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Itera

ITERA International Group of Companies controlled by Russian businessman Igor Makarov headquartered in Moscow, Russia, with parent companies of the group registered in Cyprus. Its subsidiaries are involved in the energy industry, civil and industrial engineering, and finance and insurance. The company operates primarily in Russia, the Commonwealth of Independent States (CIS) countries and Latvia. In 2013, its main subsidiary Itera Oil & Gas Company—was acquired by Russian state-controlled oil company Rosneft.