April 19, 2014 11:01 AM 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: 44
Founder and Chairman of the Supervisory Board
Age: 49
Co-Founder
Age: 52
Director of Corporate Development
Age: 45
Member of Supervisory Board and Chief Executive Officer of Alfastrakhovanie Group
Age: 44
Compensation as of Fiscal Year 2013.

Alfa Group Consortium Key Developments

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.

Alfa Banking Group Announces Earnings Results for the First Half of 2013

Alfa Banking Group announced earnings results for the first half of 2013. For the period, on the basis of IFRS, the company's net profit amounted to USD 479 million against USD 544 million, representing a 22.1% return on average equity. At the same time operating profit before provisioning increased by 43.2% to USD 1,455 million against USD 1,016 million.

Alfa Group Reportedly Interested In Uniastrum Bank

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.

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
November 7, 2013
Altimo
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Alfa Group Consortium, please visit www.alfagroup.org. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.