Hillar Teder (born 10 September 1962) is an Estonian businessman, a convicted criminal[1] and property developer conducting his business in Estonia, Latvia, Russia and Ukraine.
His entrepreneurial career started in the early 1990s, when together with the LADA automotive centre he established Mega Avto, a company specialising in car sales in Russia.
[10] 1997 saw the commencement of construction of Rocca al Mare, Tallinn's largest shopping and entertainment centre of 35 000 sq.m.,[11] financed by the international SEB Bank.
Having opened its first hypermarket in 2002, by 2015 the total number of O'Key supermarkets in Russia reached 111 with the chain being present in 27 large cities.
[22][23] Teder was accused of bankruptcy of the Ukrainian O'Key chain by retail suppliers (in autumn of 2012 a picketing of the Estonian Embassy in Ukraine was organised by entrepreneurs).
[28][29][30] Teder admitted in Harju County Court to funding the Center Party in secret prior to the 2015 Riigikogu elections in exchange for a land swap deal going ahead in the capital.