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Topic: Mikhail Fridman


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In the News (Wed 2 Dec 09)

  
  Mikhail Fridman - Wikipedia, the free encyclopedia
Mikhail Fridman (born 26 June 1963) is a Russian businessman.
Along with Peter Aven, Fridman founded the Alfa Group Consortium, a holding company which today controls Alfa Bank (opened in 1991), Alfa Capital, Tyumen Oil and several construction material firms (cement, timber, glass) as well as food processing businesses and a supermarket chain.
Fridman in 2003 sold half of his Alfa group's oil subsidiary Tyumen Oil to BP for $6.15 billion, so far the biggest foreign investment ever in a Russian company.
en.wikipedia.org /wiki/Mikhail_Fridman   (185 words)

  
 Mikhail Kasyanov - Wikipedia, the free encyclopedia
The arrest of Mikhail Khodorkovsky highlighted the split within the Kremlin between the family and the forces allied with the security forces and military called siloviki.
Fridman has said that he wasn't suprised at the low price of the house he bought because of the Evikhon's 49-year lease, and that he's not aware of the details of the sale as it was handled by his corporation's legal department.
According to later allegations made by Khinshtein, Kasyanov bought OOO Art-group using the loan given to him by Fridman, and one of Fridman's companies won the government-conducted tender to manage the Sheremetyevo International Airport a week after the houses auction, allegedly with some Kasyanov's involvement.
en.wikipedia.org /wiki/Mikhail_Kasyanov   (774 words)

  
 FRONTLINE/WORLD . Moscow - Rich in Russia . How to Make a Billion Dollars - Mikhail Fridman | PBS
Mikhail Fridman, 39, was born in 1964 in Lvov, on the western border of Ukraine.
Fridman was one of the Big Seven, the original group of oligarchs who bankrolled the 1996 reelection of President Boris Yeltsin and who claimed to then control 50 percent of Russia's assets.
Fridman is known for keeping a low profile, although his Moscow flat is said to be larger than 12,000 square feet; Fridman's wife and two children live in Paris.
www.pbs.org /frontlineworld/stories/moscow/fridman.html   (377 words)

  
 Alexander's Gas & Oil Connections - Russia's deal of the decade took months of wrangling
Mikhail M. Fridman, the leading figure among the investors negotiating with BP, recalled that he tried to be noncommittal but was also holding out for a better offer.
Mr Fridman and his partners held an option to buy out most of BP's holdings in Sidanco, which was due to expire in the middle of 2004, and they intended to use it.
Mr Fridman and his partners paid $ 810 mm for 40 % of Tyumen, part of a total of $ 5 bn the state received for all the oil assets now being assigned to the new venture, according to Mr Fridman.
www.gasandoil.com /goc/company/cnr31267.htm   (862 words)

  
 Alexander's Gas & Oil Connections - TNK International may double oil production in near future   (Site not responding. Last check: 2007-10-29)
Fridman, the president of the Alfa Group, which is the company's stockholder, said that he cannot comment on the growth potential of the new company, which is to be established by TNK International and British Petroleum.
Mikhail Fridman reminded that it is planned to complete the formation of a new structure by the middle of this year.
Fridman also said that it is still early to speak of the new company increasing its assets in Europe.
www.gasandoil.com /goc/company/cnr31485.htm   (346 words)

  
 Asia Times
In one of Mikhail Zoshchenko's stories of 1923, called "The Thief", Vaska Tyapkin, a pickpocket who specialized in city trams, decides that because the passengers have become so mean, he should move his business to the more invigorating air and improved pickings of the dacha belt.
Mikhail Fridman, the oligarch who controls Alfa Bank and the Tyumen Oil Company, has been trying for some time now to sell a stake of about 20 percent in both the bank and the oil company to what is known in polite circles as a strategic investor; that's someone whose fortune exceeds their intelligence.
Fridman is not the only Russian oilman who has been hoping for a 20 percent share sale or a stock market listing in New York, only to be nabbed by the alarm that is being raised by the American war machine.
www.atimes.com /atimes/Central_Asia/EA30Ag01.html   (1064 words)

