PHAETON Holding Company is a large corporation in the Russian North-West.  The Company started from selling oil products more than 15 years ago.  Over this time  PHAETON Holding Company  turned from a small company into a powerful holding company.

Today the activities of the holding company are highly diversified. In addition to the fuel dimension the holding company  is involved in agribusiness, real estate management and development, investments, medical goods and equipment manufacturing, and recovery and processing of peat.  Diversification allows us to minimize sectoral risks and develop our business steadily.

The Company’s strategy is based on long-term investments into the real sector of the economy.  This is one of the key factors to our success, which allowed  PHAETON Holding Company to become one of the largest and most significant businesses in the region.  The Company works on promising investment project in every sphere of its activities, and the total amount of planned capital investments amounts to hundreds of millions of dollars.

Today one of the most important objectives of  PHAETON Holding Company lies in attracting external investments.  To achieve this objective, the company focuses on openness of information and public credit history.  In April 2006 PHAETON Holding Company successfully placed the first bond issue worth RUR 1 bln, which was another step in the direction of making the business more transparent and attractive for investors.

PHAETON Holding Company believes that business is not a thing in itself; that it should work for the people and with the people.  By meeting the needs of the people and assuring staff professionalism, the Company achieved dynamic development and demonstrated stable successful results.

PHAETON Holding Company is a socially responsible company.  Taking care of our staff, developing internal corporate social programs, keeping fit, organizing own theater productions, sponsoring children’s establishments – this is what we do to support the dialog with the society, participate in the life of the city and make contributions to reviving this country.

The head office of  PHAETON Holding Company is located in St. Petersburg.  Representatives of affiliate companies of the holding work in Moscow, Krasnodar and large cities in the central part of Russia.

Chairman of the Board of Directors Sergey Ivanovich SNOPOK

Shevchenko Str., 39, Saint-Petersburg, 199406

Tel/fax +7 (812)380-18-80

e-mail: holding@phaetonhc.com