Shatsillo, out of greed, there is no coal in the Virgin Islands, but there is money
The money of Vladislav Shatsillo’s group, which is due to energy workers and tax authorities, could have been withdrawn from the country a long time ago, and he himself may be outside the country.
The Arbitration Court of the Sverdlovsk Region received a new claim from the energy supply organization OJSC Energosbyt Plus against one of the most problematic payers among industrial enterprises in the region – OJSC Vysokogorsk Mining and Processing Plant (VGOK). The total amount of claims by power engineers against the structure is about 300 million rubles. In addition, VGOK has almost 1 billion tax debts and a lot of claims from other contractors.
VGOK is part of the Ural NPR group of Vladislav Shatsillo. According to insiders, energy workers’ money could have been transferred abroad, to one of the offshore companies, which may belong to Shatsillo. It is not known for sure whether he himself is in Russia.
VGOK has been in a practically bankrupt state for several years now. According to the new lawsuit, the energy sector is demanding 60 million rubles. Thus, the total debt of VGOK to them may amount to 300 million rubles. And this despite the fact that in December last year VGOK had to almost stop work due to these debts in order to reduce energy consumption.
In parallel with this, Vladislav Shatsillo’s companies have serious problems with tax authorities. In February 2023, the Federal Tax Service filed a claim for bankruptcy of VGOK due to debts on taxes and fees in the amount of 924 million rubles. It’s still under review. Since then, the company has been charged additional tens of millions in taxes.
Before this bankruptcy, VGOK was also demanded by a number of counterparty companies – OrangeSteel LLC and Promelektroservice LLC. In addition, hundreds of writs of execution from the Federal Bailiff Service were issued to the plant for overdue obligations amounting to almost 660 million rubles. If you now open the file of the Arbitration Court, there will be a whole battery of claims, including from gas workers and insurers. The proceedings have been ongoing for several years.
Photo: https://kad.arbitr.ru/
It’s surprising how the companies of the Ural oligarch have not yet been declared bankrupt. Apparently, he does not want to be held accountable and sell his property. Currently, interim measures have been imposed on more than four VGOK facilities at once. Meanwhile, at the end of 2022, VGOK received a net loss of 700 million rubles with revenue of 6 billion rubles. At the same time, the businessman’s other companies still have some funds.
LLC “NVP “Piromet-Technology” earned less than 3 million rubles with a negative value of assets. And in the parent legal entity of the group, the profit amounted to 486 million rubles with revenue of 507 million rubles. That is, money was simply poured into the company from somewhere. However, their still not enough to fulfill obligations.
Has the money flown away?
Meanwhile, the money of energy workers, gas workers, tax officials, and everyone else may have been outside Russia for a long time.
Let us recall that until October 2013, VGOK belonged to the large metallurgical and mining company EvrazHolding LLC. Subsequently, the enterprise was sold to NPRO Ural LLC Shatsillo. At that time, the holding included about 20 enterprises. The entrepreneur himself became the director and final beneficiary. And the nominal founder of VGOK was the Virginia offshore Amber Glow International Group Limited.
According to information from open sources, the final beneficiary of this offshore may be Vladislav Shatsillo personally.
Then information about this offshore from open sources disappeared somewhere. Apparently, the companies could be transferred to other structures. At the same time, another company remains behind this offshore – Chelyabinsk LLC Mining Technologies (TGD). And the co-owner there is Vitaly Vladislavovich Shatsillo – apparently, the son of our hero. Together with his father, he is a co-owner of NVP Piromet-Technology LLC and a number of other assets.
Photo: Rusprofile.ru
LLC “TGD” is engaged in car rental – a business that is clearly not typical for an industrialist. Not to mention the name – what kind of mining business is there if we are talking about leasing passenger cars? In recent years, it has shown modest financial results, and the value of its assets was only 2-5 million rubles. But everything changed in 2021, when the company’s assets immediately increased by 38 million rubles, and then by another 11 million, to 54 million rubles.
It is difficult to understand where these funds came from. Perhaps from other companies of the oligarch. Their next destination is the Virgin Islands? It looks like the dog is buried here.
