Abramovich and Deripaska will become co-owners of Rosa Khutor

Roman Abramovich and Oleg Deripaska, through Norilsk Nickel, will become co-owners of Rosa Khutor, the largest ski resort in Russia. Norilsk Nickel will invest more than $250 million in its development.
29.04.2016
RBC
Origin source

The board of directors of "Norilsk Nickel" at a meeting April 27 has decided to support the Olympic ski resort "Rosa Khutor", the press service of "Norilsk Nickel". It said in a statement that the decision was made in accordance with the program of support for grassroots sports development in Russia.

The Board of Directors decided that in 2016-2017, "Norilsk Nickel" will acquire shares Belfund Investments Limited for $ 250.5 million (the package is not disclosed). According to "SPARK-Interfax», Belfund Investments Limited is registered in Cyprus and controls 99.08% of the company "Sport Invest" one hundred percent owner of OOO "Rosa Khutor". According to "SPARK-Interfax", the company's revenue in 2014 amounted to 1.96 billion rubles, net loss -. 16.8 billion rubles. (More recent data are not available). The representative of "Rosa Khutor" did not respond to calls RBC.

So far the only owner of "Rosa Khutor" - holding "Interros" Vladimir Potanin (Forbes estimates his fortune at $ 12.1 billion). "Interros" owns 30.3% of shares "Norilsk Nickel". Also Potanin's largest shareholders, "Norilsk Nickel" are the UC Rusal Oleg Deripaska (with the state, according to Forbes, $ 2.1 billion) and Crispian Investment Ltd Roman Abramovich ($ 7.6 billion), and Alexander Abramov ($ 3.6 billion). UC Rusal owns 27,8% of "Norilsk Nickel», Crispian - 6,3%.

For the "Norilsk Nickel" is a non-core investments and the planned costs of $ 250 million - about 7% of the company's EBITDA forecast for 2016, said a senior analyst of "Aton" Andrew Lobazov. But the company's dividend stream transaction is not reflected in the near future, he said. Under the agreement, the shareholders, "Norilsk Nickel" aims at a dividend of 60% EBITDA (if net debt does not exceed 1,8 EBITDA). During 2015 the Board of Directors recommended payment of a dividend of about $ 550 million.

The representative of "Norilsk Nickel" did not respond to RBC, as representatives of the shareholders of the company in its board of directors voted on the issue of the purchase of shares in the "Rosa Khutor". The representative of the "Interros" at the time of publication of the article, this issue has not commented. Press service of UC Rusal has not responded to a request to RBC, representatives of Abramovich and Abramov refused to comment.

The resort "Rosa Khutor" located in Sochi, in Krasnaya Polyana, and YaVone to the largest ski resort in Russia: 100 km of slopes, ten hotels 1,650 rooms and 1.7 thousand apartments.. According to the resort, in 2015 it was visited by 1.35 million people with a daily capacity of 10.5 thousand. People.

A source in the "Interros" said that "Norilsk Nickel" the funds will be invested in the development of the resort. According to him, due to this, "Rose Farm" will be built 23 km of new routes and additional lifts, which will increase its capacity to 20 thousand. Man.

Investments of $ 250 million - is the maximum cost of the development of "Rosa Khutor" for the next three years, said a representative of "Norilsk Nickel" Peter Liholitov. funding program, he said, is aimed at the conversion of the Olympic resort in the tourist development of new slopes and lifts, as well as its transformation into a year-round. "Norilsk Nickel" has traditionally supported socially important sports projects in Russia. Among the most famous - PBC CSKA Moscow, the Russian Football Union, "- he stressed.

According to Forbes, Potanin has invested in the construction of ", Rosa Khutor "about $ 2.2 billion, including about $ 500 million of its own funds, the remaining amount was financed mainly by a loan from VEB (the size of 72.8 billion rubles.). While on his repayment moratorium, but the 2017 "Rose Farm" will begin to repay the loan. The popularity of the resort allows you to begin to service the debt, he said a month ago, RBC federal official involved in the discussion of the Olympic loans.

Deripaska, who after UC Rusal stake in "Norilsk Nickel" will be one of the owners of "Rosa Khutor", also participated in the Olympic construction. In Sochi, it belongs to the structures of the LCD "Imereti". This 3 thousand. Apartments where the athletes during the Olympic Games in Sochi lived. According to the bank, the project budget is 25.3 billion rubles, VEB loan -. 22.3 billion.

