Energy trader Gennady Timchenko, head of Geneva-based Gunvor Group, has his work cut out for him this year as Europe sees gasoline prices soar to new highs among fears of European economic destabilization. As Gennady Timchenko knows and as Bloomberg on February 1, 2012 reported, gasoline was at a four-month high while jet fuel […]
Gennady Timchenko and Leonid Mikhelson Seek to Diversify Sibur’s Operations
The privately held Sibur Holding, Eastern Europe’s largest petrochemical company, is making headlines this week as owners Gennady Timchenko and Leonid Mikhelson continue to diversify Sibur’s public offerings worldwide. The businessmen’s diversification initiative kicked off amidst talks of an initial public offering (IPO) of the company that began over a year ago, according to reports […]
Truth is the Tonic to Conspiracy – Gennady Timchenko
Today’s public sphere is saturated with conspiracy theories. Relatively recently the international media purported that French President Nicholas Sarkozy plotted the scandalous downfall of the IMF’s Dominique Strauss-Kahn, a previously strong contender for French presidency, on charges of attempted rape in order to secure his position as the country’s leader. While “One must not […]
Prominent Philanthropists Such as Gennady Timchenko Drawn to Geneva
Geneva, Switzerland is known for many things, but charity isn’t one of them. But a closer look at Gennady Timchenko, one of the city’s prominent residents, suggests it should be. Recognized worldwide for its discretion, privacy, and secrecy—three different ways of saying the same thing, particularly when it comes to banking—Geneva is one of […]