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Millhouse Capital
Millhouse Capital is a British registered company. It was created in 2001 to manage assets owned by the Russian businessman Roman Abramovich and his partners. Overview The chairman of the company is Russian-American businessman Eugene Shvidler. Its assets under management included major stakes in oil company Sibneft (now Gazprom Neft), Russian Aluminium, Aeroflot, and RusPromAvto, as well as investments in electricity, pulp and paper processing, insurance and banking. The company controls the Prodo agricultural group, which it took over in 2003. Holdings Millhouse Capital's shareholders sold their 26 per cent holding in OAO Aeroflot in 2003 and a 50 per cent stake in OAO Russian Aluminium ( UC RUSAL), now the world's largest aluminium producer, in two deals spanning 2003 and 2004. The sale prices were not disclosed. In October 2005, Millhouse Capital sold a 72% stake in Sibneft to Gazprom for more than US$13 billion. In Russia, the company owns real estate assets ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ...
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Roman Abramovich
Roman Arkadyevich Abramovich (born 24 October 1966) is a business oligarch and politician. He is the former owner of Chelsea F.C., Chelsea, a Premier League football club in London, England, and is the primary owner of the private investment company Millhouse LLC, Millhouse. He has Russian, Portuguese and Israeli citizenship. He was formerly Governor of Chukotka Autonomous Okrug from 2000 to 2008. According to ''Forbes (magazine), Forbes'', Abramovich's net worth was 14.5 billion in 2021, making him the List of Israelis by net worth, second-richest person in Israel, Since then, his wealth decreased to $6.9 billion (in 2022) before rising again to $9.2 billion in 2023. Abramovich enriched himself in the years following the collapse of the Soviet Union in the 1990s, obtaining Russian state-owned assets at prices far below market value in Russia's controversial Loans for shares scheme, loans-for-shares privatization program. Abramovich is considered to have a good relationship ...
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London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ...
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Eugene Shvidler
Evgeny Markovich Shvidler , also transliterated as Eugene Shvidler, born 23 March 1964), is a Soviet-born billionaire businessman, and winemaker. Shvidler was sanctioned by the UK Government in March 2022 in the wake of the Russian invasion of Ukraine and he remains under United Kingdom sanctions. Shvidler holds dual British and American citizenship. In August 2023, the UK High Court rejected Shvidler's application for his being sanctioned to be reviewed. In February 2024, Shvidler's appeal to the UK Court of Appeal was rejected. As of April 2014, Shvidler's wealth is estimated at $1.6 billion, although it is unclear how much of this is sanctioned. Early life Shvidler was born in Ufa, Russian SFSR, Soviet Union (now Russia). His place of birth has sometimes been incorrectly listed as Moscow. Shvidler is from a Jewish family. His father is Soviet geologist Mark Iosifovich Shvidler. In 1989, Shvidler moved to the US, and studied at Fordham University in New York, receiving a ...
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Assets Under Management
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol manages and invests, typically on behalf of its clients. Funds may be managed for clients, platform users, or solely for themselves, such as in the case of a financial institution which has mutual funds or holds its own venture capital. The definition and formula for calculating AUM may differ from one entity to another. Overview Assets under management is a popular metric used within the traditional investment industry as well as for , such as cryptocurrency, to measure the size and success of an investment management entity. AUM represents the market value of all of the securities that a financial entity owns and manages, or simply manages. The AUM of an entity is often compared with historical d ...
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Gazprom Neft
Gazprom Neft (; formerly Sibneft, ) is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly. History Gazprom Neft was created under the name Sibneft () in 1995 by the transfer of state owned shares in Noyabrskneftegas (production unit), the Omsk Refinery (Russia's largest oil refining complex), Noyabrskneftegasgeophysica (exploration) and Omsknefteprodukt (oil products distribution network) from Rosneft. In 1996 and 1997, Sibneft was privatised throug ...
