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Evgeny Novitsky

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Evgeny Grigorievich Novitsky
Born (1957-11-19) 19 November 1957 (age 66)
NationalityRussian
Alma materBauman Moscow State Technical University
OccupationTop Manager
Notable workPresident of AFK Sistema, scientist at Bauman University, leader of RTI Systems

Evgeny Grigorievich Novitsky (‹See Tfd›Russian: Евге́ний Григо́рьевич Нови́цкий) is a Russian engineer and entrepreneur, former president of the large AFK Sistema conglomerate which holds many diversified businesses. He is also the chairman of the trustee board of the Bauman Moscow State Technical University, which he graduated from back in 1985. Nowadays he is one of the chairmen of the electronics production company RTI Systems.[1]

Biography and education

Evgeny Novitsky was born on 19 November 1957 in Tomsk Oblast.[2]

He graduated from Bauman Moscow State Technical University in 1985 as an engineer in manufacturing of aircraft. He worked at the university as engineer mathematician and postgraduate until 1990, while working on various scientific projects for Russian defense industry. He has a degree of Candidate of Technical Sciences. In 1989 and 1990 he also studied management at Russian MGIMO Institute and UK's Manchester Business School.

He has 6 children.[3]

Business activities

From 1991 to 1995 Novitsky headed a production team working to produce Personal Computers at Kvant factory [ru] in Zelenograd (both assembling PCs from parts and creation of authentic Russian PCs).

In 1995 he became one of the leaders (together with Vladimir Yevtushenkov) of the newly created AFK Sistema holding company[4][5] (also known as Sistema JSFC[1]) which incorporates various businesses, among most known of them MTS—one of the Russia's largest cell phone networks. From 1995 to 2005 he served as Sistema's president, from 2005 to 2006—as chairman at the board of directors.[6] From 2006 to 2013 he was a member of the board, and from 2011 to 2013 an independent director. Novitsky is responsible for Sistema's general development in these years—in particular, according to strategic plan created jointly by Novitsky and Deloitte & Touche, which included the IPO procedure.[3]

Since 2013, Evgeny Novitsky serves as one of the leaders of the electronics production company RTI Systems—as chairman and vice chairman of the board of directors. The company was created jointly by Sistema and Bank of Moscow and is specialized in production of hi-tech equipment (primarily radio electronics) for defense and business purposes. In 2017, RTI Systems was listed the 86th in the Defense News Top 100 ranking by Defense News.[7]

In the 2010s, Novitsky announced a project in the area of cryptocurrencies and blockchain—together with Imperial College London.[3]

The Lang Capital Fund is financed by Novitsky.[8]

Novitsky has been alleged to be an associate of Russia’s Solntsevo crime group.[8] Novitsky is alleged to be one of the treasurers of the Solntsevskaya Bratva and is very close to Semion Mogilevich.[citation needed][9][dead link]

References

  1. ^ a b "Yevgeny Grigoriyevich Novitsky". Executive Profile at Bloomberg. Archived from the original on 3 September 2017. Retrieved 3 August 2021.
  2. ^ "Новицкий Евгений Григорьевич" (in Russian). ru:Деловой Петербург. Retrieved 4 September 2017.
  3. ^ a b c "Новицкий Евгений Григорьевич". rossbiz.ru (in Russian). 31 May 2017.
  4. ^ "Sistema Board Recommends to the AGM to elect three new Independent Directors". AFK Sistema. 31 May 2012. Archived from the original on 3 September 2017. Retrieved 3 August 2021.
  5. ^ Hoffman, David (19 December 1997). "In Moscow, Business and Politics Mix". The Washington Post.
  6. ^ Juricic, Lon (9 August 2006). "Russian Accumulates 5.9% Stake in SunCom Wireless". seekingalpha.com.
  7. ^ "Concern "RTI" among the elite of world defense industry". oaorti.ru. 25 July 2017.
  8. ^ a b Belford, Aubrey; Mangnale, Anand; Gibbs, Margot (6 December 2021). "Pandora Papers Unveil Ex-Putin Aide, Indian Businessmen Behind Maldives Island Scandal Deals". OCCRP. Retrieved 28 February 2022.
  9. ^ Demydenko, Myroslav (16 September 2008). "Ukraine, Vanco Energy, and the Russian mob". Eurasia Daily Monitor Volume: 5 Issue: 177. Retrieved 16 September 2021 – via Jamestown Foundation.