"Black belt" Yelena Baturina

Change the owner of "Inteko" expected in October, but the process still runs. Nonetheless, the deal could happen at any moment, even on the day the numbers. But as the scenarios are quite predictable, the ending is unlikely to be a complete surprise. Lots of cement. Company "Inteko" This year marks (or is already possible to write, "would have"?) 20. A coincidence: she was born soon after the wedding, Yuri Mikhailovich and Elena Nikolaevna - the same in 1991. True, Luzhkov then was only the vice-mayor (appointed by the mayor in 1992 alone), and 28-year-old Elena Baturin already being engaged in business. "Inteko" began with the production of plastic household products. Until now, fun to discover a plastic bucket or disposable cups proud symbols. And there were more artificial Christmas trees, who liked to establish metropolitan municipal schools and kindergartens for the New Year, and new seats for Luzhniki Stadium, where the competition for the supply of "Inteko" won in 1998, received from the city of $ 700 thousand. Construction sector Baturin became interested in since the mid-1990s, but the true scale of this business is beginning to take it only at the beginning of the "zero", with the advent in 2001 of the asset, as house-building plant № 3 (DSK3), and gain control over five major cement companies and minority stakes in two more. "Cement plant in the regions" Inteko "could buy very favorably - says a market participant who attended the negotiations one of the transactions. - The owner wanted to, for example, $ 10 million "Inteko" put forward a counter offer - $ 1 million in cash, in addition a couple of promising sites under construction in Moscow. Sold to pretend that it's a half times more expensive than the $ 9 million, and agreed. As far as I know, such a scheme is offered to all. " In 2005, the entire cement business "Inteko" away the market leader - "Eurocement Group" Filaret Galchev for $ 800 million, a DSK-3 went for about $ 300 million, "PIK Group," then owned by Kirill Pisarev and Yuri Zhukov. But despite the release of major assets, the construction business Elena Baturina continues to evolve rapidly. In Moscow, "Inteko" appear large-scale projects on the lands of the Defense Ministry, Moscow State University. Often, the company acts in partnership with other market players. Joint projects she had almost all the major developers of Moscow, from Mirax Group Sergei Polonsky, "Bullfinches Development" Alexander Chigirinsky, MIAN Senatorova Alexander, "CTT Group" (now the Russian Land) Shalva Chigirinsky. Quarrel with Madame (the so-called Elena Nikolaevna in the Moscow construction complex), as did the capital business, it greatly complicates the conduct of business in the capital, the most dainty place for real estate development (before the crisis no one was surprised when the net rate of return projects surpasses 50%). Evil tongues asserted that aerobatics was thrust into the middle of the pack with the negotiation of project documents "Inteko" document on the project's own company - the mayor or his deputy is likely to sign all the crowd, especially without understanding. Others whisper told previously asked the recorder off, that Madame could offer itself as a partner on any project please her, and take a "second share of the city" was a much better solution than to refuse. Although sometimes be heard and indignation. As with the hotel "Sport": investment contracts terminated city, according to one of the owners of the project, Miroslav Miller, sudivshegosya long about this, because "the project has attracted Mrs. Baturina." After the Ball. By the fall of 2008, "Inteko" was one of the most successful and largest real estate companies in the country. Among the assets - a lot of high-quality, well located in Moscow projects, large-scale construction (about 385 sq m) and DSC in Rostov, the new cement assets in the Krasnodar region, the projects abroad, particularly in Morocco, land for construction of recreation and entertainment complex with golf courses. Furthermore, among the assets were listed Elena Nikolaevna large minority stakes in "Gazprom" and the Savings Bank. Baturina capital in February 2008, "F." estimated at $ 7 billion crisis, which resulted in failed to cope with the credit load and changed owners a good half of the major real estate companies, not knocked down Madame business. Most of the debt "Inteko" at $ 27 billion it paid by selling shares of "Gazprom", Savings and "Rosneft", as well as 58 hectares of land of the capital for nearly 13 billion rubles an unknown structure, which has taken a huge loan to the Bank of Moscow. A recent criminal cases involving "Inteko", brought exactly on this issue. Baturina could continue