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Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 1 SOURCES

Volga Group (Timchenko Family Office)

Private investment vehicle that manages the assets of Gennady Timchenko; set up in Luxembourg in 2007 as Volga Resources and renamed Volga Group in 2013.

USEFUL FOR Co-investors

Family & background

HEADQUARTERS
Luxembourg
FOUNDED
2007
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Industrial & ManufacturingConsumer & E-commerce
ROUTES
Companies (own capital)

Overview

Wikipedia describes Volga Group as a privately held investment vehicle that manages assets on behalf of Gennady Timchenko, set up in 2007 as Volga Resources and renamed in June 2013. It lists holdings in energy, petrochemicals, construction, rail logistics, insurance and consumer goods, including stakes in Novatek and Sibur. These holdings date from about 2013 and have not been confirmed by a current primary source.

Holdings & investments (7)

  • Novatek
    23% stake (as listed on Wikipedia, c. 2013)
  • Sibur
    15.3% stake (as listed on Wikipedia, c. 2013)
  • STG Group
    63% stake (as listed on Wikipedia, c. 2013)
  • Transoil
    60% stake (as listed on Wikipedia, c. 2013)
  • Sogaz
    12.5% stake (as listed on Wikipedia, c. 2013)
  • Rörvik Timber
    79% stake (as listed on Wikipedia, c. 2013)
  • Aquanika
    100% stake (as listed on Wikipedia, c. 2013)

People

  • Gennady Timchenko
    Founder and main shareholder · source
  • Chlodwig Reuter
    Chairman of the board (as listed on Wikipedia) · source

Frequently asked questions

Volga Group (Timchenko Family Office) is a single family office based in Luxembourg, founded in 2007.

Volga Group (Timchenko Family Office) invests its own capital into companies.

Volga Group (Timchenko Family Office) invests in Industrial & Manufacturing and Consumer & E-commerce.

Key people at Volga Group (Timchenko Family Office) include Gennady Timchenko (Founder and main shareholder) and Chlodwig Reuter (Chairman of the board (as listed on Wikipedia)).

Volga Group (Timchenko Family Office)'s holdings and investments include Novatek, Sibur, STG Group, Transoil, Sogaz, Rörvik Timber and Aquanika.

No. Volga Group (Timchenko Family Office) invests its own capital and does not raise money from outside investors.