Sinara Group
Sinara Group is a Russian investment company founded in 2001 with holdings in the property development, rail transportation and financial services sectors. In 2021, Sinara Group had a turnover of USD 1.8 billion.
History
The company was founded in 2001, and in 2004 acquired industrial and agricultural companies. In 2006 the group merged with Metallprom. The company division Sinara Transport Machines was formed in 2007, and the division Sinara Development was formed in 2009.In 2009 Sinara Group and Siemens created a joint venture for the production of twin unit electric locomotive to be based at Sinara's Ural Locomotives near Yekaterinburg. 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" is based in Yekaterinburg and comprises ОАО "Уральский завод железнодорожного" in Verkhnyaya Pyshma, the ОАО "Людиновский тепловозостроительный завод" in Lyudinovo, the ООО "Уральский дизель-моторный завод" and the ООО "Центр инновационного развития СТМ" in Yekaterinburg.Property development
The group division "Синара – Девелопмент" includes ООО "фирма КОМ-БИЛДИНГ" based in Volgograd, КОТ Новокольцовский ; a 600ha residential, commercial and industrial development near Yekaterinburg, the ОАО "Архыз-Синара" in Karachay–Cherkessia, the ОАО "Центральный стадион" in Yekaterinburg; a sports arena development, and ЗАО "Интурист-Синара" ; a joint venture with Intourist headquartered in Moscow.Financial services
The financial services division includes the ООО "СИНАРА-ИНВЕСТ" and ОАО "СКБ-банк", both in Yekaterinburg.In September 2021, Sinara Financial Corporation bought Think Wealth Ltd, an investment company registered in Cyprus, already renamed in Sinara Financial Corporation, 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, and energy business via ЗАО "Синэрго" in Yekaterinburg.In December 2021, Gazprombank 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.