Baysarov became co-owner of one of the largest construction companies

Ruslan Baysarov bought 25% plus 1 share of building company Most, as a source close to the businessman reported to RBC. The fact is confirmed by Baysarov's representative, but he declined to say who the package was bought from or what was the price. 
29.07.2015
RBC
Origin source
According to him, the asset became interested businessman because this year he owned Tuva Energy Industry Corporation plans to start the construction of a railway line Elegest - Kyzyl - Kuragino. He will need capacity building: The project is based more than 120 bridges and eight tunnels.

Source RBC close Baysarov, claims that the businessman bought the stake from structures Gennady Timchenko.

At the end of February, the representative Timchenko owned Volga Group Anton Kurevina reported that the businessman sold his shares in the "bridge" (25% plus 1 share) to one of the existing shareholders of the company. Nevertheless, the press service of the UK "Bridge" of purchase denied.

According to RBC's source close Baysarov, shareholders had not been able to pay off Timchenko and the deal never took place, so had found another buyer. A source close to Timchenko, confirms that in February, the deal fell through, and a few months ago with the proposal made Baysarov: "His condition coincided with the expectations of the Volga Group». Kurevina limited commentary that the Volga Group no longer owns "Ost ". SC representative of the "Bridge" says a deal he did not know.

According to Director General of «Infoline-Analysis" Mikhail Burmistrov, the transaction value could be from 7 to 10 billion. Rubles. taking into account the commitments to orders. The deal could be interesting especially considering attracting IC "bridge" to the construction of the railway line "Elegest - Kyzyl - Kuragino." With a total investment volume of more than 200 billion rubles, the expert said. He added that due to this the UK "Bridge" project will be loaded with orders until 2018 inclusive, which will improve the company's financial performance and increase its shareholder value.

Group Insurance Company "Bridge" was founded by the builders of BAM Vladimir Kostyleva and Evgeny Shur. In 2012, 25% (with an option to increase the package) purchased Gennady Timchenko, who had planned on the basis of their asset building a single holding, but these plans were not realized.

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The most famous project implemented IC "Bridge" - buildselstvo bridge on the Russian island in Vladivostok. The company's revenue, according to Forbes, in 2013 was 66 billion rubles. IC "bridge" among the five largest contractors for construction of the Moscow metro, in 2013 the share of companies accounted for 9% of the total construction value of the contracts amounted to about 7 billion rubles.

For Ruslan Baisarov, whose fortune, according to Forbes, is $ 0.9 billion, this is not the first purchase of a company engaged in the construction of infrastructure. In late 2013 he bought 30% of the largest at that time, the contractor of "Gazprom" - "Stroygazkonsalting" Ziyad Manasira (EPDM representative then claimed that the deal was worth $ 4.8 billion). In June 2014 representatives Baysarov stated that it increased its stake to 74.1%. But by the time "Stroygazkonsalting" has lost the main orders of "Gazprom". Unable to restore relations with the main customer, the company faced significant financial difficulties. As a result, in the spring of 2015 it was announced that 100% of the company and the investment fund bought Gazprombank UCP Ilya ShCherbovicha. The transaction amount was not disclosed. As the storyyvali previously RBC sources Scherbovich working on the restructuring of the company, which resulted in its assets may be divided among several owners, including Baysarov.