Graphene – novel 2D material, which possesses variety of fascinating properties, can be considered as a convenient support material for the nanoparticles. In this work various methods of synthesis of reduced graphene oxide with metal or metal oxide nanoparticles will be presented. The hydrothermal approach for deposition of platinum, palladium and zirconium dioxide nanoparticles in ethylene glycol/water solution was applied. Here, platinum/reduced graphene oxide (Pt/RGO), palladium/reduced graphene oxide (Pd/RGO) and zirconium dioxide/reduced graphene oxide (ZrO2/RGO) nanocomposites were prepared. Additionally, manganese dioxide/reduced graphene oxide nanocomposite (MnO2/RGO) was synthesized in an oleic-water interface. The obtained nanocomposites were investigated by transmission electron microscopy (TEM), X-ray diffraction analysis (XRD), Raman spectroscopy and thermogravimetric analysis (TGA). The results shows that GO can be successfully used as a template for direct synthesis of metal or metal oxide nanoparticles on its surface with a homogenous distribution.