How to earn

Kalaida Igor Alekseevich biography Altushkin. Igor Altushkin will process copper into money

Kalaida Igor Alekseevich biography Altushkin.  Igor Altushkin will process copper into money

Most residents of other regions of the ResFed do not know about Tominsky GOK, of course, but this is an old and good project that has been going on since Soviet times. Not far from Chelyabinsk there are deposits of porphyry copper ores, which have a very low metal content - 0.3% on average. However, since there are certain difficulties in the Russian Federation with the raw material base of the copper industry (in the Urals, most of the deposits have been depleted, and the Udokan deposit in Eastern Siberia cannot be developed in any way), then in such conditions any deposits of copper ores may seem worthwhile.

All detailed information about this project is located. In short, the project was originally state-owned, but since the early 2000s, control over the South Ural Mining Company, which conducts exploration, has passed into the hands of the structures of businessman Igor Altushkin. By the way, although Altushkin was awarded the Order of Friendship by "Vladimir Putin" in May of this year, he started his business in a thoroughly criminal environment in which kegebists and local Ural gangsters divided metallurgical enterprises without any "friendship". The copper complex of the Urals was eventually captured by Iskander Makhmudov and Andrey Kozitsyn (Ural Mining and Metallurgical Company, UMMC), whose associate was Mr. Altushkin. The share of his Russian Copper Company (RCC), established in 2004, fell to the most specific and "tasteless" assets for Makhmudov and Kozitsyn.

For example, this is Karabashmed (Karabash copper smelter), which is considered one of the dirtiest industries in northern Eurasia, and the city of Karabash is one of the most "killed" settlements in this territory (a visit to which always leaves vivid impressions). Altushkin's company also includes the outdated Kyshtymsky copper electrolytic plant, Ormet, the new Novgorod metallurgical plant (built in the 2000s and equipped with German, American and Finnish equipment), similarly the new Uralhydromet (in the Sverdlovsk region), as well as a number of mining assets, Mikheevsky GOK launched in 2014 (all equipment is imported) can be distinguished among them. The main "disadvantage" (by Russian standards) of Altushkin is that he perceives bank loans not so much as a means of cutting, but also tries to build at least something on them. Apparently, this oligarch still understands that since he did not get a free Soviet infrastructure, he will have to create his own from scratch. Of course, there is no talk of raising wages and improving the lives of the population - at the same new Mikheevsky GOK, salaries are in the corridor of 20-30 thousand rubles (for the master - 35-40 thousand rubles). Altushkin's fortune is estimated by Forbes magazine at $1.8 billion, by the way.

RMK's plans to build a large-scale Tominsky GOK 15 kilometers from Chelyabinsk and 10 kilometers from its water intake have seriously disturbed the local community and environmentalists. Since the metal content in the rock is negligible, the Mining and Processing Plant will have to shovel real mountains (28 million tons of rock annually!), providing a large tailing dump with waste that can be easily spread in strong winds. Well, who would like that? Nevertheless, Altushkin's PR people are not sitting idle and those who doubt the safety of the Tominsky GOK are taken to the already launched Mikheevsky GOK:

If conflict with local residents is somehow settled, then RMK will only have to solve the two main problems of such mining projects in northern Eurasia: securing long-term financing and achieving profitability. So far, the state of affairs with financing is as follows: the cost of the GOK project is more than $1 billion (55-60 billion rubles), and Gazprombank promises to allocate these funds. This is a lot of money, for example - the Mikheevsky GOK cost RMK about 30 billion rubles and now Mr. Altushkin, who routinely registers all his assets with Cypriot and British offshore companies, is looking for strategic investors for him. Maybe even from China.

The profitability of the planned mining and processing plant ultimately rests on the price of copper itself. In 2011, the London Metal Exchange set a "record" price for a tonne of copper at $9,000, but by December 2015, it had dropped to $4,000. Now the prices are slightly better - about 5670 dollars per ton, but it is not clear whether their growth will continue further.

