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2009

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18.12.2009

Basic Element Says Strabag of Strategic Importance to Company

Bloomberg 

Oleg Deripaska's Basic Element sees Strabag SE as a strategically important investment.

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11.12.2009

Deripaska's SMR Molybdenum Company Refinances Its $122M Debt

SMR, the Russian molybdenum miner owned by billionaire Oleg Deripaska has completed refinancing of its $122 million debt to domestic and international banks, the Basic Element holding company, of which SMR is a part, said Friday.

Dow Jones

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10.12.2009

Basic Element says Ingosstrakh shareholder PPF trying to manipulate judges

PPF Investments was trying to manipulate judges with a press release issued days before the hearing of a lawsuit seeking to invalidate decisions reached at the Ingosstrakh annual meeting, Basic Element (BasEl), which controls the insurer, said in a statement.

Interfax

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08.12.2009

Grand Baikal to invest 1 bln rbl in ski resort in Irkutsk Region

Russia's Irkutsk Region-based tour operator Grand Baikal intends to invest 1 billion rubles in the expansion of a ski resort in the town of Baikalsk in 2009-2015, the company's CEO Viktor Grigorov told reporters on December 5.

PRIME-TASS

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07.12.2009

A year of hard work pays off for Rusal's majority owner

Oleg Deripaska is a man who likes to take control. As two journalists struggle to turn off a noisy overhead projector in an FT conference room, Russia's one-time richest man silently rises from his seat and with a few clicks of a button silences the machine. Mission accomplished, the oligarch turns his attention to the high level of the river Thames outside the London head office of the FT - reason for nervousness, he quips, suggesting that with global warming taking hold "we'll soon be growing bananas in Siberia.

Financial Times

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