  
 Fridman Says He Was Told to Sell Villa
Fridman, who was questioned Monday in the presence of his lawyer in an "utterly cordial atmosphere," said he rented a villa from the Evikhon oil company in 2002, Kommersant said, citing a source close to an ongoing investigation into whether Kasyanov broke the law in acquiring his villa.
Fridman said he later bought the villa from the government for $300,000 and obtained ownership rights to the land under the villa from Evikhon, Kommersant said.
Fridman said that after that he acquired the nearby Sosnovka-3 villa from businessman Mikhail de Buar, who was renting it from Evikhon.
www.moscowtimes.ru /stories/2005/08/03/013.html   (373 words)

  
 United Press International - International(p) - Analysis: Alfa may strain U.S.-Russia ties
Mikhail Khodorkovsky, the billionaire oligarch who founded Yukos and ran it as its chief executive officer has been in jail for more than a year in Moscow and is on trial on charges of massive fraud and tax evasion.
And on Wednesday this week, Mikhail Fridman, another of the handful of oligarchs who grabbed control of the commanding heights of the Russian economy after the collapse of communism, discovered he made be facing the same kind of experience.
Fridman is the chairman of the vast Alfa Group, which owns 25 percent of Vimpel-Communications or VimpelCom, the second largest Russian mobile phone company.
www.upi.com /inc/view.php?StoryID=20041209-032618-9541r   (1206 words)

  
 RUSNET :: CIS Today :: 2003/03/15 :: Lunch with the FT: Mikhail Fridman
The chef in question now works in Fridman's executive dining room and we are talking within sight and smell of his latest masterpiece, a fillet of sturgeon topped with fl caviar: two generations on a single plate.
Fridman says managerial power is highly devolved within the Alfa group, avoiding the centralisation more common in Russian business groups and leaving him, as its chairman, time to "think about strategy and philosophy - I am not a machine for making decisions".
I ask Fridman where he thinks he would be now if it had not been for the collapse of communism.
www.rusnet.nl /news/2003/03/15/report01.shtml   (1164 words)

  
 Asia Times - How to water Russian journalism
On March 15, the FT published an interview with Fridman, reported by Robert Cottrell, in which Fridman is described as "an astonishingly nice man in conversation - a youthful 38, and by far the most diffident and least sinister figure among the 20 or so tycoons who dominate Russian big business".
Fridman had reason to be confident that no uncomfortable matters would be raised or reported by Cottrell.
Fridman's writ, filed with the Tribunal de Grande Instance de Paris, claims that published allegations by Martine Royo, the reporter for Les Echos, are false and defamatory.
www.atimes.com /atimes/Central_Asia/EF25Ag01.html   (1262 words)

  
 Russia, Putin Power, YUKOS Trial - JRL 10-7-04   (Site not responding. Last check: 2007-10-29)
Mikhail Fridman, the head of the apolitical Alfa Group, admits that Mikhail Khodorkovsky’s run-in with the Russian authorities was sparked by his involvement in politics.
Fridman believes that Khodorkovsky poses no threat to the public and feels a deep sympathy for him, despite his disapproval of his business and public activities.
Fridman denied allegations that he has insured himself against political risks and would leave the country should he have any problems with the authorities.
www.cdi.org /russia/johnson/8399-4.cfm   (354 words)

  
 Ukrainian-related news stories from RFE   (Site not responding. Last check: 2007-10-29)
MIKHAIL FRIDMAN: ALFA GROUP CHAIRMAN BUILDS RUSSIAN 'BENCHMARK' Mikhail Fridman, chairman of Alfa Group Consortium and vice president of the Russian Jewish Congress, is clearly one of the richest and most politically influential people in Russia.
According to "Stringer," Fridman was born to a practicing Jewish family in the Ukrainian city of Lvyiv in 1964.
Fridman has claimed his Jewish origin prevented him from entering the Moscow Institute of Physics and Technology, still one of the most prestigious educational institutions in Russia.
www.infoukes.com /rfe-ukraine/2002/0130.html   (2648 words)

  
 BW Online | July 7, 2003 | Mikhail Fridman
Fridman, a billionaire and one of Russia's most influential businessmen, will be chairman of the oil giant, Russia's third-largest producer, now pumping some 1.2 million barrels a day.
Fridman has hired numerous Europeans to fill executive positions at Alfa, and his new BP connection will give him another excuse to fly to the West.
Fridman is frustrated that more of his fellow Russians don't share his admiration for Western economic and political culture.
www.businessweek.com /magazine/content/03_27/b3840613.htm   (848 words)