This means that just to cover investment costs, the mining and processing enterprise must produce up to 1.2-1.5 million tons of copper concentrate (at least 250-300 thousand tons of blister copper in the end at other RCC enterprises). That is, the mining complex will begin to pay off only 6-7 years after commissioning, provided that it reaches its planned capacity within three to four years and maintains current copper prices. For the Chelyabinsk region, all this, of course, looks sad, because even in the most favorable scenario, the region receives raw material production with meager profitability, from which one should not expect serious tax revenues. And Chelyabinsk residents know very well what such projects look like - not far from the future Tominsky GOK is the Korkinsky coal mine (part of the Chelyabinsk Coal Company, CHUK), one of the largest in Europe. It is owned by another Russian billionaire, at whose enterprise (the Darasunsky mine in the Trans-Baikal Territory) workers went on strike in May. The greedy $1 billion oligarch wanted to cut their salaries to the bare minimum, and some of them not to be paid at all!

Recall that the federal and regional authorities invested 2 billion rubles in the resettlement of residents of the emergency village of Roza, the houses in which began to collapse due to the proximity to the Korkinsky mine, but Strukov's company "squeezed" its money. As a result, no one was really resettled and people still live in a crumbling village, which is covered with coal dust every day. And here is the main problem of the Resource Federation, which is a raw material colony of Europe: it does not have any real norms for protecting the environment and responsibility for its pollution. The factories of the oligarchs have been bombarded with the waste of the natives for decades, and no one cares. It is generally easier for a large company to pay a ridiculous fine than to fool its head with some treatment facilities and problems of reclamation of polluted territories.

What to talk about if big company how MMC "Norilsk Nickel" just last year closed the Nickel plant that had been operating since 1942 (!) within the boundaries of Norilsk, which annually poisoned the city with hellish amounts of sulfur dioxide emissions. And she closed the production only because it is literally falling apart from old age (the Soviet legacy is not eternal). And not because someone felt sorry for the Norilsk people. Needless to say, in Europe or even more "liberal" in terms of pollution standards in the United States, "Norilsk Nickel" of oligarchs Vladimir Potanin and Oleg Deripaska would have been completely closed long ago.

Igor Altushkin has been in business for most of his life. Behind short term he achieved great success and founded one of the largest enterprises in Russia - the Russian Copper Company. His name symbolizes the revival of metallurgy in the country. Igor Altushkin is one of the richest Russian entrepreneurs.

 

Brief information:

  • FULL NAME: Igor Alekseevich Altushkin
  • Date of Birth: September 10, 1970
  • Education: Higher education
  • Business Start Date/Age: 1992 / 22 years old
  • Type of activity at the start: Aeron company, non-ferrous metals processing
  • Current activity: RMK company, areas of activity:

    mining;

    ore processing;

    metallurgy

  • Current state: $2 billion (according to Forbes magazine in 2017)

Igor Altushkin is among the most famous Russian entrepreneurs. Known as a person in the list of 100 the richest people Russia, according to Forbes magazine, is considered one of the most closed oligarchs. The billionaire is a famous philanthropist, founder of a large charitable foundation. Igor began to actively engage in business soon after graduation and achieved great success.

The beginning of activity and the formation of a famous entrepreneur

Igor Alekseevich Altushkin was born on September 10, 1970 in the city of Sverdlovsk (now Yekaterinburg). Nationality Russian.

While studying at school, he showed himself to be an active and very enterprising child. The boy studied with zeal, knew how to fully concentrate on his task. After receiving a school certificate, he entered the local Institute of National Economy.

He graduated in 1992, when the Soviet Union had already collapsed and the "dashing 90s" had begun. The young man saw opportunities for growth, decided to realize his old dream - to organize his own business. His success story began in his hometown.

At that time, there was a shortage of building materials on the Sverdlovsk market; the young man saw prospects in the field of metal processing. The biography of Igor Altushkin as a businessman began in 1992 with the opening of the Aeron company, which was engaged in the processing of non-ferrous metals. A year later, a young and talented entrepreneur became the head of a commercial and industrial company in Yekaterinburg, which collected and processed scrap, cable, and polymer products.

Thus, Igor created a complementary production, with the help of which already in 1994 he satisfied over 50% of all the needs of the region in non-ferrous and ferrous metals. Ekaterinburg Trade and Industrial Company supplied raw materials to every second industrial enterprise in Siberia.

He did not achieve this result alone: ​​thanks to his managerial talents and good intuition, Altushkin gathered a hardworking team around him, aimed at serious work. In fact, in two years, the entrepreneur and his people turned small business into a major regional company.

Along with success, prosperity grew, opportunities opened up for the implementation of new plans for an ambitious man. In 1995, he invested in the Ural Mining and Metallurgical Company, becoming its shareholder. Igor's direct partner was the head of the UMMC - Iskander Kakhramonovich Makhmudov - another well-known businessman in Russia.

