May 21, 2013 3:01 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...

Detailed Description

4 Irish Place

Suite 2

Gibraltar,  

Gibraltar

Founded in 1989

Phone:

350 200 41977

Fax:

350 200 41988

www.alfagroup.org

Key Executives for Alfa Group Consortium

Chief Executive Officer and Member of The Alfa-Banks Board of Directors
Age: 43
Founder and Chairman of the Supervisory Board
Age: 48
Co-Founder
Age: 51
Director of Corporate Development
Age: 44
Chief Executive Officer of AlfaStrakhovanie Group
Compensation as of Fiscal Year 2012.

Alfa Group Consortium Key Developments

Alfa Group Reportedly Interested In Uniastrum Bank
Mar 28 13

Alfa Group Consortium is seeking to acquire Uniastrum Bank LLC of Bank of Cyprus Public Company Limited. Yannis Kypri, Ex Chief Executive of Bank of Cyprus earlier held talks with Russian investors , a source close to Kypri said. But the results of the negotiations are unknown. A source close to Uniastrum believes that Georgy Piskov and Gagik Zakaryan, Uniastrum's minority shareholders may object to a possible transaction with Alfa. "Alfa-Bank is known for its harsh policy in respect of its subsidiaries as well as for reluctance to cooperate with minority shareholders," he added.

Alfa Group To Reportedly Complete Acquisition Of IDS In January 2013
Jan 22 13

Alfa Group Consortium will complete the acquisition of a controlling interest in IDS Borjomi Beverages in late January 2013, reported The Forbes. Vladimer Tatarchuk, Head for Corporate Investments Bank block of Alpha Group has been involved in the deal. Alfa Group abstains from unveiling the agreement details before the conclusion of the agreement. According to the Forbes, the value of 100% stake in IDS Borjomi is $500 million, according to which Patarkatsishvili's family will receive $240 million to $250 million for sale of their stake.

Alfa Group Plans To Acquire Bank In Belarus
Nov 8 12

Alexei Zagarin, Managing Director of Open Joint Stock Company Alfa-Bank said that Alfa Group Consortium is in negotiations to acquire a bank in Belarus. Zagarin said, “Taking into account that competition is quite tough in the world and there are free niches in Belarus, we need to occupy them." Zagarin did not disclose any information about which bank would Alfa Group like to purchase. According to Belarusian experts, Alfa Group might be in talks with Belarusian Bank of Development and Reconstruction Belinvestbank Joint-Stock Company (Belinvestbank).

Similar Private Companies By Industry

Company Name Region
Alfa Group Consortium Europe
CTF Holdings Limited Europe

Recent Private Companies Transactions

Type
Date		 Target
Merger/Acquisition
December 26, 2012 		IDS Borjomi Beverages
Merger/Acquisition
October 17, 2012 		TNK-BP Ltd.
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