Renova Group of companies is Russia's leading private business group that consists of asset management companies and direct and portfolio investment funds owning and managing assets in metals mining, oil, machine building, mining, construction development, energy, telecommunications, nanotechnologies, utilities and financial sector in Russia and abroad. Renova Group is a stakeholder and strategic investor in the leading Russian and international companies, including such world class companies as TNK-BP, UC Rusal, Integrated Energy Systems, Oerlikon and Sulzer. Renova Group integrated direct investment funds and management companies operating in the energy sector (IES, Avelar Energy), real estate development (Renova StroyGroup), portfolio investments (Svarog Capital Advisers, Columbus Nova), telecommunications (Akado Group), chemical industry (Renova Orgsintez) and precious metals (Zoloto Kamchatki). Renova Group invests in Russia, Switzerland, Italy, South Africa, Ukraine, Latvia, Kirghizia, Mongolia and other countries. The strategy of Renova Group is targeted at the acquisition of assets in industries with a significant growth and consolidation potential.