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Renova Group
Renova Group is a Russian conglomerate (company), 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. The Renova Group is primarily active in Russia, the Commonwealth of Independent States, 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. Renova maintains very close ties to both Saudi Arabia and the Arab world as a member of the Russian-Saudi Economic Council and the Russian-Saudi and Russian-Arab Business Councils which are part of the Chamber of Commerce and Industry of the Russian Federation, Chamber of Commerce and Industry (CCI). Vladimir Yevtushenkov, who founded and controls Sistema, is the chairman of both the Russian-Saudi and Russian-Arab Business Councils since 2002. In 2010 Renova Group entered into an agreement to provide funding ...
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Limited Liability Company
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An ...
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Chamber Of Commerce And Industry Of The Russian Federation
The Chamber of Commerce and Industry of the Russian Federation (RF CCI, ) is a non-governmental, non-profit organization that operates under the Russian Federation Law on Chambers of Commerce and Industry in the Russian Federation and the Chamber's Charter and represents the interests of small, medium-size, and big businesses encompassing all business sectors—manufacturing, domestic and foreign trade, agriculture, the finance system, and the services. Chaired by Sergey Katyrin. Mission The Chamber formulates its mission as to “promote the growth of the Russian economy and its integration into the world economic system and provide favorable conditions for the advancement of all business sectors.” History In March 1910 a bill on the introduction of chambers of commerce and industry in Russia was drawn up, but the statute "On chambers of commerce and industry" was approved only on October 6, 1917 by the Russian Provisional Government. The document outlined principal goals, ta ...
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Non-renewable Resource Companies Established In 1990
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual Chemical element, elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when Sustainable forest management, harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can also occur within human lifespans. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The meta ...
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Conglomerate Companies Established In 1990
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge Conglomerate Ridge () is a ridge, long, located east-southeast of Mount Bursik in the Soholt Peaks, Heritage Range, Ellsworth Mountains of Antarctica. The ridge trends northwest–southeast and rises to about . It was so named from the congl ..., in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) {{disambiguation ...
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Renova Group
Renova Group is a Russian conglomerate (company), 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. The Renova Group is primarily active in Russia, the Commonwealth of Independent States, 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. Renova maintains very close ties to both Saudi Arabia and the Arab world as a member of the Russian-Saudi Economic Council and the Russian-Saudi and Russian-Arab Business Councils which are part of the Chamber of Commerce and Industry of the Russian Federation, Chamber of Commerce and Industry (CCI). Vladimir Yevtushenkov, who founded and controls Sistema, is the chairman of both the Russian-Saudi and Russian-Arab Business Councils since 2002. In 2010 Renova Group entered into an agreement to provide funding ...
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2016 United States Presidential Election
United States presidential election, Presidential elections were held in the United States on November 8, 2016. The Republican Party (United States), Republican ticket of businessman Donald Trump and Indiana Governor, Indiana governor Mike Pence defeated the Democratic Party (United States), Democratic ticket of former United States Secretary of State, secretary of state Hillary Clinton and Virginia junior senator Tim Kaine, in what was considered one of the biggest political Upset (competition), upsets in American history. It was the fifth and most recent presidential election in which the List of United States presidential elections in which the winner lost the popular vote, winning candidate lost the popular vote. Incumbent Democratic president Barack Obama was ineligible to pursue a third term due to the term limits established by the Twenty-second Amendment to the U.S. Constitution. Clinton secured the nomination over U.S. senator Bernie Sanders in 2016 Democratic Party ...
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Economic Sanctions
Economic sanctions or embargoes are Commerce, commercial and Finance, financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of Coercion (international relations), coercion that attempts to get an actor to change its behavior through disruption in economic exchange. Sanctions can be intended to Compellence, compel (an attempt to change an actor's behavior) or Deterrence theory, deter (an attempt to stop an actor from certain actions).Haidar, J.I., 2017Sanctions and Exports Deflection: Evidence from Iran" Economic Policy (Oxford University Press), April 2017, Vol. 32(90), pp. 319–355. Sanctions can target an entire country or they can be more narrowly targeted at individuals or groups; this latter form of sanctions are sometimes called "smart sanctions". Prominent forms of economic sanctions include trade barriers, Asset freezing, asset freezes, travel bans, arms embargoes, and restrictions on financial transac ...
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Columbus Nova
Columbus Nova is an investment company founded in 2000 by Andrew Intrater, who serves as the company's chief executive officer and is cousin to Russian oligarch Viktor Vekselberg. History On September 17, 2013, online music service Rhapsody International announced that it would accept a "significant" investment of an undisclosed amount from Columbus Nova Technology Partners. At the same time, it was announced that Rhapsody president Jon Irwin would step down and the company would lay off some of its workers. Former senior managing partner Jason Epstein also owns Daybreak Game Company, Harmonix, the makers of ''Guitar Hero'', whom he bought from Viacom in December 2010. In 2015, Columbus Nova made large investments in Chairman Benny Gantz's Fifth Dimension, a real time predictive analysis firm used by security agencies. Fifth Dimension was founded in 2014 by deputy Chairman of the Board Doron Cohen. Late in 2018, Fifth Dimension ceased its operations. In 2017, '' Mother ...
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Private Equity Firm
A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existing operating company with the end goal to make a profit on its investments. The target companies are generally privately owned entities (not publicly listed), but on rare occasions a private equity firm may purchase the majority of a publicly listed company and delist the firm after the purchase. To complete its investments, a private equity firm will raise funds from large institutional investors, family offices and others pools of Financial capital, capital (e.g. other private-equity funds) which supply the Ownership equity, equity. The money raised, often pooled into a fund, will be invested in accordance with one or more specific investment strategies including leveraged buyout, venture capital, and growth capital. Although the indus ...
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Fort Ross
Fort Ross (, , Kashaya: ) is a former Russian establishment on the west coast of North America in what is now Sonoma County, California. Owned and operated by the Russian-American Company, it was the hub of the southernmost Russian settlements in North America from 1812 to 1841. Notably cosmopolitan, different ethnic groups settled in and around the fort: Native Californians, Native Alaskans, Russians, Finns, Swedes. It has been the subject of archaeological investigation and is a California Historical Landmark, a National Historic Landmark, and on the National Register of Historic Places. It is part of California's Fort Ross State Historic Park. Etymology The present name of Fort Ross appears first on a French chart published in 1842 by Eugène Duflot de Mofras, who visited California in 1840. The name of the fort is said to derive from the Russian word rus or ''ros'', the same root as the word "Russia" (, ''Rossiya'') (Fort Ross (Russian: Форт-Росс, Kashaya ''m ...
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Sistema
AFK Sistema PAO is a large Russian conglomerate company, founded by Vladimir Yevtushenkov, who was chairman of the corporation's board of directors until 2022. In April, Yevtushenkov's shareholding in Sistema has decreased to 49.2%, and he also stepped down from Sistema's board. Sistema has its headquarters in Moscow. The company's global depository receipts (GDRs) traded on the London Stock Exchange from 2005 until delisting in May 2023. It has been under US sanctions since November 2023. History In 1993, Evgeny Novitsky and Vladimir Yevtushenkov founded the holding company AFK Sistema, also known as Sistema JSFC, to group together several information technology (IT) and cell phone companies including MTS. Structure Sistema operates a number of consumer service businesses in the areas of: * IT and telecoms — Mobile TeleSystems, Moscow City Telephone Network, SkyLink, Sitronics (formerly known as 'Science Center Concern'), NIIME, Mikron, STROM telecom. * Banking — MT ...
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