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.
Sergey Orlovskiy regrets selling the company.
( z1 regret :ARG0 ( z2 person :name ( z3 name :op "Sergey" :op "Orlovskiy" ) ) :ARG1 ( z4 sell :ARG0 z2 :ARG1 ( z5 company ) ) )