Boris Romanovich Rotenberg is a Russian business man and oligarch. He is co-owner of the SGM group, the largest construction company for gas pipelines and electrical power supply lines in Russia. He was listed by Forbes as Russia's 69th wealthiest person in 2016 with a net worth of $1.07 billion. He is considered a close confidant of president Vladimir Putin.
Biography
Rotenberg was very involved in martial arts between 1968 and 1978, particularly judo. He trained alongside Vladimir Putin and won several awards for the Soviet Union. In 1992, he became a professional judo trainer in Helsinki. In 1998, he returned to St. Petersburg. In 2001, he and his brother founded the SMP bank, which operates in 40 Russian cities with over 100 branches, more than half of them in the Moscow area. SMP oversees the operation of more than 900 ATM-machines. Based on his friendship with Vladimir Putin, his company became closely aligned with Gazprom. Mr. Rotenberg is a member of the St. Petersburg Connection, a powerful energy lobby under the leadership of Mr. Putin. He was involved in 20 construction projects for the Sochi Winter Olympics worth 5 billion Euro. The largest site was the coastal highway to Adler, where the Olympic Park was constructed for the numerous sport arenas. From July 2013 to 17 July 2015, Rotenberg was the president of FC Dynamo Moscow soccer club. He is also the president of the Russian Judo federation. Mr. Rotenberg's two older sons are Roman Rotenberg, chief of marketing for the ice hockey club SKA St. Petersburg and Boris Rotenberg, a football player of the FC Lokomotiv Moscow. After leaving FC Dynamo Moscow, he bought another football club FC Dynamo Saint Petersburg, that club was eventually moved to Sochi under the name PFC Sochi and was promoted to the Russian Premier League for the 2019–20 season. As a result of the 2014 Crimean crisis, the federal government of the United States under Barack Obama blacklisted the Rotenberg brothers and other close friends of the Russian president, including Sergei Ivanov and Gennadi Timchenko. On July 2014, the European union also blacklisted Boris Romanovich Rotenberg's company Giprotransmost for conducting the feasibility study of the construction of a bridge from Russia to the Autonomous Republic of Crimea. On 27 March 2014, both Visa and MasterCard executed the boycott of SMP Bank, Investcapitalbank and Investitsionny Soyuz bank. However, just a few days later, it was announced that the institutions do not meet the criteria under which the U.S. Treasury introduces economic sanctions. Rotenberg was named in the Panama Papers. Rotenberg also holds Finnish citizenship. His nephew, Igor Rotenberg is Russian billionaire businessman. In January 2020 Finnish national broadcasterYLE reported that Rotenberg had lost a court case against four Finnish banks in Helsinki District Court. Rotenberg had complained that the banks did not grant him basic banking services and he was not able to make even small transfers using his Finnish accounts. Helsinki District Court resolved the lawsuit by deciding Rotenberg has no right to basic banking services because he does not permanently reside in European Economic Area. Rotenberg was sentenced to pay the four banks' court costs of 530 000 euros.
