This article needs additional citations for verification .(February 2013) |
Formerly | Mirax Group |
---|---|
Company type | Privately held company |
Founded | December 2011 |
Headquarters | Moscow, Russia |
Area served | |
Products | Mixed-use development and construction |
Services | Investment and development |
Owner | Sergei Polonsky |
Potok (Rus. Flow) is a Russian investment and development company with the head-office in Moscow. Its activities include mixed-use development, construction, managing and selling of real estate in Moscow and abroad. The projects, which were previously under the control of the Mirax Group corporation, now are being developed by this brand.
Potok was founded on December 1, 2011, by Sergei Polonsky, and this company has inherited all the structures and liabilities of Nazvanie.net (former Mirax Group). As reported earlier, the Mirax Group brand was officially closed on 3 March 2011, at a special press-conference for media representatives, who received the official statement of the Board of Directors of the investment and development company MIRAX GROUP. It stated that all the obligations of the group on completion of the objects would certainly be fulfilled. All public debt сommitments of the group (denominated bonds, CLNs and LPNs), said the statement, would also be honored in full accordance with the terms of restructuring.
On December 1, 2011, Sergei Polonsky officially changed the name of the company to Potok, with all the obligations and structures of Nazvanie.net to be retained by the new company.
The controlling interest of Potok belongs to its founder, chairman of the board of directors, Sergei Polonsky.
In July 2012, the restructuring of the public debt of the Potok company (ex-MIRAX GROUP) was successfully completed. It took the company one and a half years to prepare this deal together with the debt restructuring agent, OAO Alfa-Bank and a working group of creditors. The restructuring [1] included the exchange of the five existing at the time security issues – three ruble bond issues and two English law note issues – for the new issue of notes (LPN2019) with the face value of RUR14.5 billion. As collateral for this transaction, 8 projects and a personal guarantee of the Potok shareholder Sergei Polonsky were used. For investors who cannot own the notes for certain reasons, new ruble bonds worth RUR1 billion were issued.
Potok operates in the real estate markets of Russia, Ukraine, France, Cambodia, Malaysia, Montenegro, United States, Switzerland and Beetham Tower in United Kingdom. In May 2011, the company's portfolio included several projects with a total area of about ten million sq.m.
Potok is the client and developer of the second-tallest skyscraper in Europe, business complex Federation Tower, in the Moscow International Business Center – "Moskva City". In May 2011, Sberbank of Russia allowed a credit [2] of $373.6 mln for the completion of the tower construction.
As a result of certain restructuring, a new scheme of project management was implemented, in which the management triad, composed of the CEOs and top managers of the company, shall carry out all the construction works on each project of the company operational program and, therefore, bear full responsibility for the result.
The structures of Potok also comprise several companies previously engaged in separate and distinct types of business. Among them are Stolitsa-Service (engaged in the management and operation of the commissioned buildings), ex-Mirax-Pharma (research, production, and retail of pharmaceutical products), ex-Mirax-Design (design and fulfillment of interiors), and others.
PJSC Sberbank is a Russian majority state-owned banking and financial services company headquartered in Moscow. It was called Sberbank of Russia until 2015. Sberbank has operations in several European nations, primarily post-Soviet countries.
The Federation Tower is a complex of two skyscrapers built on the 13th lot of the Moscow International Business Center in Moscow, Russia. The two skyscrapers are named Tower East or Vostok and Tower West or Zapad.
The Russia Tower was a skyscraper project planned for the Moscow International Business Center in Moscow, Russia. It was started but eventually was cancelled due to the financial crisis of 2007–2008. It was replaced by the Neva Towers project.
Alexander Yevgenievich Lebedev is a Russian businessman, and has been referred to as one of the Russian oligarchs. Until 1992, he was an officer in the First Chief Directorate of the Soviet Union′s KGB and later one of the KGB's successor-agencies, Russia's Foreign Intelligence Service (SVR).
Sergei Viktorovich Pugachev, also spelled Sergey Pugachyov, is a Russian-born French business magnate. He is a doctor of technical sciences and a member of the International Engineering Academy.
Rusnano Group is a Russian state-established and funded company. The Rusnano Group's mission is to create competitive nanotechnology-based industry in Russia. Rusnano invests directly and through indirect funds into all major knowledge-based areas where nanotechnology is widely implemented: electronics, optics, telecom, classic and renewable energy, healthcare and biotechnology, materials and metallurgy, engineering and chemistry.
VEB.RF, or VEB, is a Russian state development corporation and investment company. It was founded in 2007 as a development institute. It has financed more than 300 projects.
