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Siberian Business Union

Siberian Business Union (SBU) (Russian: Сибирский деловой союз, or Sibirskiy Delovoy Soyuz (SDS)) is a Russian holding company based in Kemerovo in Siberia. Its companies are active in coal mining, railway transportation, chemicals, machine building and radio stations. SBU is linked with Vladimir Putin's United Russia party.

Siberian Business Union
TypePrivate company
Founded12 August 2004 (12 August 2004)[1]
HeadquartersKemerovo, Russia[1]
Number of employees
38,300 (January 2011)[1]
Websitehcsds.ru/main.php

Details and activities edit

The largest shareholder in SBU is the Russian billionaire Vladimir Gridin and his sons. Gridin is also a politician in the United Russia party.[2] The SBU head office is located at Kemerovo in Siberia.[1]

Its subsidiaries are involved in coal mining, railway transportation, chemicals, machine building and radio stations.[2] SBU is Russia's third-largest producer of coal for power stations[3] SBU was a partner with Kuzbassrazrezugol in plans to build a coal export port in the Barents Sea, but withdrew in 2013.[4][5]

SBU obtained 25% of European Media Group, one of Russia's biggest radio networks, which includes Europa Plus, after Lagardère sold it for $162 million in 2011 after changes to Russian media ownership regulations. SBU intended to increase their ownership to 100%.[2][6]

In June 2011, SBU enlisted its entire workforce in the All-Russia People's Front, an organisation created by Vladimir Putin and associated with the United Russia party.[7]

Subsidiaries[1] edit

  • SBU-Coal
  • SBU-Engineering
  • Novotrans
  • SBU-Construction
  • SBUAgro
  • SBU-Alco
  • SBU-Media
  • SBU-Energy

References edit

  1. ^ a b c d e . Siberian Business Union. Archived from the original on 2013-05-16. Retrieved 2013-04-20.
  2. ^ a b c "Vladimir Gridin & family". Forbes. Retrieved 2013-05-21.
  3. ^ Yuliya Fedorinova & Ilya Khrennikov (2011-12-21). "Sibur to Sell Fertilizer Assets to Siberian Business Union". Bloomberg L.P.
  4. ^ "Russia plans coal port in Barents Sea -Lavna head". Reuters. 2010-10-11.
  5. ^ "Summer updates". Barentsnova. 2013-07-29.
  6. ^ "Lagardère vend ses radios russes à l'oligarque Vladimir Gridin" (in French). La Tribune. Retrieved 2013-05-21.
  7. ^ "Echo of Soviet era in Putin's bid for votes". The Australian. 2011-06-17.

siberian, business, union, russian, Сибирский, деловой, союз, sibirskiy, delovoy, soyuz, russian, holding, company, based, kemerovo, siberia, companies, active, coal, mining, railway, transportation, chemicals, machine, building, radio, stations, linked, with,. Siberian Business Union SBU Russian Sibirskij delovoj soyuz or Sibirskiy Delovoy Soyuz SDS is a Russian holding company based in Kemerovo in Siberia Its companies are active in coal mining railway transportation chemicals machine building and radio stations SBU is linked with Vladimir Putin s United Russia party Siberian Business UnionTypePrivate companyFounded12 August 2004 12 August 2004 1 HeadquartersKemerovo Russia 1 Number of employees38 300 January 2011 1 Websitehcsds wbr ru wbr main wbr phpDetails and activities editThe largest shareholder in SBU is the Russian billionaire Vladimir Gridin and his sons Gridin is also a politician in the United Russia party 2 The SBU head office is located at Kemerovo in Siberia 1 Its subsidiaries are involved in coal mining railway transportation chemicals machine building and radio stations 2 SBU is Russia s third largest producer of coal for power stations 3 SBU was a partner with Kuzbassrazrezugol in plans to build a coal export port in the Barents Sea but withdrew in 2013 4 5 SBU obtained 25 of European Media Group one of Russia s biggest radio networks which includes Europa Plus after Lagardere sold it for 162 million in 2011 after changes to Russian media ownership regulations SBU intended to increase their ownership to 100 2 6 In June 2011 SBU enlisted its entire workforce in the All Russia People s Front an organisation created by Vladimir Putin and associated with the United Russia party 7 Subsidiaries 1 editSBU Coal SBU Engineering Novotrans SBU Construction SBUAgro SBU Alco SBU Media SBU EnergyReferences edit nbsp Siberia portal nbsp Russia portal nbsp Energy portal nbsp Companies portal a b c d e Information Siberian Business Union Archived from the original on 2013 05 16 Retrieved 2013 04 20 a b c Vladimir Gridin amp family Forbes Retrieved 2013 05 21 Yuliya Fedorinova amp Ilya Khrennikov 2011 12 21 Sibur to Sell Fertilizer Assets to Siberian Business Union Bloomberg L P Russia plans coal port in Barents Sea Lavna head Reuters 2010 10 11 Summer updates Barentsnova 2013 07 29 Lagardere vend ses radios russes a l oligarque Vladimir Gridin in French La Tribune Retrieved 2013 05 21 Echo of Soviet era in Putin s bid for votes The Australian 2011 06 17 Retrieved from https en wikipedia org w index php title Siberian Business Union amp oldid 1138650824, wikipedia, wiki, book, books, library,

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