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. Member of the Board of the RSPP 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 threehours a day. The situation began to change financially for the better after graduation.
Work 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 member of:
- Moscow English Club;
- of the Board of the RSPP;
- interdepartmental governmental group on the provision of fuel for the country's vital facilities;
- Academy of Mining Sciences;
- International Energy Academy.
Own business
After a senior position in a coal company, Filaret Ilyich gained enough experience and business connections to create his own business. So in 1996, Rosuglesbyt appeared. In 2004 the company was renamed into Open Joint Stock Company "Eurocement-Group". Through years of hard workFilaret Galchev created the largest holding from a small company, 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 budgetary 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 payments began.
But after some time, Generalov sold his stake 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 business in the cement industry after analyzing this market in advance. And he considered it the most promising for further development. In 2002Together 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's cement plants. This company was owned by Elena Baturina, wife of former Moscow Mayor Yuri Luzhkov. Thanks to modern modernization, proper business conduct and hard 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 close attention of the 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 from the Eurocement Group holding 1.9 billion rubles from the profit received by the company. But the ninthThe arbitration court ruled that the FAS order was illegal. Since then, the Eurocement Group holding has ceased to be considered a monopoly enterprise.
Russia Partners scandal
In the spring of 2006 there was a major scandal between Russia Partners and Filaret Galchev. The Fund, together with its 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 lawsuit 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 he sent the finished products 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 M altsovsky 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's family
Filaret Galchev (nationality - Greek) was born on May 26, 1963 in the Georgian Soviet Socialist Republic,Tsalka region, Tarson village. Father - Ilya Azarievich, mother - Elizaveta Agepsimovna (maiden name Balobanova). Filaret Galchev married Elena Nikolaevna 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 coal industry 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 the Holy Great Martyr Barbara. A year later, he was awarded the golden order by FILA.
Interesting facts
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's monograph on the marketing of Russian coal was published, 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 becameone of the participants in the project for the preparation of tourist flights to the International Orbital Station.
Financial condition
In the mid-2000s. Filaret Galchev's financial condition 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.
Demand for products manufactured by the holding "Eurocement-Group" fell sharply, and Filaret Galchev lost more than four billion dollars. In 2015, according to the 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.
