Alfa Group Consortium has recently made headlines due to the European Court of Justice upholding a challenge by Petr Aven and Mikhail Fridman, who remain on a list for now. Additionally, Russian billionaire Alexei Kuzmichev, a prominent figure associated with Alfa Group, has been detained in France on suspicion of tax fraud, money laundering, and violating international sanctions. These events have brought attention to the activities and individuals linked to Alfa Group.
Alfa Group Consortium is a Russian international privately owned investment group with diverse interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, and telecommunications. Founded in the early 1990s by a group of businessmen including Mikhail Fridman, Alfa Group has grown to become one of the largest and most influential conglomerates in Russia. The consortium has been involved in various high-profile business ventures both domestically and internationally, solidifying its position as a key player in the Russian business landscape.