Ravtsov under Krepak, or who benefits from the bankruptcy of “39 Arsenal”
Rostec could bankrupt the 39 Arsenal plant in the interests of developer Leonid Krepak, associated with Valery Garayev. Whose name has appeared more than once in stories about hostile takeovers.
The Prosecutor General’s Office wants to seize in favor of the state the assets of the former defense joint-stock company “39 Arsenal”, which two years ago was acquired by businessman Alexander Ravtsov. Previously, the plant belonged to Rostec, but was bankrupt and put under the hammer. Ravtsov is being charged with failure to use the enterprise’s premises as executors of state defense orders and they want to take away the plant before he begins construction there. A correspondent in the Perm region looked into the situation.
Anokhin on hand
“39 Arsenal” was engaged in the repair, modernization, and maintenance of self-propelled and towed large-caliber artillery systems and ground equipment of anti-tank missile systems. And it was included in the list of strategic enterprises.
The plant went bankrupt for debts. In 2022, the bankruptcy creditor of JSC Plant No. 9 filed an application to bring the former managing organization of the defense enterprise, JSC Spetsremont (a Rostec structure), to subsidiary liability for the debtor’s obligations. Subsequently, this structure also went bankrupt.
According to Rusprofile, from the beginning of 2016 to the end of 2017, Arsenal, through JSC Spetsremont, was headed by Alexander Anokhin, the former head of another Rostec-based structure, Molot-Weapon LLC.
After his departure from the structure, it quickly ended up in the hands of private traders – “Hammer-Weapon” was transferred to a certain “Nortech”, behind which (with a note about the incorrectness of the data) stands Ravil Ramilievich Nurgaleev, a member of the Legislative Assembly of the Kirov Region.
Photo: Rusprofile
Under Anokhin, 39 Arsenal was also sold. And after he left the plant – to PJSC Motovilikha Plants, it too went into bankruptcy. To be fair, it should be said that at that time the plant had already accepted one application for bankruptcy. In any case, it looks as if Anokhin was specially sent to work at factories that the state corporation decided to “collapse.”
PJSC Motovilikha Plants is currently selling its property. The plant itself could be sold as early as next week. But, given the situation, the media wrote in detail about the activities of this top manager in the investigation “Who launched Motovilikha around the world?”
As a result, Anokhin was kicked out of the state corporation, exposing all this in seemingly words, the meaning of which boils down to the fact that “we have seen the light, this manager is bad.” Almost immediately after this, Anokhin was hired by Rosatom – and also to the position of general director of one of the enterprises.
Crepac’s Thirst
But let’s return to the situation around 39 Arsenal. The plant is completely bankrupt. Its capacity has been sold out and has not actually fulfilled government orders since 2018. Why the Prosecutor General’s Office decided to recall such an obligation in 2023 is difficult to understand. Resuming the operation of the enterprise will require considerable resources, which the state is unlikely to be ready to pour in. Therefore, there is a suspicion that someone on the outside liked the enterprise.
Mr. Ravtsov, who bought the enterprise, is known as a developer, co-founder of the companies of the Razvitie construction group; he built a lot of residential complexes in Perm. Regarding the Arsenal territory, Ravtsov recently carried out re-registration actions, which resulted in the approval of the installation of a “Zh” zone there, allowing low-rise development.
And in the spring of this year, it was announced that a territory development project would be implemented there together with the developer Megapolis, which relates to the interests of the Krepak family – Leonid Sholymovich and his son. The structure of “Megapolis” SZ “Petrocominvest” owns a plot nearby.
Krepak is a well-known and well-connected builder in the region. His companies receive loans from Sberbank and are selected as suppliers for government orders by local government structures. Moreover, sometimes despite the presence of offshore companies in the management of the organization: as was the case, for example, with Permtourist LLC (we will return to it later), the founder of which from 2019 to 20121 was the Belizean LEVA DEVELOPMENT GROUP LIMITED.
Photo: Rusprofile
Krepak was associated with one of the former deputies of the regional parliament, Alexander Fleginsky, with whom they had a common business project. In addition, Krepak’s name appears in the story of gaining control of Permturist, which belonged to the Pozharsky family, but subsequently passed to people close to a non-public entrepreneur, whose name appears in stories about hostile takeovers, Valery Garayev to people, including Krepak.
