Igor Rotenberg
Igor Rotenberg | |
---|---|
Born | May 9, 1973 |
Nationality | Russian |
Occupation | Heir |
Igor Rotenberg (Russian: Ротенберг, Игорь Аркадьевич born 9 May 1973)[1][2] is a Russian billionaire businessman, and the oldest son and heir to Arkady Rotenberg,[3] Russian billionaire businessman and co-owner with brother Boris Rotenberg, of the SGM (Stroygazmontazh) group.[4] The Rotenbergs are closely associated with Vladimir Putin.[5] In October 2018, Igor Rotenberg's wealth was estimated to be $1.1 billion.[6][7]
As for December 2023, he sold all of his assets in Russian.[8]
Igor was the majority shareholder in Gazprom Drilling.[9][10]
Early life and education
[edit]Igor Rotenberg was born on 9 September 1974 in Leningrad to Arkady Rotenberg.[1] In 2002, he graduated from the Higher School of Privatization and Entrepreneurship (Russian: "Высшей школе приватизации и предпринимательства" (ВШПП)) in Pushkino, Moscow, and received his PhD in Law in 2005 in Kaliningrad at the Kaliningrad Law Institute of the Ministry of Internal Affairs of Russia of the St. Petersburg University of the Ministry of Internal Affairs of Russia.[1][11][12][13]
Career
[edit]From 2002 to 2003, he was the Deputy Head of the Department of Property of the Fuel and Energy Complex in the Ministry of Property of Russia which later became Federal Agency for State Property Management in 2004.[11] From 2003 to 2004, he was the Head of the Department of Transport and Telecommunications Property for the Property of Russia.[11] From 2004 to 2005, he was the Vice-President of Russian Railways OJSC and acted as the Head of the Department of Property Management and Organizational Structures.[11] Since 2006, he is the owner and the chairman of the board of directors of the Moscow-based NPV Engineering Group.[11][14][a] Since 2008, he is the Vice-President of the design bureau CB "Northern Sea Route" (Russian: конструкторское бюро ЦБ "Северный морской путь" (Севморпуть)).[11] Since 2010, he is the chairman of the board of directors of Mosenergo Heat and Power Company.[11] Since 2011, he is the chairman of the board of directors of Gazprom Burenie LLC (Burgaz).[11]
In 2015, Arkady Rotenberg sold his son Igor Rotenberg a number of assets including up to 79% of Gazprom Drilling (Bureniye),[16] 28% of the road construction company Mostotrest,[17][b] and 33.3% of Jersey-based TPS Real Estate Holdings Ltd.[20][21] Alexander Ponomarenko and Aleksandr Skorobogatko own 66.6% of TPC Real Estates Holdings.[20][22][23]
It was reported that Arkady Rotenberg made this move after being placed on the U.S. sanctions list.[24]
In 2015, OJCS TPS Real Estate (Russian: ОАО "ТПС недвижимость") is one of the largest commercial real estate developers in Russia that manages several shopping centers in Russia and Ukraine.[21] It is 100% owned by TPS Real Estate Holding Ltd.[21] It owns the Krasnodar Gallery (Russian: ТРЦ "Галерея Краснодар"), Sochi's Moremoll (Russian: ТРЦ "Моремолл"), and Kiev's Ocean Plaza (Russian: ТРЦ "Ocean Plaza"). It is building the Novosibirsk Gallery (Russian: ТРЦ "Галерея Новосибирск") and Moscow's Slavyansky Boulevard metro station and Polezhayevskaya metro station.[21] At the end of 2016, TPS Real Estate managed 12 shopping center with a total area of over 2 million square meters.[21]
In 2016, Igor Rotenberg was at the center of a controversy surrounding Platon (Russian: ПЛАТОН), a company he half-owns, and alleged discrepancies in its contracts with the federal road agency, Rosavtodor.[25] Operated by RT Invest, the Platon toll system electronically tracks and charges tolls to trucks over 12 tons on Russian Federal roads.[26] With a 25% ownership by Rotenberg and using satellite tracking data, ScanEx (Russian: ООО "ГК Сканэкс"), a subsidiary of RT Invest, is developing an electronic map of the 50,000 km (31,000 mi) of Russian federal roads in order to track vehicles for payment to Platon.