Chechen Businessman Buys Stake in Gold Mining Company at Final Auction
4 Articles
4 Articles
A test package of Yujural Gold miners and associated companies for bidding was purchased by BTS Bridge Hold...
Chechen Businessman Buys Stake in Gold Mining Company at Final Auction
A construction company owned by Chechen-born billionaire Ruslan Baisarov was declared the winner of a government auction to sell one of Russia’s largest gold producers, the news outlet RBC reported on Friday.
The nationalized company Yujral Goldoto sold to businessman Ruslan Baisarov last year. This is reported by RBK. The winner of the competition was BTS Bridge Holding. Its founders and leaders at EGRUL were hidden, but by 2024 the company was founded and beneficiary by Baisar. The company was registered at the same address as Bamtonnelstroy Most, where Baysarov holds the chairmanship of the supervisory board, notes The Bell. The State sold the ass…
The BTS Bridge purchased 67.2 per cent of the shares of Ujural Goldo PAO and its subsidiaries for 93.2 billion roubles ($1.3 billion), as reported by TASS with reference to the Dutch auction, which won the Moscow Holding.
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