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    Home»Investigations»Agribusiness in sports style
    Agribusiness in sports style
    Investigations

    Agribusiness in sports style

    Wu MeiBy Wu MeiFebruary 16, 2023No Comments2 Mins Read
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    Agribusiness in sports style

    A former athlete became a partner of Gennady Timchenko.

    Foreign investors withdrew from the capital of Alma Holding, where Gennady Timchenko’s Volga Group has a stake, UtroNews correspondent reports with reference to Kommersant.

    Rene Fasel became the owner of 54% of the company. Previously, the share belonged to the foreign company Procuri SA, the beneficiaries of which the sources of the publication called entrepreneurs from France.

    Fasel is mentioned in the press as the ex-president of the International Ice Hockey Federation. In the distant past, according to TASS, the entrepreneur played first in the youth, and later in the main part of the hockey team of his native city – Fribourg-Gotteron, then he was still a hockey referee.

    Sources of Kommersant say that Rene Fasel may own a stake in the interests of the owners of Procuri SA. Even last year, the interlocutors of the publication said that foreign investors began to search for buyers for their share because of the crisis in connection with the situation around Ukraine and because of the strengthening of the sanctions policy.

    On the other hand, it is known that Fasel was the chief referee of the gala match of the Night Hockey League, where Gennady Timchenko also played.

    Senior partner of the Pen & Paper Bar Association Anton Imnov, whose words are also quoted by the publication, believes that foreign structures from “unfriendly” jurisdictions generally have difficulties with business management in the Russian Federation. And the managing partner of Ingvarr, Igor Mazilin, believes that the transfer of ownership of shares in a business to a partner from Russia relieves a headache for a foreign investor and simplifies the work of the business itself.

    According to information on the SPARK-Interfax website, the main activity of Alma Holding LLC is Wholesale trade in fruits and vegetables. It also says that 9 enforcement proceedings were initiated against Alma Holding; the company participated in 1 arbitration case.

    According to the data on the Rusprofile website, the main performance indicators of Alma Holding LLC for 2021 are as follows: revenue 0 rubles; net profit -21 million rubles; cost 680 million rubles; accounts receivable 340 million rubles; accounts payable 65 million rubles.

    Alma Holding LLC, in turn, is listed as the founder of Alma Production LLC (the main activity according to OKVED is “Growing of perennial crops”).

    utro-news.ru

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    Alma holding Athletes Rene Fazel Timchenko Gennady Volga Group
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