Altushkin was only 25 years old, and his work in the company allowed him to hone his managerial skills well and gain vast experience. The entrepreneur looked at the surrounding processes with a fresh look, improved the management system, introduced innovative methods in production and other areas of the enterprise. For two years of intensive work, he made UMMC one of the leaders in its field, ensuring further development and success.

In the period 1997-2002, Igor held high positions in large metallurgical enterprises Russia, having established himself as a successful and talented leader. During these years, he worked as the general director of the Uralelectromed-Vtortsvetmet company, which is the main supplier of resources for the Ural Mining and Metallurgical Company.

He was in the management of a number of factories:

  • "Precise alloys";
  • "Middle Ural copper smelter";
  • "Revdinsky brick";
  • "Kyshtym copper electrolyte".

In 2001, Igor was a member of the directors of Sverdlsotsbank and UBRD (Ural Bank for Reconstruction and Development).

Own big business

Over the past years, Altushkin has gained invaluable experience in management and life. He understood that in order to implement his plans, he should have organized his own metallurgical business.

Businessman prepared well, collected considerable initial capital, by selling a 15% stake in the Ural Mining and Metallurgical Company. Acquired a controlling stake in the Kyshtym copper electrolytic plant, having made the first step. After that, he gathered under his wing the potential of several industries in the areas of mining, non-ferrous metal processing, etc.

In 2004, Igor Altushkin founded the Russian Copper Company, taking the post of chairman of the board of directors in it. Thanks to considerable experience and numerous acquaintances, he has assembled a large team of professionals. RMK began to quickly gain momentum in the Russian market.

Igor pursued the task of creating a self-sufficient enterprise in which a full production cycle would take place - from the extraction of raw materials to the manufacture of full-fledged products. And it worked out: now the Russian Copper Company is a holding uniting a number of enterprises:

  1. "Aktobe copper company". Located in Kazakhstan, it is engaged in the extraction and enrichment of ore. The company's assets include two quarries at rich ore deposits and a processing plant with a capacity of 5 million tons of ore per year. All work is carried out on modern equipment.
  2. Alexandrinsky Mining Company. Located in the Chelyabinsk region, it is engaged in the primary processing of ore from two copper-zinc mines with a total capacity of more than 1 million tons of ore per year. Using innovative technologies RCC increased the efficiency of the enterprise, reduced the level of harmful emissions in environment.
  3. "Karabashmed". The enterprise of the Chelyabinsk region, which has been operating since 1910. Conducts copper-smelting production, processes slags. RMK was able to solve a long-standing problem of the plant, level out the huge damage to the environment. Igor Altushkin's company modernized the equipment and significantly reduced the level of harmful fumes.
  4. "Kyshtym copper electrolytic plant". Founded in the Chelyabinsk region in 1757; now it is a complex of enterprises: several factories and a processing plant. Produces copper cathodes, wire rod, precious metals. Takes 15% Russian market copper rod.
  5. "Mauksky mine". Located in the Chelyabinsk region; copper pyrite ore is mined underground.
  6. Mikheevsky GOK. It is located in the Chelyabinsk region on a huge deposit of copper-porated ores. The level of production per year is up to 18 million tons of copper ore. This mining and processing plant, built in 2013, is the brainchild of RMK and one of the most technologically advanced enterprises in Russia.
  7. "Novgorod Metallurgical Plant". Located in Veliky Novgorod. Engaged in the processing of rich and poor copper scrap using a unique technology. The annual capacity of the enterprise is 70 thousand tons of copper cathodes and up to 100 thousand tons of copper rod of various diameters.
  8. "Ormet". Located in the Orenburg region, it is engaged in the extraction and processing of copper ores. Raw materials are mined at two mines and processed at its plant with a capacity of up to 820 thousand tons of ore per year. A third mine is currently under construction.
  9. "Uralhydromed". Located in the Sverdlovsk region, it mines and produces copper using state-of-the-art environmentally friendly methods. Weak acid solutions are used to process ores. The methods used make production profitable even at deposits that are considered unpromising.

Igor Altushkin's Russian Copper Company accounts for 19% of all copper in the Russian Federation.

For more information about the largest holdings in the Russian Federation, see the article: "Overview of the 7 largest holdings in Russia".

Among other things, RMK is a serious employer and taxpayer. The staff throughout Russia and abroad is more than 7,500 people. The high-tech approach to work is recognized all over the world, safe technologies are used that allow maintaining the ecological balance. Work in this direction continues.

