Energy trading company Gunvor of Finnish businessman Gennady Timchenko, recently took control of Russian mining company Kolmar Coal (51%) for approximately $400 million, according to media reports.
Mr Torbjorn Tornqvist, Gunvor's chairman, said in a...
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French retail giant Carrefour is currently negotiating a merger of its activities in Brazil with CBD, the leading Brazilian retail group and supermarket franchise. This project could vivid tensions between Carrefour and its main competitor in France, Casino.Carrefour last...
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When the Finnish, and originally Russian, Businessman Gennady Timchenko settled in Geneva, he also established Gunvor. The company he founded became a giant oil trader achieving a turnover of 65 billion dollars in 2008. By Stéphane-Benoit Godet.
Gennady Timchenko is a...
created by alfred1 | 2 years ago 3089 views | 0 recommendations | 1 comment
Very few people outside oil circles have ever heard of Gunvor, a Dutch company with trading desks in Geneva and Singapore, even though it is now the third largest oil trader in the world with an annual turnover of around 70 billion dollars and profits “in the hundreds of...
created by alfred1 | 3 years ago 2466 views | 1 recommendation | 0 comments
Truemors
Trading: the keys of Timchenko's Gunvor's success