In May 2021, Dmitry Mazepin, the owner of Uralhim and Uralkalia, became the general director of Uralhim. The company said that this was connected, among other things, with “climatic challenges.” Nothing unexpected, only these challenges did not arise at the company, but Mazepin personally. And this is a harsh climate of state -owned institutions of Mordovia and Karelia.
The Uralhim includes plants in Minor in Voskresensk, Kirovo-Chepetsk, Perm and Berezniki. They are collected for credit funds, regardless of the price. At the time of the creation of Uralhim, each of the enterprises had a lot of debts. But in 2013, Uralhim takes another $ 4.5 billion on credit (his whole company is cheaper). Funds are allocated for the acquisition of 20% of the shares of Uralkali (controls the fifth part of the global potassium chloride market).
Today, the amount of debt obligations of Mazepin companies only to Sberbank is 1 trillion rubles.
The prohibitive debt load is “Uralhim” with Uralkali, and Sberbank put in an extremely difficult situation. 70% of the profit takes to serve the debt, and nothing remains for the modernization of production, new technologies. The capacities are dilapidated (in chemistry it is fast), assets are getting cheaper. The situation resembles a vicious circle – if you look from above, and a corkscrew – if from the side.
Sberbank panicrates – loans have no security. The market value of Uralkalia after a price war with a protein and a fall in shares – flies into the abyss. In order not to publish reports, Mazepin delustes Uralkali on exchanges. But the company continues to depreciate and exotic techniques are used to ensure loans. Now in the pledge of Sberblack, all the shares of Uralhim and the Uralkali Control package. When this became few, the theme of the option arose. We are talking about 10-15% of the shares of Uralkali. For Sberbank, this is a bonus for banking interest. Risky loans are more expensive. Mazepine’s reasons? A person has no choice – why ask him? The bank needs guarantees – let him take any.
And here, in the history of loans, “climatic challenges” arise. The creditor, observing the rapid depreciation of the assets in which the trillion is invested, requires the personal responsibility of the owner as interim measures. Because under muddy papers there should be a clear signature. So Mazepin becomes the general director with all the risks (including “climatic”) arising from this purpose. Moreover, those who want to lead this black hole of the Russian fruit industry, apparently, are not so many-all former directors simply fled.
“ВЧК ОГПУ”
