Swiss expansion of Victor Vekselberg’s Renova GroupPrepared by Zorina Tatiana

2013

Renova Group strategic industries

Oil and Gas

Metallurgy

Energetics

Development

Telecommunications

Nanotechnologies

Investments in Innovative Technologies and Companies in and outside Russia

Some facts about Victor Vekselberg Born April 14, 1957

PhD of Mathematical Sciences

October, 1990: Creation with Leonid Blavatnik

of joint venture company Renova

Since 2010: Chairman of Renova Group’s Board of Directors

Since June, 2010: President of Skolkovo Fundation

2011: The richest Russian citizen in Switzerland

by Bilan magazine

2012: The richest Russian citizen after sale of stocks

of oil company TNK-BP

«I hope that the word "oligarch" will not be used in front of my name, but instead I will call the "innovator" or "coordinator of Skolkovo project". The word "oligarch" in a very reduced form describes who I am»

Viktor Vekselberg, [Die Presse, 2011]

Renova Group comes to Switzerland

Swiss believes that "Putin commanded be engaged in new technology production to steal secrets for the Russian defense industry“ gazeta.ru

OC Oerlicon (42%)2006

• Buying of company’s shares

2008

• European Commission Case №COMP/M.5161 RENOVA INDUSTRIES/OC OERLIKON

• Council Regulation (EC) No. 139/2004 on the control of concentrations between undertakings (EC Merger Procedure), Article 3(1)(b)

• Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement

2009

• Swiss Federal Department of Finance accuses Renova Group for infraction regulations of the company's financial statements

• Penalty charge of $38 million for infraction regulations of exchange business

2010

• Swiss court acquits Vekselberg and canceled the penalty charge

2013

• Growth of capitalization on 114%

Oerlikon, known as Unaxis until its 2005 takeover and Oerlikon-Bührle before that, is a stalwart of the Swiss manufacturing sector.

The company is active in solar technology, thin film coating, vacuum systems, textile machines, drive systems and precision components.

Its high-tech applications can be found in cars, satellites, machines, textile products, solar panels, MP3 players and beamers.

Some 70% of the global production of CDs and CD-ROMs is manufactured on the company's equipment.

It has more than 19,000 employees at 170 sites in 35 countries

2007. Sulzer (31,2%)

2007

• Buying of company’s shares

2009

• European Commission Case №COMP/M.5469 RENOVA INDUSTRIES/SULZER

• Council Regulation (EC) No. 139/2004 Merger Procedure, Article 3(1)(b)

• Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement

• Swiss Federal Department of Finance has started administrative proceedings under criminal law against the owner of the Renova Group Viktor Vekselberg and two Austrian businessmen Ronnie Pechika and Georg Stumpf

2010

• Renova Group paid 10 million Swiss francs ($10.4 million) to end an investigation by Swiss authorities (number of charitable organizations and for the purposes of the Swiss Financial Market operations)

2013

• Growth of capitalization on 59%

Sulzer is active in machinery and equipment manufacturing as well as surface engineering.

It has a total workforce of about 10,400 in 120 locations around the world, including 1,200 in Switzerland.

Its core divisions are leading suppliers of the oil, gas, power generation as well as car and aerospace industries.

The company was founded in 1834 and its headquarters are in Winterthur, outside Zurich.

2013. Schmolz+Bickenbach bid (20,46%)

Renova Group via subsidiary «Venetos Holdings AG» purchased from majority shareholder «Schmolz+Bickenbach GmbH & Co», representing the interests of several heirs, 20.46% of the steel manufacturer shares for 58 million Swiss francs

In June 2013 administrative council «S+B KG» opposed heirs and Vekselberg. At a meeting in Emmenbrücke attracted a record number of shareholders: 540

Autumn 2013: Renova makes offers to other shareholders. Price on company’s shares is growing

To be continued

Today, the SCHMOLZ + BICKENBACH Group is one of the world's leading manufacturer, processor and distributor of special steel long products.

With alloy and high-alloy special and engineering steels company ranks among the top ten. The company employs around 10,000 people worldwide

Thank you for your attention!tatyanamidori@gmail.com