" I got to structures of JOINT-STOCK COMPANY "ROSOBORONEKSPORT" [Sergei Chemezov]" — Shelkov Mikhail told in 2008 in interview to daily business newspaper "Vedomosti" . In the 1990th graduate of MFTI "Yurak", Evrosibbank and the Russian bank reconstruction and developments worked in bank, and in 2001 became the head of companies to "Oboronimpeks" founded by JOINT-STOCK COMPANY "ROSOBORONEKSPORT" and Vneshekonombank for work with "soft currencies" .
JOINT-STOCK COMPANY "ROSOBORONEKSPORT" de facto were headed by Sergei Chemezov, the friend Vladimir Putin even since collaboration to Germany. "Oboronimpeks", created for calculations with currencies, gradually turned into investment division of JOINT-STOCK COMPANY "ROSOBORONEKSPORT" with investments in actions of the enterprises and real estate.
the Way to $ of 1 billion
at the beginning of the 2000th VSMPO-AVISMA corporation PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA", the world's largest producer of the titan and the supplier for Boeing, Airbus and Embraer, was involved in the conflict of shareholders. On the one hand — director general Wladyslaw Tetyukhin and his partner Vyacheslav Bresht, with another — JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA" Viktor Vekselberg . When it seemed that in 2005 the conflict ended with repayment of the equity stake, belonging JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA", PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" became interested the third party — JOINT-STOCK COMPANY "ROSOBORONEKSPORT".
On PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" check by the staff of Prosecutor General's Office came, there were claims and at tax specialists. "During meetings it was clear that the state is adjusted on complete dominance and 100%-e management. I sounded the position so: human life certainly, the state is eternal" — Wladyslaw Tetyukhin told magazine "Forbes". On final negotiations to Frankfurt am Main with Vyacheslav Bresht went Shelkov Mikhail. Conversation was rigid — threats sounded already from both parties, told a source of magazine "Forbes". As a result the transaction took place — in 2006 of LLC "PROMINVEST" became the owner of 66% of stocks PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA", having occupied about $1 billion in Public joint-stock company "Sberbank Russia" and other banks.
the Aspiration of the state to take under control the strategic enterprise disappeared six years later. At the end of 2012 GARAGE COOPERATIVE "ROSTEKH" which part JOINT-STOCK COMPANY "ROSOBORONEKSPORT" was, declared sale 45,4% PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" to consortium of investors as a part of "Gazprombank" (Open joint-stock company) and top management PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" (5 people). Thus GARAGE COOPERATIVE "ROSTEKH" reserved 25% %2B 1 actions of companies.
according to magazine "Forbes", the transaction was investors favorable to consortium. "VSMPO-AVISMA" it paid only $180 million for the package PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" before Public joint-stock company "Sberbank Russia" ($495 million) and Public joint-stock company "Bank VTB" (about $300 million). In consortium "Gazprombank" (Open joint-stock company) received 25% — 1 action (also bank owned stocks PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" directly), top management PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" — 75% %2B 1 actions. As shares between managers were distributed it was not known, the source of magazine "Forbes" said that the main beneficiary is Shelkov Mikhail.
from the moment of the transaction passed slightly more than a year when in February, 2014 top management PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" declared purchase at "Gazprombank" (Open joint-stock company) 15% of stocks PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA". On information of newspaper "Kommersant" , the amount of transaction exceeded 14 billion rubles (credit again provided Public joint-stock company "Sberbank Russia"), and "Gazprombank" (Open joint-stock company) from consortium for "the symbolical sum" became part of the transaction an exit. As a result top management PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" had 65,27% of actions of companies.
Dividends and debts
B the quarterly report for the II quarter 2017 the VSMPO-AVISMA corporation PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" for the first time completely opened property structure. The Cyprian offshore Cador Enterprises Limited and Jivanta Ventures Limited owns on 30% — 1 action of corporation, another 5,27% at JSC "Business Allianz Company". "Business Company's Alliance" in turn through LLC "Promyshlennye investitsii" controls Cador Enterprises Limited and Jivanta Ventures Limited. And 90% "Business Company's Alliance" belong to Shelkov Mikhail.
For February 9, 2018 (cutting off date for a rating of billionaires of magazine "Forbes") 65,27% of stocks PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA", belonging "Business Company's Alliance" and to her "daughters", cost 128,3 billion rubles or $2,225 billion
A that with debts? Debt Cador Enterprises Limited for the end 2014 (it is the last opened reporting) made $1,047 billion, thus the sum of the bank credits equaled $406 million, and loans from shareholders ("Industrial investments") and the related companies — $582 million and $32 million respectively.
At Jivanta Ventures Limited was a debt only before shareholder — $318 million
U "Industrial investments", by data SPARK-Interfaks, the long-term debt for the end of 2014 equaled 51,2 billion rubles or $910 million.
I debt coincides with debts of Jivanta Ventures Limited and Cador Enterprises Limited before "Industrial investments", that is proceeds of credit went on a chain bank — "Industrial investments" — the Cyprian companies.
But since 2014 debts decreased. After receiving controls over PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" Shelkov Mikhail and his partners reconsidered dividend payments companies. If in 2012 the producer of the titan added on dividends of 306 million rubles, in 2016 – nearly 15 billion rubles.
the Long-term debt "Industrial investments" in 2016, by data SPARK-Interfaks, decreased to 42,4 billion rubles or $699 million (these are the latest published data). In 2017 after payments record dividends this sum could decrease to level of $510-520 million, and the total debt "Industrial investments" and her "daughters" decreased to level of $950 million (taking into account the bank credits and other debts Cador Enterprises Limited).
That is "net value" of assets " Company's Alliance" minus a debt can be estimated Business at $1,275 billion, and 90% belonging to Mikhail Shelkov, at $1,148 billion. At Shelkov Mikhail there is a small personal equity stake PUBLIC JOINT-STOCK COMPANY "CORPORATION VSMPO-AVISMA" (1,1%) worth $37 million
