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Topic: Nikolai Smolenski

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	Guardian \| Rover spurns bid from 'baby oligarch'
		PWC last week wrote to Smolenski, dubbed the 'baby oligarch', to tell him that his offer would not be in the best interests of MG Rover creditors, who are owed more than £1.4 billion.
		Sources close to Smolenski, who is the son of a Russian banking tycoon and last year bought the TVR sports car business, said that he was 'surprised and disappointed' by the decision.
		Smolenski planned to revive production at Longbridge and to re-employ thousands of the 6,000 employees who have been made redundant since the collapse of the company in April.
	www.guardian.co.uk /print/0,3858,5229824-114860,00.html (312 words)

	Citybull Forums - View Single Post - Va-va-voomski as the 'baby Russian oligarch' takes over TVR sports cars (Site not responding. Last check: 2007-10-20)
		Mr Smolenski junior is one of a breed of high-flying young Russians who owe their wealth to their father's lucrative and shadowy business dealings during the galloping capitalism of the 1990s.
		Co-workers of Nikolai at the bank say he is a typical young new Russian with a thirst for adventure.
		Smolenski senior became one of the richest and most controversial businessmen of the Yeltsin era.
	www.citybull.com /forums/showpost.php?p=189457&postcount=1 (880 words)

	Revolution for TVR! - This Is Lancashire
		Nikolai Smolenski, 23, was announced as the luxury sports car maker's new owner on Tuesday after completing a deal with former owner, Peter Wheeler.
		Mr Smolenski is the son of one of Russia's most famous tycoons of the 1990s, Alexander Smolenski, a controversial banker with a fortune estimated at $250 million.
		Alexander Smolenski was a key supporter of former president Boris Yeltsin's 1996 re-election campaign before his bank, SBS Agro, collapsed in 1998 during Russia's financial crisis.
	archive.thisislancashire.co.uk /2004/08/03/475496.html (399 words)

	Reuters \| Latest Financial News / Full News Coverage
		Following Roman Abramovich's creation of "Chelski", a 24 year old Russian by the name of Nikolai Smolenski has bought TVR sports cars - for cash, naturally.
		He is actually the son of an oligarch - Alexander Smolenski who emerged remarkably unscathed from the 1998 bankruptcy of his bank.
		Smolenski is thought to want to turn TVR from a local legend into a global brand, with a big sales push in Europe and the USA.
	motoring.reuters.co.uk /reuters/vocmain.jsp?lnk=101&id=735 (130 words)

	Indiacar News-British sports car maker TVR sold to Russian
		According to the Moscow Times, Smolenski is the son of one of Moscow's original oligarchs, and he snapped up the British firm for an estimated $US27 million, “further fueling the Russian tycoon mania that has gripped the island kingdom since Roman Abramovich splashed out for the Chelsea soccer club a year ago”.
		Smolenski is the 24-year-old son of the man who presided over the largest bank failure in Russian history, Alexander Smolensky, the paper added.
		In December 2001, according to the Moscow Times, Nikolai Smolensky became the youngest chairman of a Russian bank, Pervoye OVK, which was made up of the remains of his father's bank, SBS-Agro, which collapsed in the wake of the 1998 financial crisis.
	www.indiacar.com /xnewdet.asp?id=n7033 (636 words)

	IndustrySearch - Russian tycoons interested in buying MG Rover: report (Site not responding. Last check: 2007-10-20)
		Smolenski has an estimated personal fortune of STG52.5 million ($A128.98 million) and paid a reputed STG15 million ($A36.85 million) for Blackpool-based TVR last July, The Observer reported.
		The "baby oligarch" is in his mid-20s and is the son of banking tycoon Alexander Smolenski, one of Russia's richest 100 men and a funder of former Russian president Boris Yeltsin in the mid-1990s.
		Nikolai Smolenski is thought to have toured Longbridge last week to take a detailed look at the assets on offer and is said to be interested in making the group's full range of cars.
	www.industrysearch.com.au /news/printarticle.asp?id=16623 (485 words)

	Racing Green TVR - Main TVR dealer for South East England (Site not responding. Last check: 2007-10-20)
		The company has been bought by a gentleman called Nikolai Smolenski who, you'll be glad to hear, is an absolute TVR enthusiast and has already started to invest heavily in the TVR brand and the factory infrastructure.
		Nikolai is also looking to ensure that TVR remains a very British sportscar by ending any contracts with foreign suppliers and replacing them with UK manufacturers.
		Nikolai is very much looking to the long term for the brand and is doing all he can to ensure that this next phase of TVRs development is a highly successful one.
	www.racinggreentvr.com /news/story.asp?ArticleID=54 (645 words)

