Posts Tagged ‘Petrol’
Russian oligarch buys Bulgarian oil company “Petrol Holding”
Russian oligarch buys Bulgarian oil company “Petrol Holding”. Former President of the Republic of Kalmykia and President of the World Chess Federation (FIDE), Kirsan Ilyumzhinov, became a majority owner of the largest Bulgarian fuel distributor “Petrol Holding”.
The Switzerland-based company “Credit Mediterranee”, owned by Kirsan Ilyumzhinov, has bought the shares of Dennis Jersov and Alexander Melnik which amounted to 52.5%, the remaining part of 47.5% belongs to the Bulgarian businessman Mitko Sabev.
For 17 years (between 1993 and 2010), Ilyumzhinov was president of Republic of Kalmykia – a constituent part of the Russian Federation (European territory of Russia). Read the rest of this entry »
Tags: Alexander Melnik, Bulgaria, Bulgarian businessman, business, Credit Mediterranee, Dennis Jersov, European territory of Russia, FIDE, fuel distributor, investments in Bulgaria, investments in Europe, Kalmykia, Kalmykian oligarch, Kirsan Ilyumzhinov, Kremlin, majority owner, Mitko Sabev, oil, oil company, Petrol, Petrol Holding, petroleum products, President of FIDE, President of Kalmykia, Russia, Russian Federation, Russian oligarch, Switzerland, United Russia, Varna, World Chess Federation
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The President of the World Chess Federation and ex-president of Republic of Kalmykia Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding
The President of the World Chess Federation and ex-president of Russia’s Republic of Kalmykia, Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding.
Swiss-based Credit Mediterranee owned by Kirsan Ilyumzhinov bought the 47.5% stake owned by Denis Ershov and the 5% stake owned by Alexander Melnik, Vedomosti Daily reports. Ilyumzhinov plans to buy 100% of Petrol and is currently engaged in negotiations with another shareholder Mitko Sabev, who holds a 47.5% stake.
The cost of the deal has Read the rest of this entry »
Tags: airline company, Alexander Melnik, Black sea, Bulgaria, Burgas, business, Credit Mediterranee, Denis Ershov, European territory of Russia, Evgeny Roitman, FIDE, football club, fuel company, gas, Hotel Pomorie, investments in Bulgaria, investments in Europe, Kalmykia, Kirsan Ilyumzhinov, Mitko Sabev, Petrol, Petrol Holding, petrol stations, petrol warehouses, petroleum products, port terminals, President of FIDE, President of Kalmykia, Russia, Sofia, South-East Asia, stadium, tax-free area, telecom projects, telecommunications, Varna
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