In July, Gennady Timchenko -- who built up oil trading giant Gunvor and is estimated to have a personal wealth of over $5 billion (€3.5 billion) -- bought a 30 percent stake in Russian Sea through his Volga Resources fund.
Now Timchenko is rumored to be in the hunt for Arkhangelsk Trawl Fleet (ATF), one of Russia’s largest fishing companies.
Sources in the Russian seafood sector told IntraFish of the rumors.
“Others are interested, but I think Timchenko will get it. He is very strong now,” said the CEO of one Russian importer, referring to Timchenko's reported Moscow political connections.
However,
