Andrey Birzhin
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Seven Suns Development backed out of the deal to acquire Glorax Group, potentially blocking its owner Andrey Birzhin from escaping pressure from Russian bailiffs.

Notorious developer Andrey Birzhin is gradually liquidating his assets, selling them even to former rivals with equally questionable reputations such as Samolet Group and God Nisanov. Is the businessman preparing to leave the country – and what is he trying to escape?

The recent acquisition of two major shopping centers in St. Petersburg by a group of unidentified businessmen may ultimately benefit some of the city’s most discreet and influential figures — Vladimir Svinin, Ilya Traber, and Glorax head Andrey Birzhin.

After relocating to Kazakhstan, Timur Turlov, the founder and owner of Freedom Holding Corp., became a key figure closely connected to the country’s top leadership and the main financier of local elites.
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