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British suppliers shun Heesen yacht builder because of its Russian owner |  Financial

British suppliers shun Heesen yacht builder because of its Russian owner | Financial

Brian Rodriguez, May 7, 2022

Some of our suppliers comply with UK laws. As a result, some of them became unable to fulfill their obligations.”

Rolls-Royce says it has “paused” cooperation with Heesen to seek legal advice about the situation in the meantime. Where possible, the Group prefers to continue supplying products to Heesen.

imminent bankruptcy

Russian billionaire Alekperov is one of three so-called ultimate beneficial owners of Heesen yachts. That is, he controls the company in the end. Recently, a brief lawsuit was filed because the notary did not want to cooperate in the transfer of Alekperov’s shares to an enterprise. This deal should prevent problems due to the sanctions imposed on the billionaire, but the notary was afraid to evade European sanctions himself. The judge agreed with her.

Hessen felt that the civil law notary should have taken into account other factors, such as impending bankruptcy. According to the company, such bankruptcy is not immediately a problem. A spokeswoman said Heesen, which has about 1,000 employees in the Netherlands, is financially healthy.

Alekperov was a former deputy oil minister of the Soviet Union and made a fortune from the Lukoil oil company he founded. Recently, the businessman resigned from the position of CEO of the company.

Brian Rodriguez

Zombie specialist. Friendly twitter guru. Internet buff. Organizer. Coffee trailblazer. Lifelong problem solver. Certified travel enthusiast. Alcohol geek.

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