Diversification may be a logical step for many successful companies, but for Russia-based mining, metals and energy company, En Group, synergy is the essential ingredient for its success. “We want to become a group that will have business synergies between all the companies in our portfolio,” said Alexander Popov, the company's chief financial officer.
En has an impressive portfolio of interests. It holds a 47.41% the largest stake in UC Rusal, the largest aluminium producer globally, which was listed on the Hong Kong Stock Exchange in January last year. It also owns 100% of EuroSibEnergo, the largest Russian independent power producer and one of the world’s largest...