Basic Element creates the holding Russian Machines — its Manufacturing Sector.
Controlling stakes are acquired in GlavMosStroy, one of the largest construction holdings in Moscow and the Moscow Region, MosPromStroyMaterialy and MosMontazhSpetsstroy.
In Montenegro, controlling stakes are acquired in the Kombinat Aluminjiuma Podgorica (KAP) and the Niksic bauxite mine. These assets, together with shares in the alumina plant Cemtrade S.A. in Romania, are managed by Central and Eastern European Aluminum Company. |