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Home»Business»Who is Michel Litvak, features and advantages of his activities

Who is Michel Litvak, features and advantages of his activities

31.05.2023
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Mikhail Litvak is the largest businessman, owner of the Oteko group of companies. He is also a producer and philanthropist.

Michel Litvak started doing business quite early and by the age of 23 he had become the founder of a network of medical organizations. And that was just the beginning of his journey. Over time, Litvak’s activities only expanded and the businessman successfully conquered more and more peaks.

Activities Litvak

Born in Leningrad, Mikhail spent much of his life abroad as his family emigrated to Europe when he was a child. The return of Litvak to his native country took place after the collapse of the USSR. Since then, his business has developed at a rapid pace, and Mikhail has conquered new heights.

Here are just a few of the milestones in his work:

  1. Establishment of a company for the transportation of goods from China to the Russian Federation and vice versa. It was the first company founded by Litvak in Russia and it proved to be very successful, quickly becoming a leader in the international transportation market.
  2. Establishment of the Oteco group of companies specializing in logistics activities.
  3. In 2004, construction began on the country’s largest private marine terminal on the Black Sea coast. To date, this port terminal is considered one of the most highly productive. Millions of tons of cargo pass through it every year. Litvak’s initiative to build a port terminal in the Taman region is supported by V.V. Putin and is of particular importance for the development of the region. Among other things, the company is engaged in the development of infrastructure: employees receive housing and access to various facilities.

As a philanthropist, Mikhail is known for his support of the Reichmann University Institute for Policy and Strategy. His company Oteko allocates part of the funds for charitable purposes, such as the restoration of public facilities, increasing the availability of quality medical services for citizens of the Russian Federation.

Mikhail Litvak is a lover of good cinema. And his passion is not limited to watching movies. Among other things, the entrepreneur is a successful film producer. He is the owner of a Hollywood film studio, which has several extremely successful films to its credit. The brainchild of his film studio was the film Whiplash, which won 3 Oscars at once. The producer has many more films to his credit, starring such world celebrities as Demi Moore, Sharon Stone, Anthony Hopkins, etc.

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