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Aeroflot
PJSC AeroflotRussian Airlines (, ), commonly known as Aeroflot ( or ; , , ), is the flag carrier and the largest airline of Russia. Aeroflot is headquartered in the Central Administrative Okrug, Moscow, with its hub being Sheremetyevo International Airport. The Federal Agency for State Property Management, an agency of the Government of Russia, owns 73.77% of the company, with the rest of the shares being public float. During the time of the Soviet Union, Aeroflot was one of the largest airlines in the world. In 1992, following the dissolution of the Soviet Union, Aeroflot was divided into approximately 400 regional airlines informally known as Babyflots and was restructured into an open joint-stock company. It has a market share in Russia of approximately 42.3%. Including subsidiaries, the company carried 55.3 million passengers in 2024. Aeroflot also owns Rossiya Airlines and Pobeda, a low-cost carrier. The Aeroflot fleet, excluding subsidiaries, includes 171 airplanes ...
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GAZ Group
GAZ Group () is a Russian automotive conglomerate headquartered in Nizhny Novgorod. It comprises 18 manufacturing facilities in eight regions of Russia, as well as sales and service organizations. GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), buses PAZ, KAvZ, LiAZ, cars, powertrain ( YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment. The main entity "GAZ Group" - OJSC "GAZ", refers to the Office "Management Company" GAZ Group. The "GAZ Group" is a holding company, consolidated around OAO GAZ, bringing together a number of industrial machinery sectors, which are mainly subsidiaries of OJSC GAZ. Management Company GAZ Group was created on September 28, 2006 and is 100% owned by OJSC ...
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Prodo Group
Prodo () group is one of the biggest Russian producers of poultry and meat products, delicacies, as well as ready-to-cook products. The company was founded in 2004. The goods of our brands are sold in 65 regions of Russia. The headquarters is in Moscow. The large scale of items is produced by 3 poultry farms and 3 meat-processing enterprises located in the Central, Siberian, Ural and Volga federal districts of Russia. All of them are the largest players in the local markets. PRODO produces raw materials and corn for its enterprises. PRODO business includes a full production cycle from the production of raw materials to the sale of ready products. We constantly develop and improve our assortment, so that each consumer could find something for his own taste. Among our popular brands are Klinsky, Omsky Bacon, Rococo, Troekurovo, Cherny Kaban, Yasnaya gorka, Khalif, etc. The number of employees is 9 000. History PRODO Group was founded in 2004. In 2018 PRODO Group completed th ...
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Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian State-owned enterprise, majority state-owned multinational Energy industry, energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank of Russia, Sberbank from the first place in the list of the List of companies of Russia, largest company in Russia by market capitalization. In 2023, the company's revenue amounted to 8.5 trillion rubles, a significant decline from the 11.7 trillion rubles it reported in 2022. Gazprom is Vertical integration, vertically integrated and is active in every area of the gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, production, refining, Petroleum transport, transport, Midstream, distribution and marketing, and Electricity generation, power generation. In 2018, Gazprom produced twelve per ...
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Weybridge
Weybridge () is a town in the Borough of Elmbridge, Elmbridge district in Surrey, England, around southwest of central London. The settlement is recorded as ''Waigebrugge'' and ''Weibrugge'' in the 7th century and the name derives from a crossing point of the River Wey, which flows into the River Thames to the north of the town centre. The earliest evidence of human activity is from the Bronze Age. During the Anglo-Saxon and Middle Ages, medieval periods, Weybridge was held by Chertsey Abbey. In 2011 it had a population of 15,449. In the 1530s, Henry VIII constructed Oatlands Palace to the north of the town centre, which he intended to be the residence of his fourth wife, Anne of Cleves. He married Catherine Howard there in July 1540 and the palace remained a royal residence until the English Civil War, Civil War. The buildings were demolished in the early 1650s and a new mansion, Oatlands House, was constructed to the east of Weybridge later the same century. Prince Frederic ...
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