Avdolyan Albert

Chair of the Board of Directors
  • Primary shareholder of the Elga Coal Project
  • He was born in 1970 in the Krasnoarmeisky district of the Krasnodar Krai
  • In 2009, he founded Expatel, a leader of Mobile WiMAX (4G) Internet technology in Russia
  • In April 2016, Avdolyan's Telconet Fund sold a 30% stake in Yota Devices
  • In May 2016, he established the Novy Dom Charitable Foundation for Aid to Disabled Children, Orphans and the Seriously Ill
  • In 2018, invested in the restoration of production facilities at OJSC Hydrometallurgical Plant
  • In 2019, his A-Property structure became the owner of the Yakutsk Fuel and Energy Company (YATEK)
  • At the beginning of 2020, he completed an acquisition of 51% of the shares of Elgaugol Ltd, and Mechel-Trans-Vostok LLC from Mechel PAO; he also received an option to buy out the remaining 49% from Gazprombank, which is planned to be exercised by the end of 2020
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