Igor does not stop there, he is constantly implementing new projects: now, within the framework of the Russian Copper Company, a mining and processing plant is being built in the Chelyabinsk region called Tominsky GOK. It will be located in one of the 50 largest copper deposits in the world. There are also gold and silver ores. It is planned to build a mine and a processing plant with high productivity. Altushkin's company plans to invest a huge amount in construction - more than 55 billion rubles. This project is part of the plan for strategic development Russia. Judging by one of the statements of the businessman, with this project he intends to take the position of the undisputed leader of the Russian metallurgical industry.

In parallel with work in RMK famous businessman expands its activities and acquires new companies:

  • Chelyabinsk Zinc Plant was acquired in 2009 in partnership with businessman Andrey Kozitsyn.
  • The Yenisei Industrial Company was bought from the infamous oligarch Sergei Pugachev in 2011. Thus, the enterprise was saved from bankruptcy, productive work was restored.

Also in 2011, Igor became the main shareholder of the Ural Bank for Reconstruction and Development, having bought out a 30% stake for 2 billion rubles. But despite these acquisitions, metallurgy remains the main activity.

Public and charitable activities

Altushkin is actively involved in charity work and various social projects.

This activity is directly related to work. The entrepreneur is a member of the committee on nature management and ecology of his region and pays great attention to the transfer of his production to safe technologies. RMK and related structures use new equipment to minimize or eliminate Negative influence on nature.

Igor helps in the training and education of highly qualified specialized specialists. Works with the University "Mining", which is engaged in the education of workers in the mining and mining industry.

Participates in the public life of the cities where the divisions of his company are located, organizes concerts, children's festivals, performances by famous artists.

Altushkin is the initiator of the creation of the RMK Charitable Foundation, which is under the personal control of the businessman. Fund funds go to:

  • helping many children with various serious illnesses (cerebral palsy, oncology, etc.);
  • help to orphanages, rehabilitation centers for children with disabilities;
  • assistance to children from low-income families;
  • organization of trips to health summer camps.

With the participation of a businessman, an Orthodox shelter for orphans and a charity canteen were founded.

Igor Altushkin helps the revival of Orthodox traditions, is engaged in the restoration of churches, monasteries in his region, Siberia and throughout Russia. Also supports various art projects and sports, helps beginner boxers develop their talents.

In 2017, Igor received the Order of Friendship from Russian President Vladimir Putin. Awarded for outstanding labor achievements and conscientious work.

Video. Igor Altushkin at the ceremony of presenting state awards in the Catherine's Hall of the Kremlin:

Altushkin is a father of many children, now he has 6 children. The whole family supports him in business and charity. The birth of David's son is one of the latest news in the entrepreneur's personal life.

For many years, the businessman has been included in the list of the richest Russians according to Forbes magazine. In 2017, he has already managed to earn a net income of $600 million. The dynamics of the growth of the state can be seen in the table below.

Table 1. Dynamics of changes in the state of Igor Altushkin for 2011-2017.

Igor Altushkin was born on September 10, 1970 in Yekaterinburg. The young man graduated from the Sverdlovsk Institute of National Economy. He also successfully entered and graduated from the Ural Institute of Business with a diploma.

Altushkin began his career in 1992 in the market for the sale of non-ferrous scrap. In the same year, he became the founder of the Yekaterinburg Commercial and Industrial Company. The established company began its operation in several directions, including the sale, purchase and processing of not only non-ferrous, but also ferrous scrap. In addition, the facilities of the enterprise allowed processing copper, cable and polymer products.

In 1992, Igor acted as the founder of the Aeron company, the main activity of which was the collection and processing of non-ferrous scrap. By 1994, Altushkin became the initiator of the creation of the Aeron group of companies. The holding's activity satisfies about 60% of the needs of enterprises that manufacture their products from non-ferrous metals after recycling.

In 1995, Igor Altushkin was directly involved in the formation of the Ural Mining and Metallurgical Company. Having become a member of its founders and shareholders, he begins to actively develop the holding's activities in various areas.

Igry Alekseevich in 1997 became the founder of the Uralelektromed-Vtortsvetmet company, which became the central supplier of non-ferrous metal scrap for the Ural Mining and Metallurgical Company.

