He is the Chairman of the Board of the Group. Among the projects implemented are, in 2006, consolidation and further sale to Renova one of the largest electrode plants in Russia.[6][7] In early 2004, the ALLTECH Group acquired more than 20% of the shares in West Siberian Resources Ltd (WSR). The company significantly increased production (in 4 years the company's market capitalization increased almost 20 times) and in 2008 West Siberian Resources merged with Alliance Oil Company.[8][9]