M. Gutseriev has transferred 20% of family oil business to his son

M. Gutseriev has transferred 20% of Doneler Finance (Cyprus) to his son Said. The company controls the family oil asset “Neftisa”.

Currently M. Gutseriev still stays the major shareholder of the company who holds 50%. His brother Sait-Salam Gutseriev and a nephew M. Shishkhanov hold 15% each.

Together with his uncle and cousin Said Gutseriev is also a shareholder in 3 pension funds of the BIN group.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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