	CARNORAMA \| TVR acquired by young Russian millionaire (Site not responding. Last check: 2007-10-20)
		Smolensky is 24 years old and is more than familiar with British culture having gone to school here and with a home in Highgate.
		The son of one of Russia's richest men - Alexander Smolenski - Nikolai is said to be a huge car enthusiast and motorsport fan.
		Before that process was complete Smolensky nipped in and confirmed a deal with Peter Wheeler, perhaps based more on passion than the finite detail of the balance sheets.
	www.carnorama.com /link.asp?TOPIC_ID=547 (287 words)

	TVR Sold \| Car News \| Auto Express (Site not responding. Last check: 2007-10-20)
		VR's Peter Wheeler has sold the company to Russian businessman Nikolai Smolenski.
		Peter Wheeler today (Tuesday 27th - Ed) sold 100 per cent of the shares of UK car maker TVR to Nikolai Smolenski.
		Based in the north west of England, TVR is the leading British sportscar manufacturer and is unique among companies of its size in that it designs and manufactures in house its own range of engines to power its spectacularly designed range of sportscars.
	www.autoexpress.co.uk /news/48704/tvr_sold.html (268 words)

	Autocar Online - Printable News Article (Site not responding. Last check: 2007-10-20)
		Former banker Nikolai Smolenski bought the Blackpool company, declaring his ambition to turn Britain’s biggest independent sports car maker into a global brand and crack the lucrative American market.
		Smolenski is reputed to have paid between £10m-15m for TVR, buying out Peter Wheeler.
		Smolenski’s personal fortune is estimated to be in the region of £55m, a large chunk of which is now sunk into TVR, raising questions over future investment required in R&D, marketing and the Blackpool factory.
	www.autocar.co.uk /printfriendly/pf_newsarticle.asp?s=article&NA_ID=210364 (446 words)

	Young Blood Boost For TVR \| Car News \| Auto Express (Site not responding. Last check: 2007-10-20)
		Nikolai Smolenski is a Russian - and only 24 years old.
		These are as-yet unknown, but a spokesman told us: "Nikolai is going to be very hands-on, and there are schemes for investment and expansion into new global markets - including America." Cars such as the Tuscan 2 convertible - unveiled at the recent British Motor Show - will continue in development.
		Smolenski - a friend of Chelsea Football Club owner Roman Abramovich - toured the Blackpool factory last week and met some of the 400 employees.
	www.autoexpress.co.uk /news/48863/young_blood_boost_for_tvr.html (220 words)

	Guardian \| Russian in talks to buy Rover
		Smolenski, who has a personal fortune estimated at $100 million (£52.5m), has approached administrator PricewaterhouseCoopers with a view to buying the company and manufacturing a full range of Rover cars.
		Smolenski, in his mid-twenties, is the son of banking oligarch Alexander Smolenski, one of Russia's richest 100 men, and a funder of Boris Yeltsin in the mid-Nineties.
		Nikolai is thought to have toured the Longbridge plant last week to take a detailed look at the assets on offer.
	www.guardian.co.uk /print/0,3858,5183483-114860,00.html (437 words)

	PH: RE: TVR is safe in my hands, says new boss
		A keen TVR enthusiast for years, Smolenski's core strategy to recover TVR's finances is to sell more cars.
		And when the successors to the Sagaris, Typhon and MKII (was the Tuscan 2) have completed their runs, they'll be replaced by new models of Smolenski's own conception, which he hints won't use the traditional TVR method of draping a fibreglass body over a steel backbone chassis.
		Blackpool will remain TVR's home -- in fact, Smolenski said that he wants to source more components from the UK than today with the aim of being able to say that the cars are entirely British, and is allegedly terminating contracts with overseas suppliers.
	www.petrolheads.co.uk /gassing/topic.asp?f=13&t=126217 (1254 words)

	Ultimatecarpage.com forums - TVR bought by the Russians!
		The son of one of Russia's richest men - Alexander Smolensky - Nikolai is said to be a huge car enthusiast and motorsport fan.
		Smolenski, or "Smelly" as some classmates call him, is said to be very excited about his new car company having saved up his pocket money for three weeks in order to buy it.
		"Nikolai has been told that this cannot be like his BMX bike or his X-Box or that petro-chemical processing plant in Rybinsk," said a source close to the family.
	www.ultimatecarpage.com /forum/printthread.php?t=6032&pp=40 (2195 words)

