Nival was founded in 1996 by Sergey Orlovskiy. In early 2005, the company was bought by Ener1 Group, a Florida-based holdings company, for around US$10 million.
Ener1Group has doubled the companys value since buying.
( z1 double :ARG0 ( z2 company :name ( z3 name :op "Ener1Group" ) ) :ARG1 ( z4 value :poss ( z5 company ) ) :time ( z6 since :op ( z7 buy :ARG0 z2 ) ) )