Galchev Romeo Ilyich biography. Biography and latest news of the owner of Eurocement Group Filaret Galchev. Why the fortune of Filaret Galchev collapsed from $5.6 billion to $305 million

Next to the name of Filaret Galchev, the words “cement magnate” often coexist. The businessman and billionaire radically changed the cement industry in Russia and brought it to the world leaders.

Diligence and education allowed the entrepreneur to climb the oligarchic Olympus, and even large losses, estimated at several billion dollars, did not force the businessman to leave the list of two hundred richest Russians. Galchev's biography is no different bright pages, and yet it is quite instructive.

Almost nothing is known about the childhood and youth in the biography of Filaret Galchev. A boy with an exotic Greek nationality for the post-Soviet space was born on May 25, 1963. At that time, his father Ilya Azarievich and mother Elizaveta Agepsimovna lived in the Georgian village of Tarsoni. According to some reports, in reality, the birthplace of the "cement king" is the village of Gumbati, known in Georgia as Kyumbyat.

Filaret became the second heir in the family. By that time, the Galchievs already had a son, who was born five years earlier. Now the elder brother of the current oligarch occupies the second most important position after the president in the Eurocement company.

Education

In the pursuit of higher education in 1986, Filaret Galchev left for the capital Soviet Union, where he entered the Moscow Institute of Mining. Remoteness from his homeland and a beggarly scholarship forced Filaret to take on part-time jobs, which only strengthened his industriousness and became his start in entrepreneurship.

During the period of study, the future oligarch was the commandant of the institute hostel, acted as chairman of the university trade union committee, and at night, like many students, he worked as a loader at the railway station.

In 1991, Galchev graduated from the university with a diploma in the mining industry.

Later, in 1996, after defending his dissertation, Filaret Ilyich became a candidate, and 5 years later - a doctor of science in the coal mining industry.

Since 2004, being a businessman, Filaret Galchev took a professorship at the department of the Moscow State Mining University, where he taught for some time.

Career and business of Filaret Galchev

Successful graduation from the university did not go unnoticed and played an important role in Galchev's further career. In 1991, he became the chief expert at the Mining Institute. Skochinsky. A year later, a young, talented specialist became the General Director of the International Trade House. Filaret Ilyich stayed in this position for a year, after which, until 1997, he headed the sales department at Rosugol.

During this period, Galchev seriously thought about his own business, and soon Rosugolsbyt CJSC was registered. A year later, the entrepreneur became chairman of the board of the organization he created. At the same time, he headed the board of directors of JSC Krasnoyarsk Coal Company.

In 2000, Filaret Galchev and Sergey Generalov became the owners of the Krasugol company in equal shares.

The deplorable state of the enterprise initially shocked Galchev. However, the well-coordinated work of partners, experience and the right choice of course allowed the partners not only to restore the company with five billion debt, but also to make it profitable.

After Generalov got rid of his stake in Krasugol in favor of MDM Bank, Filaret Ilyich also decided to sell his stake, without much benefit, but avoiding litigation.

In 2002, Galchev was elected president of the closed joint-stock company Rosuglesbyt, which 2 years later was redesigned and renamed Eurocement. This organization was destined to become the head of the rapidly expanding holding, which later received the same name.

Having discovered the prospects of the cement business, the entrepreneur, in partnership with Georgy Krasnyansky, became a co-owner of Stern-cement, a company that was on the verge of bankruptcy. Several cement plants fell under the control of the emerging Galchev holding.

In 2005, Filaret Ilyich expanded his cement empire with plants that are part of the Inteko company. This organization was purchased from Elena Baturina, the wife of former Moscow Mayor Yu. Luzhkov.

Since then, the Eurocement Group holding has practically got rid of competitors in the vast Russian Federation and became an active player in the international market.

By 2014, the holding, which was under the complete control of Galchev, included 16 most powerful cement enterprises selling products through 19 branches located in various regions of Russia and abroad.

Having become the undisputed leader in its segment in Russia, Filaret Galchev took over more than 10% of the shares of LafargeHolcim, a company that ranks first among cement producers and suppliers on a global scale.

