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Tornqvist now owns 60% of Gunvor, and the rest is owned by company employees. Torbjorn Tornqvist is a member of Torbjorn Tornqvist, Sweden Energy. Törnqvist was born in 1953, part of which went to repay his co-founder Gennady Timchenko, who sold his 44% to Törnqvist in March 2014, a day before Timchenko was sanctioned by the US for his "close ties to Vladimir Putin". Founded in 1997 by Swedish businessman Torbjorn Tornqvist and Russian tycoon Gennady Timchenko, Gunvor started from scratch – or almost – to become the top trader in Russian oil in just a few years. Between 2005 and 2007, the company’s sales went up from USD 5 billion to USD 43 billion. 2014-12-16 Seven years on, Tornqvist, 60, is still dogged by the same speculation, this time provoked by the U.S. slapping sanctions on his long-time partner, Gennady Timchenko, one of the most loyal 2014-09-26 May 23 (Interfax) - Swedish businessman Torbjorn Tornqvist, who became the majority shareholder of Gunvor after sanctions were imposed against Russian billionaire Gennady Timchenko, has not offered to sell his former partner at the oil trader a stake in Ust-Luga Oil, the owner of Tornqvist has not offered to sell Ust-Luga Oil stake to Timchenko. A move by Torbjorn Tornqvist to sell shares in Gunvor Group Tornqvist bought out Gennady Timchenko a day before the Russian was hit by U.S. sanctions that alleged Gunvor had a … Timchenko was the co-founder (together with Torbjörn Törnqvist) of Gunvor Group, a corporation registered in Cyprus, and operating in trading and logistics related to the international energy market.

Founded in 1997 by Swedish businessman Torbjorn Tornqvist and Russian tycoon Gennady Timchenko, Gunvor started from scratch – or almost – to become the top trader in Russian oil in just a few years. Between 2005 and 2007, the company’s sales went up from USD 5 billion to USD 43 billion. Tornqvist obtained his begin at British in 1977. After later stints at Scandinavian Trading Co. and also Intermaritime Team Petrotrade, he developed Gunvor’s precursor firm in Estonia in 1997 to export Russian .

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Timchenko sold his 43% stake to business partner Torbjorn Tornqvist in March 2014, a day befor Torbjörn Törnqvist (born 1953) is a Swedish billionaire, and the CEO and co-founder of Gunvor, "one of the largest commodities conglomerates in the world", with the Russian billionaire, Gennady Timchenko. Oil trader Gunvor Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U.S. sanctions on the company's co-founder Gennady Timchenko, Bloomberg reports. Timchenko was a 44 percent shareholder in the Cyprus -based company until he sold his stake to Gunvor CEO and Swedish national Torbjorn Tornqvist the day before sanctions were imposed upon Timchenko. Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest commodities conglomerates in the world.

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Nu visar det sig att Timchenko förstod att han skulle drabbas när USA började prata om sanktioner för personer närstående till Putin. Mr Tornqvist will now have an 87 per cent stake in the group. The remainder is held by employees, Gunvor said. Gunvor was founded by Mr Timchenko and Mr Tornqvist, now chief executive. Gennady Timchenko - $11.4 billion Timchenko, 63, is co-founder of energy trading giant Gunvor Group.

3 years later on he established Gunvor with Russian billionaire, Gennady Timchenko. Gunvor CEO Torbjorn Tornqvist Gunvor in the clear Gennady Timchenko has sold his stake in Gunvor in a bid to avoid any fallout for the company from sanctions against Russia.
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Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest commodities conglomerates in the world. The massive oil trader benefits from an increasingly diverse presence with En 2008, Torbjörn et son associé Gennady Timchenko s’essaient au jeu de la transparence. «TT», comme on le surnomme, reçoit le Financial Times tandis que «GT» se charge du Wall Street Journal. Pour les deux patrons de Gunvor l’exercice fait depuis figure de mauvaise expérience. Tornqvist bought out Timchenko's 43.5% stake and became a nominal owner of 87% stake in the company, on 19 March 2014.

Fram till den 19 mars 2014 kontrollerades Gunvor Group ytterst av Torbjörn Törnqvist, som Gunvor Group Ltd. Chief Executive Officer Torbjorn Tornqvist is scouting for oil assets as Founded in 2000 by Tornqvist and fellow billionaire Gennady Timchenko, Timchenko's relationships with Russian government officials helped the Gennady Timchenko har också påverkats av sanktionerna. med svensken Torbjörn Törnqvist, men sålde i mars 2014 sin ägarandel på 43% Timchenko stämmer SVT? Gennady Timchenko inslaget om olehandelsbolaget GUNVOR och miljardären Torbjörn Törnqvist i svensk TV. Meerwind ägs i sin tur av Gunvor Group och Volga Resources, som kontrolleras av svenske Torbjörn Törnqvist och ryske Gennady Timchenko.
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Gennady Nikolaevich Timchenko - qaz.wiki

Torbjörn har angett 6 Gillas av Torbjörn Törnqvist Gennady Timchenko. --. Genève. I en mycket snabb affär har Gennady Timchenko sålt sina 43,5 % av Gunvor Group till Torbjörn Törnqvist.

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Gennady Timchenko - Gennady Timchenko - qaz.wiki

Tornqvist got his start at British Petroleum in 1977 and founded Gunvor with Russian billionaire, Gennady Timchenko, in 2000. In 2014, one day before the US Treasury imposed sanctions against Timchenko over Russia’s annextion of Crimea, Tornqvist bought out Timchenko. Törnqvist now owns 64% of Gunvor, with the rest now held by company employees. Torbjorn Tornqvist – Billionaire. Phnom Penh HR September 30, 2018 Unique World's Billionaires. Share SHARE .

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Gunvor was co-founded in 2000 by Mr Tornqvist, a former BP trader, and billionaire Russian businessman Gennady Timchenko. The privately-owned company has grown rapidly during the past decade and is In 1997, Gennady Timchenko co-founded the Gunvor Group Ltd. with his partner Torbjorn Tornqvist. Until March, 2014, he held a 43% stake in Gunvor, the 4th largest oil trader in the world, handling roughly 3% of the world’s oil.

3 years later on he established Gunvor with Russian billionaire, Gennady Timchenko. The co-founder of Gunvor, Torbjorn Tornqvist, is diluting his stake in the company to allow employees to own more than a third of the fast-growing trading house by year-end to help to retain and Torbjorn Tornqvist, Mr Törnqvist first started to work with Gennady Timchenko in 1997 before co-founding Gunvor in 2000 to export crude oil from the Gulf of Finland. 2020-10-06 · Timchenko agreed to sell his entire stake in Gunvor to company co-founder Torbjorn Tornqvist a day before the U.S. sanctioned Timchenko in March, 2014 due to his close ties to Putin.