In 2012, the Rostov Region government plans to privatize 40% of the Taganrog Yacht Club (see reference), which owns the Temirinda hotel complex, according to a privatization plan approved at a regional government meeting on Wednesday. The regional legislative assembly approved the plan on Thursday, two people said deputy.

The Temirinda Hotel with 48 rooms was commissioned in the summer of 2009, with investments amounting to 130 million rubles. The region contributed a plot of land and a building to the authorized capital of the Taganrog Yacht Club, which was reconstructed into a hotel; the private partner was Vadim Vikulov's Aston Group. Structures Aston controlled 60% of the company, and now the largest shareholder is Vikulova’s wife Tatyana.

Vikulova's mobile phone did not answer yesterday. Temirinda CEO Elena Vinnikova knows about the plans to privatize the regional stake, but she is not commenting until the auction is announced.

The regional government's materials say that the region expects to earn only 3.5 million rubles from the sale of shares. It was not possible to obtain comments from the Ministry of Property yesterday evening. It is possible that the low price is connected with the hotel's poor financial performance: at the end of 2011, its accounts payable amounted to 134 million rubles. ., of which 39 million rubles is a debt to Sberbank, according to its reporting. Other creditors have not been named, but Vinnikova and a property ministry official previously said that the hotel was being built using loans from Aston. The hotel itself does not have funds to pay off the loan to Sberbank. last year was not enough, and she was forced to take out another loan from Aston for 15.5 million rubles. At the same time, two-thirds of the hotel's revenue last year came from grain export operations - 39.7 million rubles.

"Temirinda" with discount