Pavel Fuks left the co-owners’ board of the shopping and entertainment center Respublika

Pavel Fuks left the co-owners’ board of the shopping and entertainment center Respublika

The owners of the shopping center, which is due to open next year, will remain Dmitry Firtash and Vitaly Khomutynnik

According to three sources of the newspaper NV Business, businessman Pavel Fuks is no longer the holder of a share in the shopping and entertainment center Respublika, which, according to their data, was 25%. This block of shares passed to Dmitry Firtash, who increased his stake from 50% to 75%.

The oligarch's partner is the ex-deputy from the Revival party Vitaly Khomutynnik. Together they are preparing to launch a shopping center with an area of ​​about 300 thousand square meters approximately in the second half of 2021.

The construction of the shopping and entertainment center Respublika, one of the largest shopping centers in the capital, began in 2012. The shopping center was built by Megapoliszhytlobud, which is associated with Dmitry Firtash. By 2015, the building of the shopping and entertainment center was 80% complete, and investments in the implementation of this project were estimated at $ 350 million.

The management of the shopping and entertainment center did not give any comments on Pavel Fuks leaving the ownership structure.

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