Viktor Vekselberg’s Renova reduced its stake in Tsifra Group

by time news

The Renova group of Viktor Vekselberg, who is under US sanctions, has reduced its ownership stake in the Russian developer of software for the digitalization of industry, Tsifra Group, from 45.2% to 32.5%, follows from SPARK-Interfax data. The buyer of 12.7% of Tsifra was LLC April, close to the structures of Vekselberg (an entry in the Unified State Register of Legal Entities on the transfer of the share was made on July 5).

“April”, according to the specified OKVED, is engaged in “advising on commercial activities and management.” SPARK-Interfax indicates that 100% of Aprel LLC is owned by Igor Matsuk, who also acts as the general director of Vesta LLC. This company is 99% owned by Ream Management LLC, the general director and owner of which is the former deputy chairman of the board of Renova, Mikhail Sivoldaev (left the group in 2014). In 2019, after Vekselberg fell under US sanctions, Rosnano and Renova sold control in Hevel to Ream Management. Hevel is Russia’s largest investor in solar energy. Now, according to SPARK, Ream has 54% of Hevel.

You may also like

Leave a Comment