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Mikhail Gutseriyev
Mikail (Mikhail) Safarbekovich Gutseriev (russian: Михаи́л Сафарбе́кович Гуцери́ев; born 9 March 1958 in Akmolinsk, Kazakh SSR, Soviet Union) is a Russian billionaire businessperson. Gutseriev earned his fortune after the collapse of the Soviet Union. He is the former owner of Russneft, one of Russia's largest oil companies. Since 2002, he has been the permanent participant of the Forbes annual ranking of 200 richest Russians, where, as of 2021, he has taken 60th place with $2.5 billion. He fled Russia in 2007 after being charged with tax evasion. In 2010, he came back to Russia after the charges were withdrawn. In 2021, following 2020–2021 Belarusian protests, Gutseriev was sanctioned by the European Union and the United Kingdom for his long-standing support and friendship with Belarusian President Alexander Lukashenko. Biography Gutseriev was born on 9 March 1958 in a large Ingush family in Akmolinsk. His family was repressed and exiled to Kaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Akmolinsk
Astana, previously known as Akmolinsk, Tselinograd, Akmola, and most recently Nur-Sultan, is the capital city of Kazakhstan. The city lies on the banks of the Ishim River in the north-central part of Kazakhstan, within the Akmola Region, though administered as a city with special status separately from the rest of the region. A 2020 official estimate reported a population of 1,136,008 within the city limits, making it the second-largest city in the country, after Almaty, which had been the capital until 1997. The city became the capital of Kazakhstan in 1997; since then it has grown and developed economically into one of the most modern cities in Central Asia. In 2021, the government selected Astana as one of the 10 priority destinations for tourist development. Modern Astana is a planned city, following the process of other planned capitals. After it became the capital of Kazakhstan, the city dramatically changed its shape. The city's master-plan was designed by Japanese ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grozny
Grozny ( rus, Грозный, p=ˈgroznɨj; ce, Соьлжа-ГӀала, translit=Sölƶa-Ġala), also spelled Groznyy, is the capital city of Chechnya, Russia. The city lies on the Sunzha River. According to the 2010 census, it had a population of 271,573 — up from 210,720 recorded in the 2002 census, but still only about two-thirds of 399,688 recorded in the 1989 census. It was previously known as (until 1870). Names In Russian, "Grozny" means "fearsome", "menacing", or "redoubtable", the same word as in Ivan Grozny ( Ivan the Terrible). While the official name in Chechen is the same, informally the city is known as "" (""), which literally means "the city () on the Sunzha River ()". In 1996, during the First Chechen War, the Chechen separatists renamed the city Dzhokhar-Ghala ( ce, Джовхар-ГӀала, Dƶovxar-Ġala), literally Dzhokhar City, or Dzhokhar/Djohar for short, after Dzhokhar Dudayev, the first president of the Chechen Republic of Ichker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Evasion
Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains than the amounts actually earned, overstating deductions, using bribes against authorities in countries with high corruption rates and hiding money in secret locations. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that should be reported to the tax authorities and the actual amount reported. In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden. Both tax evasion and tax avoidance can be viewed as forms of tax noncompliance, as they desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RussNeft
Russneft () is a Russian oil company headquartered in Moscow which was established by Mikhail Gutseriev in 2002. It is a member of the SAFMAR industrial and financial group. Background Russneft was founded in September 2002 by Mikhail Gutseriev, a Russian businessperson and philanthropist, with support from the Swiss company Glencore. It included early oil-production operations in West Siberia, Ulyanovsk, the Saratov and Penza regions, Udmurtia, and the Komi Republic. Russneft purchased oil processing and distribution plants in Orenburg Oblast and Krasnodar Krai regions in 2006, becoming a vertically-integrated oil holding company. It is one of Russia's top ten vertically-integrated oil companies, producing 10 million tons and processing nine million tons. Some of Russneft's assets were transferred to the oil-processing holding companies Forteinvest and NK Neftisa, both owned by Gutseriev. The Khanty-Mansi oil company and the Nazymskaya oil and gas exploration expedition, both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshoring
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored. Offshoring and outsourcing are not mutually inclusive: there can be one without the other. They can be intertwined (offshore outsourcing), and can be individually or jointly, partially or completely reversed, involving terms such as reshoring, inshoring, and insourcing. Offshoring is when the offshored work is done by means of an internal (captive) delivery model, sometimes referred to as ''in-house offshore.'' Imported services from subsidiaries or other closely related suppliers are included, whereas intermediate goods, such as partially completed cars or computers, may not be. Motivation Lower cost and increased corporate prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Economic Zone
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones. Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations, such as the free port of Trieste. As the United Kingdom was proposing the creation of ten free ports after leaving the European Union in early 2020, the EU was clamping down on 82 free zones after finding that their special status had aided the financing of terrorism, money laundering and organised crime. Definition The de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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