In 2016, Galchev's capital suffered a serious blow.

Having lost a significant part of the shares of LafargeHolcim, the businessman reduced his fortune by more than two-thirds. The loss of billions for Filaret Ilyich is also associated with other aspects of business, among which huge loans and activities that are not entirely clean from the point of view of the law are mentioned.

As a person influencing the Russian economy, the oligarch did not remain aloof from politics. During the period when Galchev was engaged in the coal business, he was a member of a government group dealing with issues of providing fuel to objects of national importance.

Being the owner of an organization that occupies a significant place in Russian and international business, Filaret Galchev became a billionaire and firmly established himself among the two hundred the richest people Russia. Even after losing several billion today, in 2018, the photo of a businessman ranks 99th in the Russian Forbes rating. The capital of the entrepreneur is estimated at $ 1 billion, and the main source of income for the oligarch remains a controlling stake in the Eurocement Group holding.

With the help of data published annually in Forbes magazine, you can analyze the success of entrepreneurial activity and the dynamics of changes in the state of Filaret Galchev (g. - $, billion / place among the Russian rich):

• 2011 – 3,5/31;
• 2012 – 4,4/26;
• 2013 – 6,7/22;
• 2014 – 6/24;
• 2015 – 4,4/23;
• 2016 – 1,5/47;
• 2017 – 1,3/68.

The billionaire owns the original Sapphire yacht. The vessel is not distinguished by its outstanding dimensions, but it is equipped with all the amenities for a luxurious pastime during an ocean voyage.

Among the real estate of the oligarch, there is an exotic villa located on the territory of the Peloponnese island.

Private life of Filaret Galchev

Like most oligarchs, and even more so people from the Caucasus, Filaret Ilyich tries not to talk about his personal life. For a long time, the billionaire has been legally married to Elena Nikolaevna, whose maiden name was Markitanov. During their married life, the couple got two children - daughter Alina and son Ilya.

Fully devoting himself to business, the entrepreneur never stopped his scientific activity and reached a high position in this area.

In addition to a doctorate in economics, Galchev's biography includes membership in several prestigious academies. Filaret Ilyich is the author of more than two dozen scientific papers.

His monographs on marketing and mining economics are known far beyond the borders of the Russian Federation.

As a former student forced to combine studies with night jobs, and a person who is directly related to teaching staff in universities, Filaret Ilyich provides all kinds of support to talented youth.

Galchev's holding is involved in many charitable programs, with the help of the billionaire's funds, mass cultural events having national significance. In addition, for more than 10 years, Eurocement has been listed as a trustee of the Tretyakov Gallery.

Paying tribute to his ancestors, or maybe trying to expand the possibilities of his business, the businessman added Greek citizenship to Russian citizenship, which became the subject of many rumors discussed in the media.

Complaining about the lack of free time, the billionaire refers reading books to his hobbies. As a child, Filaret Ilyich was obsessed with the dream of space flights. In 2015, after the place of a tourist who had the opportunity to visit the ISS was vacated, the press widely discussed the option where Galchev was to become this lucky person. However, later official sources denied this information.

For services to the state and society, Filaret Ilyich Galchev was awarded many awards, including not only Russian, but also international ones.

Galchev Filaret Ilyich is one of the richest Russian businessmen. In 2013, he was ranked twenty-second on the Forbes list. One of the owners of the Eurocement holding, chaired the board of directors of the Krasnoyarsk Coal Company. He is a member of the Board of the Russian Union of Industrialists and Entrepreneurs and the Moscow English Club.

Education

After graduating from school, Filaret Galchev entered the Moscow Institute of Mining as an engineer-economist. He graduated from it in 1991. In 1995 he defended his candidate's and in 1999 his doctoral dissertation. In 2004, Filaret Galchev became a professor of economics and mining planning at the Mining University. He gave lectures to students of Moscow universities. He was engaged in modern scientific research with their application in practice in cement production.

Youth

Filaret Galchev, whose family was replenished with the birth of his daughter, worked four jobs in his youth: as a commandant at the institute, deputy chairman of the trade union committee, engaged in science and unloaded wagons. At the same time he studied at the University of Mining. Galchev managed to sleep only three hours a day. The situation began to change in financial plan in better side after graduation from the institute.