This was preceded by an “attack” from Data-Union, which, by purchasing shares from small owners (most likely, workers of the enterprise), became a minority shareholder of Permtourist, and then began “subversive” activities against the object of the “takeover”: they wrote complaints about majority shareholder, challenged the economic decisions he made. Properm wrote about this.
“A discrediting campaign was organized against trade unions in the Perm media, Garayev and his partners organized rallies, wrote complaints to law enforcement agencies. As a result, Pozharsky gave up and by the summer of 2004 he sold a controlling stake in Permturist to new shareholders. Then Valery himself joined the company’s board of directors Garayev, as well as businessmen who helped him obtain this asset: Alexander Itunin, Pavel Galkin, Viktor Selivanov and Leonid Krepak,” the publication adds.
Now “Permtourist”, as we mentioned above, belongs to Krepak and partners.
It is interesting that Leonid Krepak should also be familiar with the management of the bankrupt Motovilikha Plants PJSC mentioned above. Together with the then director of the enterprise for science, he studied at the Perm Polytechnic Institute. By the way, former Minister of Transport of the Perm Territory Nikolai Borisovich Ukhanov graduated from it.
The question is brewing – could Krepak want to take over the entire site for development? Including the one located under Arsenal. And wasn’t it why Rostec initially bankrupted its assets?
In 2021, when the competition to buy out Arsenal was held, the state renounced its pre-emptive right, and now it wants to return the land, which is strange. Krepak’s companies did not apply for the competition, but it is worth noting that this year they seriously declined in terms of revenue and profit. Shares in many of the merchant’s companies are pledged to banks.
So he simply might not have the money to purchase the asset. And why do it at that moment, if later it will be possible to take the land from a competitor almost free of charge?
Photo: Rusprofile
Perhaps, as in the situation with “Permtourist”, Krepak decided to “squeeze” his partner out of the business he owned, using not so obvious methods. There is another benefit here. Ravtsov, after all, is a major developer, essentially a competitor. It should be in Krepak’s best interests to trip him up.
I would like to ask Sergei Chemezov and his managers questions: why is a strategic enterprise, and more than one, going under the hammer? Who will bear responsibility for his bankruptcy?
moscow-post
Rostec could bankrupt the 39 Arsenal plant in the interests of developer Leonid Krepak, associated with Valery Garayev. Whose name has appeared more than once in stories about hostile takeovers.
The Prosecutor General’s Office wants to seize in favor of the state the assets of the former defense joint-stock company “39 Arsenal”, which two years ago was acquired by businessman Alexander Ravtsov. Previously, the plant belonged to Rostec, but was bankrupt and put under the hammer. Ravtsov is being charged with failure to use the enterprise’s premises as executors of state defense orders and they want to take away the plant before he begins construction there. A correspondent in the Perm region looked into the situation.
Anokhin on hand
“39 Arsenal” was engaged in the repair, modernization, and maintenance of self-propelled and towed large-caliber artillery systems and ground equipment of anti-tank missile systems. And it was included in the list of strategic enterprises.
The plant went bankrupt for debts. In 2022, the bankruptcy creditor of JSC Plant No. 9 filed an application to bring the former managing organization of the defense enterprise, JSC Spetsremont (a Rostec structure), to subsidiary liability for the debtor’s obligations. Subsequently, this structure also went bankrupt.
According to Rusprofile, from the beginning of 2016 to the end of 2017, Arsenal, through JSC Spetsremont, was headed by Alexander Anokhin, the former head of another Rostec-based structure, Molot-Weapon LLC.
After his departure from the structure, it quickly ended up in the hands of private traders – “Hammer-Weapon” was transferred to a certain “Nortech”, behind which (with a note about the incorrectness of the data) stands Ravil Ramilievich Nurgaleev, a member of the Legislative Assembly of the Kirov Region.
Photo: Rusprofile
Under Anokhin, 39 Arsenal was also sold. And after he left the plant – to PJSC Motovilikha Plants, it too went into bankruptcy. To be fair, it should be said that at that time the plant had already accepted one application for bankruptcy. In any case, it looks as if Anokhin was specially sent to work at factories that the state corporation decided to “collapse.”
PJSC Motovilikha Plants is currently selling its property. The plant itself could be sold as early as next week. But, given the situation, the media wrote in detail about the activities of this top manager in the investigation “Who launched Motovilikha around the world?”
