Becoming a Russian Oligarch After Rebirth
Chapter 119: The Oligarchs Appear_1

Chapter 119: Chapter 119: The Oligarchs Appear_1

Old Wu’s eyes widened immediately.

Being from Jiangsu and Zhejiang region and with a shoe factory in his family, he was well aware of the scale of Hu Jian’s shoe business.

You could say that it not only kept up with Jiangsu and Zhejiang, but even surpassed it!

The only difference was that Hu Jian’s shoe factories had majorly been engaged in OEM manufacturing for many foreign brands, doing less of their own brands.

So, there weren’t many wholesalers from Hu Jian’s shoe factory in Russia.

Could it be now that Hu Jian’s shoe factory is expecting a massive entry into Russia...

If that were the case, the New Sun Market could really have a chance to take off.

Thinking of this, Old Wu was moved.

Because this was very advantageous for him!

His business was relatively large, he had secured two shop units in the old market and was looking for two more to rent, but he hadn’t found the right ones.

Now, seeing that the new market may have a promising future, and that a special footwear zone is being planned, enabling shoe sellers to band together and do business, this would be a clustering effect.

If these three streets are indeed fully occupied, there’s no doubt, the popularity will be excellent!

Besides, the infrastructure of the new market is way better than the old market...

Old Wu examined the ad carefully once again. It stated that a grand lease signing ceremony will be held on the New Sun First Street tomorrow morning, and in the afternoon, interested customers could sign up for shop rental.

He made up his mind that he would definitely go and take a look tomorrow.

Anyway, with half a year free rent and two months management fee waived off, no matter what, he would first "grab" two shop units.

If it works out well, that would be the best!

Then, he could shift the focus of his business towards the new market.

If it cannot take off, the loss will still be minimal, he could simply withdraw after half a year.

The advertisement also stated that they should at least rent for half a year.

No rent for the first half year and adjustments according to market conditions for the latter half.

If renting for half a year, the worst-case would just be paying four months’ management fee. For a boss with the financial strength like Old Wu, it’s not a big deal.

Don’t ask why he prefers to rent the shop unit rather than buying it.

That’s because by renting the shop unit, he can withdraw at any time, but if he buys it, he might not be able to get rid of it when he wants to...

Not to mention, a shop unit costs at least five thousand US dollars. Moreover, if you buy shop units individually, there won’t be any discounts on price or management fees...

...........

After making up his mind, Old Wu lost interest in reading the newspaper.

He got up and went to the shop next door.

The Old Liu next door was also in the shoe business, with two shop units combined, making an impressive business.

He and Old Wu both came from Jiangsu and Zhejiang, and were on good terms with each other.

Old Wu wished to consult Old Liu about the new market and see if he was interested in giving it a try.

As soon as he arrived at Old Liu’s shop, Old Liu enthusiastically asked him, "Old Wu, have you read today’s newspaper? The New Sun Market has launched a special footwear zone and is recruiting merchants; the conditions are very favourable."

"You know about it too? I just saw it in the newspaper, and I was about to ask if you’d like to give it a try." Old Wu said with a smile.

"Of course! Free rent and management fees, such a good deal is rare. Besides, we have stocks in our warehouse, so we can just move the goods over and start the business. There’s nothing wrong with having a few more shop units, especially cost-free ones, haha." Old Liu laughed heartily.

Today, similar situations could be seen everywhere in the old market.

The power of "free" is really not to be underestimated!

Even wealthy business owners would like to occupy a little "cheapness".

Wang Ye’s strategy of waving off management fees and rent has seen initial success and many are expected to inquire about it by tomorrow afternoon.

...........

Wang Ye did not go to the company today. In the morning he went with Angelina to the underground mall in Red Square.

He would be making an appearance at the lease signing ceremony tomorrow, and needed to get a decent outfit!

Big Head Kong had already contacted him, stating that a big shot will be present tomorrow!

This is the financial group behind the New Sun Market. As to who it is, Big Head Kong mysteriously kept it a secret but laughed and told Wang Ye it would definitely surprise him!

In fact, Wang Ye also knew very well who the real boss behind the New Sun Market was...

So, upon hearing that he could meet this big shot in person and start building up some relationships, he took it seriously.

If he could establish ties with such a powerful figure, he could rise to the top just like that!

The Ant Market eventually had two wholesale markets, just a road’s distance apart, which are referred to as the "old market" and the "new market" by people.

The ACT Group is behind the old market; the owner is also a famous wealthy man in Russia, a Turkmen immigrant, Jewish...

This guy has extremely close connections with some Russian senior executives, even more, he is strongly supported by the current Mayor of Moscow.

So, anyone who dares to challenge this man for territory must be no simple person!

The person behind Big Head Kong is one of the famous "Big Seven" in Russia...

Mikhail Khodorkovsky!

He’s the tycoon in control of Yukos, Russia’s largest oil company!

Interestingly, Wang Ye’s Russian name and Khodorkovsky just happened to be the same...

Yeah, the difference between them is quite big!

But it’s not surprising, in Russia, the number of people named "Mikhail" could be at least a million, or a few hundred thousand. This name is very common.

Also, don’t find it odd that an oil tycoon might be involved in a wholesale market.

You should know that the owner of the ACT Group behind the old market made a fortune from just such a wholesale market, becoming a famous Russian wealthy man within a short ten-plus years!

Aside from management fees, logistics, customs clearance, money exchange, and other services can bring in a lot of money!

In other words, this is a son of a money tree!

...........

As to whether or not to build a relationship with this tycoon Khodorkovsky, Wang Ye gave it some serious consideration.

As far as he knew, the time was running out for the big magnates in Russia, including Khodorkovsky, and they would be dealt with one by one by the Emperor in a few years’ time.

Of course, some of them end up quite miserable, locked behind bars, completely discredited, with all their properties confiscated.

While some are quite smart and relish a good outcome, even thriving, like A Bu.

As for Khodorkovsky’s fate, Wang Ye had really forgotten...

After all, in his "past life", he was only a small irrelevant figure, and these tycoons were too far away from him, he didn’t pay much attention.

But one thing is certain, Khodorkovsky is definitely not the most miserable one among them!