The Russian oligarch took up the restoration of the tourist cluster of the Arab economy. Prior to that, he was involved in it with gas and phosphate projects.
The company "Stroytransgaz" Gennady Timchenko received a contract for the reconstruction of the road in the Moscow region of Zhukovsky.
According to Alexander Fack, a report on how Gazprom contractors are cashing in on corporations was the result of painstaking work. And German Gref himself hardly read it, because the report has not yet been translated into Russian.
President Vladimir Putin opened a regular automobile traffic along the Crimean bridge that connects the mainland with the peninsula. The main problem at first may be traffic jams, especially at the approaches to the bridge, experts warn.
Gennady Timchenko, Vladimir Putin's longtime friend, on the one hand, supports the course of the Russian government, on the other hand, does not miss the opportunity for business. Now the billionaire will take prey in Syria's phosphates.
The multi-billion government contracts are obtained by mysterious contractors without tenders.
Businessman Gennady Timchenko told RBC that together with his family he owns "at least half" of one of the largest Gazprom contractors, Stroytransneftegaz. Previously it was known that 31.5% of the company belonged to Timchenko.
The company wants to get out from its only project in the country.
Gazprom has chosen Stroytransgaz company, co-owned by billionaire Gennady Timchenko, as a contractor for the construction of 255 km of gas pipeline "Power of Siberia" without tender. The cost of the contract is 72.2 billion rubles.
In the spring of 2015, the former billionaire sold Stroygazkonsalting company. Forbes finds out why, and what does Ramzan Kadyrov's friend Ruslan Baysarov have to do with it.
It happened after the promises of the Head of FAS to complain to the president.
"Personally, we do not need billions," - said the principal owner of Volga Group; he also said where his children were educated, how he was affected by the sanctions and why it was easier to breathe in Russia.
She became a co-owner of Exect Group that trains personnel for the Olympic Games in Sochi, and partner of Spanish OHL company, which has a contract to build the railway in Siberia for 1.95 billion euros.