Private company

Basic Element

Basic Element Ltd. (Russian: Ба́зовый элеме́нт, romanized: Bazovy element, IPA: [ˈbazəvɨj ɨlʲɪˈmʲent], or simply Базэл) is one of the largest diversified industrial groups in Russia.1

Last updated Oct 18, 2026.

Overview

1997Founded1
  • Industryaluminium industry1
  • HeadquartersMoscow1
  • Websitewww.basel.ru/en
  • Legal formpublic company1

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Basic Element Ltd. (Russian: Ба́зовый элеме́нт, romanized: Bazovy element, IPA: [ˈbazəvɨj ɨlʲɪˈmʲent], or simply Базэл) is one of the largest diversified industrial groups in Russia. The company was founded in 1997 and is owned by Oleg Deripaska. It is based in the British tax haven of Jersey and is headquartered in Moscow. It was known as Siberian Aluminum until 2001.2

The story

Founded by Oleg Deripaska in 1997.1

Leadership

Who has led Basic Element, and when. Pick a name to see everywhere that person has worked.

Products and brands

Energy and mining sector

En+ Group is Russia-based diversified mining, metals, and energy group. En+ Group holds:

a 47.41% stake in alumina and aluminium producer UC RUSAL

a 100% stake in EuroSibEnergo PLC power company

a 100% in Strikeforce Mining and Resources Ltd (SMR) (ferromolybdenum producer)

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a 100% in En+ Downstream (includes aluminium downstream assets)

a 100% in En+ Coal

Central European Aluminium Company (CEAC), which has run the Kombinat Aluminijuma Podgorica (KAP) aluminium smelter in Montenegro, and the Rudnic Boxita Niksic bauxite mine, which supplies raw materials for the smelter, since 2005.

Dmitrov Pilot Plant for Aluminium Canning Tape (DOZAKL) strip with a polished surface for the manufacture of lamplight reflectors and lath ceilings.

Machine building sector

JSC Russian Machines was established in 2005 to unite Basic Element's machine building assets.

Airport management

Basel Aero, a joint venture between the Singaporean Changi Airports International, Basic Element, Sochi International Airport and the Russian Sberbank, is a company-operator of airports in Sochi, Krasnodar, and Anapa. As of 2015 the company handles 9.5% of total passenger traffic and 3.5% of the total cargo traffic in Russia.

Basel Aero Airports

Sochi Airport

Krasnodar Airport

Anapa Airport

Financial services sector

Basic Element has been managing Oleg Deripaska's personal stake in the amount of 10% of Ingosstrakh's ordinary shares.

Construction sector

JSC Glavstroy is a vertically integrated construction holding corporation. Management functions are carried out by Glavstroy-Management.

Agribusiness

Kuban AgroHolding

AquaDin (LLC), manufacturer of non-alcoholic beverages

Voskhod Stud Farm

Port business

Imeretinsky Port, Sochi

Real estate

BasEl Real Estate

From Wikipedia’s article on Basic Element (company), shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2012$27.0B1

Timeline

  1. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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