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Basic Element

Oleg Deripaska's Basic Element Raises Stake in Strabag to Over 25 Percent

Russian oligarch Oleg Deripaska's option to increase his stake in Austrian construction group Strabag SE to 25 percent plus one share (a blocking minority stake) has been exercised.

July 16, 2014

Strabag Intensifies Russian Business

Deripaska´s Rasperia repurchases 17 percent of STRABAG. In addition, Strabag acquires a 26 % stake in Russian construction company and signs a € 350 million contract.

November 8, 2010

Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights

Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.

September 29, 2010

Magna - Siegfried Wolf to leave in November

Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.

September 13, 2010
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