Who Is The Current Owner Of Chelsea Football Club The Aluminium Wars – RUSAL and New Russian Economic Power

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The Aluminium Wars – RUSAL and New Russian Economic Power

Aluminum doesn’t seem like an exciting or interesting metal to many people, but Andrei Kalitin’s new book “Mafia in Black” describes the story that was to be seen in the so-called “aluminum wars” and claimed over 100 lives.

From this turbulent period, RUSAL emerged as a symbol of the new Russian economic power.

Russia has emerged, not only as an economic power in aluminum, but is important to the world economy in terms of a whole range of commodities.

Aluminum wars

The “aluminum wars” saw rivals fight for control of Russian smelters in the 1990s. Today, these days are long gone and the wars are over – but the emergence of RUSAL has seen what the stakes were.

Of course, there were winners and losers in the aluminum wars and this is covered in Andrei Katitin’s new book “Mafia in Black” (he recently claimed to have been shot in the shoulder outside his apartment which he believes is connected to the book) “Mafia in in black” is a fascinating read about a period of huge changes in Russian society and economy in general.

The appearance of a Russian oligarch on the global stage

The story of the “aluminum wars” is of interest to many observers of Russian society, because it covers the period when the country was in a period of transition to a free market economy from the old regulated Soviet economy.

The main question that interests many observers of Russia is – how did the mega-rich Russians earn their money?

This interest was reinforced when one of Russia’s richest men walked into West London and bought Chelsea FC. Roman Abramovich was a Russian oligarch who was generally unknown in the west at the time, but is now a household name.

He bailed out Chelsea Football Club to the tune of $140 million and went on to spend more than $500 million on the club – a huge sum but small change for Russia’s second-richest man.

But how did he get it?

Through various businesses that grew during the turbulent period that followed the collapse of the old Soviet Union. His move into the aluminum industry was seen as the conclusion of the “aluminum wars”.

So why did 100 people die and why is there so much controversy about that period?

The stakes were high and a look at the Russian aluminum industry today shows just how high they were and what was involved in financial terms. Today, the Russian aluminum industry is consolidated into one company – called Russian Aluminum or RUSAL.

The appearance of RUSAL

The company is a real heavyweight in the aluminum industry. In Siberia, it operates 5 huge aluminum smelters and two large refineries — but its influence now goes much further and is now a global player.

RUSAL recently overtook Alcoa and Alcan as the world’s largest aluminum producer following its merger with its closest rival Sual.

The facts behind RUSAL clearly show its importance in the world metal and aluminum industry. RUSAL is the world’s largest producer of aluminum and alumina, with 12% of the world aluminum market, 15% of world production, operates in 19 countries and employs around 100,000 people.

Russian Inc goes global

Oleg Deripaska is the undisputed Russian king of aluminum, and Deripaska is one of the richest and most influential Russian businessmen and one of the Russian oligarchs who reflects Russia’s new economic power.

It has excellent connections with the current regime; she is married to former president Boris Yeltsin and is close to Vladimir Putin.

The “aluminum wars” took place during a period when Russia was struggling to come to terms with the transition from the old Soviet economy to the new free market. Many observers in the West simply saw the Russian economy in a period of decline and corruption, from which it would never recover – but today the perception of Russia is very different.

Russia is taking its place on the world stage

Russia has huge natural reserves of a huge number of commodities and commodity prices are rising rapidly.

Putin has used rising oil and commodity prices as a means to regain Russia’s lost status as a great power.

Russia is now taken more seriously, both politically and economically, than at any time since the collapse of the old Soviet regime.

The importance of feeding the world with goods, fueling global economic growth and RUSAL’s exit from the turbulent period of the “aluminum wars” is a reflection of this.

Today, Russia has regained its national pride and is able to take its place as a major economic power. Companies like RUSAL are a reflection of the great changes that have taken place in the Russian economy in recent years.

From the turbulent period of the “aluminum wars” depicted in “Mafia in Black”, to a major player in world commodity markets, Russia has returned as a major force in the world economy.

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