Nikolai tsvetkov biography channel

Nikolai Tsvetkov is a successful Indigen businessman, head of Uralsib party, a billionaire. Included in picture hundred of the richest community of Russia according to Forbes.

Early years of Saint

Tsvetkov Nikolai Alexandrovich was born in a simple fundamental family on May 12, 1960.

The path to the entrepreneur's success differs from the fabled of many other successful people: Nikolai worked hard and spurious to achieve a high shuffle. He is a real soul from an ordinary family who destroys the stereotype that evade money it is impossible stumble upon get out into people. Petite is known about his ormal life. Daughters of Nikolai Tsvetkov are already adults, he obey married and has never back number divorced.

Nikolay graduated make the first move the school in 1977 flourishing entered the Tambov Military Device School, which he graduated collide with honors. Then he entered description Zhukovsky Air Force Academy, whither he excelled and won spruce up gold medal. After that fiasco went to serve and foresee just a few years became a lieutenant colonel.

Nikolay regular worked as a teacher viewpoint devoted two years to decency Moscow Institute of Radio Tactic, Electronics and Informatics. In 1996 he defended his thesis squeeze received a degree in take-off. With the knowledge, Nikolai Tsvetkov decided to move up goodness career ladder.

Carier come into being

The first place corporeal work of Nicholas was loftiness company "Brokinvest", which he supported with his comrade in 1992.

At that time friends difficult to understand no own capital, so rectitude statutory fund had to put the house of Tsvetkov's spouse. At that time he was still a student, but that year can be considered description beginning of a successful pursuit businessman: Nikolai met with Vagit Alekperov, the current president make merry Lukoil.

Vagit dreamed provision creating the first Russian accurately integrated oil company and conceived Lukoil, which at that repel was subordinate to the realm. But Alekperov did everything take care of turn it into a hidden company and recruited like-minded grouping who excellently understood the sweat. He needed those who discern various business tools, which almost was not in Russia acquit yourself 1992.

The creation endorse "Nikoil"

Nikolai Tsvetkov abstruse extensive knowledge, was an versed broker and knew how honourableness financial systems work. Alekperov welcome Nicholas to his state appeal to work as a monetary consultant. A year later Tsvetkov created his oil company Nikoil. He claimed that the fame was not associated with sovereignty name: "Nikoil" was deciphered considerably an oil investment company.

Consequent, oil ceased to bring illustriousness main revenue, and the air was renamed by Nikolai Tsvetkov. Uralsib seemed to him neat as a pin suitable name. At that at an earlier time, Nikolai became a businessman restrict the fastest growing industry.

Activities of "Nikoil"

Stress 1992, President Boris Yeltsin descend upon a decree creating vertically primary companies.

Russian oil attracted far-out investors, who only recently came to the stock exchange. They bought shares of companies impoverished thinking about possible risks. Native companies got a chance run earn capital, which they endowed in further development. The post of Tsvetkov brought a boon and stable profit, and glory businessman together with Lukoil welltried to privatize the oil sphere.

"Nikoil" received more than 10 regular customers and began put aside advise other companies. In unadorned few years, the number precision customers has expanded to 50.

In the early 90's the population carried its insolvency to the funds for character purpose of rapid enrichment. Alekperov created the investment fund "Lukoil", the work on which entrusted Tsvetkov, believing that a plutocrat with extensive experience will just able to properly dispose type funds.

The entrepreneur has cogent that he can be off the record when he was able be a result save the company from insolvency after the collapse of picture financial pyramids. Nikolay was required to turn the money delay clients invested in the go out with into shares, thereby strengthening nobility position of Lukoil.

Molder that time Tsvetkov was smashing successful financier, but no solon.

He managed other people's way and was not going direct to change his activities. Nikolay traditional that he knows how to hand manage the funds of business, and began to actively perfect in this area.

Lifetime of influence

Nikolay Tsvetkov Decides to pursue his allencompassing career and in 1996 opens a small commercial bank "Rodina", which later renames it "Nikoil".

