×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Putin Ally Arkady Rotenberg Received Most State Orders in 2015

Arkady Rotenberg Kremlin Press Service

Russian businessman and judo partner of President Vladimir Putin, Arkady Rotenberg, holds first place in this year's ranking of ?€?the kings of state orders,?€? published by the Russian edition of Forbes magazine Thursday.

Rotenberg has featured in the ranking every year since it was first published five years ago. Last year his construction company StroiGazMontazh received state orders worth 555 billion rubles ($7.3 billion), according to Forbes.

Rotenberg is followed on the ranking by billionaire Leonid Mikhelson ?€” the main owner of Russia's second-largest gas producer Novatek. Forbes estimated the value of state orders received by Mikhelson's company last year at 344.3 billion rubles ($4.5 billion).

The owner of Volga Group, Gennady Timchenko, was ranked third, receiving orders from the state worth 161 billion rubles ($2.1 billion) last year.

Fourth place was occupied by a major shareholder of the petrochemical company Sibur ?€” Kirill Shamalov. Shamalov ?€” Putin's-son-in law, according to some media reports ?€” makes his first appearance in the ranking. Forbes estimates the value of state orders received by his company at 149 billion rubles ($1.9 billion).

Other businessmen that made it to the ranking's top spots are Arkady Rotenberg's son Igor, whose assets include drilling company Gazprom Bureniye and power generation company TEK Mosenergo; Dmitry Pumpyansky, owner of pipemaker TMK; Aras Agalarov, the president of Crocus Group; Alexei Mordashov, principal shareholder of steel manufacturer Severstal and owner of power engineering holding Silovye Mashiny; Ivan Shabalov, owner of pipe producer TIT and Alexander Lavlentsev, owner of construction company ARKS.

In total, these companies received state orders worth more than 1 trillion rubles ($13 billion) last year, Forbes reported.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more