its business in Russia, Yuri Luzhkov, if not left with such a scandal, according to the business community. However, it is now clear that even the couple Luzhkov, Baturin unlikely to return to the country. In the autumn there were rumors that "Inteko" VTB studies, it is also interested in the structure of the co-owner of the bank "Russia" Yuri Kovalchuk, the structure of Arkady Rotenberg, a longtime friend of the prime minister and a prominent specialist in problem assets, the owner of "Nafta-Moscow "Suleiman Kerimov. In December it was reported that negotiations were going with a co-owner Coalco Vasily Anisimov, but no to no avail - the parties could not agree on price. The first two months itself "Inteko" vehemently rejected the information about a possible sale. However, in December, when the press began to refer not only to claimants, but also a specific price at which the alleged negotiations, - $ 400 million, the company began to argue only about the potential sale price as unacceptably small. "Now the fair value of the business" Inteko "even with all the debt, not less than $ 1 billion" - assesses the top manager of one of the largest Russian companies, working with "Inteko". "F." read the documentation prepared by an offer to sell the business "Inteko". The agreement says: "The whole business" Inteko "sold to the Buyer for 450 million U.S. dollars" (original spelling retained) - and indicates that part of the assets relating to the business of "Inteko" and belonging to Baturina EN, be transferred to the company "Inteko "and vice versa. For example, Elena Nikolaevna should retire hotel in Peterhof $ 1.3 billion and property rights on real estate in Astana and Moscow (3.97 billion). Agreement dated October 2010. One representative of the creditor banks "Inteko" notes that the documents have been prepared not by the company, a professional appraiser may be referring to a specific buyer. The very conditions of the sale he calls hard enough for the owner of "Inteko". Now the sales process has stalled, say people close to the negotiations: the conditions of that offer potential customers are not satisfied with Baturin. "She wants to get business for a price close to market, keeping in mind how high the company previously estimated," - says one of the business, communicating with potential buyers of the business "Inteko". And maybe for the debts. The business community considers the question of who will manage the assets of "Inteko" political. "Get a certain amount of the market is not very" Inteko "to develop this business, some of the" authorized "by the state banks, Sberbank and VTB as either" authorized "oligarch, such as Alisher Usmanov. Here they are - the main contenders! "- Says one of the interlocutors. That is why the final purchaser can not be, for example, the Suleiman Kerimov, who is not engaged in this business in any long-term. "It is possible that Kerimov mediating the deal, which it earned tens of millions of dollars or get a couple of assets such as hotels," - says one of the businessmen who have worked with, "Nafta". That Madame still could not agree with the buyer and sell "Inteko" - not a good sign for her. In the first months, when the negotiations with the leadership of the country close to the banks and businessmen began, against "Inteko" Baturin and four-Luzhkov did not press charges. After three or four months of negotiations in which potential buyers could not agree with Elena Nikolaevna, it became apparent that patience is a driving force on which the fate of the couple, and its assets have dried up. In recent weeks, appeared already a number of judicial and criminal matters relating to the activities of "Inteko". In mid-November, the new mayor of Moscow Sergey Sobyanin forbidden to build "Inteko" one of the largest projects - "Setun Hills." In December, a criminal case on the issue of Bank of Moscow, the capital controlled by the Government, whose head was then Luzhkov, an unsecured loan up to 13 billion rubles, which are little-known company bought land from "Inteko", who needed money to repay the loans. And beginning in February joined the Chamber, which found that over the past three years the government of Moscow Luzhkov, expending funds for the maintenance of the transport complex to have committed violations of the 215 billion rubles. One of the interlocutors, "F." close to the negotiations, in the absence of real buyers believe the most likely such a scheme, as soon as VTB will have full control over the Bank of Moscow, and this process is in full swing, he produces to repay loans "Inteko", which amount in aggregate for these two banks is about 19 billion rubles. "That's how" Inteko "VTB just goes away for the debts," - says the source "AF".