OW Capital Management: full relationship evidence register

attributedStanislav Dzhakhparovich Gamzalov — OW Capital Management GmbH. Capacity: Sole shareholder (100%). Period: Sole-shareholder entry from 28 May 2008; retained record in October 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance. A separate record’s 14 April 2006 legal-form date is not silently substituted for the July registration date. Changes of address and personal name in the filing history do not establish changes of ownership. The identically named German company with Munich number HRB 138024 is a separate entity. The subject is Austrian even though its shareholder and many industrial interests are connected to Russia.

attributedStanislav Dzhakhparovich Gamzalov — Negocianttrans LLC. Capacity: Holder of 50%. Period: 50% participant from 16 July 2024 in the retained register.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedStanislav Dzhakhparovich Gamzalov — SK Khiminvest LLC (OGRN 1057746838973). Capacity: Historic registered participant. Period: Recorded from 2005-05-05; entity ceased 10 November 2009; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — SK Khiminvest LLC (OGRN 1057746838973). Capacity: Historic registered participant. Period: Historical capacity; entity ceased 10 November 2009; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Trading House RusUkrVagon CJSC. Capacity: Historic founder; recorded contribution RUB 3 million. Period: Historical capacity; entity ceased 17 May 2010; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Ural Railway Company CJSC. Capacity: Historic founder; recorded contribution RUB 140,000. Period: Historical capacity; entity ceased 2 November 2012; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Tyubing Centrolit LLC. Capacity: Historic founder; reported 34.999%. Period: Source recorded 2024-12-12; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedIrina Vyacheslavovna Gamzalova — Negocianttrans LLC. Capacity: Holder of 50%. Period: 50% participant from 10 February 2014 in the retained register.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Small balances and a director’s many appointments do not prove illicit activity or a nominee arrangement. In Russia, the retained records identify Irina as general director of New Investments and Negocianttrans. Negocianttrans’s two reported 50% participants are Irina and Stanislav, the latter from July 2024. Those corporate capacities can be presented without residential addresses, personal tax identifiers or assumptions about family relationships.

attributedIrina Vyacheslavovna Gamzalova — Metpromgrupp CJSC (ceased 2015). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedIrina Vyacheslavovna Gamzalova — Khimresurs Plus CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 28 December 2023; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Zavod Metallokonstruktsy JSC (ZMK). Capacity: Controlling person; 87.8265% total-capital interest reported for the 2020 transaction. Period: Related-party transaction disclosure dated 16 November 2020.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The historical portfolio is not a current ownership certificate. ZMK’s total-capital percentage and the 17,333 of 17,947 ordinary voting shares described by the Russian court use different denominators. The 2020 related-party disclosure’s 87.8265% concerns the controlling individual at the transaction date, not necessarily OW’s direct fraction. A 2012 proposal referred to 25% plus one KVBZ share; the later confiscation identifies exactly 28,669,889 shares as 25%.

attributedOW Capital Management GmbH — Kryukiv Railway Car Building Works (KVBZ). Capacity: Historic holder of the 25% KVBZ stake. Period: 25% acquired in 2012; confiscation effective 27 January 2026 and register transfer reported 17 April 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The ruling is a sanctions confiscation decision, not a criminal conviction. The personal name is redacted in the official judgment; the unique OW identity, ownership and issuer records support the corporate chain without publishing private identifiers. Registry history entries from earlier years cannot postpone or erase the documented 2026 transfer.

response

The court records that the individual did not appear and provided no substantive response. OW also did not appear or supply substantive explanations; the court considered its notice through published notices adequate. The KVBZ representative supported the ministry’s claim despite the company’s formal third-party alignment on the defendant’s side. Nonappearance is not an admission.

outcome

The April issuer disclosure supplies the completed transfer, beyond the January ruling alone. A separate 7 April order lifted the earlier arrest of the 25% stake and took effect on 14 April. The historical OW–KVBZ ownership edges therefore end with the 2026 confiscation and recorded transfer.

attributedOW Capital Management GmbH — Zavod Metallokonstruktsy JSC (ZMK). Capacity: Holder of more than 70% of voting rights through the documented shareholding. Period: Court reconstruction of the 2024–2025 position, decided January 2026; later ownership not reconstructed here.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The historical portfolio is not a current ownership certificate. ZMK’s total-capital percentage and the 17,333 of 17,947 ordinary voting shares described by the Russian court use different denominators. The 2020 related-party disclosure’s 87.8265% concerns the controlling individual at the transaction date, not necessarily OW’s direct fraction. A 2012 proposal referred to 25% plus one KVBZ share; the later confiscation identifies exactly 28,669,889 shares as 25%.

