Sinara Group is a Russian investment company founded in 2001 with holdings in the

property development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. ...

, rail transportation and financial services sectors.

History

The company was founded in 2001, and in 2004 acquired industrial and agricultural companies. In 2006 the group merged with ''Металлпром''. The company division ''ОАО Синара – Транспортные Машины'' (Open joint stock company 'Sinara - transport machines') was formed in 2007, and the division ''Синара – Девелопмент'' (Sinara - development) was formed in 2009. In 2009 Sinara Group and

Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''E ...

created a joint venture for the production of twin unit electric locomotive to be based at Sinara's Ural Locomotive works near Ekaterinburg. In December 2021, the JV announced production of concept of "Lastochka" electric train with 200 mm low float in 2025.

Group divisions and subsidiaries

Transport engineering and production

The group division ''ОАО "Синара – Транспортные машины"'' (Open joint stock company 'Sinara - transport machines') (STM) is based in Ekaterinburg and comprises ''ОАО "Уральский завод железнодорожного"'' (JSC Ural locomotive factory) in

Verkhnyaya Pyshma Verkhnyaya Pyshma (russian: Ве́рхняя Пышма́) is a town in Sverdlovsk Oblast, Russia, located north of Yekaterinburg. Population: History It was founded in 1660 as the village ('' selo'') of Pyshminskoye, which was named aft ...

, the ''ОАО "Людиновский тепловозостроительный завод"'' (Lyudinovsky locomotive factory) in

Lyudinovo Lyudinovo (russian: Люди́ново) is a town and the administrative center of Lyudinovsky District in Kaluga Oblast, Russia, located on the shores of Lake Lompad formed by a dam on the Nepolot River, southwest of Kaluga, the administ ...

, the ''ООО "Уральский дизель-моторный завод"'' (Ural diesel engine factory Ltd.) and the ''ООО "Центр инновационного развития СТМ"'' (STM research centre) in Ekaterinburg.

Property development

The group division ''"Синара – Девелопмент"'' (Sinara - development) includes ''ООО "фирма КОМ-БИЛДИНГ"'' (COM-Building company) based in

Volgograd Volgograd ( rus, Волгогра́д, a=ru-Volgograd.ogg, p=vəɫɡɐˈɡrat), formerly Tsaritsyn (russian: Цари́цын, Tsarítsyn, label=none; ) (1589–1925), and Stalingrad (russian: Сталингра́д, Stalingrád, label=none; ) ...

, ''КОТ Новокольцовский'' (Novokoltsovsky development); a 600ha residential, commercial and industrial development near Ekaterinburg, the ''ОАО "Архыз-Синара"'' in

Karachay–Cherkessia The Karachay-Cherkess Republic (russian: Карача́ево-Черке́сская Респу́блика, ''Karachayevo-Cherkesskaya Respublika''; krc, Къарачай-Черкес Республика, ''Qaraçay-Çerkes Respublika''; Cir ...

, the ''ОАО "Центральный стадион"'' (Central Stadium company) in Ekaterinburg; a sports arena development, and ''ЗАО "Интурист-Синара"'' (Intourist-Sinara); a joint venture with

Intourist Intourist (russian: Интурист, a contraction of , "foreign tourist") was a Russian tour operator, headquartered in Moscow. It was founded on April 12, 1929, and served as the primary travel agency for foreign tourists in the Soviet Uni ...

headquartered in

Moscow Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million ...

Financial services

The financial services division includes the ''ООО "СИНАРА-ИНВЕСТ"'' (Sinara invest) and ''ОАО "СКБ-банк"'' (SKB-Bank), both in Ekaterinburg. 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.

Other business areas

The group has holdings in the agricultural business area via ''ОАО "Каменское"'', hotels and tourism via ''ОАО "Пансионат отдыха Бургас"'' based in

Sochi Sochi ( rus, Со́чи, p=ˈsotɕɪ, a=Ru-Сочи.ogg) is the largest resort city in Russia. The city is situated on the Sochi River, along the Black Sea in Southern Russia, with a population of 466,078 residents, up to 600,000 residents i ...

, and energy business via ''ЗАО "Синэрго"'' in Ekaterinburg. In December 2021,

Gazprombank Gazprombank (russian: Газпромбанк), or GPB (JSC), is a private-owned Russian bank, the third largest bank in the country by assets. Since November 2014, Yuri Shamalov's Gazfond is its largest shareholder. The bank’s principal busine ...

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. The deal was closed in February 2022.

References

External links

*{{cite web, url= http://www.sinara-group.com/info/100014?pg=1, script-title=ru:группа СИНАРА : Раскрытие информации - ЗАО Группа Синара, language=Russian, publisher=Sinara Group Company annual reports Investment companies of Russia Companies based in Yekaterinburg Russian brands