then Nelly turned on the option “show only new ones” and every day, at 12:00, when the WinNER database is updated, she looked through the latest offers. On the seventh day, she saw the words “windows to the park” in the “note” column and dialed our number ...
link: http://www.forbes.ru/forbes/
"Basic Element" announces the launch of the cargo port of Sochi
On April 6, 2010, the first stage of the Cargo area of the seaport of Sochi began its work, the investor in the construction of which is the Basic Element Company. The facility is put into operation according to the schedule approved by the Olympstroy Group of Companies.
On Tuesday, the unloading of the first vessel began, which delivered construction materials /high-strength crushed stone/ to Sochi.
The transshipment capacity of the first stage of the port, designed to receive 2 million tons of cargo per year, includes two berths ready to receive and transship inert and general cargo required for the construction of Olympic facilities. The berths are equipped with four modern Liebherr mobile port cranes, loader cranes, front loaders and forklifts.
"The port is of strategic importance for ensuring the Olympic construction with uninterrupted supplies of inert materials and general cargo," Yury Tyamushkin, Managing Director of the Basic Element Port Business Directorate, commented on the start of the port's operation. "The port will significantly optimize routes and delivery costs building materials, as well as relieve the federal and city road networks of Sochi."
link: http://www.prime-tass.ru/news/
The company "Basic Element" invests 480 billion rubles in St. Petersburg
Yesterday St. Petersburg received the largest investor in the history of the city. Governor of St. Petersburg Valentina Matvienko and Chairman of the Supervisory Board of Basic Element Company LLC Oleg Deripaska signed an agreement on social and economic cooperation until 2015.
According to the agreement, Basic Element, its subsidiaries and partners will invest 480 billion rubles in the investment projects of the Northern capital. The funds will be used to build affordable housing, as well as infrastructure, roads and bridges. Most of this money is ready to be invested by Basic Element itself, the rest - by its partners in joint projects in St. Petersburg. At the same time, the amount of declared investments during the implementation of projects may change upwards.
link: http://www.gazeta.spb.ru/
"Basic Element" won a lawsuit against TVC for 10 million rubles
The Moscow Arbitration Court decided to recover 10 million rubles in favor of the Basic Element and Continental Management companies from TV Center OJSC, 1.2 million rubles from the State Duma deputy Vladimir Krupchak, and from the host of the TV show "Department X" Yevgeny Thick 600 thousand rubles. This was reported by the Interfax agency with reference to a press release from Basic Element.
The court also ordered Tolstykh and JSC "TV Center" to refute the unreliable and defamatory information disseminated in the television program in full. TVC management plans to challenge this decision.
link: http://obzor.westsib.ru/news/
"Basic Element" left the St. Petersburg development
Glavstroy-SPb LLC, a subsidiary of the Basic Element corporation, entered the St. Petersburg market in 2007. The company has won a record number of city competitions for the implementation of investment projects. Among them, for example, the reconstruction of Apraksin Dvor.
However, as it became known, the Basic Element corporation sold its own development business in St. Petersburg to the Nafta-Moskva company. The transaction is closed, its details are not disclosed and are not commented on. "The practice of transferring assets exists in business, this is a normal practice," Valentina Matviyenko explained. According to her, the entire management team of Glavstroy-SPb LLC remained in place after the completion of the transaction between the companies Basic Element and Nafta-Moscow, and negotiations are currently underway with banks to provide loans to continue projects.
link: http://www.restate.ru/
Incompetence as a basic element of Oleg Deripaska's empire
On September 21 last year, Russian businessman Oleg Deripaska gave a lecture at the Hong Kong University of Science and Technology titled "Seeing Purpose: How to Turn Opportunities into Success Stories." The president of the university, Tony Chan, asked the aluminum magnate to "tell the lucky ones gathered here" about what Mr. Deripaska learned especially useful from what he learned during his life's journey. So, at least, it is written in the transcript of the meeting.
The brainy Chinese "lucky ones", of course, did not stoop to marginal questions from the series "why are you so not only smart, but also handsome?" But it’s hard to call a sharp conversation either. Oleg Deripaska took the first accurate question about overcoming the crisis by RUSAL with Olympian calmness.
link: http://kras-pravda.ru/themes/
“Basic Element”, which controls Glavmosstroy, convenes an extraordinary meeting of company shareholders to re-elect its top management
The “Basic Element”, which controls Glavmosstroy, convenes an extraordinary meeting of the company's shareholders to re-elect its top management. Now Glavmosstroy will have the post of general director. And Gennady Ulanovsky, who headed the holding for many years, will remain as president only if the plans of Bazel are not hindered by the Moscow government, which owns the “golden share” of Glavmosstroy.
