Sergei Popov (businessman)

Sergei Viktorovich Popov (Russian: Серге́й Викторович Попов; born 1971) is a Russian entrepreneur, businessman and investor who promotes business education and the support of young entrepreneurs in Russia.

Sergei Popov
Born12 August 1971
Yekaterinburg, Russia
Alma materUral Polytechnic Institute
OccupationMoscow School of Management Skolkovo
Net worthUS$ 4.5 billion

Biography

After studying at the Ural Polytechnic Institute with a specialization in Industrial Heat Power Engineering in 1993, Popov became a partner in the Ural-Siberian Commercial and Industrial Company.

In 1994, he co-founded Prodcontract,[1] supplying scrap metal to Russia's biggest metallurgical plants. In 1996 he co-founded MDM Business Concern.[2] From 1997 to 1999 he was a partner and business manager of the company.

In 2000 he became co-founder and Chairman of the Board of Directors of MDM Industrial Group. The Group identified three core business sectors: production of pipes, fertilisers and thermal coal, and began acquiring businesses in these sectors. Such large businesses as OAO TMK[3] (one of the leading producers of oil and gas pipelines in the world), SUEK[4] (the largest coal energy company in Russia), and Eurochem (one of the world's leading mineral fertiliser producers)[5] were established. During this period, in 2002, Popov became a 50% partner in MDM Bank.

In 2006, Popov sold the first of his business assets,[6] and in 2016 exited his remaining active investments with the sale of his stake in MDM Bank to B & N Bank.[7][8]

Popov has been a member of the Board of Directors of OAO TMK, RAO UES, Eurochem, MDM Bank and other companies. He no longer holds any Board directorships.

Popov is a founder member of the Moscow School of Management Skolkovo.[9]

References
  1. "Annual Report of OAO Siberian Coal Energy Company 2009" (PDF). Retrieved 2020-04-03.
  2. "Sergei Popov". Forbes. Retrieved 2020-04-02.
  3. "TMK". www.tmk-group.com. Retrieved 2020-04-02.
  4. "Archived copy". Archived from the original on 2016-02-09. Retrieved 2016-11-28.CS1 maint: archived copy as title (link)
  5. "EuroChem Group". EuroChem Group. Retrieved 2020-04-02.
  6. "Russia's MDM Bank owners part ways". Reuters. 2006-12-18. Retrieved 2020-04-02.
  7. "BRIEF-Binbank shareholders launch squeeze-out for remaining MDM Bank shares". Reuters. 2016-03-17. Retrieved 2020-04-02.
  8. "Russia's Binbank to buy controlling stake in MDM bank - statement". Reuters. 2015-06-30. Retrieved 2020-04-02.
  9. "Moscow School of Management SKOLKOVO". school.skolkovo.ru (in Russian). Retrieved 2020-04-02.
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