In 2010, he was dismissed by President Dmitry Medvedev amidst still unproven accusations of corruption and mismanagement voiced on state run television.
[9] Luzhkov also claimed that the Russian authorities were planning to break up Baturina's business empire and that the couple would fight the attempt: "We will not give up.
[9] In September 2009, The Sunday Times erroneously stated that Witanhurst, a large house in Highgate, North London, had been bought by Baturina, via an offshore front company.
[16] In 2005, Inteco sold its cement works for estimated US$800 000 to Eurocement Group in order to consolidate financial and administrative recourses that the company needed for the implementation of perspective construction programs.
[17] In 2006, Baturina was appointed Deputy Head for the inter-ministerial group under the national project "Affordable and Comfortable Housing for Russian citizens".
[18][19] Shortly afterwards, Inteco sold DSK-3, a producer of prefabricated buildings, as well and fully concentrated on the construction of monolithic housing and commercial real estate.
[20] Part of the proceeds from the sale of these assets were directed by Baturina to buying some high-yield "blue chips" of the largest Russian companies such as Gazprom and Sberbank.
Inteco Group also included Russian Zemelny Bank and trading house Moscow River involved in the supply of grain.
[24] In 2009, the company begins cooperating with an outstanding Spanish architect Ricardo Bofill as part of the programme aimed at creating fundamentally new systems for mass housing in Russia.
[30] The exact amount of the transaction was never disclosed, but the report of Sberbank stated that according to the experts that participated in the preparation of the deal, the market value of Inteco, its projects and structures was around 1.2 billion dollars.
In 2009, the hotel achieved honorary status as the "Home of Laureus" in Austria, and became the official venue for the annual ceremony of the prestigious international award that those in the field call the "Oscar" of sports journalism.
[citation needed] Quisisana Palace is a restored 19th-century building turned boutique hotel with 19 guest rooms and suites, a restaurant and a wellness centre.
These are Ireland - United Kingdom, Northern Italy - Austria - Germany, the Baltic States - Russia - Kazakhstan," Baturina said in her interview to "Sobesednik".
[44][45][46] In autumn 2015, Baturina's structures became a strategic investor of Hightex GmbH, a global membrane construction company based in Rimsting, Germany.
[58][59] According to leaked diplomatic cables, the US ambassador to Russia, John Beyrle, reported allegations that Baturina had links to major criminal groups, particularly Solntsevskaya Bratva.
[60] The full text of the cable makes clear that Mr Beyrle is simply repeating gossip and allegations conveyed to him by journalist Sergei Kanev.
Beyrle also suggested that much of Luzhkov's business empire had been acquired using municipal finances to invest in "less than transparent" projects with former Soviet republics.
[60] Elena Baturina has been involved in local and international charities since 1990s.The main focus of her charitable projects is transforming the world and society for the better, based on the principles of sustainability, design-thinking, and investing into the creative mind power of the next generation.
BE OPEN is a Switzerland-registered “cultural and social initiative which aims to become a bridge between the great minds of our time, and the promising new minds of the next generation through a system of conferences, competitions, exhibitions, master classes and art events.”[62] BE OPEN has been actively cooperating with the world renown designers, international brands, educational and cultural institutions, and state bodies, i.e. the Government of India, Greater London Authority, the Municipality of Milan, the EXPO Universal Exposition, and many others.
[63] Mrs Baturina also serves as vice-president for Maggie’s, a UK-based charity that offers free practical, emotional and social support to people with cancer.
BE OPEN is a cultural and social initiative set up in 2012, and funded by Elena Baturina with the “aim to harness the brainpower of creative leaders through a system of conferences, competitions, exhibitions, master classes and art events.”[64] “A long-term, international, multidisciplinary, multi-faceted project, BE OPEN is committed to becoming a bridge between the great minds of our time – philosophers, sociologists, designers, architects, artists, publishers, writers, businessmen and opinion leaders — and the promising new minds of the next generation.
It also strives to help leading contemporary thinkers and creatives meet up with those in the media and business, discuss their ideas and visions and ultimately make change happen.”[65] The foundation was launched at Milan Design Week 2012.
[68] In 2014, with support from the Government and ministries of India, BE OPEN created an important exhibition of works by promising local designers in Delhi to encourage artisans to explore alternative ways of using traditional skills and keeping them alive.
[72][73] BE OPEN's every ‘public appearance’ is a multi-faceted event that features celebration of winners of dedicated student competitions with expositions and awards ceremonies.
In November 2010, Luzhkov gave an interview to the Telegraph newspaper stating that the couple were sending their daughters to study in London to protect them from possible persecution by the Russian authorities.
[88] In May 2021, Viktor Baturin, his financial director and his representatives have lost their final case in a series of litigations in the Tverskoy District Court of Moscow.
[100][1] In 2020, Forbes announced that Baturina's position as the richest woman in Russia was overtaken by Tatyana Bakalchuk, the founder of Wildberries, with a net worth of $1.4 billion.
[103] According to magazine Finans, her wealth fell during the credit crunch to just US$1 billion in February 2009, causing her to ask the Russian government for a bailout for Inteko.
[1] In the noughties, Baturina owned hotels in the Black Sea tourist resort of Sochi, over 72,000 hectares of agricultural land in the Belgorod Oblast and also a factory that produces a million cans of sweetened condensed milk each year.
[92] In 2011, Baturina won a lawsuit against the British newspaper "The Sunday Times", which attributed to the Russian businesswoman the acquisition of Witanhurst estate in London, which is the second value after Buckingham Palace.