Vladimir Potanin
FameRank: 3

"Vladimir Olegovich Potanin" is a Russian billionaire entrepreneur and Business oligarch/oligarch. He acquired his wealth notably through the controversial loans-for-shares program in Russia. He is one of the wealthiest men in Russia, with an estimated net worth of $12.7 billion (Forbes 2014). His long-term business partner was Mikhail Prokhorov until they decided to split in 2008. Subsequently, they put their mutual assets in a holding company, Folletina Trading, until their asset division was agreed upon.

More Vladimir Potanin on Wikipedia.

The group is going through a new phase of its development due to favorable market trends for various raw materials on which we specialize, which enables the company to expand its activities. The negotiations have not yet been finished, but we have entered into a dialog with our business partners and government officials.

With the aim of pursuing a significant investment, in early 2005 we began a nearly year-long review of the global fuel cell industry to identify what we believe to be the best companies in the industry. The result of this exhaustive industry review resulted in our approach to Plug Power and this transaction.