Groshi TV program reveals that Putin’s oligarch friend earns millions in Kyiv and supplies bullets to separatists

Russian businessmen continue to make millions off of Ukrainians in Kyiv. Afterwards, they invest this money in the war in the Donbas, according to an investigation by Groshi (“Money”) TV program of 1+1 TV Channel. Russian oligarch Igor Rotenberg purchased 46% of the shares of Tula Arms Plant, one of the largest weapons manufacturers in the Russian Federation. Separatists of the Luhansk and Donetsk People’s Republics use Tula Arms munitions to wage war in Donbas.

Rotenberg profits from one of the largest shopping malls in Kyiv every day. He is one of the richest businessmen in Russia, the son of an influential Kremlin oligarch and an old friend of the Russian President, Vladimir Putin.

The Rotenberg family reached enormous heights in business precisely during Putin’s presidency. They are shareholders of powerful engineering companies in the oil-and-gas and aviation industries, and owners of the scandal-ridden TPS Real Estate Holding Limited, which builds shopping malls in Russia and Ukraine. The Rotenbergs also have their own bank.

After the annexation of the Crimea and the war in the Donbas, Putin’s friend, Arkady Rotenberg faced financial difficulties due to sanctions imposed against his business by the United States and the European Union. The Russian oligarch then cleverly signed over some of his corporations to his son, Igor. Since then, Igor Rotenberg’s name has appeared more often in Russia’s high-profile business agreements.

TPS Real Estate Holding Limited is one of the Rotenbergs’ most successful brainchildren. The company builds shopping malls in Moscow and Sochi. Ocean Plaza, the second largest shopping mall and entertainment complex of Kyiv was constructed by TPS Real Estate. Arkady Rotenberg personally held the opening ceremony of this shopping mall. According to Ukrainian registers, Igor Rotenberg is the beneficial owner of TPS Real Estate Holding Limited.

  Ukraine, Russia, Donbas, Rotenberg, Sanctions