The beginning of independent activity for a businessman was 2003. Igor starts the establishment own business, which gives him access to a more serious level. The following year, Altushkin decides to found the Russian Copper Company. From the very beginning, the structure of the future holding was based on the formation of a complete production cycle, starting at mining enterprises and ending on a conveyor line for the production of finished products.

In 2004, the businessman becomes the head of the board of directors of the RMK holding. From this moment begins active work aimed at the development and diversification of the business. In just a few years, thanks to the efforts of its leader, the young company was able to adequately declare itself and take third place in the list of enterprises engaged in the production of copper in the Russian Federation.

Igor Altushkin proved by his example that one can be not only a talented and successful businessman, but also an active public figure. In particular, he heads the Committee on Nature Management and Ecology of the Sverdlovsk Regional Union of Industrialists and Entrepreneurs. Thanks to this, he has the opportunity to personally monitor the impact of metallurgical and ore mining industries on the ecology of his native region.

The entrepreneur is the main founder of the charitable foundation of the Russian Copper Company, the main activity of which is to support orphanages; public rehabilitation centers for children with disabilities; children from low-income families; children left without parental care; as well as children suffering from serious illnesses.

In addition, Altushkin Igor Alekseevich is engaged in separate category social projects aimed at organizing various concerts and festivals for the younger generation. Thanks to this, children get the opportunity to personally communicate with celebrities. As a rule, educational and entertainment events are organized in cities where enterprises that are part of the structure of the Russian Copper Company operate.

With the direct support of the businessman, an Orthodox shelter for girls was organized, as well as a charity canteen. In addition, Altushkin is successfully developing several additional social projects aimed at educating children in various regions of our country.

Igor considers one of his main achievements to be the optimization of the activities of most RCC divisions, which has led to a significant increase in their profitability and environmental safety.

Igor Altushkin awards

Cavalier of the Badge of Merit "For Services to the Sverdlovsk Region" (July 27, 2016) - for special merits or outstanding achievements in the field of socio-economic development of the region.

Order of Friendship (May 24, 2017) - for special merits in strengthening peace, friendship, cooperation and mutual understanding between peoples, for contribution to the preservation, enhancement and promotion of the cultural and historical heritage of Russia, for labor successes in industry, as well as for wide charitable activities .

Honorary citizen of the Sverdlovsk region (June 27, 2017) - for outstanding achievements in the economic sphere of society, which contributed to the strengthening and development of the Sverdlovsk region.

Honorary citizen of the city of Karabash (June 13, 2017) - for making a great contribution to the economic and spiritual development of the Karabash city district and charitable activities.

Altushkin Igor Alekseevich is a major domestic manager and businessman, the founder and main owner of the Russian Copper Company, as well as several other major Russian enterprises.

Born in Sverdlovsk (Yekaterinburg) in 1970.

1992 - brilliantly graduated from the Sverdlovsk Institute of National Economy (modern USUE).

In the same period, he began a successful and vibrant career as a businessman, choosing the metallurgical industry for himself. Aeron became the first successfully implemented project. A small non-ferrous metal processing company created from scratch was able to turn into a group of companies in a short period of time.

At that moment, Altushkin Igor formed his own ability to clearly set goals and achieve them, developing optimal strategies and not being afraid to apply innovative business methods.

1993 - having only a year of experience as the head of Aeron, he confidently accepted the offer to become CEO"Ekaterinburg TPK". With the support of the team of professionals assembled by him, he was able to introduce innovative methods into the company's management policy and successfully conquer almost the entire regional market. This brought the company to a leading position among the numerous suppliers of secondary raw materials for local steel companies.

1995 - Igor Alekseevich Altushkin makes another powerful breakthrough in his career as a businessman and manager. He decides to create the company "UGM" ("Ural Mining Metallurgy"). IN this case the businessman acted as the main shareholder and co-owner. This period of his life was aimed at improving his managerial and entrepreneurial experience. It is worth recalling that at that time he was only 25 years old. However, even so young for a leader large enterprise age did not prevent the businessman from raising UGM to a leading position in a short period of time, leaving behind venerable competitors.

Until 2002, he realizes his managerial and entrepreneurial potential, holding high positions at the largest regional metallurgical enterprises, among which are Uralelectromed - Vtortsvetmet and KMZ (Kyshtym Copper Electrolytic Plant), after some time included in the structure of RMK.