Labor activity

After graduating from a higher educational institution, Filaret Galchev was invited to work as the chief commercial expert at the Institute. Skochinsky. From 1992 to 1993 He served as General Director of the International Trade House. Then, until 1997, he headed the board of the Rosugol company.

In the spring of the ninety-seventh year, Filaret Galchev became the general director of the Closed Joint Stock Company Rosugolsbyt. In 1999, he chaired the board of his subsidiary, and a year later - already in Rosugolsbyt, and also headed the Board of Directors of the Krasnoyarsk Coal Company. In 2002, Filaret Galchev became President of Rosuglesbyt and Chairman of the Board of Directors of Eurocement.

Is a current member of:

• Moscow English Club;
• board of the RSPP;
• an interdepartmental governmental group on the issues of providing fuel to the country's vital facilities;
• Academy of Mining Sciences;
• International Energy Academy.

Own business

After leadership position in the coal company, Filaret Ilyich gained enough experience and business connections to create own business. So in 1996, Rosuglesbyt appeared. In 2004 the company was renamed into Open Joint Stock Company "Eurocement-Group". Over the years of painstaking work, Filaret Galchev created from small company the largest holding uniting more than fourteen cement plants. Open Joint Stock Company "Eurocement-Group" produces cement of all types. Shipment is carried out through nineteen sales branches in more than fifty regions of Russia and abroad.

In 2000, Galchev and S. Generalov bought the Krasugol company in half. At that time, she was bankrupt. Prior to the acquisition of the enterprise by Galchev and Generalov, employees were not paid salaries for eight months. A ton of coal was below cost, debts to many budget organizations amounted to almost five billion dollars.

But Filaret Galchev was sure that he and his partner would raise Krasugol from the ruins of bankruptcy. This is what happened due to the correct conduct of business. When Krasugol passed into the hands of new owners, all the previous management was replaced by a new one, and a professional business team was found. As a result, already in the second month, wage arrears were paid off and large tax repayments began.

But after some time, Generalov sold his share of shares to MDM Bank, without agreeing this step with Galchev. As a result, in order not to get involved in lengthy proceedings, he also sold his stake. Filaret did not manage to make money on the company, but at least he was able to return the invested funds.

Galchev chose the business in the cement industry after analyzing this market in advance. And he considered it the most promising for further development. In 2002, together with G. Krasnoyarsky, they acquired the Stern-cement company, which is on the verge of bankruptcy. She owned several cement factories. The company was subsequently renamed and became part of the Eurocement holding.

In 2005, Filaret Galchev acquired Inteko cement plants. This company was owned by Elena Baturina, wife of the former mayor of Moscow Thanks to modern modernization, proper business conduct and painstaking work, the Eurocement Group holding has become one of the world's largest cement producers in ten years.

Media interest

Filaret Galchev, whose biography is described in this article, has repeatedly come under the scrutiny of funds mass media. There are many reasons for this. In 2000, competition increased in the coal business. It was about the allocation of large sums by Gazprom and the government for the revival of the coal industry, since a certain shortage of raw materials had already begun to be detected. Filaret Galchev, who at that time owned Rosuglesbyt (the largest trader on the world market), also offered a large sum of money - half a billion dollars.

In 2005, due to rising cement prices, dozens of consumer companies filed a lawsuit against Galchev's holding, calling it a monopolist. The FAS conducted an audit and found that there were violations of the law in the activities of Filaret Galchev. Namely - illegally obtained income. As a result, the FAS tried to recover 1.9 billion rubles from the Eurocement Group holding company from the profit received by the company. But the ninth court of Arbitration FAS ruled illegal. Since then, the Eurocement Group holding has ceased to be considered a monopoly enterprise.

Scandal with Russia Partners

In the spring of 2006, there was a major scandal between Russia Partners and Filaret Galchev. Foundation together with a partner, investment company A-1 (from Alfa Group), filed a lawsuit against Eurocement Group with the Moscow Arbitration Court. Moreover, it came from enterprises controlled by Russia Partners, which own forty-four percent of the holding's shares.

