Biography of Filaret Galchev, photo

Galchev Filaret Ilyich is one of the richest Russian businessmen. In 2013, Forbes ranked twenty-second. One of the owners of the holding Eurocement, presided in the board of directors of the Krasnoyarsk Coal Company. Has a membership in the RUIE Board and in the Moscow English Club.

Education

After graduation from the school, Filaret Galchev entered the Moscow Institute of Mining as an engineer-economist. He graduated in 1991. In 1995 he defended his Ph.D., and in 1999 - his doctoral dissertation. In 2004, Filaret Galchev became a professor of economics and mining planning at the Mining University. Read lectures to students of Moscow universities. He was engaged in modern scientific research using them in practice in cement production.

Youth

Philaret Galchev, whose family was replenished with the birth of his daughter, in his youth worked in four jobs: the commandant at the institute, deputy chairman of the trade union committee, engaged in science and unloaded the cars. At the same time he studied at the college of mining. Galchev could only sleep three hours a day. The situation began to change financially for the better after graduation.

Work experience

After graduation from the higher educational establishment of Filaret Galchev was invited to work as the chief commercial expert in the Institute. Skochinsky. From 1992 to 1993 He served as Director General of the International Trade House. Then, until 1997, he headed the board of Rosugol.

In the spring of the ninety-seventh year, Filaret Galchev became CEO of the Closed Joint Stock Company RosugolSbyt. In 1999, he chaired the board of his subsidiary company, and a year later - 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 full member:

• Moscow English Club;
• The RUIE Board;
• Interdepartmental governmental group on fuel supply of vital facilities for the country;
• Academy of Mining Sciences;
• International Energy Academy.

Own business

After the leadership position in the coal company, Filaret Ilyich gained enough experience and business contacts to create his own business. So in 1996 appeared "Rosuglesbyt". In 2004, the company was renamed the Open Joint-Stock Company Eurocement-Group. For years of painstaking work Filaret Galchev created from a small company the largest holding uniting more than fourteen cement plants. Open joint-stock company "Eurocement-Group" produces cement of all kinds. Shipment is carried out through nineteen branches-sellers in more than fifty regions of Russia and abroad.

In 2000, Galchev and S. Generalov bought in half the company Krasugol. At that time, she was bankrupt. Prior to the acquisition of the enterprise by Galchev and Generalov, employees were not paid wages for eight months. The ton of coal cost below the cost price, debts to many budgetary organizations made almost five billion dollars.

But Filaret Galchev was confident that he and his partner would raise Krasugol from the ruins of bankruptcy. And it happened due to the proper 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, as early as the second month, debts for wages were repaid and large tax payments began.

But after a while, Generalov sold his share of shares to MDM Bank, without coordinating this step with Galchev. As a result, in order not to get involved in long proceedings, he also sold his package. To earn a company Filaret did not have time, but, at least, was able to return the invested funds.

Business in the cement industry Galchev chose, having previously analyzed this market. I considered it the most promising for further development. In 2002 together with G. Krasnoyarsk they bought the company "Stern-cement", which is on the verge of bankruptcy. She owned several cement plants. The company was subsequently renamed and joined the holding company Eurocement.

In 2005, Filaret Galchev purchased cement plants Inteko. This company was owned by Elena Baturina, the wife of the former Moscow Mayor Yuri Luzhkov. Thanks to modern modernization, proper business management and painstaking work, the holding company Eurocement Group has become one of the world's largest cement producers for ten years.

Media interest

Filaret Galchev, whose biography is described in this article, has repeatedly come under the scrutiny of the media. There are many reasons for this. In 2000, the coal business increased competition. It was about allocating large sums by Gazprom and the government to the revival of the coal industry, since a certain shortage of raw materials has already begun to appear. Filaret Galchev, who at that time owned "Rosuglesbytom" (the largest trader in the world market), also offered a large sum of money - half a billion dollars.

In 2005, due to the increased prices for cement, dozens of consumer companies applied to the court with a complaint against Galchev Holding, calling it a monopoly. The FAS conducted an audit and found that there are violations of the law in the activities of Filaret Galchev. Namely - illegally obtained income. As a result, the FAS tried to collect from the holding company Eurocement Group 1.9 billion rubles from the company's profit. But the ninth arbitration court found the FAS ruling unlawful. Since then, Eurocement-Group has ceased to be a monopoly enterprise.

Scandal with Russia Partners

In the spring of 2006 there was a major scandal between Russia Partners and Filaret Galchev. The Fund jointly with the partner, investment company A-1 (from Alfa Group) filed a suit against Eurocement-Group in the Moscow Arbitration Court. And he proceeded from companies controlled by Russia Partners, which own forty-four percent of the holding's shares.

The essence of the claim was that in 2004 Eurocement-Group withdrew its quarrying mines from the factories. Russia Partners reported that the holding began to sell raw materials at inflated prices. And the finished products were sent to Eurocement (renamed Stern-cement) for subsequent resale.

In 2006, Russia Partners began prosecution of the holding company in Cyprus and in England. The claims of the fund were presented due to 38.7 percent of shares of "Maltsovsky portland cement". This is the largest asset of the ECG. Galchev and the companies under his control in Cyprus were accused of retaining this shareholding illegally. Although this package was sold to the holding by the Russia Partners fund in 2004. But 38.7% have not yet been transferred from Eurocement to the holding. However, Russia Partners lost as a result.

Family businessman

Filaret Galchev (Greek nationality) was born May 26, 1963 in the Georgian Soviet Socialist Republic, Tsalka district, the village of Tarson. Father - Ilya Azarevich, mother - Elizaveta Agepsimovna (maiden name of Balabanova). Filaret Galchev married Markitanova Elena Nikolaevna. In this marriage Alina and Ilya's daughter were born. Data on his family is not enough, as the millionaire tries to hide his relatives from journalists.

Awards and titles

Filaret Galchev, photo of which is in this article, was awarded in 1995 with a badge of "Miner's Glory" of the third degree. Five years later received a jubilee sign of the Russian coal industry . In 2000, he was awarded the badge of "Miner's Glory" of the second degree, and in 2003 - the "Gold Sign of the Miner". In 2004 Filaret Galchev received the medal "For Charity" of the second degree. A year later - the Order of Daniel of Moscow. In 2006, Galchev was awarded a medal for assistance to the Ministry of Internal Affairs and awarded the title of "Honorary Builder of Russia". In 2007, he received the golden sign of the Holy Great Martyr Barbara. A year later was awarded the organization FILA gold medal.

Interesting Facts

Philaret Galchev wrote more than twenty-two scientific works. Among the first to consider and justify the segmentation of the coal market and the formation of competitive prices for products. In the ninety-seventh year, Filaret Galchev's monograph on the marketing of Russian coal was published, and later, in 2003, a book appeared on the current problems of the economy in mining.

Galchev has Greek citizenship. In 2011, Filaret Ilyich, according to the journal CemWeek, was named "Person of the Year". Last year Galchev became one of the participants in the project of preparing tourist flights to the International Orbital Station.

Financial condition

In the mid-2000's. The financial condition of Filaret Galchev was 2.4 billion US dollars. He became one of the richest entrepreneurs in Russia. Gradually, the state grew and reached 5.6 billion dollars. But the economic crisis of 2014 made itself felt.

The demand for products produced by the holding company Eurocement Group fell sharply, and Filaret Galchev lost more than four billion dollars. In 2015, according to 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.