As it became known to Vedomosti, the shareholders of Glavmosstroy received notices of an extraordinary meeting to be held on June 14. The main issue on the agenda is the early termination of the powers of the president and the election of a new executive body. Marat Khairullin, PR Director of Glavstroy Corporation, confirmed this information, specifying that the meeting was held on the initiative of the main shareholder, Bazel. He declined to comment further.
A source close to the shareholders of Glavmosstroy specified that the planned changes relate to the company's job hierarchy. Now the head of Glavmosstroy is President Gennady Ulanovsky, but the shareholders propose to share the position of a single authority between the general director and the president. In fact, the general director will manage the business and have the right to sign, and the president will be given representative functions. According to the interlocutor of Vedomosti, Gennady Ulanovsky may remain in his post, and Nikolai Ashlapov (the current executive director of Glavmosstroy) will be offered the position of general director.
link: http://www.restko.ru/news/4718
"Basic Element" continues to work in Sochi
Basic Element Holding continues to build Olympic facilities according to the schedule. The company does not refuse to participate in the Sochi-2014 project
As previously reported by the information portal "Otdykh.na Kuban.ru", the Austrian construction concern Strabag refuses to participate in future tenders for the construction of Olympic facilities in Sochi for the 2014 Olympics. The General Director of "BasEl" Oleg Deripaska until recently owned a blocking stake in the Strabag concern.
According to Strabag representative Christian Ebner, investors began to abandon previously announced projects. Among the "refuseniks" Christian Ebner named Oleg Deripaska, who was going to build an Olympic village in Sochi with an investment of 3 billion euros. However, the press service of "BasEl" denied the information that plans to participate in the project "Sochi-2014" are in the past.
"Basic Element" considers its participation in the construction of the Olympic infrastructure as a priority and continues to implement projects in accordance with the schedule, - RIA Novosti reports. “The largest of them are the Sochi Port Cargo Area, Sochi Airport and the Olympic Village.”
Basic Element is an investment company established in 1997 with assets in Russia and abroad. The main assets of the company are concentrated in six sectors - energy, resources, engineering, financial services, construction and aviation.
link: http://otdih.nakubani.ru/news/
"Basic Element" laid the first stone of the Olympic Village in Sochi
On March 23, 2011, the solemn ceremony of laying the first stone of the Main Olympic Village took place in Sochi. The ceremony took place at the construction site of the facility in the picturesque area of the Imeretinskaya lowland (Adlersky district of Sochi).
The event was attended by: President of "GK Olimpstroy" S.A. Gaplikov, Vice-President of Olympstroy Group of Companies A.V. Gornostaev, Deputy Head of the Office of the Government of the Russian Federation D.A. Ryzhkov, General Director of the Glavstroy Corporation A.G. Barantsev, Deputy General Director of the Corporation "Glavstroy" - General Director of the company "RogSibAl" I.V. Evtushevsky, Project Manager STRABAG SE Wolfgang Friwald.
The solemn ceremony marked the beginning of the construction of a complex of facilities: "The main Olympic village (3000 seats)" and "The complex of buildings and structures for the accommodation of the Olympic family and the International Paralympic Committee with a 4-star service level (for 1285 apartments)".
link: http://www.globalmsk.ru/
Mirax and "Basic Element" will build up the plant
Kommersant has learned that Oleg Deripaska's Basic Element and Sergey Polonsky's Mirax Group are investing more than $1.5 billion in a joint project near Big City. For $220-250 million, the partners bought the Kazakov Moscow Instrument-Making Plant at the intersection of the Third Transport Ring and Kutuzovsky Prospekt from the structures of the sugar company Prodimex, where they will build 500 thousand square meters. m of business class housing. Experts consider the developers' partnership to be logical: Bazel has no experience in building large complexes in Moscow, while Mirax is already implementing three projects in the area.
Since 2004, the Moscow Instrument-Making Plant (MPZ, covers an area of 11 hectares) has controlled the structures of Prodimex, which planned to build 240-280 thousand square meters there. m of business class housing. But at the beginning of October, 20% of the enterprise was purchased by the Altius Development company, which is part of Basic Element, at an auction of the Russian Federal Property Fund for about $200 million. Mirax Group also participated in the auction, which started negotiations with Bazel on a joint purchase of the remaining shares of the enterprise from Prodimex.
link: http://archi.ru/events/news/
“Basic Element” refutes articles by “Mond”
MOSCOW, 4 December. /Corr. RIA News/. The press service of the company "Basic Element" came out on Wednesday with a refutation of the articles published at the end of November by the French newspaper "Mond".
