In the 2000s, the biggest seller of Russian oil was an oil trader Gunvor. His co-owner until 2014 was the Russian billionaire Gennady Timchenko. In the spring of 2014, the day before his contact with the sanctions list, Timchenko announced the sale of its stake in Gunvor his partner Torbjorn Tornqvist.
Tornqvist got his start at British Petroleum in 1977 and founded Gunvor with Russian billionaire, Gennady Timchenko, in 2000. In 2014, one day before the US Treasury imposed sanctions against
ACTUAL TIME TOTAL ASSETS– since Gennady Timchenko and Torbjorn Tornqvist noted that Gunvor will continue to expand via acquisitions, around half of which will be in Russia. Despite recessionary times in Europe and abroad, Gennady Timchenko’s Gunvor bears witness to the fact that the demand for coal is increasing over the demand for oil, and the traders predict more of the same over the next two decades, particularly in Far 2014-03-28 · A move by Torbjorn Tornqvist to sell shares Tornqvist bought out Gennady Timchenko a day before the Russian was hit by U.S Timchenko’s 44 percent interest could be worth about $1.5 Timchenko agreed to sell his entire stake in Gunvor to company co-founder Torbjorn Tornqvist a day before the U.S. sanctioned Timchenko in March, 2014 due to his close ties to Putin. “Timchenko’s activities in the energy sector have been directly linked to Putin,” the U.S. Treasury Department said at the time. 2009-03-16 · Tags: gennady timchenko, gunvor, logistics, Oil trading trackback Very few people outside oil circles have ever heard of Gunvor , a Dutch company with trading desks in Geneva and Singapore, even though it is now the third largest oil trader in the world with an annual turnover of around 70 billion dollars and profits “ in the hundreds of million ” according to its Chairman Torbjorn Tornqvist.
Russian businessman. 3 Nov 2014 Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U.S. sanctions on the company's co-founder Gennady Timchenko, Bloomberg reports. Timchenko was a 44 percent shareholder in the 이 회사는 Gennady Timchenko 함께 Torbjörn Törnqvist (그의 어머니 이름을 따서); 그러나 때문에 미국 제재, Timchenko는 2014 년 3 월에 회사 지분을 Törnqvist에 매각했습니다. Gunvor의 가장 큰 원유 공급 업체는 한때 러시아 였지만 현재는 21 May 2014 Gennady Timchenko (above) was named as the head of the Russian-Chinese Business Council a few weeks ago and Mr. Timchnenko sold all his holdings in Gunvor to his partner, Swedish businessman Torbjorn Tornqvist.
In 2007, Gennady Timchenko founded his own oil and gas company, Volga Vostochny, and in 2014 he sold his stake to another Trading activities at Gennady Timchenko’s Gunvor suggests the answer is yes. Gunvor Group’s co-founders Gennady Timchenko and Torbjorn Tornqvist are seeing their hard work pay off—literally. Recently Bloomberg reported on October 10, 2011 that Gunvor estimated its revenue will increase from $65 billion to $80 billion this year—a 23 percent improvement on last year’s already stunning 2009-03-16 Gennady Timchenko until 2014He has been one of the two major shareholders Gunvor with 43.5% share.
Oil trader Gunvor Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U.S. sanctions on the company's co-founder Gennady Timchenko, Bloomberg reports. Timchenko was a 44 percent shareholder in the Cyprus -based company until he sold his stake to Gunvor CEO and Swedish national Torbjorn Tornqvist the day before sanctions were imposed upon Timchenko.
Törnqvist was born in 1953, part of which went to repay his co-founder Gennady Timchenko, who sold his 44% to Törnqvist in March 2014, a day before Timchenko was sanctioned by the US for his "close ties to Vladimir Putin". Founded in 1997 by Swedish businessman Torbjorn Tornqvist and Russian tycoon Gennady Timchenko, Gunvor started from scratch – or almost – to become the top trader in Russian oil in just a few years. Between 2005 and 2007, the company’s sales went up from USD 5 billion to USD 43 billion.
en av världens största råvaruhandlare, Gennady Timchenko sålde 43% av företagets aktier till sin medgrundare Torbjorn Tornqvist i mars 2014, dagen innan
Tornqvist now owns 60% of Gunvor, and the rest is owned by company employees. Torbjorn Tornqvist is a member of Torbjorn Tornqvist was born on November 7, 1953 in Geneva, Switzerland, Sweden (67 years old). Torbjorn Tornqvist is an Energy, .Find out Torbjorn Tornqvistnet worth 2020, salary 2020 detail bellow. In the same year, it began to cooperate with the Committee on External Economic Relations in Leningrad, which was chaired by Vladimir Putin at the time, and was founded in 1997 with a Swedish partner, Torbjorn Tornqvist. In 2007, Gennady Timchenko founded his own oil and gas company, Volga Vostochny, and in 2014 he sold his stake to another Timchenko sold his 50-percent voting stake in Gunvor to co-founder and chief executive Torbjorn Tornqvist a day before the U.S. slapped sanctions on him and other allies of Russian President The company has repeatedly said Mr Timchenko and chief executive officer Torbjorn Tornqvist had equal stakes of about 45 per cent each and the remaining 10 per cent was owned by staff.
Timchenko sold his 43% stake to business partner Torbjorn Tornqvist in March 2014, a day before he was hit with U.S. sanctions
In the spring of 2014, the day before the imposition of US sanctions, Timchenko sold his main asset at that time – a controlling stake in the major oil trader Gunvor. The buyer was the founder of the company, Torbjorn Tornqvist. Currently, Timchenko’s assets include large stakes in Novatek and Sibur. Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest commodities conglomerates in the world. The massive oil trader benefits from an increasingly diverse presence with
In second spot is Gennady Timchenko, co-founder of Gunvor, with a net worth of US$9.1 billion. Coming in third is Torbjorn Tornqvist with an estimated net worth of US$8.7 billion.
Joel nordkvist moderaterna
In the spring of 2014, the day before his contact with the sanctions list, Timchenko announced the sale of its stake in Gunvor his partner Torbjorn Tornqvist.
His co-owner until 2014 was the Russian billionaire Gennady Timchenko.
Blackeberg skola
Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest Gennady Timchenko is a Finnish citizen born in the Soviet Union. Torbjörn
Zijn jeugd brengt hij door op een basis in de DDR, zijn vader is immers Sovjet-militair. In 1976 gaat hij aan de slag als elektrisch ingenieur met olie en gas als specialisitatie. Founded in 1997 by Swedish businessman Torbjorn Tornqvist and Russian tycoon Gennady Timchenko, Gunvor started from scratch – or almost – to become the top trader in Russian oil in just a few years.
Gennady Nikolayevich Timchenko ( ryska : Геннадий Николаевич Timchenko var medgrundare (tillsammans med Torbjörn Törnqvist ) för
Gennady The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol, and Trafigura.
Torbjorn was Managing Director for the oil division of Intermaritime Group Petrotrade before he cofounded Gunvor in 2000 with Gennady Timchenko, a Russian billionaire.