INTECO is a Russian developer group of companies. It specializes in integrated development projects in Moscow and the regions of Russia. The controlling shareholder of INTEСO is National Bank TRUST. Group Headquarters are located in Moscow.
After the dissolution of the Soviet Union in 1991 and the end of its centrally-planned economy, the Russian Federation succeeded it under president Boris Yeltsin. The Russian government used policies of shock therapy to liberalize the economy as part of the transition to a market economy, causing a sustained economic recession. GDP per capita levels returned to their 1991 levels by the mid-2000s. The economy of Russia is much more stable today than in the early 1990s, but inflation still remains an issue. Historically and currently, the Russian economy has differed sharply from major developed economies because of its weak legal system, underdevelopment of modern economic activities, technological backwardness, and lower living standards.
SU-155 Group is a Russian vertically integrated group of companies which is a leader in the Russian building construction industry. Besides building construction and real estate development, the group conducts activities in construction and non-metallic materials manufacturing, mechanical engineering, and investing in land, engineering and public infrastructure. The group headquarters is in Moscow.
Sergei Yurievich Polonsky is a Russian businessman. He is the owner and head of one of the largest real estate companies in Russia, Mirax Group (2004–2011). He was one of the richest men in Russia before the late-2000s financial crisis. Now, he is a shareholder and investor in a number of commercial structures incorporated by the holding company Potok. He is currently awaiting trial in Moscow on charges of fraud. On 12 July 2017 he was found guilty, but the judge ruled that too much time had passed since the crime was committed for the court's decision to be implemented.
The Moscow Exchange is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), and the country's largest clearing service provider, the National Clearing Centre. The exchange was formed in 2011 in a merger of the Moscow Interbank Currency Exchange and the Russian Trading System.
PIK, officially Public Joint Stock Company «PIK-specialized homebuilder», is a leading european homebuilder and construction company headquartered in Moscow. Being the largest housing developer in Russia and Europe, PIK specializes in construction and sale of comfort-class housing mainly in the segment of industrial housing construction. Since its establishment in 1994 PIK has built more than 30 million m2 of housing, providing apartments for more than 2 million people. The company operates in 15 regions of Russia, with a focus on Moscow and the Moscow region.
Atommash («Атоммаш») is a multidisciplinary engineering company located in Volgodonsk, Rostov Oblast, Russia. It was established in 1976 as a nuclear engineering corporation. Following privatization and bankruptcy in 1999, the industrial facilities of the enterprise were owned and managed by ZAO Energomash–Atommash, a part of the diversified engineering company Energomash.
Sberbank City is a building complex in Moscow, Russia, that opened in November 2021. It consists of five buildings, including two skyscrapers, with a gross floor area of 207,700 m2 (2,235,664 sq ft).
Artur Vladimirovich Kirilenko (Russian: Арту́р Влади́мирович Кириле́нко; born 22 June 1972), a Russian entrepreneur, between 1994 and 2010 was owner and director of Stroymontazh, one of the largest property development companies in St Petersburg, Russia. Honorary Builder of Russia.
Stroymontazh was a Russian construction and property development company. Headquartered in Saint Petersburg, it was previously a market leader in residential construction in this region with a population size of more than 5.3 million, and had an international projects portfolio which included a 110,000 m2 development on the outskirts of Paris, France. The company suffered significantly as a result of the economic and financial crisis of 2008-10 and a corporate dispute with one of its creditors, Baltisky Bank. In 2010, Storymontazh was put into bankruptcy administration, and in July 2015, the company was dissolved.
Sergei V. Kovbasyuk is a Russian attorney, founder and manager of the Attorneys and Business law firm, member of the Moscow City Chamber of Attorneys and the Public Council under the Ministry of Internal Affairs of the Russian Federation.
The Antipinsky Refinery is a Russian oil refinery located in south-east Tyumen, Tyumen Oblast, adjacent to the Tyumen trunk oil pipelines and the Tyumen-3 pumping station. It is amongst one of the larger refineries in Russia, participating on the Urals and West Siberian oil market, where it is the only refinery in operation in the Ural Federal District. As of 2022, it is Russia's largest privately owned oil processing plant, with a total processing capacity of nine million tonnes of crude oil per year. It is also the only oil refinery constructed in Russia since the dissolution of the Soviet Union.
Brusnika is a Russian real estate developer that specialises in residential high-rise construction. The company was founded in 2004. Its headquarters are located in Yekaterinburg with projects concentrated in Tyumen, Novosibirsk, Yekaterinburg, Surgut, Vidny and Kurgan.