According to a press service report received by RIA Novosti, on November 27 and 28, 2002, the Mond newspaper published materials on the history of the development of modern Russian industry. These publications, the press release notes, “contained absolutely untrue and unsubstantiated accusations” against Oleg Deripaska, General Director of Russian Aluminum and Chairman of the Supervisory Board of Basic Element, including “committing unlawful acts, participating in corruption during the creation of the Russian Aluminum company.
link: http://newz-eu24h.ru/Bazovyiy_
Statement of the Company "Basic Element" in connection with the dissemination of false information on the financial condition of BANK SOYUZ that took place on September 16, 2008
Basic Element is closely following the developments in the Russian banking market. SOYUZ, a member of the BANK Group, fulfills all its obligations under transactions with counterparties, including REPO transactions, in a timely manner and in full. Credit institutions experiencing difficulties due to the current market situation have no obligations to SOYUZ BANK. In the event of the development of negative trends in the market, Basic Element Company will take all necessary actions to support the liquidity of BANK SOYUZ.
link: http://www.vklad-credit.ru/
"Basic Element" transferred to "Continentalinvest" 25.2% of the shares of BPPM
IRKUTSK, June 30 - RIA Novosti, Alexey Kopylov. "Basic Element" transferred to the management of the company "Continentalinvest" (KI) a 25.2% stake in the Baikal Pulp and Paper Mill, now KI disposes of 50.27% of the mill's shares, which will allow the company to make fundamental decisions on the development of the mill, RIA Novosti reported on Wednesday source in "Basel".
In March LPK Continental Management (Bazel's structure) closed a deal to sell 25.07% of shares out of a little over 50% of shares in Baikal Pulp and Paper Mill to the Kontinentalinvest holding owned by businessman Nikolai Makarov. Another 25.2% remained with Continental Management. Also, about 49% of BPPM is currently owned by the state represented by the Federal Property Management Agency.
"Basel" transferred its 25.2% to the management of "Continentalinvest". Now Nikolai Makarov's company will make operational and strategic decisions on the BPPM," the source said.
link: http://www.rian.ru/economy/
Basic Element sells Soyuz bank to Gazprom structures for a symbolic sum
Gazfinance, a 100% subsidiary of Gazpromregiongaz, signed an agreement on the financial recovery of Soyuz with the Deposit Insurance Agency (DIA), Finansresurs holding (the main shareholder of Soyuz) and the bank itself. DIA will lend to Soyuz. This was reported by Vedomosti on Sunday.
"Basic Element" announces the launch of the "Kuban Express" project
The company "Basic Element" announces the start of taxi transportation by the company "Kuban Express". Territorial units of the motor transport company are opened at the airports of the Basel Aero company in Krasnodar, Sochi, Anapa and Gelendzhik.
The company "Kuban Express" offers economy and VIP-class services for passengers of airports in the Krasnodar Territory. Now passengers of Kuban Airlines and Sky Express can order a transfer from the terminal or a trip to the airport in comfortable and reliable taxis as an additional service to the ticket.
For a passenger arriving in Krasnodar, the advantage of the new service is obvious: at the same time as buying a plane ticket, he decides how to quickly, comfortably and safely get from the terminal to his destination.
Passengers are offered Volga Siber cars, equipped with everything necessary for a comfortable and safe trip. It is planned that Kuban Express will use about forty Volga Siber cars at the Krasnodar airport, twenty cars in Sochi, and ten cars each in Gelendzhik and Anapa.
For people with handicapped from March 1, a specially equipped machine will start working in Krasnodar. By the summer holiday season, JSC "GAZ" plans to deliver ten such cars to the airports of "Basel Aero".
link: http://www.aviaport.ru/digest/
Where does the "Basic Element" put the eggs?
A curious transcript of a conversation between a man resembling the chairman of the board of directors of Basic Element, billionaire Oleg Deripaska and a man resembling ex-Prime Minister Mikhail Kasyanov, has come to the disposal of the media. According to information available on the Internet, the following conversation took place between Kasyanov and Deripaska:
link: http://www.compromat.ru/page_
"Basic element" Oleg Deripaska was marked by dirty drains
40 percent of surface water sources and 17 percent of underground sources do not meet the standards for the maximum permissible concentration of harmful substances. Boris Nikonov, a member of the State Duma Committee on Natural Resources, Environmental Management and Ecology, presented such data during a meeting in the Public Chamber. One of the leaders in environmental pollution are the enterprises of the Basic Element group of Oleg Deripaska.
According to the deputy, the problem lies in the imperfection treatment facilities and dilapidated water pipelines: about 40% of networks require replacement, and only about one and a half percent change during the year. Thus, the degree of depreciation of fixed assets used in the intake, purification and distribution of water has reached 54 percent today, which, of course, affects the end consumer, Rossiyskaya Gazeta reports.
link:
Oleg Deripaska controls most of his assets through two companies - Jersey-based Basic Element Ltd and A-Finance from the British Virgin Islands
Julia Fedorinova
Basic Element Ltd was incorporated in September 2002, according to the Jersey Registry. A year later, it changed its name to Kanchen Energy Capital Ltd, and in August 2005 it became Basic Element again. Just at this time, "Basel" began to turn into a holding company with the current structure.