The essence of the claim was that in 2004, Eurocement Group withdrew raw materials quarries from the factories. Russia Partners provided data that the holding began to sell raw materials at inflated prices. And already finished products sent to "Eurocement" (renamed "Stern-cement") for subsequent resale.

In 2006, Russia Partners began legal prosecution of the holding in Cyprus and England. The fund's claims were made because of 38.7 percent of the shares of Maltsovsky Portlandcement. This is ECG's largest asset. Galchev and companies controlled by him in Cyprus were accused of retaining this block of shares illegally. Although this package was sold to the holding by the Russia Partners fund in 2004, 38.7% has not yet been transferred from Eurocement to the holding. However, Russia Partners lost as a result.

businessman family

Filaret Galchev (nationality - Greek) was born on May 26, 1963 in the Georgian Soviet Socialist Republic, Tsalka region, the village of Tarson. Father - Ilya Azarievich, mother - Elizaveta Agepsimovna (maiden name Balobanova). Filaret Galchev married Markitanova In this marriage, a daughter, Alina, and a son, Ilya, were born. There is little information about his family, as the millionaire tries to hide his relatives from journalists.

Awards and titles

Filaret Galchev, whose photo is in this article, was awarded in 1995 the badge of "Miner's Glory" of the third degree. Five years later he received the anniversary badge of the Russian Federation. In 2000, he was awarded the Miner's Glory badge of the second degree, and in 2003 - the Miner's Golden Badge. In 2004, Filaret Galchev received the medal "For Mercy" of the second degree. A year later - the Order of Daniel of Moscow. In 2006, Galchev was awarded a medal for the help of the Ministry of Internal Affairs and was awarded the title of "Honorary Builder of Russia". In 2007 he received the golden badge of St. A a year later he was awarded the golden order by FILA.

Filaret Galchev wrote more than twenty-two scientific papers. Among the first, he considered and substantiated the segmentation of the coal market and the formation of competitive prices for products. In 1997, Filaret Galchev published a monograph on the marketing of Russian coal, and later, in 2003, a book was published on topical economic problems in mining.

Galchev has Greek citizenship. In 2011, Filaret Ilyich, according to CemWeek magazine, was named "Person of the Year". Last year, Galchev became one of the participants in the project for preparing tourist flights to the International Orbital Station.

Financial condition

In the mid 2000s. financial condition Filaret Galchev was 2.4 billion US dollars. He became one of the richest entrepreneurs in Russia. Gradually, the fortune grew and reached $5.6 billion. But the economic crisis of 2014 made itself felt.

The demand for products manufactured by the Eurocement Group holding dropped sharply, and Filaret Galchev lost more than four billion dollars. In 2015, according to Forbes rating, Galchev ranked twenty-third among the richest Russian businessmen. And in 2016, Galchev's fortune is estimated at one hundred and fifty-five million dollars.

Filaret Galchev is a well-known Russian entrepreneur, billionaire, sole shareholder and chairman of the board of directors of CJSC Eurocement Group.

He was born on May 25, 1963 in the village of Tarsoni (according to another version - the village of Gumbati (Kyumbat)) of the Tsalka region of the Georgian SSR. Father - Ilya Azarievich, mother - Balabanova Elizaveta Agepsimovna. There is an older brother - Romeo, born in 1958, now holds the post of vice president of Eurocement.

Education and scientific activity

In 1991 he graduated from the Moscow State Mining University.

In 1996 he defended his Ph.D. thesis on the formation of regional coal markets, and in 1999 he received a doctorate in economics, defending his doctoral dissertation "Development of the coal market in Russia" at the Academy of National Economy under the Government of the Russian Federation.

In 2004, he became a professor at the Department of Economics and Planning of Mining at Moscow State University for the Humanities, where he also teaches. In an interview in 2005, he said that the teacher's salary, at his personal request, was automatically transferred to the student fund.

He is a full member of the Academy of Mining Sciences and the International Energy Academy.

Labor activity

As he told Vedomosti, while studying at Moscow State Mining University, the future “cement king” managed to do everything: to act as the commandant of the institute, deputy chairman of the trade union committee, engage in scientific work and even sometimes unload the cars.

