Ziyad Manasir Net Worth is$2.5 Billion
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Ziyad Manasir Net Worth: Ziyad Manasir is a Russian construction magnate who has a net worth of $2.5 billion. The owner of Russia's largest construction holding, Stroygazconsulting, he has amassed an abundant fortune. Manasir's construction company, which holds close ties with the state-owned gas producer Gazprom, reportedly earned more than $11 billion (annual sales) in 2012. That same year, the company put into operation the Portovaya pumping station, which transmits gas through the Nord Stream pipeline system. Besides the gas monopoly, Stroygazconsulting's other big clients include Rosavtodor, a federal agency behind road construction in Russia. A Jordan native, he first went to Russia as an exchange student at the Azerbaijan Oil and Chemistry Institute. It was during his studies that he started buying and selling computers and cars, after which he switched to trading yellow phosphorus, timber and oil products. By the mid-1990s, he had already bought a construction factory in Tyumen that built residences for Gazprom workers there. What he started eventually turned into today's Stroygazconsulting.
Yamaltransstroy JSC (Russian: ??? 1/4 ???>>??????? 1/2 ????????? 3/4 ??) is a Russian construction company, general contractor of Gazprom for construction and operation of the railway line on Yamal to Bovanenkovo, Kharasavey and Novoport deposits. The head office is in Moscow with a company branch in Labytnangi.

In 1985, the construction and installation union Yamaltransstroy was founded with the aim of constructing railways in the far north of Western Siberia.
In 1986, construction started on the Obskaya-Bovanenkovo railway line with a length of 509 km to the gas condensate deposits at Kharasavey Cape. The track is located completely beyond the Arctic Circle in permafrost conditions, and is one of the most difficult railway tracks due to geological, climatological and natural conditions.
In 1992, the enterprise became a joint-stock company.
In 2009, the company completed the construction of a 4-kilometre bridge crossing the River Yuribey (334th km of the track), one of the most difficult engineering facilities beyond the Arctic Circle.
By 2010-2011, the track was practically completed and revenues of the company fell by half, reduced to 9.4 billion roubles in 2010.
In 1992, head of the production construction and installation union (PSMO) Vladimir Nak was elected General Director of PSMO Yamaltransstroy. In April 1997, his son Igor Nak became General Director of Yamaltransstroy JSC.
As of the end of 2011, around 82% of the company is controlled by organisations of Igor Nak, and negotiations were conducted about the sale of Nak???s share to Stroygazconsulting of Ziyad Manasir.

Ziyad Manasir Latest News

Alfa-Bank planning to bankrupt Stroygazconsulting, subsidiary (Part 2)

The majority shareholder and the founder of Stroygazconsulting is businessman Ziyad Manasir, who last year agreed on the sale of 74.1% of the company to businessman Ruslan Baisarov, but the deal did not go through. In April of this year, Gazprombank (MOEX ...
Posted: August 21, 2015, 4:40 am

Arabtec CEO Hasan Ismaik Becomes First Jordanian Billionaire

The first Jordanian national to join Forbes’ wealth rankings, Hasan Ismaik is also the third-youngest billionaire in the Middle East, only older than Lebanon’s Ayman Hariri, 36, and Fahd Hariri, 33. (Ziyad Manasir, a Jordanian construction magnate ...
Posted: June 2, 2014, 7:39 pm

Appeal filed against recovery of $318k in favor of Gazprom contractor

Stroygazconsulting is controlled by billionaire Ziyad Manasir. On May 18, the Moscow Regional Commercial Court partially upheld Stroygazconsulting's lawsuit to recover one billion rubles ($31.7 million) from 494 Upravleniye Nachalnika Rabot. The court also ...
Posted: October 13, 2016, 3:00 pm
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