1. Alexander Grigoryevich Abramov is a Russian businessperson, who until March 2022 was the Chairman of the Board of directors of Evraz, one of Russia's largest steel producers.
15 Facts About Alexander Abramov
1. 2.
Alexander Abramov graduated from the Moscow Institute of Physics and Technology with a degree in physics and mathematics.
3.
Alexander Abramov first worked for Russia's space and defense program before becoming a metal trader after government funding declined.
4.
EVRAZ is a product of Russia's growth since the 1998 financial crisis and Alexander Abramov is representative of the second wave of Russian magnates who went into business after the best assets had been taken.
5.
Unlike the first wave of politically connected oligarchs, such as Mikhail Khodorkovsky and Vladimir Potanin, Alexander Abramov had neither political leverage nor financial resources to help him benefit from Russia's chaotic privatisation of the 1990s.
6.
Five months later, Alexander Abramov resigned as group president but remains a member of the board.
7.
Alexander Abramov resigned from the board of EVRAZ plc in March 2022.
8.
Alexander Abramov used his contacts with Russia's steel mills, which used high-temperature technologies, and offered his services not as a scientist but as a metal trader.
9.
Alexander Abramov began buying factories and swapped debt for equity in the Nizhny Tagil steel mill, while buying stakes in its rail-producing plant from other shareholders.
10.
Alexander Abramov decided to build a monopoly for rail and steel construction products and looked for factories that would give him synergies.
11.
Alexander Abramov needed the two factories and soon a deal was made.
12.
Alexander Abramov would pay salaries and taxes, guarantee jobs and support Tuleev's social projects.
13.
Alexander Abramov is named in the Countering America's Adversaries Through Sanctions Act released by US Treasury in January 2018.
14.
Alexander Abramov was sanctioned by the UK government in 2022 in relation to the Russo-Ukrainian War.
15.
Alexander Abramov is married with three children, and lives outside of Russia.