In February, the company "Eurocement group" was headed by a former top manager of Sberbank.
The owner of Eurocement Group has been developing on credit all his life, despite the crisis.
The owner of Eurocement Filaret Galchev lost almost $700 million in a month and a half. This happened after the margin-call of the Sberbank loan, where he had encumbred a 6.12% stake in cement producer LafargeHolcim in January.