The company of former Culture Minister Abulfas Garayev, operating in Russia, earned 103,671,000 rubles ($1,382,000) last year.
According to Yeniаvaz.com, in May 2023, Abulfas Garayev became one of two founders of the company "Corporation CHE" (TIN: 7725322819) in Russia, acquiring a 50% stake.
The other founder of "Corporation CHE" is Abulfas Garayev's business partner, Russian citizen Alexander Nikolaevich Levkovich. The share of both founders in the company's authorized capital is 10,000 rubles.
It should be noted that the company "Corporation CHE" was registered in the state register on July 11, 2016. After Abulfas Garayev acquired a 50% stake in the company, the legal address was changed to Dnepropetrovsk, Building 3, Apartment 5, Apartment 3/1, Moscow.
The company's activities include wholesale trade in fish, crustaceans, mollusks, and other food products.
For information, the total revenue of the company "Corporation CHE" in 2024 was 146 million 636 thousand rubles (US$1 million 585 thousand). A year earlier, in 2023, the company's revenue was 106 million 521 thousand rubles, and in 2022, only 554 thousand rubles. As can be seen from the figures, after Abulfas Garayev acquired a 50% stake in the company, revenue increased 192-fold.
It should also be noted that the company's revenue has decreased compared to 2024.
It should be noted that Suad Maleki (Garaeva), the daughter of Abulfas Garayev, who served as minister for 26 years from 1994 to 2020, has also been engaged in entrepreneurial activity in Russia for many years.
The company "GALS," of which Suad Maleki is the sole founder, was registered in Moscow on July 5, 2013, at 7 Tatar Street. The company is engaged in the purchase and sale of real estate.
According to information published in the media, "GALS" is an acronym combining the initials of the former minister and his family members (Garayev, Abulfas, Lala (wife), and Suad (daughter)). Last year, GALS's revenue amounted to 8.01 million rubles ($106,800), and net profit was 7,474,000 rubles ($99,600).
Elnur Ali
