En+ is a leading Russia-based natural resources industrial group. We are involved in metals, mining, energy and logistics.
The En+ Group was established in 2002 as a holding company for several aluminium smelters. Since then, we have completed various acquisitions, asset consolidations and underwent significant organic growth to become a diversified metals, mining and energy leader. Our assets hold top positions in the Russian and global aluminum and other non-ferrous metals industries, alumina and ferromolybdenum production, coal mining and electricity generation. We are actively developing new businesses, such as iron ore mining, copper, gold and rare earth metals production, nuclear energy and logistics projects.
En+ Group holds a 47.41% stake in the world's largest alumina and aluminium producer UC RUSAL, owns EuroSibEnergo PLC (the largest Russian independent power producer), SMR (one of the world's largest ferromolybdenum producers), substantial coal assets and a logistics business.
The core asset base of En+ Group is located in Eastern Siberia – in close proximity to fast growing Asian markets. En+ Group's businesses employ over 100,000 people.
En+ Group is one of the largest private investors into the Eastern Siberian economy – the Group’s investments in Eastern Siberian projects have to date exceeded $5 bn. The Group companies have completed the construction of Khakass Aluminium Smelter (UC RUSAL), Sorsk and Zhireken Ferromolybdenum Plants (SMR); current construction projects include Taishet and Boguchany Aluminium Smelters and Boguchany Hydro Power Plant (UC RUSAL, first generation units were launched in October 2012); a power plant to be located in Ust-Kut which is currently under design (EuroSibEnergo; capacity – up to 1,200 MW). En+ Group’s businesses are the largest tax payers in their respective regions.
The pipeline of En+ Group’s investment projects in Russia’s East includes the development of iron ore, coal and other mineral deposits; construction of power plants and metal operations, electricity transmission lines, railway lines, and seaport facilities. The new products will be mostly aimed at the Asian markets found in close proximity to the regions where the projects are being implemented. The Group’s operational projects - combined with investments in infrastructure development - will make Eastern Siberia and the Russia’s Far East a major driver of growth in the Russian economy.
We have no doubt that sustainable economic growth is only possible through social progress and care of the environment – this is why sustainable development is one of our top priorities and a key component of our day-to-day activities. En+ Group is a strategic partner of leading higher education institutions in Eastern Siberia, including, the Siberian Federal University, the Irkutsk State University and the Irkutsk State Technological University – En+ provides personal grants for more than 100 talented students and post-graduates to take courses at the world’s leading universities. The Company provides funding for the New Generation School and Robotechnology all-Russian programs aimed at nurturing Russia’s engineering talent. The Group also focuses significant sustainable development efforts on nature preservation and support for culture and sports.