Upon graduation, he got a job at the Skochinsky Institute of Mining as a chief expert on commercial issues.

In 1992 he headed the International trading house mining industry as CEO.

A year later, in 1993, he got a job at Rosugol as the head of the department for organizing the coal market.

In 1996, the entrepreneur founded his own company, Rosuglesbyt. In 2000, together with a partner, Sergei Generalov, they bought Krasnoyarsk Coal Company OJSC in half, and Filaret Ilyich headed its board of directors. After some time, the businessman sold his assets in both enterprises, receiving $ 120 million for them.

In 2002, together with a partner, Georgy Krasnyansky, he bought Stern-cement, which owns several cement plants, at the same time it was renamed Eurocement. The holding united 16 cement plants in the Russian Federation, Ukraine and Uzbekistan. In 2007, he bought 23.8% of the shares from Krasnyansky.

Today, Eurocement Group produces a third of all cement produced in the Russian Federation, and the billionaire is the sole owner of the holding (100% of the shares).

It is known that for several years the billionaire was a member of the interdepartmental working group under the government of the Russian Federation to provide fuel to vital facilities in the country.

In December 2013, he joined the Supervisory Board of NUST MISIS.

Board member of the RSPP and the Moscow English Club.

Is a Greek citizen.

Awards

He bears the title of "Honorary Builder of Russia".

In the piggy bank of his awards also
- Medal of the Order "For Merit to the Fatherland, II degree";
- Order of the Blessed Prince Daniel of Moscow;
- "Gold sign of the miner";
- signs "Miner's Glory" III and II Art.

In the list of the richest people in the Russian Federation according to Forbes magazine since 2006. Included in the top 50 richest businessmen (with the exception of the post-crisis 2009 - then his capital amounted to only 600 million dollars). His fortune reached its maximum estimate in 2013 - $ 6.7 billion and 22nd place in the rating. At the beginning of 2016, it occupies the 47th line with a mark of $1.5 billion.

Family status

Is officially married. Wife - Markitanova Elena Nikolaevna, children - Alina and Ilya.

24.05.2018

Galchev Filaret Ilyich

Successful Entrepreneur

News & Events

11/15/2018 The "Patron of the Year" award was presented in St. Petersburg

Filaret Galchev was born on May 26, 1963 in Tbilisi, Georgia. Higher education received in 1991, at the Moscow Institute of Mining Industry. A little later, he becomes a leading specialist in commercial affairs at the Skachinsky Institute. And since 1992, he has already held the position of General Director of the International Mining Trade House. During these years, Galchev acquires significant weight in the business community.

In 1993, he was appointed to the post of head of the coal market organization department at Rosugol. In 1995, Filaret received a PhD in Economics.

Filaret Galchev sought to create his own company. Since he already had enough business experience and many friendly business connections, he creates his own company, Rosuglesbyt. After some time, the company will be renamed Eurocement.

JSC "Eurocement Group" is one of the largest companies in Russia for the production of cement. The main office of the company is located in Moscow. It includes more than 15 smaller enterprises. Representative offices of the company can be found both in Russia and abroad.

The company "Eurocement Group" produces cement of all types. The main clients of the company are the leading construction companies, factories of reinforced concrete structures and individual developers. Since 2004, the plants have been actively modernizing and improving cement production. Enormous funds were spent for these purposes, for example, in 2004 511 million rubles were spent, and in 2005 the amount exceeded 1.5 billion.

The quality of cement produced at these plants meets the requirements of the most stringent commissions and inspections. With improvement technological equipment the work of the workers is also being facilitated. Every effort is made to create lighter and more automated labor. Every effort is being made to create cleaner production.

In 2006, the total amount of cement produced was 27 million tons. And the company's revenue for 2005 is 36 billion rubles. The company's plants produce 35 million tons of cement and 2 million cubic meters of concrete per year. Many times the company "Eurocement Group" was accused of a monopolistic position in the market. In 2006, she was fined by the Federal Antimonopoly Service in the amount of 267 million rubles. This is one of the largest fines in the history of the antitrust service.

