Website eng.enplus.ru Revenue 11.9 billion USD (2014) Net income 2.2 billion USD (2014) Type Privately held company | Owner Oleg Deripaska Founded 2002 Headquarters Moscow, Saint Helier | |
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Number of employees Approximately 100,000 (2014) Subsidiaries LLC “Avtozavodskaya CHP”, Razrez Ugol LLC | ||
En+ Group is a Russian energy-related company controlled by Oleg Deripaska. En+ Group owns a controlling interest in United Company RUSAL, owns the largest independent Russian power producer EuroSibEnergo, and is a supplier of ferromolybdenum as well as significant coal assets and logistics business. It reported revenues of $15.3 billion in 2011.
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History
The formation of En+ Group was announced on 21 February 2006. It is registered in Jersey. In 2011 VTB Capital paid $500 million for a 4.35% stake in the company, valuing the company at around $11.5 billion. An IPO is planned on the Hong Kong Stock Exchange in 2013–2014.
Operations
En+ Group is Russia-based diversified mining, metals and energy group. En+ Group holds:
The En+ Group coal division mined 16.8 million tons in 2011, with 90% used to generate power at its own power plants. The main asset is Vostsibugol in Irkutsk Oblast, along with other sites in eastern Siberia.