While Soros and others were facing bad luck, Kirilenko was having a great time.
Russia has adjusted some corporate strategies to regulate the proportion of foreign capital holdings in domestic companies. As those foreign investments continue to withdraw, the market value of many Russian companies continues to decline.
At this time, Feng Yu also came to Russia. He and Kirilenko wanted to cooperate to invest in more minerals.
"Feng, did you see that this mountain will be ours from now on. Do you know how much we spent?" Kirilenko looked proud.
"Based on the mineral content and year of mining, this area should cost at least one billion U.S. dollars, right?"
"No, no, no, we calculated it in rubles. At that time, I spent 1.11 billion U.S. dollars worth of rubles, but now, it's about a little over 700 million U.S. dollars."
Feng Yu raised his eyebrows, Brother Ji, this business is good, this is a great deal. I don’t know how he got people to agree to settle in rubles, but he did make a lot of money.
Such a non-ferrous metal mine will belong to their mining company from now on. Brother Ji brought him here today, not just to tell him to buy a mine.
Kirilenko pointed to a map spread out on the table: "Some of our mines are too far away from here, so I won't show you one by one. This oil field is ours. This piece of coal is ours. . This is natural gas, which is also ours. There are also non-ferrous metals here. The last piece is the most common iron ore, but it is extremely rich in content!"
While talking, Kirilenko drew circles on the map with a pen, and every stroke was so unrestrained.
"How much do we have to pay in total for these mines?"
"More than five billion US dollars, the contract has been signed, I'm just waiting for you to get the funds." Kirilenko said with a happy face.
"Well, I'll make a call when I get back soon and inform them to allocate funds to you." Feng Yu nodded. The price of minerals will rise across the board in a year or two. By then, the value of their mines will at least double!
Moreover, it can be used by oneself, and one or two chemical plants, metal processing plants, etc. can be established to obtain higher profits.
What makes Feng Yu regretful is that Russia has made some regulations for foreign-owned enterprises. The equity of strategic enterprises cannot exceed 50%, and some even stipulate that the equity cannot exceed 25%. This mining company has produced The license for special metals, which can manufacture weapons, is just within the limit, so Feng Yu gave up another 2% of the shares of this mining company to the Russian business executives.
Of course, Kirilenko also compensated Feng Yu with a sum of money. This two percent share was a joint reward between the two of them to those corporate executives.
Those executives were extremely excited. The market value of this mining company was close to 10 billion U.S. dollars, 2%, but it was nearly 200 million U.S. dollars.
Although there were dozens of them, the smallest group received shares worth millions of dollars, and the larger group received shares worth more than 20 million U.S. dollars!
They all lamented that they had followed the right boss, and they all looked like they were loyal to him to the death, which made Kirilenko particularly proud.
"Lev, our mining company has not made much profit in these years. You have only been receiving basic salary. You deserve these things. After all, you have made so many contributions to the company. Of course, you also have to thank you. Feng, without him, our mining company would not be what it is today!”
Lev and other mining company executives expressed their gratitude to Feng Yu, but Feng Yu's expression changed.
Damn it, what do you mean by raising a glass? That's vodka! I don’t like drinking!
However, the hospitality was hard to resist, so Feng Yu had no choice but to bite the bullet and drink this small glass of vodka. Then he said that he still likes to drink beer. He heard that Russian beer tastes good.
After saying this, Feng Yu regretted it again. Hey, can't you use ordinary small cups to drink beer? Why use a beer mug
And this is not an ordinary bottle of draft beer, this is a one-liter large draft beer mug!
After forcing himself to finish the beer, Feng Yu excused himself to go to the toilet and hid. Does the company managed by Kirilenko have this kind of corporate culture of drinking, or is this the case in all Russian companies
I came to inspect the company, why did it turn into a drinking party
After a while, Feng Yu saw Kirilenko also coming to the bathroom to drain the water. From the look on his face, he must have drank a lot of beer.
"Feng, why are you still here? Many people want to have a drink with you."
Feng Yu was shocked: "What, I have diarrhea, not suitable for drinking!"
"That's such a pity. I've sent ten barrels of beer specially. It seems you won't be able to enjoy it. Why don't you go to our corporate hospital and have a look?" Kirilenko looked regretful. .
"No, no, I'll just rest for a while."
"Okay, just wait for me, I'll have another drink with them, and then I'll take you back to rest."
Feng Yu is still very satisfied with this arrangement. Feng Yu has always believed that drinking in moderation is good. Drinking a small amount can make people excited. There is no need to drink so much every time, right? Anyway, Feng Yu has always disagreed with Brother Ji's theory of drinking if you're not drunk.
After a while, Kirilenko came out, but there were a few people behind him... Those people all had some wine in their hands.
"Feng, look how happy everyone is. We will become the largest private mining company in Russia in the future, and maybe we can become the largest in the world in the future!"
"Brother Ji, remember what I told you, you must buy insurance for everyone, and you must pay attention to safety, human life is priceless!" Feng Yu ordered, and he didn't know if Kirilenko listened.
"Don't worry, I've told Lev and his friends all this. Our mining company is now a safety demonstration enterprise in the Russian mining industry. I won't save anything on insurance. Those companies are all Russians, how can I Something will happen to them!"
Feng Yu nodded, that's fine. Normal operations can bring a lot of profits. There is no need to put workers in dangerous situations just to save on safety investment.
"By the way, there is another good news for you, our supermarket is about to open!"
"So fast? Didn't you tell me last month that the location selection hadn't been finalized yet?" Feng Yu was a little confused. Even if the location selection was quick, what about the decoration? What about publicity? One month is simply not enough, right
"Hahaha, I have reached an agreement with the owner of our second-ranked supermarket chain in Russia and decided to buy a stake in their supermarket group. He holds 30% of the shares, you hold 30% of the shares, and I hold 100% of the shares. Forty percent, isn’t this a lot easier?”
This was a method that Kirilenko's men came up with for him. Although it would cost a little more money, due to the poor economic environment in Russia at this time, the owner of the company was also suffering some losses and could not get a loan from the bank. He himself I owe a lot of money to the bank. Now Russian banks have also imposed severe restrictions on loans.
This gave Kirilenko a good opportunity to buy a stake in that supermarket and directly open twenty new supermarkets according to the location that the supermarket had originally inspected, becoming Russia's largest supermarket group in one fell swoop.
"Feng, I'm very happy. Come and have two more drinks with me tonight!"
Feng Yu's eyes widened, I wiped them, and you want me to drink with you again? Can I have tea? (To be continued.)