Becoming a Russian Oligarch After Rebirth
Chapter 988 - 894: Then Make Your Move

Chapter 988: Chapter 894: Then Make Your Move

In the days leading up to the end of December, Wang Ye tirelessly attended several board meetings of group companies.

Yukos Group, Russian Gas Industry Group, United Aviation Group, Russian Auto Group, Polar Bear Investment Company, Siberian Gold, Xiao Ying Group...

Of these, from Yukos Group, Wang Ye received an astonishing dividend of twenty-eight billion US dollars!

Russian Gas Industry Group paid a little less, and since his shareholding wasn’t large, he got only five billion US dollars.

Siberian Gold was mediocre, earning a dividend of nine billion US dollars.

Xiao Ying Group gave Wang Ye a surprise, with a profit of eighteen billion US dollars for the year 2004!

After all, in this group company, due to the existence of an exclusive gambling license, there was no competition, resulting in low investment and high revenue!

Furthermore, with the launch of the ultra-luxury cruise ship and several new tourist routes, the tourism market of many countries on the Eurasian Continent was tapped into, driving this year’s dramatic growth in Xiao Ying Group’s performance!

Although the overall scale of the group wasn’t large, it was indeed a rare cash cow, a real money tree!

During the board meeting, after consulting with Miss He and Constantin, Wang Ye planned to focus next year, that is, in 2005, on developing five-star hotel business and high-end shopping centers!

Gambling business is not about quantity but quality, and it has certain limitations. It’s good enough to manage well the existing three gambling centers and one luxury cruise ship.

But five-star hotels and luxury shopping malls definitely have near limitless market space and potential!

Moreover, Xiao Ying Group inherently had the hotel business in its DNA; the Xiao Ying Hotel in Moscow was originally a high-end hotel...

As for the luxury business, Nalan Yaqi’s project next to Xiao Ying Hotel is ready to open officially next year, which can serve as a pilot to see the effect.

If the results are good, expansion to Petersburg, Yalta, and even Kiev will be immediate.

In those cities, getting the land in desired locations is basically a matter of Wang Ye’s decision!

Five-star hotel businesses would be even easier. The group already owns several hotels that are open and under renovation. By simply elevating the service standards and renovating where needed, the job is done.

In the future, if Xiao Ying Group wants to tap into the Asian market, hotels and luxury shopping malls will be the true core business!

After thorough consideration, Wang Ye decided that Xiao Ying Group would not distribute dividends this year and would use all profits for business expansion.

Next year, they plan to build three new luxury shopping centers, located in Petersburg, Crimea, and Kiev respectively.

And upgrade all five hotels owned and under construction to five-star status!

Also acquire or build a new five-star hotel in Kiev.

If funds are insufficient, appropriate borrowing, financing, or even considering bringing in a new local shareholder from Ukraine can be options.

There is already a perfect candidate for this, Yulia, without a doubt...

Miss He and Constantin had no objections, fully supporting Wang Ye’s decision.

After rapid expansion next year, Xiao Ying Group will truly become a mammoth company in Eastern Europe, integrating gambling, accommodation, and shopping!

This fits perfectly with Wang Ye’s vision for the group company.

......

Apart from those few companies with generous dividends, the remaining ones like Polar Bear Investment, Russian Auto Group, United Airlines, and Crimea Investment are "troubled" companies.

There is not much to say about the two investment companies; they are different in nature and still require ongoing financial input from Wang Ye, far from the time to reap the rewards.

For now, Polar Bear Investment does not need additional funds since there are no worthwhile projects on the market that catch Wang Ye’s eye, and there is still plenty of capital left in the company’s accounts.

What they have to do is to keep track of the projects they have invested in and provide professional advice and services when Wang Ye is ready for new investments.

Crimea Investment is a major money sink, with an almost insatiable demand for funds!

After calculating his finances, Wang Ye realized he had a total of 48.5 billion US dollars in dividends this year. Of course, this money couldn’t go straight into his personal account, as that would incur too much tax!

He would let professional financial institutions allocate and invest all this money.

Of course, some of the investments will require cumbersome processes, circumventing certain regulations...

But Wang Ye doesn’t need to worry about that; why else would he employ so many people?

Leave the professional work to the professionals; he only needs to issue instructions.

After consideration, Wang Ye added ten billion US dollars to Crimea Investment and continued to invest twenty billion US dollars in Zhang Xiaoxi’s asset management company!

There was no choice; Zhang Xiaoxi was building large commercial complexes, which were definitely heavy-asset projects in need of enormous financial input!

Even if loans and financing could be negotiated with local financial institutions, it was crucial not to have too little own capital; otherwise, the risk would be high.

Thus, Wang Ye preferred to invest more and take fewer loans for a more secure approach.

Additionally, Wang Ye injected another 3.5 billion US dollars into Russian Auto Group for Kaja to use in building sales channels and for promotion and advertising purposes.

The remaining 15 billion US dollars also found a destination.

Wang Ye planned another big acquisition move!

If successful, his influence in the world’s energy field would grow significantly!