Milestones Old - SUN Group

2020

Partnership with China National Gold on the Kluchevskoye mine is finalised.

2019

2018

Joint venture with China National Gold is signed.

2016

SUN Mobility is established in partnership with Maini Group.

2011

SUN Renewables is established.

2008

SUN exits SUN Interbrew to InBev. The Russian business of the global corporation remains to be called SUN InBev.

2006

SUN enters into a joint venture with Indian Oil Corporation, Oil India, and Summit Oil to invest in the African upstream sector.

2006

The SUN-Apollo India Real Estate Fund is created.

2006

SUN makes principal investments in mining and the oil and gas sector in various countries including Russia, Kazakhstan, Equatorial Guinea, Cameroon, South Africa, Nigeria, Canada and India.

2006

SUN Mining is established.

2006

SUNTERA is founded to invest in oil and gas opportunities outside Russia.

2005

SUN Group invests in Itera, Russia’s then second largest privately-held independent gas producer. The Group exits Itera in 2010.

2000

SUN Group co-sponsors WestBridge Capital Partners, now Sequoia India.

1999

SUN Group partners with InterBrew to create SUN InterBrew.

1996

SUN Capital Partners, one of Russia’s first private equity funds, is founded.

1996

SUN F&C Asset Management is established in India in partnership with Foreign & Colonial.

1995

SUN Confectionery is established, and the breakfast cereals business is developed. The confectionery business was further exited to Nestlé and United Confectioners.

1994

SUN Brewing issues GDRs and is listed on the Luxembourg stock exchange.

1992

SUN Brewing is created after the acquisition of 5 breweries. Over this time, 27 businesses in Russia are acquired or invested into.

1990

Shiv Khemka starts working in Russia.

1985

SUN Group is established to develop international business.

1980

1980s

Further investments are made, among others, in the tire retreading and rubber industry.

1970

1970s

Investments are made into the Indian industrial sector and logistics.

1960

1960s

The family companies participate in various major industrial and construction projects, including Indo-Soviet initiatives.

1958

Nand Khemka visits the USSR. The family group enters the Russian market and is involved in supporting Soviet capital goods imports to India.

1950

1950s

The family develops a significant mining export business, focused on iron and manganese ore.

1940

1940s

The family enterprises become actively involved in the mining sector.

1930

Early 1930s

Part of the family moves from Bihar to Calcutta.

1920

1920s

The family ventures into the agricultural sector and mineral commodities including iron and manganese ore.

1900

Early 1900s

The family moves from Assam to Bihar.

1850

1850s

The Khemka family moves from Ratangarh, Rajasthan, to Assam.