Andrei Bokarev Net Worth is$1.35 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Andrei Bokarev Net Worth: Andrei Bokarev is a Russian businessman who has a net worth of $1.35 billion. Having entered the billionaire ranks in 2013, Andrei Bokarev runs Transmashholding, one of the biggest Russian machine building companies in the country, as well as a producer of rolling stock for railways and subway systems. It was in 1998, two years after he graduated from the Moscow Finance Institute, that he met his future business partner Iskander Makhmudov. At the time, Makhmudov offered Bokarev to head Krutredag, which managed the export operations of the Kuzbassrazrezugol coal company. Ever since, Andrei has been a minority partner in most of Makhmudov's projects, including the freight railway operator Transgroup, and Aeroexpress, which carries out passenger railway operations in the Moscow region. A keen skier, Bokarev is also President of the Russian Ski Sports Association and the Freestyle Federation of Russia.
UK Kuzbassrazrezugol OAO (Russian: ?????? ???? "???????????????????????u??????? 3/4 ?>>??", and also known as KRU) is a Kemerovo, Russia-based coal company. The company extracts, processes, and distributes coal domestically and internationally. Kuzbassrazrezugol's products are used primarily in the energy sector and metallurgical industry.
The company is majority-owned by Iskander Makhmudov and Andrei Bokarev. Combined, the two men own 75% of the company. Iskander Makhmudov is an Uzbek businessman based in Russia who has been referred to as "one of Russia???s most prominent involved industrialists" who has contributed more than $1 billion to social, civic and philanthropic causes since 2001.

In the summer of 2013, the company paid for the children of employees to attend a summer recreation camp. Over 270 children attended the program, and the company invested over $24 million into it. According to Metal Mining Wire, the program is "aimed at providing recreational opportunities for the families of deceased employees and single parents."
As of December 12, 2012, the company???s market cap is $3.3 billion. According to Bloomberg Businessweek: "Year over year, Kuzbassrazrezugol Open Joint - Stock Coal Company has been able to grow revenues from 50.8B to 60.9B. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 19.92% to 16.78%. This was a driver that led to a bottom line growth from 7.4B to 8.2B."
Top institutional shareholders include:
According to an equity research report from the BCS Financial Group (BrokerCreditService (BCS) Ltd):
Additionally, the equity report writes, "All the branches will easily operate their pits during next 35 years owing to significant coal resources.???
Kuzbassrazrezugol is working on a $300-500 million project to build a new coal export port named Lavna in the Kolskiy bay of the Barents Sea, to be capable of shipping 18 millio

(Visited 9 times, 1 visits today)

Andrei Bokarev Latest News

Russian arms maker finds success even after U.S. sanctions

Sergei Chemezov, the Rostec chief, has known Mr. Putin since he worked for the KGB in Dresden, Germany. Andrei Bokarev, one of Mr. Krivoruchko's partners, is a personal acquaintance of Defense Minister Sergei Shoigu, according to analysts. Mr. Putin in ...
Posted: July 13, 2017, 12:14 am

Africa: Commonwealth Makes Case for Small, Vulnerable Countries At G20 Meeting in Moscow

The contribution by the Commonwealth at this meeting has been timely, relevant and productive - Andrei Bokarev, chair of the Russian G20 Development Working Group The G20 group of the world's leading economies should deepen consideration of the development ...
Posted: May 20, 2013, 4:42 am

Russia's Transneft taking stake in Ust-Luga oil terminal: sources

MOSCOW (Reuters) - Russian pipeline monopoly Transneft (TRNF_p.MM) is buying a stake in the oil terminal at the Baltic Sea port of Ust-Luga from businessman Andrei Bokarev, two sources familiar with the matter told Reuters on Friday. Transneft-Baltica’s ...
Posted: October 26, 2017, 5:00 pm
Related Topics: