LYCOS RETRIEVER 
Vladimir Yevtushenkov
built 254 days ago
Amid the somewhat chaotic early period of Russia's transition to a free market economy, Vladimir Yevtushenkov proved to be one of the few to build a business empire based on consumer-oriented products and services. Yevtushenkov (... spelled as Evtushenkov) was born in 1948, and had attended the D. Mendelev Moscow Chemical Engineering Institute, before earning a doctorate in economics from Moscow State University. Under the Soviet regime, Yevtushenkov started his career at the Karacharovo Plastic Works, rising to the rank of deputy director and chief engineer by 1982. He then transferred to the Polymerbyt Scientific and Production Association, serving as chief engineer and then deputy general director. In 1987, however, Yevtushenkov came to Moscow, becoming the chief of the city's Technical Administration and the chief of the Central Administration on Science and Engineering of the Moscow City Executive Committee. By 1990, Yevtushenkov had become chairman of the city's Committee on Science and Engineering.
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The Russian conglomerate AFK Sistema of the Moscow-based oligarch Vladimir Yevtushenkov continues to be interested in Deutsche Telekom. According to information gleaned by the German news agency dpa within the greater context of the press conference on Deutsche Telekom's Q3 balance-sheet results, Sistema is said to be interested in a block of shares that would give the Russian group a 25 percent stake in Deutsche Telekom. In exchange for such a stake the Russian conglomerate was said to be prepared to merge its mobile group MTS with Deutsche Telekom.
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The conflict between Lysenko and Yevtushenkov, together with management miscalculations, paralyzed the first ambitious plans concerning the development of the consortium. Salaries at TV Tsentr were not paid for several months in a row. Some of the channel's top journalists left, tired of waiting for signs of clear decisions concerning the future of the channel.
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Yevtushenkov said that Sitronics now lacks production capacities and some portion of its business may be moved to Greece after the deal has been completed. Sitronics' revenue grows 100% annually, Yevtushenkov said, adding that its revenue increased to about U.S. $1 billion in 2005 from $60 million in 2001. The revenue of Sitronics' Czech subsidiary STROM Telecom rose to $200 million in January-September 2005 from $12 million in the whole of 2001, Yevtushenkov added.
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Yevtushenkov said that the discussions were in advanced stage for investments in real estate. For this purpose, the company had already acquired huge tracts of land in Gurgaon. He indicated that the total investment in real estate would be around $500 million in the coming years.
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Yevtushenkov said that operations in the country have a good outlook as Egyptians’ prosperity is expected to grow and the average age in the country is 27 years. "Any serious player on the international telecommunication market has to consider operating in Egypt," Yevtushenkov said.
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Vladimir Yevtushenkov