attributedOW Capital Management GmbH — ENA JSC. Capacity: Holder of 96.17%. Period: Court reconstruction of the 2024–2025 position, decided January 2026; later ownership not reconstructed here.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The historical portfolio is not a current ownership certificate. ZMK’s total-capital percentage and the 17,333 of 17,947 ordinary voting shares described by the Russian court use different denominators. The 2020 related-party disclosure’s 87.8265% concerns the controlling individual at the transaction date, not necessarily OW’s direct fraction. A 2012 proposal referred to 25% plus one KVBZ share; the later confiscation identifies exactly 28,669,889 shares as 25%.

attributedOW Capital Management GmbH — Balakovo-Centrolit JSC. Capacity: Holder of 50% of Balakovo-Centrolit shares. Period: Court reconstruction of the 2024–2025 position, decided January 2026; later ownership not reconstructed here.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The total multi-lender balance is not wholly an OW loan. A debt assignment is different from equity ownership. Press accounts describing Gamzalov’s wider control of Balakovo industrial plants do not supply a complete present direct share register for VSZ. Nikita Mishin’s successive executive roles at VSZ and Balakovo-Centrolit are dated offices, not personal ownership.

attributedStanislav Dzhakhparovich Gamzalov — Inter Cargo Company JSC (IKK). Capacity: Controlling beneficiary and executive identified in the court record. Period: Court reconstruction of the 2024–2025 position, decided January 2026; later ownership not reconstructed here.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedIrina Vyacheslavovna Gamzalova — Metpromgrupp CJSC (ceased 2015). Capacity: Historic founder; recorded contribution RUB 225,000. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedIrina Vyacheslavovna Gamzalova — Khimresurs Plus CJSC. Capacity: Historic founder; recorded contribution RUB 285,000. Period: Historical capacity; entity ceased 28 December 2023; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedIrina Vyacheslavovna Gamzalova — Elit-Trans LLC. Capacity: Former 50% participant. Period: Former 50% participation; register replacement recorded 27 June 2017.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStolbun Maksim Leonidovich — Privolzhsky Testing Centre LLC. Capacity: Founder; recorded contribution RUB 2,500. Period: Source recorded 2024-12-11; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Employment, board membership and professional services do not transfer an enterprise’s conduct to every professional. No claim is made that the audit engagement verified every transaction or excluded fraud. The Hungarian manager’s abbreviated name remains distinct from the full-name ZMK person until exact identity evidence resolves it. Personal biographies and unrelated clients are not treated as ownership evidence.

attributedOW Capital Management GmbH — MASZ Csoport Kft. (formerly BEHAN). Capacity: Historical 74.8% investment in the former BEHAN company. Period: Portfolio description based on the 2016 balance sheet; current position requires separate evidence.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedOW Capital Management GmbH — ENA JSC. Capacity: Holder of 96.17%. Period: Portfolio description based on the 2016 balance sheet; current position requires separate evidence.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedOW Capital Management GmbH — Balakovo-Centrolit JSC. Capacity: Holder of 50% of Balakovo-Centrolit shares. Period: Portfolio description based on the 2016 balance sheet; current position requires separate evidence.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedOW Capital Management GmbH — Zavod Metallokonstruktsy JSC (ZMK). Capacity: Historical 72.435% total-capital investment. Period: Portfolio description based on the 2016 balance sheet; current position requires separate evidence.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedVolodymyr Ivanovych Prykhodko — Kryukiv Railway Car Building Works (KVBZ). Capacity: Reported indirect beneficiary; 34.37%. Period: Source recorded 2026-10-09; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedNataliia Viktorivna Prykhodko — Kryukiv Railway Car Building Works (KVBZ). Capacity: Reported indirect beneficiary; 34.37%. Period: Source recorded 2026-10-09; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedStanislav Dzhakhparovich Gamzalov — Trading House RusUkrVagon CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 17 May 2010; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Ural Railway Company CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 2 November 2012; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Metpromgrupp CJSC (ceased 2015). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedSavin Evgeniy Aleksandrovich — Metpromgrupp CJSC (ceased 2015). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Engels Locomotive Plant JSC (old ELZ). Capacity: Reported historical controlling interest in ELZ. Period: Historical position described in retained proceedings; old ELZ liquidated 15 July 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedStanislav Dzhakhparovich Gamzalov — OW Capital Management GmbH. Capacity: Controller of the company that held the historic KVBZ interest. Period: Source recorded 2026-01-27; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The ruling is a sanctions confiscation decision, not a criminal conviction. The personal name is redacted in the official judgment; the unique OW identity, ownership and issuer records support the corporate chain without publishing private identifiers. Registry history entries from earlier years cannot postpone or erase the documented 2026 transfer.

response

The court records that the individual did not appear and provided no substantive response. OW also did not appear or supply substantive explanations; the court considered its notice through published notices adequate. The KVBZ representative supported the ministry’s claim despite the company’s formal third-party alignment on the defendant’s side. Nonappearance is not an admission.

outcome

The April issuer disclosure supplies the completed transfer, beyond the January ruling alone. A separate 7 April order lifted the earlier arrest of the 25% stake and took effect on 14 April. The historical OW–KVBZ ownership edges therefore end with the 2026 confiscation and recorded transfer.

