UC RUSAL acquires a blocking stake in Norilsk Nickel.
Basic Element increases its stake in Transstroy to 100 percent.
Due to global financial crisis, Basic Element relinquishes its stakes in Magna (Canada) and Hochtief (Germany), and Gazpromregiongaz acquires a stake in Bank Soyuz.
A holding company is formed around Glavstroy Corporation which will incorporate all construction assets of Basic Element.
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