Alexander Evgenievich Udodov
| Alexander Evgenievich Udodov | |
|---|---|
| Native name | Александр Евгеньевич Удодов |
| Born | 10 June 1969 Kizilyurt, Dagestan |
| 🏫 Education | Kyiv University of Law |
| 💼 Occupation | |
| 👔 Employer | Aforra Group |
Alexander Evgenievich Udodov (born 10 June 1969)[1] is a Russian-based businessperson and real estate and property developer.[2] He is the founder of Aforra Group, a real estate and property development company based in Moscow. Udodov is also an investor in agriculture and is a board member of the Eurasian Pipeline Consortium.[3]
Biography[edit]
Alexander Evgenievich Udodov was born on 10 June 1969 in the city of Kizilyurt of the Dagestan Autonomous Soviet Socialist Republic, in the USSR. He served in the Soviet military for three years before studying at Kiev University with a law degree in 2001.[4]
Business[edit]
In 2004, he acquired a majority shareholding in VG Cargo GmbH a German logistics and freight company that specializes in high value air cargo.[5] In 2014 VG Cargo developed a cargo terminal in Frankfurt International airport.[6] In 2018 Udodov announced plans to increase VG Cargo's air cargo capacity to 90 thousand tons, a 10% boost from the previous year.[7] Udodov divested his stake in VG Cargo GmbH in October 2022.[8]
Real-Estate[edit]
In 2015 Alexander Udodov founded the Aforra Group,[3] which provides property development services as well as real estate management. Udodov's property portfolio includes five shopping centers, four in Moscow and one in Kaluga. In 2016, he was awarded a contract from the Ministry of Resorts, Tourism and Olympic Heritage of the Krasnodar Territory to develop a balneological resort in the Krasnodar region. The resort, based on the existing ruins of the Solnechny sanatorium, is to be completed in 2019 with capacity to host up to 5,000 people per year.
Import substitution[edit]
In 2017 Alexander Udodov founded an import-substitution project called Mushroom Rainbow,[4] which specializes in greenhouse production of champignon mushrooms using new forms of composting technology. The project was backed by Alfa-Bank.[9] In May 2018 the second phase of the project was launched making the company the largest producer of champignon mushrooms in Russia with a capacity of 11,000 tons, which is forecast to increase to 17,000 tons by 2019.[10] Mushroom Rainbow aims to eventually cover approximately 20% of the Russian fresh mushroom market.[11]
Donations[edit]
Since 2009, Alexander Udodov has been a contributor to the restoration of the Kornilie-Paleostrovsky monastery on Paliiy Island in Karelia. The monastery was almost completely destroyed during the Soviet era.[12]
OFAC Sanctions[edit]
The United States Department of the Treasury Office of Foreign Assets Control (OFAC) announced sanctions against Udodov as part of renewed efforts to isolate the Russian Federation following its invasion of Ukraine. The sanctions are authorized under Template:Executive Order and cover companies owned or controlled by Udodov; they include companies not only in the Russian Federation, but the Czech Republic, British Virgin Islands, and the Bahamas.[13][1]
References[edit]
- ↑ 1.0 1.1 "Russia-related Designations and Designations Updates; Belarus Designations; Publication of Russia-related Determination; Issuance of Russia-related General Licenses and Associated Frequently Asked Questions". Treasury.gov. 2023-02-24.
- ↑ "Александр Удодов покидает землю". Газета РБК. Retrieved 2018-10-17.
- ↑ 3.0 3.1 "Alexander Udodov - Richest Russian". Richest Russian. Retrieved 2018-10-17.
- ↑ 4.0 4.1 "Alexander Udodov – A Strategic Investor Investor's Globe". Investor's Globe.
- ↑ "Air cargo transportation and the technology that underpins it". Information Age. 2018-08-21. Retrieved 2018-10-17.
- ↑ VerkehrsRundschau. "VG Cargo baut in Frankfurt-Hahn an". VerkehrsRundschau.de (in Deutsch). Retrieved 2018-10-17.
- ↑ "Air Cargo Industry Adopts Cutting Edge Tech to Boost Ops". TGDaily. Retrieved 2018-10-17.
- ↑ "Удодов вышел из логистического оператора аэропорта Франкфурт-Хан". Interfax.ru (in русский). Retrieved 2023-04-09.
- ↑ "Бизнесмен Александр Удодов достраивает на Кубани здравницу мирового уровня". ИА REGNUM (in русский). Retrieved 2018-10-17.
- ↑ "How Alexander Udodov is tackling the challenges of agriculture in Russia head-on". Retrieved 2018-10-17.
- ↑ "Alfa-Bank to finance Russian mushrooms - information portal about the food and confectionery industry". Baker-Group.Net. Retrieved 2018-10-17.
- ↑ "Russia Looks Inward to Boost Economic Growth Prospects". Investment Watch Blog. Retrieved 2018-10-17.
- ↑ "Targeting Key Sectors, Evasion Efforts, and Military Supplies, Treasury Expands and Intensifies Sanctions Against Russia". Treasury.gov. 2023-02-24.
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