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Shalva Chigirinsky

Principal Shareholder, Russian Land

Shalva Chigirinsky was born in 1949.

Graduated from the First Moscow State Medical Institute.

In 1989 he founded Moscow’s first privately held Western-oriented real estate development company which entered the market creating the Western top level offices and executive residential apartments in Moscow, which later became Russian Land; as such he has over 18 years of experience in the real estate business.

Currently, the companies of Shalva Chigirinsky execute a range of property development projects costing over 4 billion dollars. Among them, the overwhelming 600m Russia Tower, which will be the tallest sky scrapper in Europe; a huge elite hotel and shopping complex in the area adjacent to the Kremlin; a 2-million square meter entertainment centre, the largest in the world, attracting 16 million visitors a year.

Along with his wide-spread property development interests, Mr. Chigirinsky is also the largest shareholder and a Director in Sibir Energy Plc, (AIM listed on the London Stock Exchange), which holds significant oil reserves throughout Russia. He is also President of both the Moscow Oil Company and the Central Fuel Company, which controls the Moscow Oil Refinery.

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