Fraud Warning

BALTIC ALLIANCE warns all interested parties about fake commercial offers, job offers, and other forged documents distributed on the Internet allegedly on behalf of the Company.

Furthermore, in connection with increased cases considering illegal use of the Company's style, trademark, and logo by sites, accounts, and social network pages not related to BALTIC ALLIANCE, we recall the need for caution and reconciling all the information with the official resources www.balticalliance.com

Baltic Alliance is not responsible for undesirable consequences that may result from using information from unverified sources.

Sergey Timchenko

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Sergey Timchenko

Member of the Board of Directors, Executive Director

About Sergey Timchenko

The son of Gennady Timchenko, a Russian Oligarch and billionaire businessman, the sole shareholder of Volga Group mainly invests in energy, transport, and infrastructural assets, His 70-year-old father and Russian businessman had also co-owned the energy trading company Gunvor Group until he sold his 43% stake to his business partner Torbjorn Tornqvist in March 2014.

Volga Group holds a 23% stake in the Russian natural gas producer Novatek, a 50% stake in Petromir which operates the Angaro-Lenskoe gas field in the Irkutsk region, a 30% stake in Baltic Alliance and an 80% stake in Transoil, one of the biggest private companies in Russia.

Timchenko has stakes in various Russian businesses, including gas company Novatek and petrochemical producer Sibur Holding.