	Young Russian tycoon buys TVR carmaker - (United Press International) (Site not responding. Last check: 2007-10-20)
		Blackpool, England, Jul. 29 (UPI) -- At the age of 24, Nikolai Smolenski has bought British sports car maker TVR for an estimated $27 million, The Telegraph reported Thursday.
		A close friend of Roman Abramovich, the owner of Chelsea Football Club, Smolenski took up the reins at his new business venture Wednesday, touring the Blackpool factory and meeting the 400 workers.
		As he toured the factory to inspect cars and engines, a TVR spokesman said "All of the staff are extremely impressed by Nikolai -- both with his enthusiasm and his knowledge.
	www.washtimes.com /upi-breaking/20040729-125822-1325r.htm (184 words)

	Motoring - Russian takeover at TVR
		Smolenski (24) was a director of Russian bank OVK until last year when he sold off his shares in the company
		Born in Moscow, Nikolai Smolenski is the son of Russian banker Alexander Smolenski.
		The elder Smolenski is ranked 92 in the list of top 100 richest Russians compiled by the Russian edition of Forbes magazine recently, with a fortune totalling $230-million (about R1,426-billion).
	www.motoring.co.za /index.php?fArticleId=2177255 (688 words)

	MWerks Forums: Nikolai Smolenski: The New Man at TVR (+ Alexander Smolenski & SBS-AGRO)
		Smolensky moonlighted on a second job in a bakery for which he lacked a permit and then he helped typeset and publish a Bible using government presses and ink to do so.
		Although the bank, founded by once high-flying financier Alexander Smolensky, had been struggling even before the August 1998 crash, the state had attempted to keep SBS-Agro alive because of its extensive branch network in the regions and its role as the main distributor of credits to agriculture.
		In December 2001, Nikolai Smolensky became the youngest chairman of a Russian bank, Pervoye OVK, which was made up of the remains of his father's bank, SBS-Agro, which collapsed in the wake of the 1998 financial crisis.
	forums.mwerks.com /zerothread?id=1516455 (4528 words)

	TVR Sold to 24 year old Russian Investor :: carBC.com :: Daily Automotive News and Reviews (Site not responding. Last check: 2007-10-20)
		Although an affordable purchase, it is by no means a simple project; Nikolai is fully aware of the rigors and demands of the business world as for the past three years he has headed Russia’s OVR bank.
		Not according to Smolenski, who commented, “I have always been a fan of British car manufacturing and believe that the best automotive designers and engineers are in this country.” To the relief of TVR’s fans, the company will remain more or less the same with no major shakedown and buildup, or restructuring planned.
		In the future, Smolenski intends to build TVR as a global player which is ambitious but completely achievable.
	www.carbc.com /Car-News-871.html (1091 words)

	FordForums - UK:Jaguar staff to lobby Ford at motor show
		Nikolai Smolenski has been accused of "dirty tricks" ahead of a crucial recognition meeting today.
		Meanwhile, Mr Smolenski was criticised ahead of a hearing of the central arbitration committee in Manchester today when the future shape of trade union representation at the car plant will be discussed.
		The TandG claims that Mr Smolenski organised a public meeting of the workforce last Friday and pressured staff to put their faith in him rather than the union.
	www.fordforums.com /showthread.php?t=83273 (449 words)

	The Sun News On-line (Site not responding. Last check: 2007-10-20)
		Banker Nikolai Smolenski paid an undisclosed amount for the Blackpool-based manufacturer, which sells around 1,000 cars a year.
		The change in ownership should help to kick-start the company’s bid to launch in the US, but no plans have yet been announced on how Britain’s 24 TVR dealerships might be developed.
		Smolenski said: ‘I am very enthusiastic about the potential of TVR.
	www.sunnewsonline.com /webpages/features/motoring/2004/aug/04/motoring-04-08-2004-003.htm (193 words)

	Money stolen from the people of Russia buys British luxury sportscar manufacturer. [Archive] - Stormfront White ...
		JEWISH billionaire Nikolai Smolenski is likely to give a huge boost to the economy in the Blackpool area.
		The young Russian tycoon is the son of Jewish oligarch Alexander Smolenski, whose activities caused the Russian financial collapse in 1998.
		Alexander Smolenski was one of the 12 Russian oligarchs - eight of whom were Jewish - operating under President Boris Yeltsin.
	stormfront.org /archive/t-147248Money_stolen_from_the_people_of_Russ... (517 words)