[27][c] Approved on 29 September 2014 by Roman Starovoyt (Russian: Роман Старовойт), who is the head of Rosavtodor, and Alexander Sovetnikov (Russian: Александр Советников), who is the director of RT – Invest Transport Systems (RTITS) (Russian: "РТ-Инвест Транспортные системы"), Rotenberg, through his companies,[d] is guaranteed to receive from the state budget a very large portion of the 10.6 billion rubles indexed to inflation each year without VAT (4.98 billion rubles paid semi-annually) from 15 November 2015, to 29 September 2027, which is paid to the Planton & RT Invest partnership.[26] After this was revealed, a large strike across Russia by truck drivers occurred on Russian federal highways beginning November 2015.[28] On 28 November 2015, Anton Nosik alleged that the state would be missing large sums of money from the Avtodor GC (Russian: ГК «Автодор») tolls between the 15th km (Businovskaya intersection on the Moscow Ring Road) to the 58th km (Solnechnogorsk) along M11, which had been applied as maintenance fees not only to truck drivers but to all drivers and were not to be paid until the M11 project was completed, but were being charged to all motorists beginning on 23 November 2015.[29][30] He alleged that the missing money from the budgeted funds for the construction of the M11 as well as both the future moneys from Avtodor GC and the PLATON systems had been diverted to the Rotenburgs' pockets through real estate money laundering investments in Miami.[29] Instead of the expected total revenues from Platon of 20 to 40 billion rubles, the actual revenues were 25% or less than those figures.[31]
On 29 March 2018, Igor sold his 33.3% stake in TPS Real Estate Holdings for $1 billion to his sister Liliya Rotenberg (Russian: Лилия Аркадьевичнa Ротенберг born 17 April 1978).[7][20][32]
Sanctions
[edit]On 6 April 2018, Igor Rotenberg and his NPV Engineering Group were placed under United States sanctions.[3][33][34][35]
On 22nd February 2022, Igor Rotenberg was placed under sanctions by the UK government as part of the 2021-2022 Russo-Ukrainian crisis.[36][37]
On 8 April 2022, Igor Rotenberg was placed under sanctions by European Union.[38]
On 19 October 2022, Igor Rotenberg was placed under sanctions by Ukraine.[39]
Wealth
[edit]In October 2018, Igor Rotenberg had an estimated wealth of $1.1 billion by Forbes.[6]
Personal life
[edit]He is married, and has three children.[6]
Notes
[edit]- ^ In 2015 to reduce Russia's dependence of imports of antimony trioxide, the NPV Engineering Group of Moscow began building a plant for the production of antimony trioxide in Degtyarsk, Sverdlovsk.[15]
- ^ While he was the Minister of Transport of the Russian Federation from 20 May 2004 to 2012, Igor Levitin ensured in 2010 that Arkady Rotenberg's firms would construct the toll roads on Russian federal highways.[18][19]
- ^ Competitors of ScanEx are Sovzond (Russian: "Совзонд"), Data East (Russian: "Дата Ист"), and others.[27]
- ^ Igor Rotenberg owns RTITS and co-owns RT-Invest with Andrey Shipelov's (Russian: Андрей Шипелов) Tsaritsyn Capital (Russian: ООО "Царицын Капитал") and Rostec (Russian: "Ростех").[27]
References
[edit]- ^ a b c "Аркадий Ротенберг: мы живем в условиях жесткой конкуренции, но она нас не пугает: Предприниматель рассказал "Интерфаксу" о влиянии санкций на бизнес, о своей дружбе с Путиным и о продаже части активов старшему сыну" [Arkady Rotenberg: we live in tough competition, but it does not scare us: The businessman told Interfax about the impact of sanctions on business, about his friendship with Putin and about the sale of part of the assets to his eldest son] (in Russian). Interfax. 30 October 2014. Retrieved 23 October 2018.
- ^ "Ротенберг Игорь Аркадьевич биография и пресс-портрет". whoiswho.dp.ru (in Russian). Retrieved 3 September 2024.
- ^ a b Isachenkov, Vladimir (6 April 2018). "A look at some of the Russian officials hit by US sanctions". The Washington Times. Associated Press. Retrieved 3 October 2018.
- ^ "Arkady Rotenberg". Forbes. Retrieved 3 October 2018.
- ^ Dawisha, Karen (2014). Putin's Kleptocracy: Who Owns Russia?. Simon & Schuster. ISBN 978-1-4767-9519-5.
- ^ a b c "Igor Rotenberg". Forbes. Retrieved 23 October 2018.
- ^ a b "Игорь Ротенберг продал долю в TPS Real Estate своей сестре за неделю до санкций" [Igor Rotenberg sold a share in TPS Real Estate to his sister a week before the sanctions]. Vedomosti (in Russian). 24 April 2018. Retrieved 23 October 2018.
