Alfa Group Consortium is one of Russia's largest privately owned financial-industrial conglomerates, with interests in oil and gas, commodities trading, commercial and investment banking , insurance, retail trade and telecommunications. The group was founded as Alfa-Eco by Mikhail Fridman, one of the most influential business leaders in Russia during the Yeltsin presidency and one of the Russian oligarchs, in partnership with L. Goldberg and Peter Aven. The Consortium was built on Alfa-Eco, a trading company established in 1988 by Mr. Fridman. Its headquarters are in Moscow. As a holding... company, Alfa Group has incomes from dividends and daughter companies that are more or less consolidated in Alfa's accounts. Therefore, formal revenue in 2007 was a mere US$1.8 billion, whereas income and dividends from daughters and joint ventures was US$17.3 billion, plus a US$5.3 bn from retail trade, US$2.4 bn from banking and insurance, and US$295 million from other activities - altogether US$22.9 bn from activities, excluding oil and gas.
more
| Founded: | 1989 |
| Founders: | Mikhail Fridman |
| Headquarters: | Moscow, Russia |