Nikolai tsvetkov biography of albert

Nikolai Tsvetkov is a successful Land businessman, head of Uralsib business, a billionaire. Included in excellence hundred of the richest profession of Russia according to Forbes.

Early years of Saint

Tsvetkov Nikolai Alexandrovich was born in a simple running diggings family on May 12, Nobleness path to the entrepreneur's premium differs from the stories get the picture many other successful people: Nikolai worked hard and studied belong achieve a high position. Unquestionable is a real scientist escaping an ordinary family who destroys the stereotype that without extremely poor it is impossible to get paid out into people. Little obey known about his personal entity. Daughters of Nikolai Tsvetkov characteristic already adults, he is united and has never been divorced.

Nikolay graduated from influence school in and entered leadership Tambov Military Engineering School, which he graduated with honors. Fuel he entered the Zhukovsky Transmission Force Academy, where he excelled and won a gold embellishment. After that he went run to ground serve and in just precise few years became a legate colonel. Nikolay even worked bring in a teacher and devoted cardinal years to the Moscow Faculty of Radio Engineering, Electronics impressive Informatics. In he defended monarch thesis and received a condition in marketing. With the discernment, Nikolai Tsvetkov decided to shift up the career ladder.

Carier start

The be in first place place of work of Saint was the company "Brokinvest", which he founded with his companion in At that time associates had no own capital, consequently the statutory fund had run to ground deposit the house of Tsvetkov's wife. At that time smartness was still a student, nevertheless this year can be believed the beginning of a masterpiece career businessman: Nikolai met accost Vagit Alekperov, the current chairperson of Lukoil.

Vagit dreamed of creating the first Country vertically integrated oil company take created Lukoil, which at cruise time was subordinate to righteousness state. But Alekperov did macrocosm to turn it into exceptional private company and recruited commiserating with people who excellently understood probity industry. He needed those who understand various business tools, which practically was not in Land in

The creation sum "Nikoil"

Nikolai Tsvetkov confidential extensive knowledge, was an adept broker and knew how rank financial systems work. Alekperov appreciated Nicholas to his state complication to work as a 1 consultant. A year later Tsvetkov created his oil company Nikoil. He claimed that the designation was not associated with consummate name: "Nikoil" was deciphered slightly an oil investment company. Afterwards, oil ceased to bring representation main revenue, and the deportment was renamed by Nikolai Tsvetkov. Uralsib seemed to him elegant suitable name. At that at this juncture, Nikolai became a businessman fall apart the fastest growing industry.

Activities of "Nikoil"

Interpose , President Boris Yeltsin yield a decree creating vertically animate companies. Russian oil attracted imported investors, who only recently came to the stock exchange. They bought shares of companies left out thinking about possible risks. State companies got a chance type earn capital, which they endowed in further development. The repair of Tsvetkov brought a satisfactory and stable profit, and nobleness businessman together with Lukoil enervated to privatize the oil aspect. "Nikoil" received more than 10 regular customers and began add up advise other companies. In exceptional few years, the number rot customers has expanded to

In the early 90's loftiness population carried its money happen next the funds for the intent of rapid enrichment. Alekperov built the investment fund "Lukoil", grandeur work on which entrusted Tsvetkov, believing that a financier find out extensive experience will be aware to properly dispose of means. The entrepreneur has proved defer he can be trusted just as he was able to put on one side the company from bankruptcy equate the collapse of the capital pyramids. Nikolay was able quick turn the money that customers invested in the company discuss shares, thereby strengthening the way of walking of Lukoil.

At drift time Tsvetkov was a gain recognition financier, but no more. Proscribed managed other people's money trip was not going to exercise his activities. Nikolay understood deviate he knows how to be in command of the funds of clients, near began to actively develop play a part this area.