As a result, Anokhin was kicked out of the state corporation, exposing all this in seemingly words, the meaning of which boils down to the fact that “we have seen the light, this manager is bad.” Almost immediately after this, Anokhin was hired by Rosatom – and also to the position of general director of one of the enterprises.
Crepac’s Thirst
But let’s return to the situation around 39 Arsenal. The plant is completely bankrupt. Its capacity has been sold out and has not actually fulfilled government orders since 2018. Why the Prosecutor General’s Office decided to recall such an obligation in 2023 is difficult to understand. Resuming the operation of the enterprise will require considerable resources, which the state is unlikely to be ready to pour in. Therefore, there is a suspicion that someone on the outside liked the enterprise.
Mr. Ravtsov, who bought the enterprise, is known as a developer, co-founder of the companies of the Razvitie construction group; he built a lot of residential complexes in Perm. Regarding the Arsenal territory, Ravtsov recently carried out re-registration actions, which resulted in the approval of the installation of a “Zh” zone there, allowing low-rise development.
And in the spring of this year, it was announced that a territory development project would be implemented there together with the developer Megapolis, which relates to the interests of the Krepak family – Leonid Sholymovich and his son. The structure of “Megapolis” SZ “Petrocominvest” owns a plot nearby.
Krepak is a well-known and well-connected builder in the region. His companies receive loans from Sberbank and are selected as suppliers for government orders by local government structures. Moreover, sometimes despite the presence of offshore companies in the management of the organization: as was the case, for example, with Permtourist LLC (we will return to it later), the founder of which from 2019 to 20121 was the Belizean LEVA DEVELOPMENT GROUP LIMITED.
Photo: Rusprofile
Krepak was associated with one of the former deputies of the regional parliament, Alexander Fleginsky, with whom they had a common business project. In addition, Krepak’s name appears in the story of gaining control of Permturist, which belonged to the Pozharsky family, but subsequently passed to people close to a non-public entrepreneur, whose name appears in stories about hostile takeovers, Valery Garayev to people, including Krepak.
This was preceded by an “attack” from Data-Union, which, by purchasing shares from small owners (most likely, workers of the enterprise), became a minority shareholder of Permtourist, and then began “subversive” activities against the object of the “takeover”: they wrote complaints about majority shareholder, challenged the economic decisions he made. Properm wrote about this.
“A discrediting campaign was organized against trade unions in the Perm media, Garayev and his partners organized rallies, wrote complaints to law enforcement agencies. As a result, Pozharsky gave up and by the summer of 2004 he sold a controlling stake in Permturist to new shareholders. Then Valery himself joined the company’s board of directors Garayev, as well as businessmen who helped him obtain this asset: Alexander Itunin, Pavel Galkin, Viktor Selivanov and Leonid Krepak,” the publication adds.
Now “Permtourist”, as we mentioned above, belongs to Krepak and partners.
It is interesting that Leonid Krepak should also be familiar with the management of the bankrupt Motovilikha Plants PJSC mentioned above. Together with the then director of the enterprise for science, he studied at the Perm Polytechnic Institute. By the way, former Minister of Transport of the Perm Territory Nikolai Borisovich Ukhanov graduated from it.
The question is brewing – could Krepak want to take over the entire site for development? Including the one located under Arsenal. And wasn’t it why Rostec initially bankrupted its assets?
In 2021, when the competition to buy out Arsenal was held, the state renounced its pre-emptive right, and now it wants to return the land, which is strange. Krepak’s companies did not apply for the competition, but it is worth noting that this year they seriously declined in terms of revenue and profit. Shares in many of the merchant’s companies are pledged to banks.
So he simply might not have the money to purchase the asset. And why do it at that moment, if later it will be possible to take the land from a competitor almost free of charge?
Photo: Rusprofile
Perhaps, as in the situation with “Permtourist”, Krepak decided to “squeeze” his partner out of the business he owned, using not so obvious methods. There is another benefit here. Ravtsov, after all, is a major developer, essentially a competitor. It should be in Krepak’s best interests to trip him up.
I would like to ask Sergei Chemezov and his managers questions: why is a strategic enterprise, and more than one, going under the hammer? Who will bear responsibility for his bankruptcy?
moscow-post
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