	AutoWeek - The Auto Enthusiast's Online Resource (Site not responding. Last check: 2007-10-20)
		Smolenski, who was educated in London, is the son of Russian banking tycoon Alexander Smolenski.
		TVR's Oxley declined to say how much Smolenski paid for the company, but press reports said it was about $26 million.
		Smolenski's wealth is estimated at more than $95 million.
	www.autoweek.com /news.cms?newsId=100682 (392 words)

	TVR bought by 24-year-old Russian investor - 4Car News from Channel 4
		Blackpool-based sports car company TVR has been bought by Russian investor Nikolai Smolenski, a former director of Russian bank OVR.
		Smolenski, just 24, has taken a 100 percent share of the company owned for the last 23 years by Yorkshireman Peter Wheeler, who will stay on as a senior consultant.
		Under Wheeler's ownership, TVR's profile has risen dramatically, particularly in recent years with the introduction of cars like the hugely successful Griffith and Chimaera.
	www.channel4.com /4car/news/news-story.jsp?news_id=10828 (185 words)

	icScotland - Russians interested in buying Rover (Site not responding. Last check: 2007-10-20)
		A spokesman for PWC said the administrators had received expressions of interest in MG Rover from companies in a number of countries including Russia, but was unable to comment further.
		Mr Smolenski has an estimated personal fortune of 100 million US dollars (£52.5m) and paid a reputed £15 million for Blackpool-based TVR last July, The Observer reported.
		PWC apparently believes there are sufficient intellectual property rights remaining in MG Rover for a car-producing business to be sold, despite Shanghai Automotive Industry Corporation's ownership of rights on the Rover 75 and 25 models and two Powertrain engines.
	icscotland.icnetwork.co.uk /news/scottish/tm_objectid=15466017&method=full&siteid=50141&headline=russians-interested-in-buying-rover-name_page.html (313 words)

	Scotsman.com Business - Top Stories - 23-year-old is new TVR owner
		It is also understood that Mr Smolenski has told staff he aims to be a hands-on owner.
		Mr Smolenski is the son of wealthy businessman Alexander Smolenski, the controversial former construction manager-turned banking tycoon whose banking empire collapsed during the 1998 financial crisis.
		Mr Smolenski senior was accused of shifting assets into other companies while leaving depositors in his SBS Agro bank with nothing after it went into bankruptcy.
	business.scotsman.com /index.cfm?id=865412004 (400 words)

	TVR article - TVR Televiziunea Română Romanian sports cars Blackpool - What-Means.com (Site not responding. Last check: 2007-10-20)
		The life of TVR can be divided into four basic eras based on who owned the company:
		In July 2004, 24 year old Russian billionaire, Nikolai Smolenski, bought 100% of the company from its current owner Peter Wheeler, for about £15 million.
		Despite Smolenski's Russian origin, he reportedly intends for TVR to remain a British company and continue the tradition of building lightweight, (relatively) affordable high-performance cars started more than thirty years before he was born.
	www.what-means.com /encyclopedia/TVR (283 words)

	CatiaWorld News (Site not responding. Last check: 2007-10-20)
		Yesterday's Observer said that Mr Smolenski, the son of banking tycoon Alexander Smolenski and dubbed the "baby oligarch", was interested in acquiring the company and manufacturing a full range of cars.
		Mr Smolenski bought TVR last July and there has been previous speculation that he could be interested in acquiring MG Rover's MGF sports car line to add to the TVR range.
		Capital Bank, part of HBOS, which acted as a financial intermediary between the carmaker and the dealers, paying MG Rover as soon as cars were assigned to the dealers and then collecting the cash later, is said to be adopting a sympathetic approach.
	www.catiaworld.com /cwnews/view.asp?msgID=4915 (445 words)

	icWales - Russian tycoons 'focus on Rover' (Site not responding. Last check: 2007-10-20)
		A spokesman for PWC said yesterday the administrators had received expressions of interest in MG Rover from companies in a number of countries.
		Mr Smolenski has an estimated personal fortune of $US100m £52.5m) and paid a reputed £15m for Blackpool-based TVR last July, The Observer reported.
		The "baby oligarch" is in his mid-20s and is the son of banking tycoon Alexander Smolenski, one of Russia's richest 100 men.
	icwales.icnetwork.co.uk /0300business/0100news/tm_objectid=15467581&method=full&siteid=50082&headline=russian-tycoons--focus-on-rover--name_page.html (351 words)

	TVR Car Club
		The BBC report states that former banker Nikolai Smolenski has said he wants to expand the company.
		Mr Smolenski was a director with the Russian bank OVK until last year, when he sold his shareholding.
		His father is the wealthy Russian businessman Alexander Smolenski.
	www.tvr-car-club.co.uk /news_detail.asp?newsid=121 (203 words)

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