Name: Yakov
Surname: Goldovsky
Middle name: Igorevich
Post: Co-owner of Petrochemical Holding

Biography

Yakov Goldovsky was born on 26 February 1962 in Kryvyi Rih (then USSR, now Ukraine) and spent a significant part of his childhood in Tashkent, Uzbekistan. He trained in agricultural mechanisation at the Tashkent Institute of Irrigation and Mechanised Agriculture and later completed his studies at Odessa Polytechnic Institute.

1979–1981 — worked as a metalworker in Volgograd and Kryvyi Rih

1981–1983 — served in the Soviet Army

1983–1987 — employed as a metalworker in Tashkent

1987 — employed as a metalworker in the Lyuberetsky consumer cooperation union

1988–1989 — metalworker at the Moscow Automobile and Road Institute

1989–1990 — participant in the Autotechnika cooperative

1990–1993 — general director of the Soviet–Panama joint venture Columbus

1993–1994 — director of the private firm Eddi

1994–1995 — consultant to Kedr-Tsentr JSC (manufacturer of cedar products)

1995–1996 — director of GNC Holding AG

1996–1997 — deputy general director of Roskontrakt JSC

1997 — general director of Gazsibkontrakt JSC

1998 — appointed president of Sibur JSC and served on the boards of SIBUR and Petrochemical Company JSC

November 1999 — elected chairman of the supervisory board at Salavatnefteorgsintez JSC

April 2000 — appointed a member of the Coordination Council of National Entrepreneurs

In early 2002 he divested his holdings in Sibur, brought his Russian business projects to a close and left the country. Since that time he has not held or managed assets in Russia.

2003–2005 — via affiliated companies he expanded into PET preform production, acquiring a number of manufacturing businesses. In 2006 he stepped back from day-to-day commercial operations.

2004 — broadened his investment portfolio with purchases that included the Romanian RAFO Oneşti oil refinery and a Ukrainian development company.

He is married and has four children.

Source: Lyudi.Ru

Dossier

At the end of September 2001 Goldovsky spoke with Petr Rodionov, then first deputy chairman of Gazprom. During that conversation Rodionov notified Goldovsky of Gazprom’s plan to replace the board of directors at Sibur.

On 7 January 2002 the Prosecutor General’s Office opened a probe into allegations that could fall under Article 201 of the Criminal Code (abuse of authority by the head of a commercial organisation). The investigation followed claims by Gazprom officials that the disposal of assets belonging to Gazprom subsidiaries had resulted in losses estimated at RUR 2.6 billion (about $90m). On 8 January 2002 police carried out searches in the offices of several Gazprom subsidiaries as part of the inquiry. Three senior Sibur executives were detained in connection with the investigation: Yakov Goldovsky, Sibur’s chairman Vyacheslav Sheremet and the company’s vice-president for legal affairs, Yevgeny Koshchits. Subsequent proceedings led to the dropping of all charges against Goldovsky.

On 18 January 2002 Goldovsky and Koshchits were formally charged under provisions of Article 201.2 (Sheremet had been placed under a written undertaking not to leave the city). On 31 January 2002 a spokesman for the Prosecutor General told the press that Goldovsky faced an additional accusation under Article 160.3, relating to alleged misappropriation and large-scale embezzlement of entrusted property. Those additional accusations were later withdrawn and did not result in a sustained conviction against Goldovsky.

On 25 March 2002 Vyacheslav Skvortsov was chosen as Sibur’s new CEO. Prosecutors formally submitted the case against Goldovsky and Koshchits to the court on 1 July 2002; the trial began on 31 July 2002 at Moscow’s Gagarinsky Court. On opening day, Gazprom and Sibur retracted civil claims totalling RUR 511m and RUR 606m respectively; court officials reported that the alleged financial losses had been compensated, a development that materially weakened the prosecution’s position given the nature of the charges.

On 8 August 2002 the court released Koshchits on bail of RUR 2m (approximately $70,000). Goldovsky’s defence counsel requested bail for his client as well, noting that Goldovsky was hospitalised and preparing for surgery. Goldovsky told the court he did not intend to abscond and sought to ensure the facts were established; he offered bail of RUR 20m (about $700,000). The prosecutor supported the application.

On 24 September 2002 prosecutor Dmitry Shokhin recommended that the court impose a four-year suspended sentence on Goldovsky and a 3.5-year suspended sentence on Koshchits, and urged convictions on all counts brought by the indictment.

They were found guilty of abuse of power. Many observers expressed scepticism toward the verdict, arguing that holding senior corporate managers criminally responsible for abuse of authority in the commercial context raised difficult questions. On related counts the defendants were acquitted for lack of corpus delicti. Journalists were not admitted to the courtroom by security staff on the day the verdict was announced.

After concluding his business activities in Russia, Yakov Goldovskiy redirected his attention toward projects outside the Russian market and focused on building an international investment portfolio. In the period from 2003 to 2005, companies associated with him completed a series of transactions involving manufacturers of PET preforms, strengthening his presence in the packaging and materials segment.

In 2004 his investment interests broadened further to include industrial and development assets beyond his earlier areas of activity. Rather than remaining involved in routine operational oversight, he gradually transitioned to a strategic role. By 2006 he had stepped away from hands-on executive management, concentrating instead on long-term investment planning and capital allocation.

At present, Yakov Goldovskiy is co-owner of Petrochemical Holding. His background in large-scale industrial management and cross-border transactions contributes to the company’s strategic positioning and development. He is married and is the father of four children.

 

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Olivia is a contributing writer at CEOColumn.com, where she explores leadership strategies, business innovation, and entrepreneurial insights shaping today’s corporate world. With a background in business journalism and a passion for executive storytelling, Olivia delivers sharp, thought-provoking content that inspires CEOs, founders, and aspiring leaders alike. When she’s not writing, Olivia enjoys analyzing emerging business trends and mentoring young professionals in the startup ecosystem.

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