- ^ Markind, Daniel. "Putin Faces Economic Risks His Energy Holdings May Not Prevent". Forbes. Retrieved 9 October 2024.
- ^ "Russia's oligarchs-in-waiting | The Japan Times". Japan Times. Retrieved 3 October 2018.
- ^ "Игорь Ротенберг вышел из капитала крупнейшего бурового подрядчика "Газпром бурение"". Interfax.
- ^ a b c d e f g h "Кто есть кто: Ротенберг Игорь Аркадьевич" [Who Is Who: Rotenberg Igor Arkadyevich]. Delovoy Petersburg (in Russian). Retrieved 23 October 2018.
- ^ "Недвижимое имущество как объект гражданских прав" [Real estate as an object of civil rights]. Kaliningrad Law Institute of the Ministry of Internal Affairs of Russia (in Russian). 1 January 2005. Archived from the original on 4 March 2016. Retrieved 23 October 2018.
- ^ Abstract: Real estate as an object of civil rights Archived 4 March 2016 at the Wayback Machine by Rotenberg, I. A. (Igor Arkadyevich), published by the library of the Faculty of Law at the Scientific Library. M. Gorky St. Petersburg State University, updated 16 December 2009.
- ^ "Company Overview of NPV Engineering". Bloomberg Business. Retrieved 25 October 2018.
- ^ "Игорь Ротенберг вложился в завод по производству сурьмы" [Igor Rotenberg invested in antimony plant] (in Russian). Interfax. 14 July 2015. Retrieved 25 October 2018.
- ^ Farchy, Jack (9 August 2015). "US frustrates Russian oligarchs' cat and mouse over sanctions". Financial Times. Retrieved 3 October 2018.
- ^ Пастушин, Алексей (Pastushin, Alexey) (23 July 2018). "Партнер друзей Путина: чем известен спонсор "русской шпионки" Бутиной" [Partner of Putin's friends: what is known for the sponsor of the "Russian spy" Butina]. Forbes (in Russian). Retrieved 18 October 2018.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ Сагдиев, Ринат (Sagdiev, Rinat) (20 September 2010). "Платные дороги в России строят только знакомые Владимира Путина: Через несколько лет в России появятся две первые платные дороги. Обе идут из Москвы и строятся фактически на государственные деньги. За обеими стоят петербургские знакомые Владимира Путина: Юрий Ковальчук и Аркадий Ротенберг" [Only Putin's friends build toll roads in Russia: In a few years, the first two toll roads will appear in Russia. Both come from Moscow and are actually built on public money. Behind both are Vladimir Putin’s Saint Petersburg acquaintances: Yuri Kovalchuk and Arkady Rotenberg]. Vedomosti (in Russian). Retrieved 27 October 2018.
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: CS1 maint: multiple names: authors list (link) - ^ "Левитин, Игорь Евгеньевич" [Levitin, Igor Yevgenyevich]. kremlin.ru (in Russian). Retrieved 27 October 2018.
- ^ a b c "Партнеры Аркадия Ротенберга наняли лоббистов в США: Совладельцы аэропорта Шереметьево Александр Пономаренко и Александр Скоробогатько наняли фирму для лоббирования своих интересов в США. Оба бизнесмена – давние партнеры попавшего под санкции Аркадия Ротенберга и его сына Игоря" [Arkady Rotenberg's partners hired lobbyists in the US: Sheremetyevo Airport co-owners Alexander Ponomarenko and Alexander Skorobogatko hired a company to lobby their interests in the United States. Both businessmen are longtime partners who fell under the sanctions of Arkady Rotenberg and his son Igor]. RBC (in Russian). 19 April 2018. Retrieved 23 October 2018.
- ^ a b c d e Ляув, Бэла (Love, Bela); Филатов, Антон (Filatov, Anton) (17 May 2015). "Структура Игоря Ротенберга может построить транспортно-пересадочный узел: Размер инвестиций – до $340 млн" [The structure of Igor Rotenberg can build a transport hub: Investment size – up to $340 million]. Vedomosti (in Russian). Retrieved 25 October 2018.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ Bosilkovsky, Igor (30 January 2018). "Treasury Department's Russia Oligarchs List Is Copied From Forbes". Forbes. Retrieved 23 October 2018.
- ^ "Игорь Ротенберг выкупил у отца "Газпром бурение" и долю в "ТПС Недвижимости"" [Igor Rotenberg bought out of his father Gazprom drilling and a share in TPS Real Estate] (in Russian). Interfax. 30 October 2014. Retrieved 23 October 2018.
