Yaroslavsky's group gained almost complete control over Sukhoi Balka

A group of shareholders of the mining company Sukhaya Balka, led by businessman Alexander Yaroslavsky, consolidated their shares into a dominant controlling stake of 99.7% of shares.

This is reported in the SMIDA information disclosure system, reports Liga.net .

The agreement was finalized on June 10, 2025 on the basis of a joint activity agreement between the consortium members.

According to the law, the owner of the dominant controlling stake has the right to send a public irrevocable demand for the repurchase of shares from all minority shareholders.

Alexander Yaroslavsky (resident of London) controls the largest share in the new ownership structure – 77.69% of shares. Other participants in the transaction: Artem Alexandrov – 15.22%, Alexander Cherny – 2%, Motor Development Group LLC (beneficiary – Gennady Piontkovsky) – 4.8% and PJSC Smart Capital (beneficiary – Alexander Yaroslavsky) - 0.29%.

The authorized representative of the group is Artem Alexandrov, who will represent the interests of all participants of the consortium.