“I started my business at an unusual time. The country in which I was born and grew up in had disappeared and a new one had not appeared by that time. The first one gave me an excellent education; the second one gave me the chance of success.”

At first hand

Dear colleagues and friends,

It gives me great pleasure to welcome you to my official website where you will be able to learn more about everything that is important to me; from projects and initiatives that I am involved in to the activities of the Basic Element Group companies and the programmes of my charity foundation Volnoe Delo.

I encourage you to express your support, leave comments and make suggestions.

One of my key aims and consequently the work of my team is to tap into Russia's vast potential in order to help develop it as a nation and to improve the quality of life for all the people living here.

Russia is currently facing a number of important economic and social issues. Unless we can overcome them effectively, our economy will no longer be competitive on the global stage. I believe we need to improve the country's investment climate through developing regional infrastructure, specifically in Eastern Siberia and the Far East, two areas of the country whose importance and potential cannot be overestimated in terms of natural resources and proximity to the booming Asian markets. We must stimulate residential housing construction, develop the agricultural, industrial and high tech sectors and in turn develop the domestic consumer market, improving the standard of living for all. In addition, I think that the credit and monetary policy of the Central Bank must be adjusted in order to make loans more accessible.

We cannot rely on other people to do these things for us and it requires not just political will from the top but a true willingness to change things for the better from the grass roots.

I believe this site will have served its purpose, if when visiting it and reading what I have written, you feel inspired to get involved in accomplishing these tasks with me by becoming a member of my team through applying for a job at one of the Basic Element companies and/or participating in one of Volnoe Delo projects or public initiatives.

I firmly believe that it takes just 100 people to drastically change a country for the better provided that these 100 people are driven professionals capable of creating something new. I am confident that in Russia there are far more than 100 such people, so let us join forces and work together.

Best regards,
Oleg Deripaska