Prominvest
Since 2001
Russia
Central Federal District of the Russian Federation
Moscow
Owners:
Rosoboronexport - 75%
Vnesheconombank - 25%
Russian Technologies
Content |
Aktivs
The company owns:
- about 66% of the shares of VSMPO-AVISMA, the world's leading titanium producer
- 25% of the shares of the Perm company - arms manufacturer Motovilikhinsky Zavody
- 25.1% of Boronimpexagro shares
- 100% of Oboronstroy shares
- 75% of Oboroninvest shares
- 100% of NPO Oboronreformproekt shares
Performance indicators
2006: turnover of 152.3 million rubles, net profit of 24.18 million rubles.
History
It was founded in 2001 under the name "Defense Apps" to carry out operations related to settlements in clearing currencies for supplied defense products.
In 2008, it received the name "Prominvest"[1]
2022: Purchase of Russian business Arconic for $230 million
On November 16, 2022, it became known about the sale of Russian business to Arconic, which is engaged in the production of aluminum products. The buyer of the assets was Industrial Investments LLC (majority shareholder of VSMPO-Avisma). The transaction value amounted to $230 million. Read more here.
Notes
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