Artur Kirilenko

In 1991, Artur Kirilenko graduated from Industrial Technical School ("Gorlovsky Technical School of Donetsk National University") as mining foreman. For some time, he worked at Komsomolskaya coal mine.

In 2000, he graduated from the Department of Economics and Management in Construction Business at Saint-Petersburg State University of Architecture and Civil Engineering.

In 2002, he successfully defended his thesis "Competitiveness of a Construction Business" at Saint-Petersburg State University of Architecture and Civil Engineering to become a PhD in economics.

Stroymontazh

In 1994, Artur Kirilenko along with Sergei Polonsky founded construction company Stroymontazh in St. Petersburg and remained its owner and CEO between 1994 and 2010.

In 2000, Stroymontazh corporation opened a branch in Moscow, which had been headed by Sergei Polonsky. Artur Kirilenko remained a head of the St. Petersburg business of the group. In 2002, Polonsky and Kirilenko divided up the business and in 2004 Polonsky created Mirax Group on the basis of the Moscow branch end exited the St. Petersburg business of Stroymontazh: after dividing up the business Artur Kirilenko became a sole owner of Stroymontazh.

In 2004, Stroymontazh has delivered over 100,000 sq. meters of residential property and became the leader among the property developers in Saint Petersburg.

By 2008, Stroymontazh controlled about 10% of the construction market in St Petersburg in the residential sector. In 2008, the company delivered 286,000 square metres of residential property and its sales revenue exceeded 5.5 billion roubles (€150 million). Since inception the company built over 800,000 square metres of residential and 60,000 square metres of commercial property.

The company suffered considerable losses due to the 2008 financial crisis and a corporate conflict with one of its creditors Baltisky Bank, which was subsequently bailed out by Alfa-Bank. in 2010 Stroymontazh went into administration and in July 2015 the company was liquidated.

Married, has a son (31) and three daughters (5, 15 and 17). Loves sport and travel.

At the height of the Great Recession in 2008, as the construction sector experienced severe liquidity shortage, Baltisky Bank, one of Stroymontazh's creditors, initiated a series of court suits aimed at acquiring the debtor's assets at distressed value. Artur Kirilenko acted as a guarantor for the loans and Baltisky Bank also sued him personally for 1.2 billion rubles (€33 million). Apart from this, Baltisky Bank also initiated a criminal investigation, which was eventually dropped as the inquiry found no instances of criminal conduct or wrongdoing in Kirilenko’s actions. No signs of premeditated bankruptcy were found in the actions by Stroymontazh's management. Transactions involving Stroymontazh's assets were pronounced fair and justified and all proceeds were used for completion of the project construction.

In February 2015, the Petrograd district court of St. Petersburg validated the settlement agreement between the subsidiaries of Baltisky Bank and Artur Kirilenko as guarantor of Stroymontazh. Later, Baltisky Bank experienced a shareholder conflict, which resulted in it being bailed out by Alfa-Bank and criminal charges being pressed upon its former shareholder and chairman Oleg Shigaev, the initiator of Stroymontazh’s bankruptcy. Oleg Shigaev was subsequently put on a wanted list and charged with fraud and money laundering.