An employee of one of the investment companies, who saw the company's financial statements for 2007, told Vedomosti about the assets of Basic Element. The reliability of this information was confirmed by a source close to Basic Element.
It follows from the document that at the end of 2007, Basic Element was 100% owned by A-Finance registered in the British Virgin Islands, the beneficiary of which is Deripaska. Basic Element itself directly or indirectly owns controlling stakes in companies in the machine-building sector (Russian Machines, the GAZ group, Aviakor, etc.), 46% of the shares of Valtoura Holdings Ltd. (owns Rasperia Trading, which bought shares in Hochtief and Strabag). The remaining stake in it is controlled by A-Finance. Basic Element also owns a 25% stake in En+ (the rest is also owned by A-Finance), which owns a 56% stake in UC Rusal. And earlier, Basic Element owned 20% of En + shares. The shareholder transferred another 5% of the shares to Basic Element in 2007 - this was reflected as Deripaska's contribution to the authorized capital of Basic Element, estimated at $ 366 million. The financial block of Bazel also does not appear in the financial statements.
But the report disclosed data on the financial performance of Basic Element, said an employee of the investment company. Its revenue (including discontinued operations) in 2007 was $8.446 billion, with gross profit of $1.684 billion. Profit before tax was about $920 million and net income was about $740 million.
Basic Element debt at the end of the year amounted to about $6.253 billion ($2.891 billion in long-term and $3.36 short-term loans and borrowings). According to a rough estimate, the ratio of debt to EBITDA was at least 4.5, said Egor Fedorov, an analyst at the Bank of Moscow. The banks pledged a share in Magna International bought on credit (20%, they took a two-year loan from BNP Paribas for $ 1.229 billion, was recently sold on margin calls), 67.8% of the shares of the GAZ group, 42% of the shares of Aviakor and 69.3% of the shares of Abakanvagonmash.
Also, Bazel was recently forced to sell 9.99% of Hochtief's shares through margin calls. A 25% stake in Strabag was pledged to Deutsche Bank as collateral for a loan to purchase paper. Recently, other shareholders of the construction company provided Bazel with 460 million euros to refinance this loan, also secured by Strabag shares. True, the reporting does not say anything about the encumbrance on the shares of Strabag and Hochtief, the source of Vedomosti claims.
But Basic Element pays almost no dividends to Deripaska: in 2007 they amounted to about $21 million.
“Since the figures cited in the article may be related only to one of the companies included in the group, it makes no sense to judge the financial performance of Bazel by them as a whole. They do not reflect the whole or even a significant part of the picture,” Alexander Lukin, Deputy General Director for Finance of Basel, reported through the press service. Lukin declined to comment further. He explained this by saying that he could not "seriously discuss papers<...>obtained from an unknown source.
Basic Element, private investment fund
Owner - Oleg Deripaska.
Assets - En+ group (UC Rusal, Eurosibenergo, United Oil Group, Salamon Enterprises), Russian Machines (GAZ, Aviakor, Abakanvagonmash), Basic Element Finance financial company (Ingosstrakh, Soyuz bank , Element Leasing, Sotsium pension fund, Pifagor management company), Element Resources resource holding (Soyuzmetallresurs, Continental Management, etc.), construction companies.
Creative biographyBasicelement(Basik Element)
Basic Element is one of the popular bands in Sweden, which appeared in 1992. For themselves, they chose such a musical direction as electro-house and eurodance. The Basic Element team included Cesar and Peter, who worked in Holland and were both born in Malmö. According to Basic Element's agent's official website, having failed there, they came to Sweden to become pop stars.
The first single appeared in 1993 under the name Move Me. But only their second single, which appeared in early 1994, brought popularity to the group. Promise Man stayed on the air for a very long time and occupied high positions in all sorts of hit parades. Zetma, who left Basic Element after the release of the first album, took part in the recording of these first compositions. The first album was released in 1994 - it was a resounding success and the group established itself in its title of the best Eurodance groups. When Zanet joined the Basic Element team, the musicians began to work on their second album, which also became very successful. Today, this Swedish band has already released six studio albums, the last two of which appeared after some creative break.
You can't but rejoice at the fact that you can order a performance from Basic Element - this is a wonderful band that will delight you with many wonderful singles. By the way, the songs from the latest album have become better known to the mass audience and, in fact, it is the sixth album that is the calling card of the band. The single Touch You Right Now, which appeared in 2009, is especially popular.