Investment AB Kinnevik manufactures fiber-based packaging materials for consumer products. The Kinnevik portfolio is divided into three segments, including Major Unlisted Holdings consisting of Korsnäs, Major Listed Holdings including Millicom, Tele2, MTG, Metro and Transcom and New Ventures with Kinnevik’s holdings in agriculture in Poland (Rolnyvik) and Russia (Black Earth Farming), renewable energy in Latvia (Sia Latgran), online-media and yellow-pages in Russia (Kontakt East Holding), pay-TV...
Investment AB Kinnevik manufactures fiber-based packaging materials for consumer products. The Kinnevik portfolio is divided into three segments, including Major Unlisted Holdings consisting of Korsnäs, Major Listed Holdings including Millicom, Tele2, MTG, Metro and Transcom and New Ventures with Kinnevik’s holdings in agriculture in Poland (Rolnyvik) and Russia (Black Earth Farming), renewable energy in Latvia (Sia Latgran), online-media and yellow-pages in Russia (Kontakt East Holding), pay-TV (Gateway TV) and microfinancing in Africa (Bayport) and search-based online-marketing in Scandinavia and Europe (Relevant Traffic).
Major Listed Holdings
Millicom: Millicom offers accessible mobile telephone services to market segments in 16 countries in Latin America, Africa and Asia. Millicom has one unified GSM brand, tigo, in 14 of its 16 markets.
Tele2 AB: Tele2 offers products and services in fixed and mobile telephony, broadband and cable TV to 24 million customers in 11 countries.
MTG: MTG is an international entertainment broadcasting group with its core business in television. MTG's Viasat Broadcasting operates as a free-TV and satellite premium pay-TV operator in Scandinavia and the Baltics, and also operates free-TV channels in the Czech Republic, Hungary, Slovenia, Bulgaria, Macedonia and Ghana, pay-TV channels throughout Central & Eastern Europe and in the United States and a satellite premium pay TV platform in Ukraine. Viasat broadcasts approximately 50 own branded channels.
MTG Radio is a commercial radio operator in the Nordic region and the Baltic countries. MTG Radio owns, or has equity stakes in the commercial radio broadcasting networks in Sweden, Norway and Finland, as well as radio stations and networks in the Baltic countries. MTG Radio's stations reach approximately three million listeners every day.
The Online business comprises the Nordic entertainment retailer CDON.COM, Gymgrossisten.com, Bodystore.com, Nelly.se, linus-lotta.com, bookplus.fi, BET24 and Playahead.
Modern Studios incorporates companies which produce and distribute a range of content. Strix Television is a TV production company and provides innovative and contemporary TV formats.
Metro: Metro is an international daily newspaper. Metro’s 64 editions is published in 100 major cities in 20 countries across Europe, North & South America and Asia.
Transcom: Transcom is active within outsourcing of Customer Relationship Management (CRM) and Credit Management Services. The company provides CRM solutions for companies in a range of industry sectors, including telecommunications and e-commerce, travel & tourism, retail, financial services and utilities. Transcom offers its clients a range of relationship management services, including inbound communication, telemarketing and outbound, administrative tasks, web servicing, CRM consultancy services, contract automation, credit management services, legal service and interpretation services.
Major Unlisted Holdings
Korsnäs: Korsnäs Industrial is one of the manufacturers of virgin fiber-based packaging materials, primarily for consumer products. It offers liquid packaging board for dairy products and other beverages; white top kraft liner for corrugated packaging; carton board for packaging cosmetics, luxury drinks, confectionery, and frozen food; and sack and kraft paper for sacks, carrier bags, and food packaging.
New Ventures
R2 International: R2 International is a European online company focused on price comparison services. In April 2009, Investment AB Kinnevik acquired a 20 % stake in R2 International, a relatively newly established European online company focused on price comparison websites, such as for loans and insurances. The company is operating in Poland, Spain, Italy and Turkey.
Rolnyvik: Rolnyvik is a company with agricultural activities in Poland. The company controls 6,705 hectares of land used for crop farming. Rolnyvik is a wholly owned subsidiary of Kinnevik.
Black Earth Farming: Black Earth Farming is a farming company operating in Russia. As of 31 December 2008, Black Earth Farming controlled 317,000 hectares of land of which 95,000 hectares were under full registered ownership.
Sia Latgran: Sia Latgran is a Latvian producer of pellets. The company is mainly focusing on supplying the Swedish, Danish, German, and Austrian markets. Kinnevik holds 51% of the equity and the voting interest in the company.
Relevant Traffic: Relevant Traffic is active in the area of digital sales and marketing, using the Internet as its information carrier, and operates in software and hardware, consultation and campaign management. Kinnevik owns 97% of the votes and capital in the company.
Kontakt East: Kontakt East invests in primarily Internet-related, media companies in Russia and closely located markets. The company consists of the two business segments Directory Services, which publishes printed directories in Moscow, St. Petersburg and eight other Russian regions, as well as online search services, and Consumer eCommerce, which offers consumer-focused e-commerce through such forums as the www.avito.ru marketplace.
Bayport: Bayport offers micro credit and financial services in Ghana, Uganda, Zambia and Tanzania.
In September 2009, Investment AB Kinnevik and Asset & Resource Management Company Ltd. have joined forces to create one of West Africa's private equity funds.
History
Investment AB Kinnevik was founded in 1936.