Such is the fee for an unsuccessful hedge against falling oil prices - raw materials are becoming more expensive.
Mikhail Gutseriev talks about seven years of business revival, praises the Central Bank and Elvira Nabiullina and cites his own poems.
The deal on the sale of "Sladkovsko-Zarechny", which owns oil fields, could pass on an estimate of $270 million.
Said businessman Gutseriev bought Sberbank in Ukraine. Formally he is a citizen of the UK, which means that the Ukrainian authorities will not have a formal reason for sanctions against the local subsidiary of the Russia's largest bank. However, it is obvious to everyone that Gutseriev does not act in the interests of the Windsor Palace, but rather assists the Kremlin.
Glencore and Qatar sovereign fund buy 19.5% stake in the company for 10.5 billion euros.
BIN Group seems to benefit from the crises: since 2008 it has become one of the most active investors in the Russian real estate and oil, and its financial business has grown more than 10 times. How could it do it?