Becoming a Russian Oligarch After Rebirth
Chapter 453: Forced to Be the Chairman_1

Chapter 453: Chapter 453: Forced to Be the Chairman_1

Wang Ye took a sharp intake of breath at those words.

All these jumbled up design offices, most of them must be close to bankrupt, right?

A bunch of companies on the verge of bankruptcy, even if lumped together into one conglomerate, what good would that do?

You have to understand, without orders or business, and so many employees to keep afloat, this is more than the average person can handle!

Now, this "wonderful opportunity" has fallen onto his shoulders...

Wang Ye immediately shook his head, adamantly saying, "That won’t do, I really can’t handle this, chairman, you should find a more experienced committee member to take up the position of chairman."

Upon hearing Wang Ye’s words, Chairman Grezlov’s face turned stern, "This is a task assigned by the organization! How can a young person be afraid of difficulty? What you need to do is to face the challenge, bring your initiative into play and help the country overcome difficulty!"

These words left Wang Ye a bit dazed, as if he had been transported back to his high school political science class....

Before he could think of a good excuse to keep shirking his responsibility, Grezlov’s face softened.

He said kindly, "Of course, this matter is indeed very tricky, and achieving an ideal outcome is even harder. But we will all help you, and won’t let you fight alone. Besides, your proposal is also okay. At the next Dumah general meeting, I will push for relevant legislation to protect your automobile and chip industries."

Wang Ye finally understood. The old bloke Grezlov was using both the carrot and the stick with him!

He’s being pressured into taking the position of chairman of that United Aircraft Manufacturing Group Company.

He even brought up pushing for legislation to support the automobile and chip industries as a bargaining chip...

It seems that if he doesn’t agree, it really won’t do.

He furrowed his brow, considering whether accepting this assignment would be to his advantage or disadvantage.

As for this United Aircraft Manufacturing Group Company, Wang Ye had no recollection of it "in his previous life", as he had never paid attention to these things.

Therefore, he didn’t know what fate the conglomerate met.

...

There should be advantages.

Just listening to the long list of design bureaus and airplane manufacturers that Grezlov rattled off, showed that this United Aviation Group, would possibly be Russia’s largest, even the only, aviation group that integrates design and manufacturing in the future.

Most importantly, this aviation group not only manufactures civil aircraft, but also produces fighter jets, and even bombers...

So, in being the head of this aviation group company, he should be able to build connections with the military, right?

If he were lucky enough to revive this group company and make a profit, the power in his hands would surely soar immensely.

As for the downsides, they were glaringly clear.

The fact that this chairman position has been vacated from last year till now, and nobody is rushing to take it, shows that it’s no ordinary challenge.

However...

For others, this task might be insurmountable, that’s because they neither have the money nor can find enough money to support so many factories and workers!

But it’s different for Wang Ye. To exaggerate a bit, as long as it’s a problem that can be solved with money, it isn’t a problem at all for him!

So, this task, which others find grueling, might turn out to be a wonderful opportunity for Wang Ye once he takes it on.

After carefully considering the pros and cons, Wang Ye gritted his teeth and said, "Fine then, since everyone has this much faith in me, I’ll give it a try."

A bright smile burst forth on Grezlov’s face. He smacked the table with a "thump" and said enthusiastically: "That’s the right mindset! With work, there will always be obstacles, but you just can’t shy away from tackling them, especially when you’re as competent as you, Misha, you should dare to take on important tasks! Only in this way, can you undertake even more important tasks in the future."

The meeting room was filled with sounds of praise, and the committee members were brimming with enthusiasm, lavishing Wang Ye with compliments.

Only Wang Ye, sat there with a gloomy face, not at all like someone who had just taken over a large conglomerate.

...

After the meeting, Grezlov made a special request for Wang Ye to stay back for a private chat.

When the other committee members had left, only the two of them remained in the meeting room. Grezlov instructed the secretary to bring two cups of hot coffee and then waved her away, shutting the door behind her.

"Misha, don’t feel any pressure. Letting you take up the position as chairman of United Aircraft Manufacturing Group Company isn’t a bad thing for you. If you can make this company flourish, it would bring you massive political resources. You certainly don’t need me to tell you that. And you happen to possess the advantage to do so..."

Wang Ye gave a wry smile and nodded. What advantage? They just want his money.

Obviously, the government will give some grant at the initial stage of the group’s establishment, but that’s just a drop in the ocean, something he can’t rely on.

He needs to invest his own money!

With continuous capital investment, coupled with strong technical reserves and solid foundation, this conglomerate could indeed be built up.

This is Grezlov’s so-called advantage for him.

"I don’t mind investing money in it, but I need some sort of title. I can’t invest money in a state-owned enterprise under my own name," Wang Ye said helplessly, spreading his hands.

Grezlov pointed at him, chuckling and chiding, "You slippery devil, don’t beat around the bush with me. Of course, we can’t let you cough up money for nothing. The Group Company is currently valued at 1 billion US dollars. Depending on how much capital you’re willing to invest, you can take that proportion of the shares. However, the state must hold at least 51%, that’s a bottom line!"

Wang Ye figured it out. A group company, formed from so many illustrious design offices and aircraft manufacturers, valued at 1 billion US dollars, that’s incredibly cheap!

He could invest several hundred million dollars and take 49% of the shares, which would be extremely worthwhile.

Of course, this kind of "investment opportunity" only appeared after he had titles like "Duma Member, Economic Committee Member"...

Because he has now entered the core power layer, he was "Davarich"!

As for why the state must hold a minimum of 51%, Wang Ye didn’t even ask. A group company capable of producing fighter jets and bombers, how could they possibly allow him to have private control over it...

"Alright, then I’ll wait for the appointment letter, inspect this United Aircraft Manufacturing Group Company and see how much investment it takes to revive it. By the way, Mr. Chairman, don’t forget you promised to push for support policies for the automobile and chip industries. If those two industries can flourish, it would definitely benefit the national economy." Wang Ye reminded anxiously.