ROLF
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The ROLF Group is Russian's leading automotive business and is the largest importer and retailer of foreign-made cars in Russia
ROLF History
1991 | Sergey Petrov, together with several partners, establishes ROLF Co. Ltd. as a taxi and car rental business in Moscow; a few months later, ROLF is appointed an official service agent for Mitsubishi Motors.
1992 | ROLF starts sales of Mitsubishi new cars in Russia (sells 109 cars).
1994 | ROLF opens the first purpose built Mitsubishi showroom in Moscow.
1995 | ROLF starts distributing Mitsubishi cars to other dealers outside Moscow on a non-exclusive basis.
1997 | ROLF establishes its import business with Hyundai.
1998 | ROLF obtains official exclusive distribution rights for Mitsubishi in the European part of Russia (extended to the whole of Russia in 2003).
1999 | ROLF becomes the largest importer of cars into Russia by units; ROLF sets up its first Mitsubishi dealership in St. Petersburg.
2000 | ROLF agrees exclusive distribution rights with Hyundai Motor through a joint venture called "Carnet 2000".
2001 | ROLF opens its first non-Mitsubishi dealerships to sell Audi and Ford cars.
2003 | Sergey Petrov buys out last minority shareholders of ROLF.
2004 | New ROLF Group of Companies structure is established; Sergey Petrov becomes Chairman.
2005 | ROLF secures USD 350m syndicated loan facility for business expansion.
2006 | Sergey Petrov becomes Honorary President.
2007 | Debut Eurobond Issue raising $250m, Nick Hawkins appointed as CEO of ROLF Group of Companies.
2008 | ROLF Group extends its Distribution operations into CIS countries, opens first official car dealership in Tajikistan.
2009 | ROLF extends Mitsubishi Distribution Agreement for further 5 years.