The son of former Russian Prosecutor General Yuri Chaika Chaika Artem ceased to be the owner of the head structure Turetskogo salt mine, one of the largest salt producers in the country. The asset moved to the top Manager Andrew Svyatoshenko. The change of owners of the company explained the termination of the transaction with Mr. Seagull. But market participants and experts do not exclude that the exit of capital could be formal.Artem Chaika, the son of former Prosecutor General and current presidential envoy to the North Caucasus Federal district Yuri Chaika, has ceased to own 90% of STPC, which controls Irkutsk OJSC “Turetsky solerudnik”. Changes to entities made in July, it follows from Kartoteka.ru. Now this package belongs to STPC CEO Andrew Svyatoshenko, who owned the company before becoming Mr Seagull in the capital in 2016. Another 10% STPC retained CEO Turetskogo salt mine and Mikhail Karamushka.Turetsky salt mines — one of the largest producers of salt in Russia. According to its own data, operates the field with the basic reserves of 600 million tons. Manufactures products under the brands “Baykalochka”, “100 seas”, etc. In January—September 2019 the company has increased the supply of salt by 12.54% to 86,05 thousand tons, from the data “Rusprodsoyuz”.In 2013, the company also won the right to use subsoil for the exploration and extraction of salt in the Kaluga region, where he planned to build over 2 billion rubles. plant capacity of 150 thousand tons per year. But in recent years about the implementation of the project were not reported. Revenue of JSC “Turetsky solerudnik” in 2018 — 1.56 billion rubles., net profit — 219,08 million rubles In the company to questions “b” is not answered.Andrew Svyatoshenko said “Kommersant” that the changes in the founders STPC associated with the termination of the transaction with Artyom Chaika. Go into details the CEO STPK did not. Contact Mr. Chaika failed. The interlocutor of “Kommersant” in investment circles said that four years is a long time for the termination of such transactions, usually within one to two years. But Artem the Seagull could not perform some initial arrangements, then the valid period, he adds. Turetsky salt mines was the only asset Artema the Seagull on the market, it from the register.According to partner legal Bureau “Zamoskvorechye” Dmitry Shevchenko, the transfer of the shares from one owner to another and back again could be cash-strapped, otherwise I would have had to come up with payment plans, account for taxes, etc. At the same time, Kommersant’s source in the salt market believes that the exit of a number of shareholders STPC can be formal and Mr. Chaika remain the actual beneficiary of the business. According to him, any objective reasons for withdrawal from the market no: profitability in the industry is not reduced, but demand, despite the pandemic COVID-19, is maintained. At aboutcancam “Rusprodsoyuz”, in the first quarter the volume of the market of food salt in Russia grew by 3.5%, to 342,6 thousand tons year-on-year. At year-end figure may be a minimum of 1.43 million tons compared to 1.42 million tons a year earlier, predicts the Association.Dmitry Shevchenko says that theoretically, the concealment of the real owner it may be necessary to protect such person against possible claims by creditors of the company. But, according to the lawyer, the current legislation in this part no longer offers the true beneficiaries to evade responsibility, even if the company decorated on straw men. Senior partner of the bar Association Pen & Paper Valery Zinchenko said that the reorganization of the company ownership could be associated with a change in the “political vector”. The situation in Russia in 2016 could “let Artem Chaika is not only open to own the company, but will probably get certain preferences in the business,” says the lawyer. Current conditions, he adds, apparently, does not contribute to “fully remain the formal owner of the company”.Anatoly Kostyriv