In 2015, Eurocement Group reduced its production by 23%.

In the mid-2000s, Filaret Galchev's fortune reached $2.4 billion. This made him one of the richest people in Russia. Gradually, his fortune increased to $ 5.6 billion, but in 2014, due to economic crisis and a sharp decline in demand for Eurocement products, Galchev lost more than 4 billion. In 2016, Filaret Ilyich's fortune was estimated at $155 million.

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was born on May 26, 1963 in the village of Tarson, Tsalka region, Georgian SSR. In 1991 he graduated from the Moscow Mining Institute with a degree in Mining Engineer-Economist.

From 1992 to 1993 Filaret Ilyich Galchev - CEO International trading house of the mining industry.

From 1993 to 1997 Filaret Ilyich Galchev headed the Coal Market Organization Department State enterprise Russian coal company Rosugol.

Since April 1997- General Director, and since 1999 - Chairman of the Board of CJSC Rosuglesbyt Company.

Filaret Ilyich Galchev is a recognized specialist in the field of the coal market, he was a member of the interdepartmental working group under the Government of the Russian Federation for prompt consideration of issues related to the provision of fuel to vital facilities of the country. Repeatedly participated in meetings held in the Government of the Russian Federation on the preparation of fuel and energy companies for work in winter conditions.

In 1995 Filaret Ilyich Galchev defended his Ph.D. thesis on the topic “Economic justification for the formation of a regional coal sales market”.

Filaret Ilyich Galchev is a full member of the Academy of Mining Sciences, a member of the International Energy Academy, has more than 22 scientific papers, one of the first in his scientific papers considered the problem and substantiated the methodology for segmentation of the coal market and the formation of a competitive price for coal products.

In 1997 Filaret Ilyich Galchev published the monograph "Coal Marketing in Russia", and later the book "Coal Marketing in Russia" was published. At the end of 1998, Filaret Ilyich Galchev completed his doctoral dissertation on the topic “Development of the Russian Coal Market”, which he successfully defended on January 22, 1999 at a meeting of the Dissertation Council of the Academy of National Economy with the award of the degree of Doctor of Economics.

In 2003 Filaret Ilyich Galchev's book "Actual Problems of the Economics of Mining Production" was published.

October 20, 2004 Filaret Ilyich Galchev was awarded academic title Professor at the Department of Economics and Planning of Mining Production, Moscow State Mining University.

Currently Filaret Ilyich Galchev continues to conduct scientific work, trains young specialists for the cement industry. Filaret Ilyich Galchev gives lectures on economics to students of the Moscow State Mining University, linking modern scientific research with the practice of cement production.

From the year 2000 Filaret Ilyich Galchev - Chairman of the Board of the Rosuglesbyt Company, Chairman of the Board of Directors of the Krasnoyarsk Coal Company.

Since 2002- President of JSC Rosuglesbyt Company, Chairman of the Board of Directors of JSC Eurocement, from 2004 to the present - Chairman of the Board of Directors of CJSC EUROCEMENT group.

For successful work, Filaret Ilyich Galchev has the following awards and titles:

• Sign "Miner's Glory" III degree (1995);
  
• Memorial sign "275 years coal industry Russia" (1997);
  
• Sign "Miner's Glory" II degree (2000);
  
• "Golden badge of a miner" (2003);
  
• Badge of honor of the Governor of the Bryansk region "For Mercy" II degree (2004);
  
• Order of the Blessed Prince Daniel of Moscow (2005);
  
• Commemorative medal of the Ministry of Internal Affairs of Russia "For Assistance" (2006);
  
• Title "Honorary Builder of Russia" (2006);
  
• Golden sign of the Holy Great Martyr Barbara (2007);
  
• On March 21, 2008, he was awarded by the International Federation of United Styles of Wrestling (FILA) the highest award of the organization - the Golden Order of FILA.
  
• At the end of 2011, by decision of the editorial staff of the leading international industry publication CemWeek, Filaret Galchev, Chairman of the Board of Directors of the EUROCEMENT group Holding, was declared the person of the year as the most influential in the cement sector in 2011.

Filaret Ilyich Galchev is married and has a daughter and a son.