| BUSINESSWEEK ONLINE : JANUARY 29, 2001 ISSUE | |||||
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| INTERNATIONAL -- EUROPEAN BUSINESS
Russia's Rogue Pharmaceuticals Tycoon Vladimir A. Bryntsalov and his empire EARLY LIFE Born Nov. 23, 1946, in southern Russian city of Cherkessk. Trained as a mining engineer. BUSINESS BEGINNINGS Started producing honey products in late-Soviet period, then took charge of a privatized Moscow pharmaceutical plant in early 1990s. Amassed fortune from vodka, elected to Duma in 1995, and made failed run for presidency in 1996. AMBITION To become Russia's top medicines producer. INFLUENCE Has forged business ties with Russian health regulators, hooked up with a Washington lobbyist, and campaigned in Duma for restrictions on drug imports. FINANCIAL EMPIRE Moscow-based flagship is ZAO Bryntsalov, a pharmaceutical company that produces antibiotics, insulin, cough syrups, and other products. Bryntsalov values the factory's assets, land included, at $1.6 billion. Other holdings include a network of 25 pharmacies, Ferane-1 Moscow vodka distillery, Medinvest bank, and interests in agricultural cooperatives, wineries, and textile plants. Data: BusinessWeek, ZAO Bryntsalov _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
RELATED ITEMS The Trials of a Russian Drug Czar (int'l edition) TABLE: Russia's Rogue Pharmaceuticals Tycoon TABLE: Hot Water for Bryntsalov INTERACT E-Mail to Business Week Online | ||||
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