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IST, Group of Companies

Company

IST Group of Companies is one of the largest private investment and industrial holdings in Russia. Manages assets in finance, precious metals mining, transport engineering, industrial engineering, commercial and industrial development.

Content

About the Company

IST is one of the largest private investment and industrial holdings in Russia that make direct investments in the real sector of the economy. The group specializes in industrial development - the comprehensive implementation of investment projects from the development of a business idea to the construction and operation of technologically complex industrial industries. Subsequent capitalization of projects is carried out through entering the public capital markets or attracting a strategic investor.

History

The company was founded in 1991 in St. Petersburg by a group of entrepreneurs led by Alexander Nesis. In 1993, it received its current name - the Group of Companies "IST" ("Investments. Construction. Technology "), which fully reflects the specifics of its activities.

Largely thanks to the engineering and technical background of its founders, investment projects in the field of industrial development have become the hallmark of EAST - from the development of a business idea to the construction and operation of technologically complex industrial industries.

In total, during its existence, IST has built more than a dozen large industrial facilities, including mines, enrichment plants, metallurgical and machine-building plants.[1]

2024: Sale of 23.9% stake in Polymetal to Oman-based state fund

The state fund from Oman bought 23.9% of Polymetal. The press service of the largest Russia silver producer announced this on January 29, 2024.

Polymetal sold its stake, and IST group Alexander Nesis the buyer of the asset was owned by Maaden International Investment a consortium of investors led by Mercury Investments International, owned by the Oman government. More. here

2022: Acquisition of Home Credit assets in Russia

In April 2022, it became known that the owner Home credit of "" - the Czech an investment company - PPF Group began to transfer assets Russia in the group. IST Alexander Nesis We are talking about land plots with an area of ​ ​ more than 200 hectares To Moscow in and regions. More. here

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