Gutseriev handed over control of Slavkali to his younger brother

Gutseriev handed over control of Slavkali to his younger brother

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Gutseriev handed over control of Slavkali to his younger brother

The owner of the Safmar group, Mikhail Gutseriev, handed over to his brother Sait-Salam control over the shareholder of Slavkali – British GCM Global Energy. He has lost control of GCM Global Energy since June 10, according to the company’s disclosure data. Earlier, Mikhail Gutseriev was under EU sanctions.

Now Sait-Salam Gutseriev is a controlling person – he owns at least 75% of GCM shares.

Mikhail Gutseriev has been the chairman of the board of directors of the Safmar group since January 2016. The group includes industrial assets – oil producing and refining companies Russneft, Neftisa, Forteinvest, the Russian coal holding company, Slavkali company, which is implementing an investment project in Belarus for the construction of the Nezhinsky mining and processing plant.

On June 21, the European Union included Mikhail Gutseriev in the sanctions list for supporting President of Belarus Alexander Lukashenko. The document noted that Mr. Gutseriev is a longtime friend of the Belarusian president and thanks to this he “accumulated considerable wealth and influence among the political elite” of the republic.

More details – in the material of “Kommersant” “Mikhail Gutseriev became a victim of the regime.”

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