  
 Know How to Spend Billion of Dollars? - PRAVDA.Ru   (Site not responding. Last check: 2007-10-29)
The fortune of Mikhail Khodorkovsky was said to be $8 billion.
Mikhail Khodorkovsky's fortune was said to be $7.2 billion; the fortune of Roman Abramovich - $4.2 billion, of Mikhail Fridman - $2.1 billion, of Oleg Deripaska - $1.5 billion and that of Andrey Melnichenko - $380 million.
The fortune of Roman Abramovich is speedily increasing; the growth rate of Mikhail Khodorkovsky capital has considerably reduced with the past year's result and the situation about the fortune of Mikhail Fridman is still vague.
english.pravda.ru /printed.html?news_id=10852   (945 words)

  
 Observer | Russians take feud to London court   (Site not responding. Last check: 2007-10-29)
It is alleged that Fridman cast doubt on Berezovsky's reputation and claimed that Berezovsky had threatened him.
A spokesman for Fridman's Alfa group declined to comment yesterday, but Fridman is expected to contest the action.
Fridman is one of Russia's wealthiest oligarchs, with an estimated fortune of $8bn.
observer.guardian.co.uk /print/0,3858,5183493-102271,00.html   (249 words)

  
 Kommersant: Mikhail Fridman Once Again Challenged to a Duel   (Site not responding. Last check: 2007-10-29)
Berezovsky is asking for compensation for damage caused to him by, in his words, this false claim and that the defendant undertake not to make such claims in future.
However, Stevenson emphasized that Fridman and his lawyers have the right to challenge the jurisdiction of the English court.
Mikhail Fridman: At that time [1999], we told them [the partners of Vladimir Yakovlev, the former owner of Kommersant] that if they wanted to buy [buy up Kommersant's shares from Yakovlev] so that the newspaper would remain truly independent, we were prepared to grant them credit.
www.kommersant.com /page.asp?id=559606   (649 words)

  
 Guardian | Western investors worry as Russian writs fly
While Mikhail Khodorkovsky, the Russian oil billionaire dramatically arrested in September, continues to fight corruption charges, a separate legal dispute is brewing which could prove just as worrisome for western investors.
The case involves Mikhail Fridman, another of Russia's controversial 'oligarchs' - though one on slightly friendlier terms with the Kremlin than Khodorkovsky.
Fridman's Alfa conglomerate is locked in a row with an obscure Bermudan investment fund over who owns a 25 per cent stake in MegaFon, Russia's third-largest mobile phone operator.
www.guardian.co.uk /print/0,3858,4813666-103610,00.html   (847 words)

  
 Analysis: More oligarch hunting? - (United Press International)   (Site not responding. Last check: 2007-10-29)
The firm's largest shareholder is billionaire and oligarch Mikhail Fridman.
Fridman is in the middle of a struggle against the man who helped establish Russia's telecommunications industry -- Leonid Reiman.
The legal proceedings in the BVI were started after Fridman's Alfa Group defended its claim that it owns a 25.1 percent stake in Megafon, purchased from the financial boutique LV Finance for an unclosed amount in 2003.
washingtontimes.com /upi-breaking/20041209-012814-7931r.htm   (1082 words)

  
 Terra Firm no.24: The Zionists’ Rise to World Domination.
In 1996 it was estimated that they controlled 50% of the russian economy, "Fridman was one of the Big Seven, the original group of oligarchs who bankrolled the 1996 reelection of President Boris Yeltsin and who claimed to then control 50 percent of Russia's assets." (‘Mikhail Fridman: Oil Tycoon’ Frontline World http://www.pbs.org/frontlineworld/stories/moscow/fridman.html October 2003).
Khodorkovsky was arrested shortly afterwards, "Mikhail Khodorkovsky, 40, the multibillionaire who runs Yukos, has already been arrested and questioned over irregularities in his acquisition of the firm from the state.
Whilst vladimir gusinsky, mikhail chernoy, and leonid nevzlin, are enjoying a luxurious life in the zionist state, they might meet lady zionist shirley porter, another zionist criminal who fled her adopted country because she’d been manipulating its political system.
www.geocities.com /carbonomics/MCtfirm/10tf24/10tf24r.html   (10820 words)

