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"The Russian Sea - Production" received permission from the FAS to acquire the fishing company "Pallada"

The Federal Antimonopoly Service satisfied the petition of Russian Sea - Dobycha LLC (RMD) to purchase Pallada LLC.

RMD will acquire Pallada if an agreement is reached on the price of the asset, since permission for the deal is requested before the end of negotiations, Ilya Vlasenko, head of the company's corporate communications department, commented to ITAR-TASS. According to him, negotiations on the purchase are underway as part of the consolidation of assets in the Far East, said the representative of the RDM.

Russian Sea - Dobycha is a large Russian fishing company, established in 2011 and engaged in fishing in the Far East. Since the beginning of 2013, RMD has included large Far Eastern mining companies - Turnif OJSC, Intraros CJSC, Vostokrybprom LLC and Sovgavanryba LLC. With their acquisition, RMD became the largest owner of pollock fishing quotas in Russia - 12% of the total Russian (180 thousand tons as of 2013). The company also owns 9% of quotas for Pacific herring (32 thousand tons).

The controlling shareholders of RMD, according to the Unified State Register of Legal Entities, are Maxim Vorobyov and Gleb Frank (the son-in-law of businessman Gennady Timchenko) - 34% each, another 11,9% is owned by Vadim Gurinov (head of Stroytransgaz Timchenko), 10% and 5 % of shares are owned by the Cypriot offshore companies Oktomer Trade Limited and Ovego Trade Limited, respectively. General Director Andrey Teterkin owns 5,1% of RMD. The company does not disclose financial indicators.

Maxim Vorobyov, on a parity basis with Gennady Timchenko's investment fund Volga Resources, also owns a share in the Russian Sea company, founded in 1997, which is engaged in fish distribution and aquaculture. Vorobyov bought out the share of his brother Andrei Vorobyov - now the governor of the Moscow region - in 2002.

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