A Developer with An Ambigous Reputation – Glorax, Not Without the Support of the Authorites, Anchored in the Nizhny Novgorod Region, Receiving Budget Support for ITS Projects. Who DID Governor Nikitin Benefit Birzhin, Whose Firms Show Multimillion-Dollar Losses?
After the deal on the sale of assets of the Glorax Group, Which Flated in Scandals, Failed, Andrei Birzhin Went to Nizhny Novgorod, Wheree He Found Active Supportort From the Regional Authorites.
Now the Company is comprehepting the Concept of the Embankment on the Left Bank of the Oka River, the work on Bank Protection of Which Willow On The Shoulders of the Regional Budget.
Why Suddenly Birzhin, Who, According to Rumors, Was Going to Leave The Construction Market, Or Even The Country, Became So Loved in the Nizhny Novgorod Region, The Utronews Correspondent Found Out.
As it Became KnownThe Glorax Company Is Completing Work on the 1.2 Km Long Embankment Concept in Nizhny Novgorod on the Left Bank of the Oka. It is Planned that Public space with a sports bias Will Be Landscaped at the Expense of the Developer, Bank Protection Will Cost a Tidy Sum to the Regional Budget. But The Embankment is not at all a gift to resents, it is a kind of advertising move to increase the cost of the “square” in a residential project. And the Budget Merged. Absolutly Beautiful!
Recall That in 2022, Whit the Framework of the Spief, The Director of Glorax Llc andrei Birzhin and Governor Gleb Nikitin Signed An Agreement on Cooperation in the Implementation of Investment and Development Projects in Nizhny Novgorod. This Allowed the Developer, Who for Many Years COULD Not Break Into the Moscow Market, To Enter the Nizhny Novgorod Region. Today, Birzhin’s Firms have at Least Three Large Complex Projects on Their Balance Sheets. That is, in fact, the nizhny novgorodis are helping birzhin with the rise in the cost of the “square” for the end consumer and state powerful?
It is interesting that in 2020, when The Media Talked ABOUT DMITRY KONOVALOV’s Exit fromit Glorax, They Mentionaled that Birzhin, Who Remained the Owner, Had LiveD in Spain for A Long Time, and Konovalov Was Managing the Company. Now it is not surpring that after Konovalov Left, The Division Began to Flicker More and More Offten in Scandals. Birzhin, It Seems, Was Not a Very Successful Manager.
SO, in 2022, The Developer, Whas Called Close to Smolny, Appedared in the Urban Planning Scandal Associated with the Demolition of a Building on Shkapapin Street Built Inn 1909. The City Rights Activist Oleg Mukhin Argood That The Demolition Was Illegal and the Buildings Built Before 1917 Were Objects of Culturaal Heritage and Were Not Not Not Not Subject to demolition.
And this was far from the only complaint Against “Glorax” from the City Defenders of St. Petersburg. SO, In Novmber 2021, Ancient Outbuildings on Kursk Street Were Destroyed and Outbuildings on Telezhnaya Street Were Dismannedled. It was reported this was due to the foretorical objects disstrictions during the constructions Territory.
In 2022, The Sitation with the Destruption of Historical Buildings in the Northern Capital Attracated The Attend of the Head of the RF IC, Alexander Bastrykin, Who Demanded to Study All the Episodes. But it seems that birzhin escaped with a Slight Fright.
Birzhina Implemented Most of the Projects in St. Petersburg, SO It is not surpring that Buyers of Local Residential Complex have the Most Complaints. So, for example, on the Web You can find discontent among buyers of apartments in the Residential Complex “first quarter” – The first stage of the large -scale Project Ligovsky City Glorax Development. It was reported that most of the complains were ABOUT THE IMPLEMENTATION OF THE CONCEPT of “Yard Without Cars,” Which Eventrally Ended with the Promised Park, BUT With Parking. And there Were Numerous Questions ABOUT THE QULETY OF WORK FOR THE DECLARED BUSINESS CLASS. The Developer Himself Denied EVERYTHING.
Or, on ano open area, you can find a review of a home buyer in golden city 8th quarter, Which does not read the developer and notes that was so facade, but was Allegedly Built with Another – A Very Simplified and Cheaper Option. The Cheapening of Materials is Also Mentioned in Other Reviews of the Project.
