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Over 35 years of Growth

The story behind our success

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origins

Since it's founding, DFG has been focused on building a family-run organization dedicated to making a beneficial impact on the world. Decade by decade, it has maintained this vision, helping to spur tremendous company growth while also creating positive change. 

Since it's founding, DFG has been focused on building a family-run organization dedicated to making a beneficial impact on the world. Decade by decade, it has maintained this vision, helping to spur tremendous company growth while also creating positive change.

Decades

DFG through the years 

DFG through the years

1990 - 2010
2010 - 2020
2020 - Present day

Origins of Dobrov & Family Group

Our origins begin with company founder Andrey Dobrov. In the early 90's he and his partners founded the mining company Belon OJSC, where Andrey served as CEO and co-founder. Over 20 years he grew the company into a powerful conglomerate, with 30 subsidiaries and over 10,000 employees.


After a successful IPO & SPO, he sold the company in 2010 and used the capital to pursue his dream of creating Dobrov & Family Group with his two sons, Evgeny and Dmitriy. Their goal was to create a company that makes a positive difference and supports their values of integrity, trust, and guardianship.

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The first decade of Dobrov & Family Group

Andrey Dobrov and his sons began opening offices and hiring professional teams, while developing international businesses that would produce stable cash flow and steady capital accumulation. These businesses included commercial real estate, hotels, solar park projects, considerable land bank accumulation, and residential real estate development.


In 2019, they launched an internal corporate venture capital program and added their first VC fund in order to extend the group’s current activities to new frontiers of strategic interest. Investment was centered on tech startups that can create a better, more sustainable world.

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The future starts now

Building on the momentum and progress made during the previous decade, DFG is now focused on charting new business horizons. Over the next five years, we will be delivering iconic resorts, transforming our real estate development with a forward-thinking competitive strategy, launching venture funds, and expanding our renewable energy capacity.


Guided by our desire to innovate and evolve, DFG remains committed to sustainable growth that benefits our communities and upholds our founding values.

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The founder photo
Visionary

Meet the founder 

Meet the founder

The patriarch of the Dobrov family - Andrey Dobrov - has played a key role in shaping the company’s distinctive character

For more than 40 years, company founder Andrey Dobrov has been devoted to creating industry giants. His success took off in the 1990s, when under his leadership the mining company “Belon” was transformed into a powerful, vertically integrated group with dozens of subsidiaries and thousands of employees. 

For more than 40 years, company founder Andrey Dobrov has been devoted to creating industry giants. His success took off in the 1990s, when under his leadership the mining company “Belon” was transformed into a powerful, vertically integrated group with dozens of subsidiaries and thousands of employees. 

After conducting a successful IPO (2006) and SPO (2007) and working in the business for 20 years, he sold the company in 2010 to lay the groundwork for Dobrov & Family Group—a family-run organization where he now serves as the strategic leader, working alongside his sons, Evgeny and Dmitriy.

After conducting a successful IPO (2006) and SPO (2007) and working in the business for 20 years, he sold the company in 2010 to lay the groundwork for Dobrov & Family Group—a family-run organization where he now serves as the strategic leader, working alongside his sons, Evgeny and Dmitriy.

Over his many years in business, he has gained extensive expertise in creating, restructuring, and driving large-scale industrial enterprises and service businesses—including banks and retail chains—to profitability.

Over his many years in business, he has gained extensive expertise in creating, restructuring, and driving large-scale industrial enterprises and service businesses—including banks and retail chains—to profitability.

Our Mission

We are a family-owned company focused on being a market-leader known for its nimbleness, drive for positive impact, and commitment to delivering long-term growth. 

We are a family-owned company focused on being a market-leader known for its nimbleness, drive for positive impact, and commitment to delivering long-term growth.

Think aheadThink ahead

We anticipate needs and deliver innovative solutions using advanced technologies, reliable processes, and industry-leading professionals.

GrowGrow

We focus on stable and sustainable growth that helps us to develop our values across our fields of interest and push boundaries further.

LeadLead

We are one of the leading companies on the global market and we aim to inspire and motivate people around us to bigger things.

ProgressProgress

We believe that progress is the way to success. We never settle on what has been accomplished, we only look forward to what we can do next.

future of dfg
looking forward

The future of DFG starts now 

The future of DFG starts now

DFG has achieved success through its family-driven business model and values, founded on steady growth in carefully selected industries. The company’s founders—beneficiary Andrey Dobrov and his sons Evgeny and Dmitriy—intend to continue guiding DFG toward sustainable growth and effective development. This includes expanding the company’s geographic reach, enhancing the potential of its employees, and building & investing in revolutionary startups poised to shape the future.

DFG has achieved success through its family-driven business model and values, founded on steady growth in carefully selected industries. The company’s founders—beneficiary Andrey Dobrov and his sons Evgeny and Dmitriy—intend to continue guiding DFG toward sustainable growth and effective development. This includes expanding the company’s geographic reach, enhancing the potential of its employees, and building & investing in revolutionary startups poised to shape the future.

DFG People

Our Leadership 

Our Leadership

vaclav zoufaly Holding
Václav Zoufalý
Real Estate Director
A seasoned real estate professional with more than 20 years of experience in construction and development, Václav has driven over $450M in completed projects. He oversees all strategic real estate activities across Central Europe, delivering projects from concept to completion.
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Dragan Lucic
Hospitality Director
Dragan launched his career in 2002, trading black and nonferrous metallurgy, then moved on to serve as Commercial and Financial Director at Technosteel HVT in 2004. In 2008, he joined DFG, overseeing over EUR 100M+ AUM in the region.
Sayu Sinha Holding
Sayu Sinha
Investment Director
An investment specialist with 25 years of experience in public and private markets, Sayu has successfully exited as a founder and deployed over £500M in Pan-European real estate. A Sloan Fellow from London Business School.
Laura Raicinskyte Holding
Laura Raicinskyte
Head of Finance
ACCA-certified finance professional with extensive experience in private equity and venture capital environments, specializing in optimizing financial processes, driving strategic decisions, and delivering impactful results across diverse industries.
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Leyla Annaniyazova
Head of Tax & Structuring
After starting her career in the PwC personal tax department in 2009, Leyla joined DFG three years later, gaining substantial hands-on experience in structuring and executing a range of international projects, including M&A, group reorganizations, and trust matters.
Alexandra Kosovtsova Holding
Alexandra Kosovtsova
Legal Counsel
A legal professional with over 10 years of experience in corporate and commercial law, Alexandra specializes in PE, venture capital, and M&A transactions. She brings extensive expertise in structuring complex investment deals, corporate finance, and wealth management.

“Our vision is primarily focused on growth through innovation, while a disciplined systematic approach serves as a guarantee of reliability. This allows us to operate as a professionally managed family company, attracting the world’s best executives and top specialists to achieve our goals.”

Andrey DobrovFounder

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