A financial bubble named after Gutseriev-Shishkhanov is ready to burst at any moment.
The business empire of Mikhail Gutseriev and his nephew, Mikhail Shishkhanov, is bursting at the seams. The main problem, the debt burden, cannot be solved.
Mikhail Gutseriev talks about seven years of business revival, praises the Central Bank and Elvira Nabiullina and cites his own poems.
After six months of negotiations, they agreed to save the Russian Orthodox Church's bank.
Safmar financial group owned by the Gutseriev-Shishkhanov family intends to sell part of the hotel business. This is an historic hotel Hilton Moscow Leningradskaya, as well as Holiday Inn Suschevsky and Holiday Inn Lesnaya.
The owner of the largest fortune in the Czech Republic amounting to $11.4 billion, Petr Kellner, sells Eldorado, home appliances electronics retail chain, but says that he sees prospects on the Russian market, despite the crisis and sanctions.
The seller of home appliances and electronics Eldorado is put up for sale, discovered RBC. The main contender for the purchase is said to be Safmar Group owned by the Gutseriev-Shishkhanov family, which could unite Eldorado and their own Technosila.