VEB has blocked the Sberbank's sale of a resort in Sochi

VEB, one of the main creditors of "Krasnaya Polyana" — Sochi resort "Gorki Gorod" — inhibits its sale. The buyer, a little-known company "Kurort Plus" has signed an agreement with the owner, Sberbank, on October 12.
Origin source
VEB against

"ICS-Holding", affiliated with Sberbank structure, can not close the deal for the sale of 96.91% shares of the NAO "Krasnaya Polyana", because it blocked the Vnesheconombank (VEB), told RBC source close to Sberbank. NAO "On the balance Krasnaya Polyana "Sochi is a resort" Gorki Gorod "(includes ski complex" Mountain carousel ", luxury hotels, residential real estate, cafes, restaurants, night clubs).

For information about blocking RBC also confirmed a source close to the VEB. According to him, the VEB, which is one of the major creditors of "Krasnaya Polyana", is not satisfied that the buyer of "obscure company."

Buy "Krasnaya Polyana" was company "resort plus", the only bidder, created three weeks before the auction. Savings Bank on 12 October signed a "resort plus" contract for the sale of shares for 35 billion rubles., RBC said a bank representative.

"Sberbank has sent a request to VEB for approval of the transaction for the sale of the NAO" Krasnaya Polyana ", the answer is not received," - said the press withuzhba Sberbank on Thursday, 17 December.

The press service of VEB declined to comment. The "resort plus" not its own website, could not be reached with its managers or owners. The NAO "Krasnaya Polyana" could not comment on the protracted sale.

Two months on a deal

The tender documentation published on the website "Unified electronic trading platform", stated that the nominal holder of shares of the NAO "Krasnaya Polyana" is VEB - the shares are pledged to the bank "on the basis of a contract of pledge of shares <...> from 04.21.2014 <...> to ensure public performance of obligations to Vnesheconombank for a loan agreement. "

Total costs for the project "Gorki Gorod" amounted to 70.3 billion rubles., Of which 52 billion rubles. - VEB loans. As of July 1, 2015 the debt of the NAO "Krasnaya Polyana" for all credit agreements amounted to "no more than 54 billion rubles.," According to the auction documentation. According to SPARC, revenue NAO "Krasnaya Polyana" in 2014 amounted to 1.6 billion rubles, the net loss -. 20.8 billion rubles.

All approvals, as well as the payment had to go through a period of two months from the date of conclusion of the contract. The tender documentation states that the transfer of ownership takes place only after the receipt by the parties of all necessary approvals, including the decision of the Federal Antimonopoly Service (FAS) and the consent of the VEB. The FAS representative Oleg Marshankin said that the basis of application for incoming documents "Krasnaya Polyana" not now.

However, lawyers believe that the failure to comply with the terms specified in the contract, is not a cause for termination. From the tender documentation does not imply that in the case of disapproval of the transaction should occur VEB termination of the contract, says partner of lawof "A2" bureau Mikhail Alexandrov: "Standard Practice: each party can withdraw from the transaction, but may wait until the VEB and the FAS will approve it. You can not change the essential terms and conditions, but the details can be changed. " The contract remains valid, even if the formal deadlines have passed for approval, confirms the head of the corporate practice of law firm "Samet" Olga Snitserova.

VEB and the "cesspool of bad debts"

State Corporation 'Bank for Development and Foreign Economic Affairs (Vnesheconombank) "(VEB) has been one of the major creditors of the construction of the Winter Olympics in Sochi - it has funded a number of projects to 250 billion rubles.

In his message to the Federal Assembly on December 3, President Vladimir Putin announced the need to "carry out the clearing of" institutes of development, optimize the structure and mechanism of their operation. According to him, many of the institutions of development "turned into a dustbin for bad debts." Most of the students agreed that Putin said VEB. "I do understand," - said in an interview with "Vedomosti" MinisRiver Economic Development of the Russian Federation Alexei Ulyukayev.

To avoid defaulting on debt obligations of VEB, the Russian authorities are considering the possibility of providing a state aid of up to 1.5 trillion rubles. As Ulyukayev said in support of Vnesheconombank's decision may be made before the end of the year.

The sources of "Interfax" noted that the fate of the state corporation will be discussed in the framework of the Supervisory Board of VEB next Tuesday, 22 December.

In the interests of the Minister

Although the deal for the sale of "Krasnaya Polyana" is not closed, the CEO of the company was a man in November, close to the potential buyer.

According to SPARC, 99% "plus resort" owned by OOO "Business Resort", its owner Anna Prudchenko is both CEO of the company "resort plus." The remaining 1% "plus resort" owned Anatolia Trusov. General Director of "business resort" is Vadim Trukshin: according to SPARK, since the beginning of November, he also led the NAO "Krasnaya Polyana" in the position of general director.

The "plus resort» & mdash; structure, close to the Minister of Agriculture Alexander Tkachev, told RBC a source close to the seller, and a source familiar with the management of "Hills of the city." The fact that the buyer is a structure associated with Tkachev, also wrote Forbes citing its sources.

As a buyer, "Krasnaya Polyana" Tkachev family is associated with

From June 2011 to June 2012 Prudchenko Anna was a member of the Board of Directors of JSC "Gallery Krasnodar" (earlier - "City Park"). The owners of this company are members of the family of Alexander Tkachev, but in 2008 they came out of the number of co-owners, of Forbes wrote. The press service of "SCC Real Estate", which manages the shopping center "Gallery Krasnodar" did not respond to questions about the RBC Prudchenko. First Vice-President "SCC Real Estate" Alexey Chinaliev said he did not know her.

According to SPARC, full namesake of the general director of "Business Resort" Vadim Trukshin is the CEO of the company JSC "Sochi-Park". Member of the Board of Directors of JSC "Sochi-Park" is listed in-law Tkachev, Roman Batalov. Trukshin in conversation with the newspaper "Vedomosti & raquo; in October he confirmed that was associated with both companies.

But the "plus resort" is not associated with the "Sochi-Park" and does not represent the interests of the company, insisted Trukshin, without explaining who is behind it.

Tkachev's representative refused to comment on issues not related to the work of the Ministers.

For casino

Resort "Gorki Gorod" was purchased based on the opening of a gambling zone in Sochi, said sources Forbes in October. In July last year, Russian President Vladimir Putin signed amendments to the federal law "On state regulation of gambling business", which provide for the creation of the new gambling zone in the Crimea and the transfer of the gaming cluster in the Krasnodar region out of Anapa to Sochi. At the same time, RBC wrote that one of the most likely places to accommodate new gaming area, a complex of "Gorki Gorod".

The interlocutor of "Sheets", the owner of one of the hotels in Sochi, told the newspaper that discussed the issue of establishing a casino in "Gorky city." The gambling zone in Sochi should earn in the summer 2016, he said in September Deputy Prime Minister Dmitry Kozak.

Source isuk RBC, spoke about the blocking of the sale of "Krasnaya Polyana", confirmed that "Gorki city" planned to create a gambling area and a casino. Professionals of hotel business for "Gorki Gorod" not take: as a tourist facility resort deeply unprofitable, it can be saved only through gambling, explaining, "Vedomosti" the owner of a local hotel.