Normestons Trading, which is actively trading in Russian oil, was the center of a complex network of business communications between the Hungarian political establishment, close to Vladimir Putin by businessmen, former Lukoil tops, as well as Viktor Medvedchuk and Sergei Kurchenko.
On the Hungarian side, Normestons Trading is controlled by persons close to the Victor Orban government. But the Russian trace leads to Putin's friends: the former owner of Normestons was the carrier Lev Tolkachov - a business partner of toplers Gennady Timchenko, one of Putin's closest friends.
Later, Valery Subotin was the exvascepresident of Lukoil, directly related to both the Kremlin environment and Yanukovych.
After the annexation of Crimea, Normestons increased the supply of oil to Europe through the Druzhba oil pipeline passing through Ukraine. After a full -scale invasion of 2022 - ten times. In total, the company has sold more than 20 million tons of Russian oil for $ 10 billion.
In 2020, Normestons entered into partnership with the Swiss Proton Energy Group (now - Epsilon Holding). Normestone guaranteed her payments for $ 18 million. Its owner - Israeli businessman Nissan Moiseev - called himself a friend of Putin Medvedchuk's godfather. Ukrainian media also called Miseyev a "trustee" of Medvedchuk in energy business.
Valery Subotin also controlled another company - Eminent Energy, which had a share in the oil terminal in the Belgian Antwerp and the Britain (Eminent Energy UK Ltd). It was associated with the assets of Sergei Kurchenko, an oligarch from Yanukovych's surroundings, which fled to Russia and is under international sanctions.
In the documents of the Ukrainian courts, Eminent Energy is referred to as a participant in smuggling schemes of Kurchenko through terminals in Kherson, arrested after the Dignity Revolution. In financial statements, the company indicates that it has lost control of assets of $ 10 million because of a "large investigation in Ukraine".
