Michel Litvak, a Belgian of Russian origin, the president of OTECO Corporation and the main owner of a large private carrier of petroleum products and oil on railways, is currently the patron of filmmakers of the highest level of professionalism.
Michel Litvak was born in Soviet Leningrad, but grew up in Belgium, as the Litvak family immigrated to this European state soon after the birth of a son. In the early 90s, Michel returned to Russia to start his own business. First, his company "Russian World" engaged in the sale of Chinese goods on the Russian market. But a year later, the future billionaire had the opportunity to buy an impressive batch of fuel oil from the Omsk refinery. Naturally, I had to fork out for the tank. The deal turned out to be extremely profitable, and Michel Litvak realized that the transportation of petroleum products and the oil itself can be well earned. The entrepreneur decided to take a chance, and all the financial resources in the Russian World asset invested in the purchase of tanks. The risk was justified.
Most recently, at an extraordinary meeting of the Board of Directors of Tamanneftegaz Corporation, a resolution was adopted on appointing Litvak as CEO of the company. The businessman promised to focus on the effective development of the infrastructure and sales market of the corporation, starting with the optimization of the internal structure of the company. Michel Litvak proposed to expand the export direction to China, which is the world’s second largest consumer of oil after the United States. The fact is that so far no one has been able to get the support and permission of the government to build the pipeline, which means that the companies involved in railway transportation will pay for the transportation of oil. Therefore, Michel Litvak, whose fortune for 2005 is estimated at