- ^ Ensign, Rachel Louise (12 February 2015). "Russian Asset Sales Muddy Sanction Compliance". The Wall Street Journal. ISSN 0099-9660. Retrieved 3 October 2018.
- ^ "Moscow Court Orders Rotenberg Company to Reveal Platon Tax System Deal". Retrieved 3 October 2018.
- ^ a b Телегина, Наталия (Telegina, Nataliya) (29 December 2018). "Версия Навального: как зарабатывает оператор системы "Платон": Компания-оператор системы "Платон" до 2027 года будет гарантированно получать из бюджета 9,9 млрд руб. в год, вне зависимости от выставленных штрафов, следует из документа, опубликованного Алексеем Навальным" [Navalny version: how the operator of the Plato system earns: The company-operator of the system "Plato" until 2027 will be guaranteed to receive from the budget 9.9 billion rubles. per year, regardless of the fines imposed, follows from a document published by Alexei Navalny]. RBC (in Russian). Retrieved 26 October 2018.
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: CS1 maint: multiple names: authors list (link) - ^ a b c Новый, Владислав (Novoy, Vladislav) (18 November 2015). "Вышли на трассу: Кто участвует в создании системы "Платон"" [Out on the track: Who is involved in the creation of the system "Plato"]. Kommersant (in Russian). Retrieved 26 October 2018.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ "Греф: дорожные сборы с дальнобойщиков усилят инфляцию на 1,5%" [Gref: road tolls charged to truckers will increase because of inflation by 1.5%] (in Russian). BBC. 23 November 2015. Retrieved 26 October 2018.
- ^ a b Но́сик, Анто́н (Nosik, Anton) (28 November 2015). "Налог на содержание Ротенбергов касается не только дальнобойщиков" [The Rotenberg maintenance tax does not only apply to truckers]. Echo of Moscow (in Russian). Archived from the original on 5 December 2015. Retrieved 24 March 2021.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ Лукина, Ольга (Lukina, Olga); Галактионова, Александра (Galaktionova, Alexandra); Мироненко, Петр (Mironenko, Petr). "«Пешком до Шереметьево»: чем обернулся ввод платы на трассе М11 203" ["Walking distance to Sheremetyevo": what has happened with the introduction of the board on the M11 highway]. РБК (RBC) (in Russian). Archived from the original on 6 December 2015. Retrieved 24 March 2021.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ "Минтранс: "Платон" собирает в два раза меньше денег, чем ожидалось" [Ministry of Transport: "Plato" collects a quarter the money expected] (in Russian). BBC. 16 March 2016. Retrieved 26 October 2018.
- ^ "Родственная сделка: почему Игорь Ротенберг продал долю в TPS Real Estate: Игорь Ротенберг, который с 6 апреля находится в санкционном списке Минфина США, за неделю до этого вышел из состава акционеров девелоперской компании TPS Real Estate. Новым совладельцем стала его сестра Лилия Ротенберг" [Related transaction: why Igor Rotenberg sold his stake in TPS Real Estate: Igor Rotenberg, who has been on the sanctions list of the US Treasury since 6 April, a week before, left the shareholders of the real estate development company TPS Real Estate. New sister was his sister Lilia Rotenberg]. RBC (in Russian). 24 April 2018. Retrieved 23 October 2018.
- ^ "Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity". treasury.gov. 6 April 2018. Retrieved 23 October 2018.
- ^ "Ukraine-/Russia-related Designations and Identification Update; Syria Designations; Kingpin Act Designations; Issuance of Ukraine-/Russia-related General Licenses 12 and 13; Publication of New FAQs and Updated FAQ". treasury.gov. 6 April 2018. Retrieved 23 October 2018.
- ^ Burke, Richard; Erb, Nicole; Delelle, Claire A.; Zissis, Kristina; Brayton-Lewis, Cristina (11 April 2018). "US Sanctions Prominent Russian Individuals and Companies". White & Case. New York City. Retrieved 25 October 2018.
- ^ "Boris Johnson announces UK sanctions against Russia". BBC News. 22 February 2022.
- ^ "Britain sanctions five Russian banks, three individuals including Timchenko". Reuters. 22 February 2022.
- ^ "Official Journal of the European Union". Official Journal of the European Union. 65: 15. 8 April 2022.
- ^ https://www.president.gov.ua/documents/7272022-44485 УКАЗ ПРЕЗИДЕНТА УКРАЇНИ №727/2022, 2022-10-19