2004 can be called a key year in the life of a businessman. It was at this time that Altushkin, as they say, created the Russian Copper Company from scratch. Having become its owner, chairman of the board of directors and main shareholder (the businessman owns 80% of the company's assets), he begins to take active steps to attract regional and remote enterprises to the company's structure, whose activities are directly related to metallurgy and the mining industry. During the entire existence of RMK, 11 enterprises have joined it. Today, metallurgical companies of the Novgorod, Orenburg, Chelyabinsk and Sverdlovsk regions. In addition, the holding has its own representative offices in the neighboring countries (Republic of Kazakhstan).

According to the entrepreneur himself, the success of the companies he leads and his personal success are based on a competent approach to choosing business strategies. If we talk about RMK, then the key role here was played by the involvement in the holding structure of companies that provide a full production cycle, from mining to the production of finished copper products. Thanks to this, RMK is confidently holding its own in the top three leaders of the domestic metallurgical industry.

2009 - Igor Alekseevich Altushkin becomes one of the owners of CZP (Chelyabinsk Zinc Plant), having bought out 21.5% of the company's shares. In addition, the entrepreneur acquired a half stake in EPK (Yenisei Industrial Company). The actions of the businessman saved EPK from impending bankruptcy, and the subsequent introduction of innovative management methods raised the company to one of the leading positions in the region.

Altushkin Igor Alekseevich finds time not only for active business, but also for patronage. With his direct participation, numerous projects are created and implemented aimed at developing the social, cultural and entertainment life of the region. One of the largest projects in this area is the Russian Copper Company charitable foundation. Each ruble coming into the disposal of the fund is under the personal control of a businessman. A clear distribution of charitable funds makes it possible to provide the necessary financial support to both orphanages and rehabilitation centers, as well as to individual poor families and children in need of expensive treatment.

Altushkin Igor is directly involved in the activities of the Committee on Ecology and Nature Management, and is also a member of the Board of Trustees of the NMSU "Gorny".

A wonderful family man with six children.

Igor Altushkin is a Russian entrepreneur, chairman of the board of directors of the Russian Copper Company and the Ural Bank for Reconstruction and Development. The billionaire, in the 2018 Forbes list, takes 33rd place with a fortune of $ 3.4 billion.

Education

Graduated from the Ural State Economic University.

Labor activity

In 1992, being the deputy director of NPO Zenit, he established and headed Aeron Production and Commercial Company LLC. In the same year, he founded the Yekaterinburg Commercial and Industrial Company. From 1993 to 2002, he was a member of the Board of Directors and CEO of ETPC.

In 1995 he became business partner famous businessman Iskander Makhmudov.

From 1997 to 2002, he headed OOO Uralelektromed-Vtortsvetmet as General Director.

He was a member of the directors of the Precision Splavs and Sredneuralsky Copper Smelting Plant (1997), Revdinsky Brick Plant (2000) and Kyshtymsky Copper Electrolyte Plant (in 2001 and 2002), as well as the Ural Bank for Reconstruction and Development and Sverdlsotsbank (2001).

In 2003, he sold his 15% stake in UMMC and left the management, starting to create his own metallurgical empire. The businessman bought out a controlling stake in the Kyshtymsky copper-electrolyte plant, from which the construction of the Russian Copper Company later began, which, in turn, will be joined by many smaller enterprises - the Novgorod Metal Plant, the Alexandrinsky Mining Company, the Redvinsky Non-Ferrous Processing Plant metals. Thus, RCC was rapidly gaining momentum in the Russian market.

Since 2004, the year RMK was founded, he has been the Chairman of the Board of Directors of the company.

In 2009, together with Andrey Kozitsyn, he acquired the Chelyabinsk Zinc Plant (ChZP), and in 2011, also with partners, he bought the Yenisei Industrial Company (EPK) from the structures of businessman Sergei Pugachev.

In 2011, he announced his intention to buy out an additional issue of UBRIR shares for 2 billion rubles. Currently, he is the main shareholder of the bank (almost 30%) and heads the board of directors of the credit institution.

Public activity and patronage

Chairman of the Committee on Nature Management and Ecology of the Sverdlovsk Regional Union of Industrialists and Entrepreneurs, is a member of the trustees of the National Mineral and Raw Materials University "Gorny" (former SPGGU).

He is an Orthodox philanthropist: the RCC charitable foundation established by him actively cooperates with the Russian Orthodox Church. Among other things, he financed the construction of the Church of the Nativity of Christ in the village of Naurskaya in the Chechen Republic.

Family status

He is married and has six children.