As previously wrote RBC, due to the devaluation of the ruble last winter demand for New Year's tours fell by 30%. But the demand for holidays in the country in 2015 increased: according Anywayanyday.com site, the share of Russian trends in the structure of demand has increased to 36 from 20% in 2014. Sales of tickets to Sochi on the New Year's holidays in the autumn of 2015 has grownand about 30%. In the winter season, several tour operators began to buy blocks of seats on scheduled flights to Sochi, told RBC director of marketing for Travel Business Service Konabeeva Maria.

Who else owns real estate in Sochi

Ski resort Alexander Tkachev

The ski resort "Gorki Gorod" was built for the 2014 Olympics in Sochi. The site "Gorki town" indicates that a part of the resort consists of seven luxury hotels 996 rooms, ski complex "Mountain Carousel", which includes 25 km of ski slopes area of ​​1.5 million square meters. m and a five-level shopping and entertainment center.

The total costs of this project amounted to 70.3 billion rubles, including 52 billion -. VEB loans.

In October last year, Sberbank, owning at the time the asset, put it up for sale at the price of 35 billion rubles. The only company to bid turned LLC "Plus Resort". Earlier, RBC reports referring to its sources wrote that the buyer of the resort was the structure, close to the Minister of Agriculture Alexander Tkachev.

In October, Forbes, citing a source wrote, Thuresort "Gorki Gorod" was purchased based on the opening of a gambling zone in Sochi. In July last year, Russian President Vladimir Putin signed amendments to the federal law "On state regulation of gambling business", which provide for the creation of the new gambling zone in the Crimea and the transfer of the gaming cluster in the Krasnodar region out of Anapa to Sochi. At the same time, RBC wrote that one of the most likely places to accommodate new gaming area, a complex of "Gorki Gorod". The interlocutor of "Sheets", the owner of one of the hotels in Sochi, told the newspaper that discussed the issue of establishing a casino in "Gorky city."

Two of the hotel instead of one for Victor Vekselberg

Hotel Azimut Hotel Sochi 3 * 2880 rooms located a ten minute walk away from the race track, "Formula 1" and the Olympic Park, according to the booking.com site. On its territory there are five outdoor swimming pools, shops, a gym, tennis courts, playground and a kids club.

Initially, the site Azimut Hotel Sochi resort of the former owner of the Cherkizovsky market in Moscow Telman Ismailov was planning to build the largest inRussian set of premium hotels. But in 2010, his AST Group has disappeared from the list of Olympic investors and build a hotel on the site intended Ismailov offered by billionaire Viktor Vekselberg. The construction involved in the structure of "Renova" company "Top Project". Several times in the hotel operators have changed, and only in 2013 a contract was concluded with the present - a network of Azimut Hotels Alexander Klyachin.

The area which has got Vekselberg granted, was divided into two parts understudy Resort prospectus, passed along the coastline, of Forbes wrote. Therefore, as a result of the businessman had to build not one but two hotel complex. Investments in these facilities amounted to 16 billion rubles.

In May 2015 one of the four-star hotel complex with 720 rooms was closed and transferred to a specially created in Sochi center for children.

44 billion rubles. by Oleg Deripaska

Complex "Imereti Riviera" is located on 73 hectares of coastal territory in the Adler district and is a 58 towers of different heights to 2.7 thousand. Apartments.

constructionth resort area engaged in "Basic Element" Oleg Deripaska. In 2007, the company planned to invest in the project "Imereti Riviera" $ 2 billion, wrote "Vedomosti". He was to become one of the largest in Russia. Then, "Basic Element" was going to build more than 1 million square feet. meters of real estate, including trading, exhibition and conference halls.

In 2014, Forbes wrote that the "Basel" Deripaska has invested in the Olympic Games, a total of 44.2 billion rubles. He reconstructed the city airport, built the Olympic village and the main cargo port of Imereti.

Hotels for Arsen Kanokov

Radisson Blu Paradise Resort & SPA Sochi - is a five-star hotel 508 rooms, located 10 km from Sochi Airport. "Harp Park-Hotel" with 150 rooms is located near the theme park "Sochi-Park", the Olympic Village and the Olympic Park with the track "Formula 1".

Owner of both hotels - founder of the holding company "Sindica" Arsen Kanokov. In November 2015, in an interview, "RBC-South", he said, that has invested in Radisson 8 billion rubles. andplans to invest another 2 billion. The expansion of the congress hall, the construction of the water park businessman assessed as early as 500 million rubles. The "Harp Park", he said, has invested about 2.5 billion rubles.

Initially, both hotels had to build a pension holiday "Chernomorets", together with the founder of the company PIK Group Yuri Zhukov Klever Asset Management, Forbes wrote in 2014. However, in 2012 a lease area that investor in the Imereti lowland was invalid at the suit of Sochi City Hall.