August 29, 2014 7:13 PM ET

Industrial Conglomerates

Company Overview of Alfa Group Consortium

Company Overview

Alfa Group Consortium, a conglomerate, engages in the fields of financial services, oil and gas production, investment, retail, telecommunications, and water supply and disposal in Gibraltar and internationally. Its financial services include corporate banking, retail banking, deposits, payment and account, foreign exchange operations, cash handling, custody, investment banking, trade finance, asset management, individual trust asset management, and private equity and real estate investment advisory services, as well as retail insurance products. The company also produces and markets oil and gas; operates refineries; operates service stations selling petroleum products; operates soft discoun...

4 Irish Place

Suite 2

Gibraltar,  

Gibraltar

Founded in 1989

Phone:

350 200 41977

Fax:

350 200 41988

Key Executives for Alfa Group Consortium

Chief Executive Officer and Member of The Alfa-Banks Board of Directors
Age: 45
Founder and Chairman of the Supervisory Board
Age: 50
Co-Founder
Age: 53
Director of Corporate Development
Age: 46
Member of Supervisory Board and Chief Executive Officer of Alfastrakhovanie Group
Age: 45
Compensation as of Fiscal Year 2014.

Alfa Group Consortium Key Developments

Alfa Group Reports Earnings Results for the Year 2013

Alfa Group reported earnings results for the year 2013. For the year, the company's net profit after minority interest jumped to $11.9 billion from $2.49 billion in 2012. Return on equity soared to 88% from 12.8%.

Alfa May Reportedly Raise Stake In Turkcell

Alfa Group Consortium may acquire stake in Turkcell Iletisim Hizmetleri AS (IBSE:TCELL). According to Kommersant’s report, Alfa may raise its stake in Turkcell from 13.2% to 27%, if Cukurova Group fails to pay $1.56 billion imposed by a British court.

Roman Tchaikovsky May Acquire Stake In Independence Group

Roman Tchaikovsky, founder of The Independence Group is likely to acquire 49.95% stake from Alfa Group Consortium’s companies and Goldman Sachs Group, Merchant Banking Division for $300 million, the Kommersant reported. One of Independence Group's Board Directors told Kommersant: "Roman Tchaikovsky is active at the final stage of purchasing the stake held by Alfa and Goldman Sachs." He added that the transaction would be completed in the first half of 2014. U.S.-based investment funds may provide financing for the transaction.

Similar Private Companies By Industry

Company Name Region
CTF Holdings Limited Europe
Alfa Group Consortium Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 7, 2013
Altimo
 

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