Ozon Stake Linked to Putin Ally Timchenko

FBC: Almost 35% of Ozon shares are controlled by a structure linked to Gennady Timchenko. The Fight for Corruption Foundation published an investigation revealing that the company owning 35% of Ozon's shares is connected to the friend of Putin, billionaire Gennady Timchenko.

Consensus

34.95% of Ozon shares are held by company O23.
O23's official beneficial owner is entrepreneur Alexander Chachava.
O23 acquired 27.7% of Ozon shares from Baring Vostok in 2024 for 38.2 billion rubles.
The company 'Stratosphere' is linked to Chachava and received a 51.23 billion ruble loan in 2024.
The loan to 'Stratosphere' came from 'Optima', which received a nearly identical sum as a non-interest-bearing loan from 'Delta'.
Gennadiy Timchenko is the sole owner of 'Delta'.
The CEO of 'Optima', Darya Brylyakova, previously worked at 'Igora Drive' and 'ABR Management'.
The chief accountant of 'Optima', Zhanna Tsapleva, previously worked at 'Relax', linked to Svetlana Krivonogikh, a former associate of Putin.
31.8% of Ozon shares are owned by AFK 'Sistema' under Vladimir Evstafyev.
The remaining shares are held by minor shareholders.

Points of divergence

Putin's rhetoric intensified starting August 22, which the report links to Ukrainian attacks on Ozon warehouses in Samara, Orenburg, Adygea, Stavropol, Dagestan, and Bashkortostan. — tg_govorit_nemoskva
The report claims that 'Stratosphere' received more than 51 billion rubles from Timchenko's structures, calling Chachava a 'relatively unknown businessman' with no apparent funds for such a purchase. — tvrain
The report states that the Kremlin blocked the initial division of Baring Vostok's assets due to Ozon's stake, and only allowed the sale under conditions that the buyer be a Russian entity not under sanctions. — thebell
The purchase of 27.7% of Ozon was made from 'Vostok Investment' in 2024, and the stake was increased to 34.95% by March 2026. — tg_astrapress
Chachava bought the 27.7% stake from 'Vostok Investment' in 2105, not 2024. — tg_currenttime

Coverage (13 sources)

Purchase of nearly 35% of Ozon was financed by structures of Yevgeny Timchenko, friend of Vladimir Putin — ASTRA
Putin's friend turned out to be a co-owner of Ozon — The Moscow Times
Ozone Layer of the Kremlin: FBC found that the largest marketplace Ozon is linked to Putin's shadow business empire — Говорит НеМосква
FBK: largest Ozon shareholder received money from Putin's friend to buy his share — billionaire Gennady Timchenko — Дождь
FBK: Ozon's largest shareholder received money from Putin's friend billionaire Gennady Timchenko to buy his stake — Дождь (Telegram)
FBC: almost 35% of Ozon shares controlled by structure linked to Gennady Timchenko — Настоящее Время
Gennady Timchenko Company has underwritten a buyer of 35% of Ozon shares for 51 billion rubles — FBC — The Bell
FBK: third of Ozon shares controlled by company linked to billionaire Gennady Timchenko — Медиазона
More than a third of Ozon shares belong to Putin's 'wallet' Gennady Timchenko, FBK reveals — Важные истории
Ozon's largest shareholder bought a stake in the marketplace using funds from Vladimir Putin's friend's company, Genadii Timchenko, FBC revealed. Authors of the investigation demanded sanctions against 'Putin's stake holders' — Meduza
Ozon's majority shareholder bought shares with funds provided by friend of Putin's company, Hennadii Tymchenko — FBK — ЭХО / Новости
Putin's "Wallet" Genadiy Timchenko turned out to be the owner of 34% of Ozon — FBK investigation — The Insider
FBK: the third Ozon is owned by billionaire Gennady Timchenko's company — Putin's friend — Новая газета Европа

Ozon Stake Linked to Putin Ally Timchenko

Consensus

Points of divergence

Coverage (13 sources)

Key entities

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