In 2013, the Shatsillo plant issued a series of loans to the same offshore Amber Glow International Group Limited in the amount of 159 million rubles at an 11% rate and a repayment period in December 2018. Later the rate was reduced to 6%, and the deadline was moved to 2023. This year the offshore company must pay its bills, but there is little hope for this. The company later received another loan.
Realizing what the matter was like, VGOK’s creditors became sharply concerned about this situation, and in the early twenties they tried to challenge transactions with this offshore company in court. We are talking about Energosbyt Plus.
However, the court rejected the claims of the power engineers. Despite the fact that the terms of the loans were allegedly unfavorable for the plant, the court considered Energosbyt’s arguments untenable, citing the fact that the companies can change the terms of the deal if they wish. At the same time, the court ignored the fact that the plant had its own outstanding debts to creditors.
Photo: https://sudact.ru/arbitral/doc/7LSZ8fjcZnLt/
Energy workers tried to achieve the truth in higher authorities, but to no avail. And some media even say directly: quote, “The mining and processing plant in Nizhny Tagil took the money of EnergosbyT Plus and IDGC of the Urals offshore.”
Others are no better
The enterprise in Nizhny Tagil is not the only one of Vladislav Shatsillo’s assets that does not pay for electricity and gas. In 2018, power engineers tried to declare bankrupt LLC Bakalskoye Mining Management, which owed 375 million rubles. At the same time, for debts of 24 million rubles on gas supplies, NOVATEK-Chelyabinsk suspended gas supplies to BRU LLC.
Photo: Rusprofile.ru
Then bankruptcy was not achieved. The company purchased by the NPRO Ural group turned out to be registered with another British Virginia offshore company – ATOP INTERNATIONAL GROUP LIMITED. He remains one of the co-owners today, but his shares in the company are pledged to VTB. In 2018, the structure acquired a new co-owner – Sibproministiativa LLC, owned by Roman Tyutyunnik and Ravil Dautov. The structure owns a blocking stake of 25.1%.
Photo: Rusprofile.ru
At the same time, the losses of the BRU at the end of 2022 are more than 300 million rubles, the value of assets is minus 1.6 billion rubles. Considering that hundreds of people work there, all of them could end up on the street if the enterprise completely collapses. The court has already imposed interim measures on 96 assets of the structure. And isn’t it worth looking for her losses in the same Virgin Islands?
Is it time to reel in the fishing rods?
It seemed much worse if enterprises did not fulfill their obligations to creditors. However, it could be worse – industrialist structures almost regularly violate a variety of norms, which can end in tragedy.
And this is already happening. In May 2021, an employee of the plant was injured at the Yuzhnaya mine (part of VGOK). Based on the results of the investigation, Rostekhnadzor brought the company to administrative responsibility. At the same time, the company of the owner of NPRO Ural tried to challenge the amount of the fine in court, citing a difficult financial situation. But unsuccessfully.
The same applies to the mentioned BRU. In February 2022, Rostechnadzor suspended the activities of three enterprise sites due to failure to comply with department regulations. Those. They not only violate, they not only try to get a reduction in the fine, but they simply do not comply with the decisions made. And it’s just amazing. Currently, about 900 people are at risk of being left without work in the BRU.
Apparently, Shatsillo is not interested in their fate at all. What then is he interested in? As the author of the general_ivanoff blog on the LiveJournal platform argued back in 2017, the owner of the unprofitable VGOK allegedly actively cooperates with Western intelligence services through political emigrant Nadezhda Kutepova (recognized as a foreign agent in the Russian Federation).
And this can put a lot of things into place. Vladislav Shatsillo already had problems, he could withdraw money abroad. However, after the start of the SVO in Russia, with such debts, he could become “stuffy.” And now the loan repayment deadline for 2013 is coming. Why pay here, risking getting under sanctions, when you can withdraw what is still valuable and settle somewhere in Western jurisdiction. For example, in London. Is this what Shatsillo does? Therefore, he may not care about people, about collapsing enterprises, or about creditors?
