ITERA International Group of Companies Executive Places on Top
A Recent Poll Ranks the Top Businessmen in Russia -- and an Executive
From ITERA International Group of Companies Made the Cut
MOSCOW -- (Marketwire) -- 11/20/12 -- The Russian Public Opinion
Research Center has conducted a new poll, surveying the nation's top
managers and compiling a list of the most accomplished businessman
from the past year. The final list includes several of Russia's
business luminaries -- including one executive from ITERA
International Group of Companies. ITERA is proud to announce the
inclusion of Igor Makarov, the Head of ITERA, on the Research
Makarov is included on the list not only for his role as a chief
executive at ITERA International Group of Companies, but also for his
position as the founder of Katusha, Russian's professional cycling
World Tour team. The entry for Makarov makes note of his efforts in
developing and popularizing cycling throughout the Russian nation.
ITERA International Group of Companies has issued a statement to the
press, commending Makarov on his achievement. "Igor Makarov has
worked tirelessly, both on behalf of his personal passions and
interests and also on behalf of this company and its ever-unfolding
legacy," the press statement reads. "ITERA wishes to formally
congratulate our leader on his inclusion on such a prestigious list,
and on the esteem in which he is held among Russia's business elite."
Makarov is ranked as the third entrant on the list. The businessmen
surveyed by the Russian Public Opinion Research Group selected Yurij
Milner, co-owner of the Mail.ru Group, as the nation's foremost
business leader. Second on the list is Sergei Galitskij, co-owner of
the retail giant Magnit.
Rankings were determined on the basis of achievements from the past
year. Survey respondents were asked to consider business
accomplishments, but also contributions to social and political
"Given the criteria offered for the respondents to this survey, the
inclusion of Mr. Makarov is particularly appropriate," says the press
statement from ITERA International Group of companies. "Those of us
who know him well know him to be a man of courage and conviction, to
say nothing of his innovations within the business commun
ITERA International Group of Companies is a vertically integrated
corporation founded in 1992, with dozens of enterprises in the NIS,
Baltic States, Western Europe, Asia, and the United States. Since
1994, ITERA's main business activity has been natural gas. Starting
in 1998, ITERA Oil and Gas Company, within the ITERA International
Group of Companies, has been expanding its own gas production in the
Yamal-Nenets region of Russia and has invested over $2 billion into
infrastructure. Overall, over 250 billion cubic meters of gas were
produced at ITERA's gas fields. The total volume of gas sold by ITERA
has surpassed 600 billion cubic meters. ITERA's strategic business
developments are also reaching into development, biochemical, and
power generating segments.
The American division of the company, ITERA USA, was founded in 1992.
In addition to their work in the energy industry, ITERA USA has also
found success in timber, real estate, and more. ITERA always welcomes
new ideas, and strives to build bridges between peoples and cultures
through the implementation of quality energy solutions.
Dr. Lonya Finker
VP for Public Relations
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