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Alfa Group

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Alfa Group
Альфа-Групп
Company typePrivate conglomerate
IndustryDiversified investments
Founded1989
FounderMikhail Fridman
Pyotr Aven
Headquarters,
Area served
Russia, Ukraine, Turkey, CIS
Key people
Mikhail Fridman
German Khan
Alexei Kuzmichov
Pyotr Aven
RevenueIncrease US$2,803,351,000 (2006)[1]
Increase US$1,790,920,000 (2006)[1]
Increase US$1,664,493,000 (2006)[1]
Total assetsIncrease US$32,194,759,000 (2006)[1]
Total equityIncrease US$9,391,639,000 (2006)[1]
SubsidiariesAlfa-Bank
TNK-BP
Altimo
VimpelCom
MegaFon
Websitehttp://www.alfagroup.org

Alfa Group Consortium (Template:Lang-ru) is one of Russia's largest privately owned financial-industrial conglomerates, with interests in oil and gas, commodities trading, commercial and investment banking (Alfa Bank), insurance, retail trade and telecommunications, and the biggest industry whose owner doesn't have an article on Wikipedia. The group was founded by Mikhail Fridman (one of the most influential business leaders in Russia and one of the Russian oligarchs) and Peter Aven. The Consortium was built on Alfa-Eco, a trading company established in 1988 by Mr. Fridman. Its headquarters are in Moscow.

Joint ventures

Alfa Group owns a share of Смирновъ (or Smirnov Trading House), the popular Russian vodka. Diageo, the owner of Smirnoff and Captain Morgan, is the other co-owner in the venture.

Through its telecom arm Altimo, it controls 32.9% of voting shares in VimpelCom, Russia's leading mobile operator, in par with Telenor.

In April 2006 giant discount retailer Pyaterochka ( listed on London's AIM market), announced a merger with the supermarket chain Perekryostok. Alfa Group, being Perekryostok's largest shareholder, is going to hold the controlling stake in this combined business.

There are a number of current disputes regarding Alfa's claimed ownership of various stakes in telecoms companies.

References

  1. ^ a b c d e "Alfa Group Annual Report 2006" (PDF). Alfa Group. 24 September 2007. Retrieved 2008-03-23. {{cite web}}: Check date values in: |date= (help); Unknown parameter |coauthors= ignored (|author= suggested) (help)