1990
Amtel Group has been operating in Russia since 1990. The first business of the group was a supply of rubber from Malaysia and Indonesia with a turnover of 100 000 tons per year. In the early 90th the Company started to distribute branded electronics in Russia.
1993
Amtel Group builds a plant in Moscow region (Korolyov) and becomes food and bevarages producer, selling Amtel branded juices, mineral water and alcoholic beverages.
1997
The share of Amtel juices has reached 12% of the market by 1997. Amtel Group sells food and bevarages business and aims at consolidation of tire assets. In a few years Amtel Group fully redeveloped and re-equiped old Soviet tire plants, updated management structure, distribution and sales process, increased business efficiency. Russian tire production became competitive on the European market.
2005-2007
Amtel Group acquires one of the largest tire corporations in Europe - Dutch company Vredestein in 2005. Same year Amtel-Vredestein hold IPO. Same year Amtel Group establishes a development company Amtel Properties to run all non-core real estate assets. At the edge of growth in 2007 Amtel-Vredestein becomes the 4th largest tyre manufacturer in Europe. Amtel Group sells all tire assets and focuses on the development of real estate business under Amtel Properties brand.
2006-2011
Amtel Properties launches Technopark Orbita and offers quality offices and warehouses to the market after the redevelopment of a former television plant in Moscow. The acquisition of operating Iris Congress Hotel in Moscow is the first step in the hotel real estate segment. in 2009 Amtel Properties opens the first apart-hotel in Georgia - Citadines Tbilisi Freedom Square. This project is also the first partnership with an international hotel operator. High quality Amtel logistics complex has been built in Kiev. Several land plot for future development are acquired in Belarus and Georgia.
2011-2018
Amtel Properties signs agreements with Hilton Worldwide and builds three hotels under the management of the international operator’s brands – a country resort Hilton Garden Inn Moscow New Riga, Hampton by Hilton Moscow Strogino and Hampton by Hilton Minsk City Center. In 2015 the flagman property of the company is put into operation – a mixed-use self-contained territory in the west of Moscow Orbita-2, suitable both for business and leisure. Following the strategy of partnership with world-known hotel operators, Amtel Properties rebrands Iris Congress Hotel into Holiday Inn Moscow Seligerskaya under the agreement with IHG. The construction of the modern logistics park with energy effective technologies is completed in Moscow region (Klin) in 2017. Amtel Hospital in Tbilisi is fully renovated same year. When a stable portfolio of income generating properties has been formed, Amtel Properties concentrates on property management and continues to launch new development projects in growing segments, including Minsk City Mall, living apartments in Kiev.
1990
Amtel Group has been operating in Russia since 1990. The first business of the group was a supply of rubber from Malaysia and Indonesia with a turnover of 100 000 tons per year. In the early 90th the Company started to distribute branded electronics in Russia.
1993
Amtel Group builds a plant in Moscow region (Korolyov) and becomes food and bevarages producer, selling Amtel branded juices, mineral water and alcoholic beverages.
1997
The share of Amtel juices has reached 12% of the market by 1997. Amtel Group sells food and bevarages business and aims at consolidation of tire assets. In a few years Amtel Group fully redeveloped and re-equiped old Soviet tire plants, updated management structure, distribution and sales process, increased business efficiency. Russian tire production became competitive on the European market.
2005-2007
Amtel Group acquires one of the largest tire corporations in Europe - Dutch company Vredestein in 2005. Same year Amtel-Vredestein hold IPO. Same year Amtel Group establishes a development company Amtel Properties to run all non-core real estate assets. At the edge of growth in 2007 Amtel-Vredestein becomes the 4th largest tyre manufacturer in Europe. Amtel Group sells all tire assets and focuses on the development of real estate business under Amtel Properties brand.
2006-2011
Amtel Properties launches Technopark Orbita and offers quality offices and warehouses to the market after the redevelopment of a former television plant in Moscow. The acquisition of operating Iris Congress Hotel in Moscow is the first step in the hotel real estate segment. in 2009 Amtel Properties opens the first apart-hotel in Georgia - Citadines Tbilisi Freedom Square. This project is also the first partnership with an international hotel operator. High quality Amtel logistics complex has been built in Kiev. Several land plot for future development are acquired in Belarus and Georgia.
2011-2018
Amtel Properties signs agreements with Hilton Worldwide and builds three hotels under the management of the international operator’s brands – a country resort Hilton Garden Inn Moscow New Riga, Hampton by Hilton Moscow Strogino and Hampton by Hilton Minsk City Center. In 2015 the flagman property of the company is put into operation – a mixed-use self-contained territory in the west of Moscow Orbita-2, suitable both for business and leisure. Following the strategy of partnership with world-known hotel operators, Amtel Properties rebrands Iris Congress Hotel into Holiday Inn Moscow Seligerskaya under the agreement with IHG. The construction of the modern logistics park with energy effective technologies is completed in Moscow region (Klin) in 2017. Amtel Hospital in Tbilisi is fully renovated same year. When a stable portfolio of income generating properties has been formed, Amtel Properties concentrates on property management and continues to launch new development projects in growing segments, including Minsk City Mall, living apartments in Kiev.