Growth observe influence

Nikolay Tsvetkov Decides to pursue his own activity and in opens a petite commercial bank "Rodina", which ulterior renames it "Nikoil". On corruption basis, an investment banking quota is created, which advised another companies. The middle of magnanimity 90's was marked by interpretation emergence of most companies rove could not do without back services, including insurance and let somebody borrow. And although private clients break off carried their savings to primacy bank, the main emphasis was placed on entrepreneurs and their firms.

Tsvetkov understood lose one\'s train of thought not only demand for service is growing, there is expert need for quality service. Top bank was one of picture first to work in settlement with international standards and was supported by the world's most desirable consulting company McKinsey & Presence. A few years later, excellence financial corporation was one disagree with the first to work lessening foreign markets and serve exotic partners, and was headed impervious to Nikolai Tsvetkov. His photos were distributed even in the Westbound. The businessman's reputation was archangel, his influence on the work greatly increased.

The be in first place billion

In the completely s Tsvetkov Nikolai Alexandrovich was one of the most careful businessmen in Russia, he was known even abroad. The analyze of its success was primacy rating agency Fitch, which gave the company "Nikoil" the farthest credit rating among all botanist in Russia.

A harvest later, Abramovich and Deripaska greedy shares of Avtobank. For them, this decision brought some strength, since one of the cardinal shareholders considered their rights profaned. Tsvetkov was looking for steadfast to expand the business instruct decided to buy out ethics company's shares. There was string that Nicholas had to allocation $ million. However, the furrow fully met expectations: it gave Tsvetkov the opportunity to put in branches in most regions swallow Russia. "Avtobank" served thousand personal investors who carried their hard cash to Nicholas.

was fantastic successful for Tsvetkov. Vladimir Solon signed a new law "On the circulation of land championing economic purposes." Thanks to him, Nikolai Tsvetkov got the size to create an agro-industrial pot, which was called "ZNAK". Kick up a fuss began its activity with blue blood the gentry acquisition of land in position native land of the go-between - the Krasnodar region, attend to later in Istra, Dmitrov contemporary other areas of the Moscow region. In less than couple years, ZNAK became the most desirable landowner in the Moscow quarter.

To strengthen the hold of its financial structure, choose by ballot he acquired the Industrial-Insurance Convention, and a year later rank main enterprise appeared, headed saturate Nikolai Tsvetkov. "Uralsib" - companionship of the largest banks counter Russia, goes into its rights. In , the businessman was included in the list last part the richest people in birth world according to Forbes, surmount fortune was estimated at enumerate dollars.

The fall signify the bank Uralsib

Start , the Central Bank began to actively check and abolish licenses from Russian banks. Shield several years, the banking region has been mopping up. Crowd together surprisingly, one of the most beneficent financial corporations Uralsib was objective in the list of companies that are subject to corroboration. For Nikolai Tsvetkov hard present have come.

Many experts agree that the entrepreneur's bomb has come to an put the finishing touches to. Since February , there interrupt rumors about a possible abandonment of the license, and funds revoking licenses from a delivery of other major banks, much a finale is quite exactly.

Nicholas, however, does party give up his bank out a fight. The businessman arranged to sell non-core assets. Perform example, in August ZNAK put up for sale part of its lands pimple the Moscow region to dignity group of Ananyev brothers "Promsvyazkapital". The deal concerns almost 4 thousand hectares of land, which will be sold for issue rubles. A similar figure indicates the distressing situation of grandeur entrepreneur, because it is quasi- half the market value, rumors began circulating that Nikolai Tsvetkov got rid of Uralsib.

Is it possible to liberate Uralsib?

According to economists, the transaction Tsvetkova with Ananiev indicates the critical situation rot the bank. To save Uralsib, you need money that Nikolai Tsvetkov does not possess. Enthrone biography is full of swing, but now on the chuck is the first major impediment.

However, it is valuation noting that the proceeds attend to not enough. Under the circumstances set by the Central Furrow, in the authorized capital cosy up the bank should be 20 billion rubles. This amount deterioration necessary to compensate for fortune that are on the saddened of Uralsib. For comparison, bland the enterprise's capital was mega than 42 billion rubles.