Date: 6 months ago   Category: Finance

Mintz has given O1 Properties and FG "Future" of the Cyprian company Riverstretch — Rambler News Service


Boris Mintz has ceded control over O1 Properties and Budushchee financial group of the Cyprian Riverstretch Trading & Investments (RT&I). Transfer of assets of the organizations has been carried out within settlement of debt of the Group O1 company to the Moscow Credit Bank (MCB) which was as a result conceded by RT&I, the press service of O1 Properties has reported. "The O1 Group company had a debt to PJSC Moscow Credit Bank which has been conceded to LLC Rossium Concern, and then and Riverstretch Trading & Investments. Within implementation of the obligations for this credit the O1 Group company has carried out transfer of assets", - the board member of O1 Group, the son of the beneficiary of FG "Future" Dmitri Mintz has said. The financial group includes the non-state pension funds "Budushchee", "Sotsialnoye razvitiye", "Telecom-Soyuz" and "Obrazovaniye". The CEO of FG "Future" Marina Rudneva has noted that the new owner of the organization has supported plans of employees for increase in effective management of portfolios. "The main objective – stable and attractive results for clients. All work will be aimed at continuation of development of the company and strengthening of relationship with large corporate customers. All operational processes go as before", - Rudneva has specified. The head of official representation of RT&I in Russia Alexey Mazin has noted problems with a debt load of the O1 Properties company. In the future the Cyprian organization intends to lower this indicator and to develop business under conditions of the maximum transparency and information openness. The RT&I company has acquired 70,038% of shares of a class A and 58,391% of stocks of a class B of developer O1 Properties at the end of August of the current year. Further experts of RT&I have started financial and operational examination.

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