Company Overview of Alfa Group Consortium
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
Founded in 1989
Key Executives for Alfa Group Consortium
Chief Executive Officer and Member of The Alfa-Banks Board of Directors
Founder and Chairman of the Supervisory Board
Director of Corporate Development
Member of Supervisory Board and Chief Executive Officer of Alfastrakhovanie Group
Compensation as of Fiscal Year 2014.
Alfa Group Consortium Key Developments
Alfa Group Reports Earnings Results for the Year 2013
Jul 9 14
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
May 14 14
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
Jan 23 14
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.
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November 7, 2013