Enso Groupis amultinationaldiversifiedconglomerate.[2][3][4][5]The group was founded in 2005 by Chairman Vinay Maloo.[6][7]It was started with a cluster of oil and gasexploration and productioncompanies inJordan,Nigeria,Georgia,AustraliaandIndia.[8]The group has consultancy arms in theUKandSingaporewith operational offices globally.[9][10]Most of the group companies are privately held.[11]Vaibhav Maloo holds the position of managing director of the group.[12]Enso Oils & Lubricants is the Indian partner forGazprom Neftengine oils.[13]Enso Global Trading is a trading house based out of Dubai.[14]
 | |
| Company type | Diversified |
|---|---|
| Industry | Conglomerate |
| Founded | 2005 |
Area served | Worldwide |
Key people | Vinay Maloo (Chairman) Vaibhav Maloo (Managing Director) |
| Products | Energy, Mining, Technology, Infrastructure, Healthcare, Solar[1] |
| Website | ensogroup |
Natural resources
editPotash mining
editThe group hasexpanded horizontallyinto a potash mining project inSaskatchewan,Canada,an area which has one of the highest reserves ofpotashin the world.[15][16]
Energy
editEnso Group has stake in a major gas block inSiberia,nearIrkutsk.[17]The group sold its stake in Ensearch Petroleum, which had its holdings in 14 oil and gas blocks toSahara India Pariwarin 2011.[18][19]
Healthcare
editEnso Healthcare LLP is acting as an aggregator for manufacturing ofSputnik VandSputnik Lightvaccines in India,[20][21]for Russian sovereign fundRDIF.[22][23][24]
Infrastructure
editThe 12.1 km Gurgaon metro rail, calledRapid Metro Gurgaon,was created in JV with Enso Group and a consortium ofDLFandIL&FS.The group exited the project, however, soon after operations began. The joint venture SPV was called ITNL Enso Rail Systems Ltd. The metro runs today and has 11 hauls.[25][26]
See also
editReferences
edit- ^"Archived copy".Archived fromthe originalon 14 July 2014.Retrieved18 June2014.
{{cite web}}:CS1 maint: archived copy as title (link) - ^"Ensocare and Wipro GE Healthcare enter into a Public Private Partnership with Government of Maharashtra to upgrade District Hospitals - Elets eHealth".17 June 2013.
- ^"Consortium of India's Enso Group, Russian fund emerges as new suitor for Jet Airways - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More".19 February 2020.
- ^Seema Singh (16 September 2013)."Medtech Giants Philips and GE Fight Over India".Forbes India Magazine.Retrieved19 May2014.
- ^Our Bureau (17 May 2013)."GE, Maharashtra tie up for diagnostic facilities at 22 hospitals".The Hindu Business Line.Retrieved19 May2014.
- ^Rajesh Unnikrishnan (8 December 2008)."Maloo's back with oil, core focus".Economic Times. Archived fromthe originalon 12 August 2011.Retrieved19 May2014.
- ^"Medtech Giants Philips And GE Fight Over India".Forbes India.
- ^"GE Technology powers Govt of Maharashtra's PPP initiative in Healthcare".India Infoline News. 17 May 2013.Retrieved19 May2014.
- ^Jagwani, Lohit (14 November 2013)."Enso Group, Omada Capital partner to launch a $600M fund in South Asia".VCCircle.Retrieved14 April2021.
- ^"India's Enso Group to take up projects in Russia's Far East".rbth.8 June 2015.
- ^"Maharashtra govt gets R150-cr boost from Ensocare".Financial Express. 16 May 2013.Retrieved19 May2014.
- ^"Here's How This Leader Helps His Team to Stay Motivated and Positive in Adverse Situations".21 January 2022.
- ^"Gazpromneft-Lubricants, Enso Global Trading expand partnership to supply lubricants in India".11 September 2023.
- ^"Enso Group expands its portfolio with entry into commodity trading".gulfnews.27 March 2023.
- ^"Vinay Maloo Enso Chairman and Former RCF Chairman R.G. Rajan Join the Board of Encanto Potash Corp".Newswire Canada.21 December 2017.
- ^"Encanto could export 3.4 million tpy".World Fertilizer.14 June 2017.
- ^Gazeta, Rossiyskaya (8 June 2015)."India's Enso Group to take up projects in Russia's Far East".Russia Beyond.
- ^Bhaskar, Utpal (4 October 2011)."Sahara enters oil and gas sector with EnSearch buy".mint.
- ^"Sahara Group Buys EnSearch Petroleum".Dow Jones Newswires. 4 October 2011 – via wsj.
- ^"Wockhardt, Enso Health join hands for Sputnik jabs".The Economic Times.Retrieved29 January2022.
- ^"Wockhardt partners with Enso Healthcare to manufacture 620 million doses of Sputnik vaccines".cnbctv18.20 August 2021.Retrieved29 January2022.
- ^"Strides' biopharma arm partners RDIF to supply COVID-19 vaccine".19 March 2021 – via Business Standard.
- ^Staff Writer (19 March 2021)."COVID-19 vaccine: Strides Pharma to produce 200 million doses of Sputnik V".mint.
- ^"Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News".The Economic Times.
- ^"IL&FS Transport JV achieves fin closure for Gurgaon metro".The Economic Times.7 June 2010.
- ^"First set of Rapid Metro Rail coaches arrive in Gurgaon from China".India Today.13 September 2012.
External links
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