Who we are
Basic Element is a diversified industrial group made up of over 100 Russian and international companies and facilities operating in a range of sectors. These include energy, metals and mining, machinery, aviation, financial services and agriculture.
Basic Element's portfolio of assets and companies actively cooperate with each other to create partnerships that simultaneously reinforce the competitive advantages of each business and the entire group.
Many companies in the Basic Element group hold leading positions across their respective sectors. These include RUSAL, the world's largest producer of aluminium and EuroSibEnergo, Russia's largest private power generating company (part of En+Group); GAZ Group, Russia’s leading automotive holding (part of “Russian Machines”); and Glavstroy, one of the largest construction companies in Moscow and Saint Petersburg.
The company's dynamic nationwide operations contribute significantly to Russia's industrial, economic and social growth. Basic Element accounts for about 1% of Russia’s GDP and invests heavily in the development of Russia’s regions. It is one of the largest employers in Russia. In the last five years alone, the group has created over 15,000 new jobs, with plans to create tens of thousands more by 2025.
The group's growth strategy is aimed at strengthening the leading positions of its companies by boosting the efficiency of operations, increasing production capacity and implementing large-scale innovation projects. Basic Element also seeks to contribute to the socio-economic development of the regions in which it operates and ensure the environmental sustainability of its projects.