Antonov´s SNORAS bank gets state control

Somewhat disturbing news this morning. The lithuanian bank SNORAS owned to approx. 67% of Vladimir Antonov is being legally controlled by the countrys government.
According to Bloomberg Businessweek here is the link: http://www.businessweek.com/news/2011-11-17/lithuania-seeks-missing-assets-in-takeover-of-fifth-biggest-bank.html
You might remember SNORAS was a big sponsor for the SaabsUnited Historic Rally Team last year

Tomek
Member

I don’t urdenstand is he Russian making business in Lithuania, or Lithuanian of Russian origin? Why has he problem in Lithuania?

ivo 71
Member

Vladimir Antonov, a Russian banker, is the major shareholder of the Moscow-based Convers bank group, which owns a controlling interest in the Lithuanian bank Bankas Snoras. Snoras, in turn, controls a number of other banking institutions in the Baltic region, as listed in the linked article in Business Week.

Ivo

paddan
Member

Really doesn’t matter now. Antonov is out of the picture and this is moot.

paddan
Member

PS – love that 99T!

spacy
Guest

.
Seems this topic is being discussed off topic, in ”Around Saab Snippets”.

My only comment ob this subject, is:All the no,not AV campainiers will now be saying ”Told you so”……………..

Jonas Axelsson
Member

I wish they would report with equal zeal on companies like Koenigsegg to perhaps stir some of those embers. Yes, that is what I really would like to see. A Swedish car, made in Sweden, designed and built by Swedes with the profits coming back to Stockholm.

It’s like with food. If I want good Italian, I go to an Italian restaurant run by folks from Italy.

How about reporting on some of the other potential suitors, or is this a one-way-street where all thing lead to Vladimir?

Jonas Axelsson
Member

How is his father doing? (duck and run) 🙂 🙂

Hey, he got very lucky didn’t he? Very lucky indeed. :0

wpDiscuz

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