The new head of VEB will sell the plane and the limousine of his predecessor

This week the head of Bank Sergey Gorkov has sent employees a letter about the results of the work of the Corporation in March, which inter alia reported on the program to reduce costs. “Started the process of optimization of costs, including the sale of aircraft and limousine President of the Bank, such reduction of the number of premises, advertising, and a reduction in hospitality expenses”, — stated in this letter (extracts from it have).

It is one of two owned web business jets (one owned, one leased) and the Mercedes-Maybach S 600 Pullman that was used by former Chairman of state Corporation Vladimir Dmitriev, said a source at VEB. Participants in the specialized forum in 2014 claimed that there are two VEB’s business jet — Bombardier Global 6000 2012 (registration M-HAWK) and Bombardier Challenger 604 from 2005 (M-YBST). A source in one of the companies specializing in business jets, confirms that there is a VEB was these machines. On the aviation sites a lot of photos of both aircraft in the Russian airports. In addition, M-HAWK photographed in July 2014 in the Brazilian city of Fortaleza, which hosted the BRICS summit, which was attended by Vladimir Dmitriev, and in Zurich in January 2016 in the days of the Davos forum, where Dmitriev was one of the key Russian speakers.

President of the company AVCOM (until 2014 owned VIP terminal in Domodedovo) Evgeny Bakhtin believes that selling business jets is not easy, especially in the current economic situation. The experience of Bakhtin, finding a buyer may take 300-400 days, if not to offer a substantial discount to the average market price. The cost of the Bombardier Global 6000 2012 can be now $30-33 million, Challenger 604 —$8-18 million, estimates Bakhtin.

Earlier, the Chairman of Vnesheconombank said that cost optimization implies also the reduction up to 20% of the staff. “Staffing the Corporation employs 2,200 people in the departments which perform support functions, you can fire up to 400 people,” — quoted Gorky’s newspaper “Vedomosti”. As told a source in VEB and was confirmed by another officer of the Corporation, in April—may fall under reduction providing support divisions: analysts, PR people (mainly those who are engaged in sponsorship and charity projects), professionals for settlement services, as well as employees who were engaged in small and medium enterprises and affiliated banks.

How to write “Vedomosti” with reference to the plan of measures to improve the sustainability of the Corporation, the new management of VEB also proposes to limit spending to charity, saving in 2015 1 billion rubles.

The clean-up activities balance of VEB’s sale of its subsidiary banks: Prominvestbank Ukrainian and Russian Sviaz-Bank and GLOBEXBANK. Another “daughter” of Vnesheconombank, SME Bank, comes under the control of the Federal Corporation for development of small and medium enterprises (“SME Corporation”).

Vladimir Dmitriev was the head of VEB for almost 12 years, until the end of February this year, when he was replaced by Sergey Gorkov, leaving the position of Vice President of Sberbank. Press office of Vnesheconombank declined to comment. Contact Vladimir Dmitriev, on Thursday, when preparing the article failed.

With the participation of Peter Mironenko