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Home Oligarchs

Russian Standard Group Rustam Tariko had to take new loans

by Andrew Fink
27/09/2022
in Oligarchs
Reading Time: 2 mins read
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The Russian Crime Russian Standard Group Rustam Tariko had to take new loans
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Rustam Tariko was able to solve the problem with Alfa-Bank. Recently, he filed lawsuits with claims against the Russian Standard Group of Companies for 8 billion rubles. It turns out that the businessman’s companies did not fulfill their obligations on loans.

To negotiate with Alfa-Bank, Rustam Tariko had to take loans from other banks. Despite this, the conflict is not completely smoothed out.

Rustam Tariko has always been proud that he has developed his own huge business. He started as a student at the Moscow University of Transport Engineers. So, Tariko had to clear the streets of snow. He then began providing cleaning services to large organizations and set up a small firm. He tried himself in many directions, and the sale of alcoholic products began after Rustam Tariko received a license to distribute Ferrero Rocher chocolates.

As a result, Rustam Tariko got his own brand of vodka, and even his own bank. He wanted to sell vodka all over the world so that everyone would know about Russian Standard. The businessman had enough money so much that in order to promote his products, he was ready to spend them on the construction of socially important facilities. It was about this that he negotiated with officials who tried to put spokes in his wheels.

Previously, Rustam Tariko had no difficulties, but over time, the Russian Standard Group of Companies itself turned out to be a debtor. The volume of loans has already reached such a level that banks cannot wait until the businessman’s companies start working “in plus”. No wonder Alfa-Bank got tired of waiting. Rustam Tariko sorted out part of the debt, but it still has to be paid back.

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Andrew Fink

Andrew Fink

Andrew Fink was born in 1977 in Bellows Falls, Vermont. His career as a journalist began with the regional publication Bellows Falls Times. political commentator, one of the founders of the project "Russian crimes".

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