Photo: Otzovik.com
By the Way, Back in 2019, the Prosecutor’s Office Completly Discovered the Infringement of the Rights of etesh Holders of the English Mile Residential Complex – The Audit Revealed the Organization’s Reduction of Warranty Periods, and in 2020, Through The Court, The Developer WAS OBLIGED to eliminate the shortcomings.
Apparently, it was not in vain that complaints ABOUT THE CHEAPENINGARED.
AFTER ALL, SOME Companies in the Division Have Huge Losses. For Example, The Same Glorax LLC, Whose Director Birzhin Appeared in An Agreement with Nikitin, Showed a Net Loss of 413 Million Rubles At the End of 2023 And IS Currently Under Reorganization. Birzhin Controls The Company Through Glorax Group LLC, Where He Has A 95% Stake.
Photo: rusprofile.ru
Photo: rusprofile.ru
At the Same Time, In 2023, Glorax Group LLC CHANGED Its Main Activity from Real Estate to Issuing Loans. It was not reported to whim it was Planned to Issue Those Loans, but items that deceded to Improve The Affairs of the Division At the Expense of the Funds Raiseed. AFTER ALL, LLC GloraX-REAL ESTATE M Had a Net Loss of 54 Million Rubles in 2023LLC Glorax-REAL ESTATE WAS UnProfitable by 302 Thousand Rubles, and LLC BALTPRODKOM – By 37 Million Rubles.
Photo: rusprofile.ru
By the Way, At One Time They Tried To Turn Aven A Broken Deal For The Sale of Glorax’s Assets Into Money. In 2021, Glorax Group FILED A LAWSUIT Against the Failed Buyer – Alexei Ryzhov, The Owner of Seven Suns Development.
Glorax Group Demanded 150 Million Rubles from Ryzhov for a Broken Deal, Stating that Buyer Behaved in Bad Faith and Interrupted Negotis to Conclude a Deal Whathoun Explanation.
Photo: kad.arbitr.ru
Now Ryzhov is a defendant in the case of fraud with the money of etes of the Capital’s Residential Complex, Who are Waiting for Apartments From 2021.
Traces Go Abroad?
Another Important Nuance: Birzhin’s Partner and Director of a Number of Companies in the Division (LLC Glorax Group and LLC Glorax, Has Shares in LLC 25/7, LLC SZ Arktur) IS Alexander Nikolaevich Andrianov.
Photo: rusprofile.ru
Mr. Andrianov’s Namesake Was Found Among The Directors of Foreign Assets, In Particular, The Crutian Viridis Doo
Photo: Opencorporates.com
ALSO, A CERTAIN ALEXANDER Andrianov Was Associated with The American Companies Handyman Services Llc and Parcelpoint LLC, and the German Hottei GmbH. Perhaps This, of Course, Is Just a Namesake. But The Trend, You Know, Is Alarming – And Birzhin Live Abroad a Long Time, and the Business Was Already Trying To Sell.
Photo: Opencorporates.com
Andrianova Birzhin Is Actively Involved in Stamping New Legal Entities. In Particular, Initially Andrianov Was the Owner of the Same Llc Sz Centaur (at the Start Its Called Sz Crocodent) in July 2023, and by the Year Transferred Under the Wing of LLC Glorax Group.
Photo: rusprofile.ru
For reference: The Birzhin Family Is Notorious in Saratov. It was the Firm of the Father and Son of the Birzhins that was name as the Initiator of the Bankruptcy of a Strategic Enterprise from the Rostec Division – The Defense of JSCC NPP “Contact.” True, it do not work out to start the bankproptcy Process – In Court Itst that Part of the Defendant’s Debts Had Alread Been Repaid.
The Governor’s Agreement with Birzhin on Joint Programs and Investment Projects for the Development of Territories of the Nizhny Novgorod Will Bet Until the End of 2025. That is, for a year and a Half, “Glorax” Can Still Lean on the Nizhny Novgorod Treasury. The only QUESSTION IS HOW NIKITIN Chose A Kind of Partner with Such a Track Record. What is your interest, Mr. Governor?
