 | |
| Company type | CJSC (Closedjoint stock company) |
|---|---|
| Founded | 2001 |
| Headquarters | , |
Key people | Mikhail KhodorovskyCEO[1] Dmitry Alexandrovich PumpyanskyChairman of the Board[1] |
| Website | www.sinara-group.com |
Sinara Group is a Russian investment company founded in 2001 with holdings in theproperty development, rail transportation and financial services sectors.[2] In 2021, Sinara Group had a turnover of USD 1.8 billion.[3]
The company was founded in 2001, and in 2004 acquired industrial and agricultural companies. In 2006 the group merged withMetallprom. The company divisionSinara Transport Machines was formed in 2007, and the divisionSinara Development was formed in 2009.[4]
In 2009 Sinara Group andSiemens created a joint venture for the production of twin unit electric locomotive to be based at Sinara'sUral Locomotives near Yekaterinburg.[5] In December 2021, the JV announced production of concept ofLastochka electric train with 200 mm low float in 2025.[6]
The group divisionОАО "Синара – Транспортные машины" (Open joint stock company 'Sinara - transport machines') (STM) is based in Yekaterinburg and comprisesОАО "Уральский завод железнодорожного" (JSC Ural locomotive factory) inVerkhnyaya Pyshma, theОАО "Людиновский тепловозостроительный завод" (Lyudinovsky locomotive factory) inLyudinovo, theООО "Уральский дизель-моторный завод" (Ural diesel engine factory Ltd.) and theООО "Центр инновационного развития СТМ" (STM research centre) in Yekaterinburg.[7]
The group division"Синара – Девелопмент" (Sinara - development) includesООО "фирма КОМ-БИЛДИНГ" (COM-Building company) based inVolgograd,КОТ Новокольцовский (Novokoltsovsky development); a 600ha residential, commercial and industrial development near Yekaterinburg, theОАО "Архыз-Синара" inKarachay–Cherkessia, theОАО "Центральный стадион" (Central Stadium company) in Yekaterinburg; a sports arena development, andЗАО "Интурист-Синара" (Intourist-Sinara); a joint venture withIntourist headquartered inMoscow.[7]
The financial services division includes theООО "СИНАРА-ИНВЕСТ" (Sinara invest) andОАО "СКБ-банк" (SKB-Bank), both in Yekaterinburg.[7]
In September 2021, Sinara Financial Corporation (an integral part of Sinara Group) bought Think Wealth Ltd, an investment company registered in Cyprus, already renamed in Sinara Financial Corporation (Europe), which is focused on consulting, broker services, trust management, high-frequency trading and others.[8]
The group has holdings in the agricultural business area viaОАО "Каменское", hotels and tourism viaОАО "Пансионат отдыха Бургас" based inSochi, and energy business viaЗАО "Синэрго" in Yekaterinburg.[7]
In December 2021,Gazprombank confirmed selling of 99,9% of "Kriogaz" LLC, business operator of technical gases, to "Sinara Group" in the first quarter of 2022 within ESG strategy of the buyer.[9] The deal was closed in February 2022.[10]
By the end of 2022, the revenue of the Sinara group increased to 8.36 billion rubles (in 2021 — 2.85 billion rubles). Net profit amounted to 9.65 billion rubles (an increase of 132% compared to last year). Revenues from participation in other organizations increased to 10.9 billion rubles (in 2021 — 1.3 billion rubles). The cost of sales of the group amounted to 3.49 billion rubles (1.65 billion rubles in 2021).[11]