En+ is a Russia-based diversified mining, metals and energy group. En+ Group holds a 47.41% stake in the world's largest alumina and aluminium producer UC RUSAL, owns EuroSibEnergo PLC (one of the world's largest hydro generation companies and largest Russian independent power producer), SMR (one of the world's largest ferromolybdenum producers). En+ Group has a project pipeline including projects in coal and uranium mining, nuclear, aluminium downstream etc. The core base of En+'s businesses is located in Eastern Siberia - close to fast growing Asian markets.
• En+ Group was founded in 2002
• En+ Group's consolidated revenues for 2010 were US$ 13.7 bn
• En+ Group's businesses employ over 100,000 people
We believe that innovation lies at the heart of successful business development. We therefore strive for increased returns through innovation in all the group's activities, whether that be in assessing acquisitions, developing projects or the ongoing management of our existing businesses. We are actively introducing improved operating processes in all areas including coal mining, nuclear energy and non-ferrous metals production in Russia and abroad.
Responsible environmental management is also one of our strategic priorities. En+ Group's significant hydropower production capacity underlines our environmental credentials. In addition we are actively investing in other low-carbon and renewable sources of energy.
En+ Group is controlled by entities of Oleg Deripaska. VTB Capital owns a 4.35% stake in En+ Group.