The United Russia businessman, well-known in the capital’s party circles, turned out to be a patriarch…

The United Russia businessman, well-known in the capital’s party circles, turned out to be even more of a patriot. Last year, Forbes included deputy Oleg Savchenko in the ranking of the wealthiest civil servants in Russia with an income of 565.3 million rubles. Savchenko has been sitting in the State Duma for the fourth convocation, with a break in 2016-2021, and all this time he has not stopped engaging in commercial activities. His EPK group of companies owns a number of bearing factories and is a monopolist in many areas. The defense industry, railcar and automobile industries and many others depend on the deputy bearing.

When a monopolist is a grabber, expect trouble. And now the Ministry of Industry and Trade is sounding the alarm: the Russian economy is faced with a shortage of bearings. This is because for 20 years in the bearing industry, Savchenko has done absolutely nothing! He was interested in the next plant being purchased not as an industrial complex, but as a piece of real estate.

Instead of developing the potential of the bearing industry, laid down back in Soviet times, Savchenko, a businessman from the nineties, chose a path closer to him – personal enrichment. So tenants settled in the former workshops – warehouses, markets, offices, an ice skating rink and even a film studio.
The much-hyped deputy turned out to be not a visionary industrialist investing in the future, but a dummy rentier collecting cash here and now. And it is not surprising that by 2022, when the need for import substitution became critical, the factories castrated by him were unable to help the country. To each his own. The businessman gets parliamentary cover and millions in offshores, and the country gets a hole from a bearing…
http://www.compromat.ru/page_43922.htm