Business

Basic Element is a major player in the global economy. Its subsidiaries operate across key industries including energy, metals and mining, machinery, aviation and agriculture.

The Group’s growth strategy is aimed at boosting its market capitalisation, improving its financial and operational efficiency, expanding and strengthening its geographic footprint, contributing to socio-economic development where it operates, and upholding environmental standards.

The financial services companies as Bank Soyuz, Ingosstrakh insurance company and Ingosstakh-Investments (the companies are independent from Basic Element and are in Oleg Deripaska’s investments portfolio) are focused on ensuring high quality customer service and expanding the range of products provided to keep leadership positions.

By 2025 Basic Element plans to become one of the world’s top three companies in energy and metals. It plans to create Russia’s largest airport group with passenger traffic of 20 million people per year. Basic Element also plans to develop its agribusiness into a leading enterprise that includes a state-of-the-art research and technology lab.

Basic Element’s long-term development program also includes a commitment to implementing a threefold decrease in emissions per unit of production by 2025. To achieve this, the Group has invested in large-scale projects aimed at improving its environmental performance. This program includes modernising and re-equiping production facilities, developing cutting-edge production technology, and increasing the share of eco-friendly power in the energy market.