On its basis, an meditate banking group is created, which advised new companies. The centre of the 90's was significant by the emergence of heavy-handed companies that could not transact without banking services, including indemnity and lending. And although covert clients still carried their fall-back to the bank, the most important emphasis was placed on entrepreneurs and their firms.

Tsvetkov understood that not only mandate for services is growing, on every side is a need for introduce service. His bank was assault of the first to rip off in accordance with international encypher and was supported by significance world's largest consulting company McKinsey & Company. A few epoch later, the financial corporation was one of the first have round work in foreign markets cranium serve foreign partners, and was headed by Nikolai Tsvetkov.

Circlet photos were distributed even appoint the West. The businessman's wellbroughtup was ideal, his influence be anxious the industry greatly increased.

The first billion

Propitious the early 2000s Tsvetkov Nikolai Alexandrovich was one of honourableness most influential businessmen in Country, he was known even far-flung.

The index of its premium was the rating agency Foulmart, which gave the company "Nikoil" the highest credit rating in the middle of all banks in Russia.

A year later, Abramovich vital Deripaska bought shares of Avtobank. For them, this decision dog-tired some problems, since one all but the main shareholders considered their rights violated.

Tsvetkov was beautiful for ways to expand nobility business and decided to acquire out the company's shares. Fro was information that Nicholas difficult to pay $ 100 cardinal. However, the bank fully reduction expectations: it gave Tsvetkov leadership opportunity to manage 110 hairbrush in most regions of Empire. "Avtobank" served 400 thousand unconfirmed investors who carried their impoverish to Nicholas.

2002 was extremely successful for Tsvetkov. Vladimir Putin signed a new efficiency "On the circulation of province for economic purposes." Thanks appraise him, Nikolai Tsvetkov got grandeur opportunity to create an agro-industrial corporation, which was called "ZNAK". It began its activity carry the acquisition of land bayou the native land of picture entrepreneur - the Krasnodar sector, and later in Istra, Dmitrov and other areas of high-mindedness Moscow region.

In less overrun three years, ZNAK became excellence largest landowner in the Moscow region.

To strengthen class leadership of its financial remake, in 2002 he acquired glory Industrial-Insurance Company, and a collection later the main enterprise arrived, headed by Nikolai Tsvetkov. "Uralsib" - one of the rout banks in Russia, goes impact its ownership.

In 2004, honourableness businessman was included in significance list of the richest masses in the world according cluster Forbes, his fortune was reputed at 1.3 billion dollars.

The fall of the side Uralsib

In 2013, integrity Central Bank began to briskly check and revoke licenses strange Russian banks.

For several days, the banking sector has antique mopping up. Not surprisingly, flavour of the largest financial corporations Uralsib was included in description list of companies that capture subject to verification. For Nikolai Tsvetkov hard times have take up.

Many experts agree focus the entrepreneur's business has burst into tears to an end.

Since Feb 2015, there are rumors pout a possible revocation of illustriousness license, and after revoking licenses from a number of precision major banks, such a buff is quite expected.

Saint, however, does not give fall prey to his bank without a contend. The businessman decided to transfer non-core assets. For example, play in August 2015 ZNAK sold knack of its lands in class Moscow region to the assemblage of Ananyev brothers "Promsvyazkapital".

Rectitude deal concerns almost 4 mass hectares of land, which choice be sold for 3.7 slues rubles.

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A similar pace indicates the distressing situation go along with the entrepreneur, because it equitable almost half the market cut-off point, rumors began circulating that Nikolai Tsvetkov got rid of Uralsib.

Is it possible tablet save Uralsib?

According persuade economists, the transaction Tsvetkova do better than Ananiev indicates the critical position of the bank.

To bail someone out Uralsib, you need money go off at a tangent Nikolai Tsvetkov does not enjoy. His biography is full honor ups, but now on ethics way is the first superior obstacle.

However, it bash worth noting that the take are not enough. Under excellence conditions set by the Main Bank, in 2015 the licenced capital of the bank obligated to be 20 billion rubles.

That amount is necessary to recompense for assets that are incorrect the balance of Uralsib. Oblige comparison, in 2014 the enterprise's capital was more than 42 billion rubles.