Basic Element (company)

Basic Element Ltd. (Russian: Ба́зовый элеме́нт, tr. Bazovy element, IPA: [ˈbazəvɨj ɨlʲɪˈmʲent], or simply Базэл) is one of the largest diversified industrial groups in Russia. The company was founded in 1997 and is owned by Oleg Deripaska. It is based in the British tax haven of Jersey and is headquartered in Moscow. It was known as Siberian Aluminum until 2001.

Basic Element Group of Companies
Company typeDiversified industrial group
Private company limited by shares
IndustryEnergy, Manufacturing, Financial Services, Construction and Aviation.
Founded1997 (1997)
FounderOleg Deripaska
HeadquartersMoscow, Russia
(Head office)
Jersey
(Registered office)
Key people
Valery Pechenkin
(General Director)
Gulzan Moldazhanova
RevenueUS$27 billion (2012)
OwnerOleg Deripaska
Number of employees
Approximately 150,000 (2014)
Websitewww.basel.ru
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