United Company (UC) RUSAL is formed as a results of the merger between RUSAL, SUAL and the alumina assets of the Swiss company Glencore.
Russian Machines acquires about 20 percent of the Canadian company MAGNA, one of the world’s leaders in car components manufacturing.
Basic Element through its affiliates acquires significant stakes in major construction companies: Strabag in Austria (25 percent), Hochtief in Germany (9.99 percent) and Transstroy in Russia (50 percent).
Basic Element creates two new sectors, Aviation and Infrastructure, and thus increases its total number of sectors to seven.
In 2008, two sectors, Construction and Materials, and Infrastructure Construction and Development, are merged into one — Construction Sector. |