  
 Analysis: Will The Media Pay For Russia's Banking Crisis? - RADIO FREE EUROPE / RADIO LIBERTY   (Site not responding. Last check: 2007-10-29)
On 19 July, Alfa Group Chairman Mikhail Fridman told reporters that Alfa Bank lost about $9 million during the panic, and that shareholders had invested an additional $1 billion in order to keep the bank functioning while jittery depositors rushed to withdraw their funds.
Fridman, however, predictably blamed the Central Bank -- saying "it would have been possible to act more rigorously and energetically" -- and the mass media.
Fridman singled out "certain publications" of the Kommersant publishing group as having "provoked the crisis" for "self-interested" reasons.
www.rferl.org /featuresarticle/2004/7/0AEDA97D-F3D6-4D71-9F47-D738A6438A45.html   (642 words)

  
 Victims of forbes
Six representatives of YUKOS headed by Mikhail Khodorkovsky, and Sibneft president Yevgeny Shvidler, came under the eye of the Russian general prosecutor.
Although the richest, Mikhail Khodorkovsky, was only in 194th place, it was still a breakthrough.
Mikhail Khodorkovsky was indicted under seven articles of the Russian criminal code, including fraud, tax evasion, and forgery.
www.dl.mk.ru /article.asp?artid=27731   (2415 words)

  
 The World in the 21st Century: Addressing New Threats and Challenges - Council on Foreign Relations   (Site not responding. Last check: 2007-10-29)
And what I’d like to do is, before, again, I turn to the minister, is ask Mikhail Fridman, who’s chairman of the board of Alfa Bank, to make a few introductory remarks, and then we will go into the talk.
MIKHAIL FRIDMAN: First of all, thank you for this kind introduction.
FRIDMAN: Yeah, in the Red Square, and accompanied by the rings of the Kremlin’s bells.
www.cfr.org /publication.html?id=7611   (7315 words)

  
 Encyclopedia: Mikhail Fridman   (Site not responding. Last check: 2007-10-29)
Along with Peter Aven, Fridman founded the The Alfa Group Consortium is one of Russias largest privately owned financial-industrial conglomerates, with interests in oil and gas, commodities trading, commercial and investment banking (Alfa Bank), insurance, retail trade and telecommunications.
The group was founded by Mikhail Fridman (one of the most influential business leaders in Russia...
Alfa Group Consortium, a holding company which today controls Alfa Bank, the corporate treasury of the Alfa Group, is one of the largest commercial banks in the Russian Federation.
www.nationmaster.com /encyclopedia/Mikhail-Fridman   (453 words)

  
 [No title]
Fridman founded the Alfa Group Consortium, a holding company which today controls the Alfa Bank, Alfa Capital, Tyumen Oil, several construction material firms, food processing businesses and a supermarket chain.
Mr Fridman is a super-rich fellow, estimated by Fortune Magazine to be the ninth richest man in the world aged under 40, with a net worth of more than $2 billion.
The seven are the aforenamed Boris Berezovsky, Vladimir Gusinsky, Mikhail Khodorkovsky, Mikhail Fridman, Alexander Smolensky, and Pyotr Aven, who is also a Jew, and the Russian Vladimir Potanin.
jerusalem.indymedia.org /news/2003/03/110865_comment.php   (2350 words)

  
 Telegraph | Money | City comment   (Site not responding. Last check: 2007-10-29)
Mikhail Fridman, the beaming boss of TNK, simpered in agreement.
This is the same Mikhail Fridman who sunk his claws into BP only four years ago, stripping BP's previous Russian wife, Ms Sidanco, of all her decent assets.
It is already looking like a marriage of convenience for BP, but the difficult work of dealing with Russians has already begun to take the gloss off the honeymoon.
www.telegraph.co.uk /money/main.jhtml?xml=/money/2003/06/27/ccom27.xml&secureRefresh=true&_requestid=7823&_requestid=65452   (947 words)

  
 Board & Executives   (Site not responding. Last check: 2007-10-29)
Mikhail Fridman is Chairman of the Board of Directors and principal founder of the Alfa Group Consortium, one of the leading business enterprises in Russia.
Fridman chairs the Board of Directors of two of the groups leading companies — Alfa-Bank, which is Russia’s largest privately owned bank, and TNK-BP, formed by the historic joint venture between British Petroleum and Tyumen Oil Company, completed in 2003.
Fridman is a Member of the International Advisory Board of the Council on Foreign Relations, and his achievements have been recognised by prestigious international publications and organisations in the world of finance and business.
www.alfabank.com /board/fridman   (394 words)

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