Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Renova May Get Hold of Another Swiss Asset
5.04.2013 19:22
Renova May Get Hold of Another Swiss Asset
Photo Credit:

Renova will support Swiss-based Schmolz & Bickenbach AG in an attempt to diversify its business.

      The company may spend up to 625 million Swiss francs as part of the plan to revamp the steelmaker’s capital.

      In March, Renova’s Viktor Vekselberg raked in a staggering $7 billion for its stake in TNK-BP, promising to channel much of that free cash into the Russian economy.

      In Switzerland, Renova also controls Oerlikon AG, a market leader in semiconductors, and owns a 30 percent stake in Sulzer, a major global manufacturer of high tech equipment.


Author: Mikhail Vesely

Tags: Renova Viktor Vekselberg TNK-BP Rosneft  

Next Previous

You might also find interesting:

The Russian Government Restricts Traffic through 16 Checkpoints on the Border with China
Russian Airlines Continue Flying through Iranian Airspace
Russia Closes Access through Checkpoints on the Border with Mongolia for Chinese Citizens
Russia Lost Three Lines in the Ranking of World Passports

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Saint Petersburg  Astrophysics  Russian customs  Russian ballet dancers  travel to Russia  A3  Festival of Festivals  Russian Museum of Ethnography  Russian parliament  Moscow  Alisher Usmanov  Russian regions  Moscow House of Music  South Park  Engraving  Zhou Shaohua  Russian beaches  La Pushkin Theatre  Russian tourism  Thin Ice  Fabio Capello  Russian Cinema  Paralympic Winter Games  Chanel Numeros Prives Moscow  Multimedia  Zaryadye  Forest Fire  Mercedes-Benz Fashion Week Russia  Russian models  Video Mapping  Russian maps  Konstantin Tsiolkovsky  St. Petersburg  active holidays in Russia  Exhibitions in Moscow  Aeroexpress  sanctions  Cars  Paleontology  Russian sportswomen  Yuri Bashmet  contemporary art  Russian business  recession  Russian Poetry  The International Museum Day  Leningrad Region  Festivals in Moscow  Ski resorts  Greenpeace 

Travel Blogs
Top Traveling Sites