Basic Element is one of the most dynamic and diversified companies
Basic Element is Russia's leading diversified investment company striving to conduct business in Russia and around the world in an effective and responsible manner. Basic Element's main assets are concentrated in six economic sectors - Energy, Resources, Manufacturing, Financial Services, Construction and Aviation.
Basic Element through its affiliates owns significant stakes in and operates dozens of companies. Many of them play key roles in their respective market segments in Russia and internationally, including UC RUSAL, GAZ Group, Transstroy and Ingosstrakh.
Basic Element is one of the largest, most dynamic and effectively-run business groups of modern Russia. With more than 100 companies in six industry sectors, in recent years its revenues were consistently growing at a rate of more than 40 percent a year. As the global crisis unfolds, all companies in the group are implementing a cost- and expense-cutting program. With market demand falling, this effort is geared towards maintaining and improving profitability. About 300,000 people work at the Group's companies in Russia, the CIS, Africa, Australia, Asia, Europe and Latin America. |
