 | |
| Company type | Holding company |
|---|---|
| Industry | Diversified investments |
| Founded | 2001 |
| Founder | Roman Abramovich |
| Headquarters | London |
Key people | Roman Abramovich (founder and chairman) |
| Total assets | More than $1 billion |
| Owner | Roman Abramovich |
Millhouse Capital is a British registered company. It was created in 2001 to manage assets owned by the Russian businessman Roman Abramovich and his partners.
The chairman of the company is Russian-American businessman Eugene Shvidler. Its assets under management included major stakes in oil company Sibneft (now Gazprom Neft), Russian Aluminium, Aeroflot, and RusPromAvto, as well as investments in electricity, pulp and paper processing, insurance and banking.[ citation needed ]
The company controls the Prodo agricultural group, which it took over in 2003. [1]
Millhouse Capital's shareholders sold their 26 per cent holding in OAO Aeroflot in 2003 [2] and a 50 per cent stake in OAO Russian Aluminium (UC RUSAL), now the world's largest aluminium producer, in two deals spanning 2003 and 2004. [3] [4] The sale prices were not disclosed.
In October 2005, Millhouse Capital sold a 72% stake in Sibneft to Gazprom for more than US$13 billion. [5]
In Russia, the company owns real estate assets worth over 900 million euros, including the Four Winds Plaza, an office and residential building in Moscow, and the Hotel Kristall in the Black Sea resort of Guelendjik. [6]
Millhouse Capital was initially based at Abbey House in Weybridge, a large two storey office building on the edge of the St. George's Hill estate, before moving to Stamford Bridge [7] following Abramovich's acquisition of Chelsea Football Club in 2003. It had a larger representative office in Moscow.
In a reorganization following the sale of Sibneft, the Moscow office of Millhouse Capital was closed and a new company, Moscow-based Millhouse LLC, was formed in April 2006 to manage the assets of Abramovich and his partners. The London office of Millhouse Capital was closed in August 2008 and its functions rolled into a new firm, MHC (Services) Ltd. [7] [8]
PJSC Gazprom is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost. In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest company in Russia by market capitalization. In 2022, the company's revenue amounted to 8 trillion rubles.
OJSC "Yukos Oil Company" was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the largest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 Fortune 500, Yukos was ranked as the 359th largest company in the world. In October 2003, Khodorkovsky—by then the richest person in Russia and 16th richest person in the world—was arrested, and the company was forcibly broken up for alleged unpaid taxes shortly after and declared bankrupt in August 2006. Courts in several countries later ruled that the real intent was to destroy Yukos and obtain its assets for the government, and act politically against Khodorkovsky. In 2014, the largest arbitration award in history, $50 billion (€37.2 billion), was won by Yukos' former owners against Russia. This $50 billion award by the Permanent Court of Arbitration was ruled invalid by the District court in The Hague in 2016, but reinstated by the Court of Appeal of the Hague in 2020.
Roman Arkadyevich Abramovich is a Russian businessman and politician. He is the former owner of Chelsea, a Premier League football club in London, England, and is the primary owner of the private investment company Millhouse. He has Russian, Israeli and Portuguese citizenship.
Boris Abramovich Berezovsky, also known as Platon Elenin, was a Russian business oligarch, government official, engineer and mathematician and a member of the Russian Academy of Sciences. He had the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation.
Vladimir Olegovich Potanin is a Russian businessman. He acquired his wealth notably through the controversial loans-for-shares program in Russia in the early to mid-1990s.
Oleg Vladimirovich Deripaska is a Russian oligarch and billionaire. Deripaska enriched himself on previously state-owned assets that were privatized in the aftermath of the collapse of the Soviet Union. He is the founder of Basic Element, one of Russia's largest industrial groups, and Volnoe Delo, Russia's largest charitable foundation. He was the president of En+ Group, a Russian energy company, and headed United Company Rusal, the second-largest aluminum company in the world, until he quit both roles in 2018.
Gazprom Neft is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011.
Arkady Shalvovich "Badri" Patarkatsishvili was a Georgian businessman who also became extensively involved in politics. He contested the 2008 Georgian presidential election and came third with 7.1% of the votes. From the early 1980s until the time of his death, he was a flamboyant figure in business and was behind some of the most successful companies in today's Russia. From humble origins, he became the wealthiest citizen in Georgia with an estimated wealth of $12 billion. He was also one of the country's largest philanthropists.
AiRUnion was a Russian airline alliance. It was the first airline alliance ever established in Russia. Member airlines and their affiliates enjoyed a high degree of co-operation in scheduling, ticketing, code sharing, flight transfer operations, frequent flyer program benefits, shared airport lounges, reducing costs, and sharing best practices. The airline and member carriers have since gone bankrupt in 2008. With government sponsorship, the alliance was planned to be resurrected as Rossiya as of 2008. However, this never took place.
Suleyman Abusaidovich Kerimov is a Russia-based billionaire, oligarch, and politician of Lezgian origin. Kerimov has close ties to Vladimir Putin's government in Russia, as well as Ramzan Kadyrov, the Chechen leader.
Evgeny Markovich Shvidler Russian: Евгений Маркович Швидлер, also transliterated as Eugene Shvidler, born 23 March 1964), is a Soviet-born billionaire businessman, and winemaker.
Novatek is Russia's second-largest natural gas producer, and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO FIK Novafininvest. Novatek is based in the Yamalo-Nenets Autonomous Region in West Siberia, and maintains a head office in Moscow. In the 2020 Forbes Global 2000, Novatek was ranked as the 316th-largest public company in the world.
United Company RUSAL, international public joint-stock company is the world's second largest aluminium company by primary production output. It was the largest until overtaken by China Hongqiao Group in 2015. UC RUSAL accounts for almost 9% of the world's primary aluminium output and 9% of the world's alumina production.
Gazprombank, or GPB (JSC), is a private-owned Russian bank, the third largest bank in the country by assets. Since November 2014, Yuri Shamalov's Gazfond is its largest shareholder. Gazprombank is one of the main channels for payments for Russian oil and gas.
Shalva Chigirinsky is an Israeli-Russian businessman, who was the major shareholder of AIM-listed British oil company Sibir Energy Plc. As a principal owner of Russian Land Ltd, he was involved in the implementation of major development projects: the reconstruction of Hotel Rossiya, the construction of the Russia Tower in Moscow, the construction of the cultural and business center Crystal Island, and the reconstruction of New Holland Island in Saint Petersburg. In 2008, Forbes ranked him as the 524th richest person in the world and 58th on its list of Russian billionaires.
Alexander Borisovich Zhukov is a Russian-born British businessman. He is the founder and major owner of the international investment group Interfinance, investing in port and transport infrastructure, food industry and real estate, as well as engaged in portfolio investments. The assets of Interfinance group currently include transshipment port terminals in Russia and Ukraine, Iceberry group of companies - the Russian ice-cream producer and distributor, development projects in Russia and Ukraine, road construction business and insurance business in Ukraine.
Sergei Viktorovich Popov is a Russian businessman and billionaire.
Arkadiy Romanovich Abramovich is a Russian billionaire businessman heir who is the owner of ARA Capital, a private investment company.
Marina Vladimirovna Granovskaia is a Russian-Canadian business executive who served as a director at Chelsea from 2014 to 2022. She was also chief assistant to Roman Abramovich for more than ten years.
Irina Aleksandrovna Panchenko is a Russian politician and former Member of the State Duma from Chukotka Autonomous Okrug (2003–2007). She is also regarded as one of Roman Abramovich's close associates.
 | This article about a company of the UK is a stub. You can help Wikipedia by expanding it. |