Such is the fee for an unsuccessful hedge against falling oil prices - raw materials are becoming more expensive.
Valentin Gapontsev and his son Denis with a capital of 3.14 billion dollars were among the ten richest families in Russia.
FAS will approve the sale of the Russian unit of the German network to the group "Safmar" in the near future.
The Gutseriev family reduced the share in the holding company "Safmar Financial Investments", selling in it 15% for 10 billion rubles. The buyers are several large Russian businessmen. The money will go to pay off the loans of the group "Safmar".
The group "Safmar" purchased for 18.5 million pounds office building in London's West End, which houses the headquarters of Zodiak Media. Experts believe that the deal turned out to be beneficial for the Gutseriev family.
EAST Group Alexander Nesis created one of the world's largest freight car manufacturers - the United Railcar Company, but retained only a minority stake in it. After the collapse of the "Moscow banking ring", the shareholders of the HVAC stopped understanding each other.
After buying Media Markt, the group "Safmar" Mikhail Gutseriev controls almost 30% of the domestic market of consumer electronics and household appliances. Now the group has to live up to its expectations for capitalization growth, focusing on improving efficiency, increasing profitability and developing the online sales channel.
The co-owner of the ruined "Binbank" continues to seize retailers of household appliances and electronics in Russia. The goal is to create a mega-collective farm in the retail market, which will then be sold to Russian state-owned banks. For Russian consumers, this means the end of the era of competitive prices.
On the eve of the second wave of the banking crisis, the Central Bank intends to prohibit owners of sanitized banks from traveling outside the Russian Federation. Their assets will also be blocked for the duration of the proceedings. For large oligarchic banks, already sanitized by the Bank of Russia, an exception has been made.
The Central Bank of the Russian Federation in 2017 spent 2.62 trillion rubles on the rehabilitation of three private banking groups. This was told by the Chairman of the Bank of Russia Elvira Nabiullina. This is five times more than Russia's annual spending on education.
A year after the introduction of anti-Russian sanctions, Metro Group's revenue in Russia fell by 14% (to 3.6 billion euros). In the first half of the current fiscal year, sales decreased from 1.8 to 1.5 billion euros.
The group "Safmar" of the Gutseriev family is ready to purchase "Media Markt" stores in Russia.
The businessman bought the network for 33 billion rubles, and now sells it for his own "M. Video" for 45 billion rubles.
The networks of household appliances and electronics "M.Video" and "Eldorado", which are part of the "Safmar" group of Mikhail Gutseriev, are united.
Promsvyaz Capital bought shares from NPFs and immediately sold them to the bank itself.
In the "Kremlin report" of the US Treasury, there are more than 200 people: officials, heads of state companies and billionaires.
The newcomer of the rating this year could become Sergey Gordeyev, whom the real estate market players consider the owner of the Columbus shopping center.
In the banks "Opening" and Binbank burned up to 50 billion rubles of retirement savings.
The Bank of Russia suddenly became concerned about the creation of a mechanism for the recovery of independent pension funds. Experts cynically suggest that there is no money there.
The head of Russia's richest family has been a frequent guest in Belarus and of the president of the country since 2000.
Its transfer to the Banking Sector Consolidation Fund can be announced in the coming days.
Forbes has been ranking the most successful entrepreneurial dynasties for four years consequently. The cumulative wealth of the ten richest families of Russia over the past year has increased by $2 billion, up to $27 billion. In three of them, newcomers appeared who received shares in business.
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.
Probably the new owners of the trading network urgently needed to return a bank loan.
While the NBU is thinking over permission to sell Ukrainian Sberbank to a consortium of investors represented by Said Gutseriev and Norvic Bank, another buyer, Viktor Prokopenya, emerged.
The deal on the sale of "Sladkovsko-Zarechny", which owns oil fields, could pass on an estimate of $270 million.