attributedGart Marina Gennadievna — Engels Locomotive Plant JSC (old ELZ). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 15 July 2026; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedVolkam Trading Ltd — Engels Locomotive Plant JSC (old ELZ). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 15 July 2026; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedRafelar Holdings Limited — Engels Locomotive Plant JSC (old ELZ). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 15 July 2026; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedVEB-Leasing Europe S.a.r.l. — Engels Locomotive Plant JSC (old ELZ). Capacity: Historic registered founder. Period: Historical capacity; entity ceased 15 July 2026; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedZavod Metallokonstruktsy JSC (ZMK) — ZMK-Trans JSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 14 October 2019; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedZavod Metallokonstruktsy JSC (ZMK) — Balakovo-Centrolit JSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedZavod Metallokonstruktsy JSC (ZMK) — PESA Saratov CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 7 April 2014; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStolbun Maksim Leonidovich — Privolzhsky Testing Centre LLC. Capacity: Registered founder of the testing company. Period: Source recorded 2026-10-10; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Board membership is dated and does not prove a personal equity holding. A report covering a year is not automatically an appointment on 1 January or a resignation on 31 December. Auditor and registrar roles are service relationships. Procurement totals and trademark records do not establish misconduct by individual board members. The retained annual reports distinguish the Dzhakhpar and Ibragim roles; a later press description of Dzhakhpar as Stanislav’s father is not relied upon.

attributedMitrakhov Aleksey Sergeevich — Maris CJSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Resurs Invest CJSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Khimresurs Plus CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 28 December 2023; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedNew Investments CJSC — Engels Locomotive Plant LLC (2023). Capacity: 10% founder of the short-lived ELZ LLC. Period: Recorded from 2023-01-30; entity ceased 29 September 2023; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A similar name, reused site or former manager does not merge these legal entities. The purchase of old ELZ assets does not by itself establish the current shareholders of the new JSC. A separate reported industrial project, Promyshlennye Tekhnologii Povolzhya (PTP, OGRN 1246400005125), shares ZMK’s business site and registrar, but its shareholders are not disclosed in the retained public register. The registrar is not its owner.

attributedNew Investments CJSC — Innovative Transport Laboratory LLC. Capacity: Former participant. Period: Ended by 2024-12-05.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A similar name, reused site or former manager does not merge these legal entities. The purchase of old ELZ assets does not by itself establish the current shareholders of the new JSC. A separate reported industrial project, Promyshlennye Tekhnologii Povolzhya (PTP, OGRN 1246400005125), shares ZMK’s business site and registrar, but its shareholders are not disclosed in the retained public register. The registrar is not its owner.

attributedZolotukhina Olga Sergeevna — New Investments CJSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A similar name, reused site or former manager does not merge these legal entities. The purchase of old ELZ assets does not by itself establish the current shareholders of the new JSC. A separate reported industrial project, Promyshlennye Tekhnologii Povolzhya (PTP, OGRN 1246400005125), shares ZMK’s business site and registrar, but its shareholders are not disclosed in the retained public register. The registrar is not its owner.

attributedBorisov Sergey Aleksandrovich — New Investments CJSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A similar name, reused site or former manager does not merge these legal entities. The purchase of old ELZ assets does not by itself establish the current shareholders of the new JSC. A separate reported industrial project, Promyshlennye Tekhnologii Povolzhya (PTP, OGRN 1246400005125), shares ZMK’s business site and registrar, but its shareholders are not disclosed in the retained public register. The registrar is not its owner.

attributedInter Cargo Company JSC (IKK) — Engels Locomotive Plant LLC (2023). Capacity: 90% founder of the short-lived ELZ LLC. Period: Recorded from 2023-01-30; entity ceased 29 September 2023; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A similar name, reused site or former manager does not merge these legal entities. The purchase of old ELZ assets does not by itself establish the current shareholders of the new JSC. A separate reported industrial project, Promyshlennye Tekhnologii Povolzhya (PTP, OGRN 1246400005125), shares ZMK’s business site and registrar, but its shareholders are not disclosed in the retained public register. The registrar is not its owner.

attributedGamzalov Dzhakhpar (Hungarian directory identity) — MASZ Csoport Kft. (formerly BEHAN). Capacity: Directory-reported owner; percentage and complete shareholder list unresolved. Period: Source recorded 2026-10-10; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedStanislav Dzhakhparovich Gamzalov — Wagon Building Plant JSC (VSZ). Capacity: Reported ownership or control in secondary reporting; exact direct interest unestablished. Period: Source recorded 2013-03-13; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The total multi-lender balance is not wholly an OW loan. A debt assignment is different from equity ownership. Press accounts describing Gamzalov’s wider control of Balakovo industrial plants do not supply a complete present direct share register for VSZ. Nikita Mishin’s successive executive roles at VSZ and Balakovo-Centrolit are dated offices, not personal ownership.

attributedStanislav Dzhakhparovich Gamzalov — Balakovo-Centrolit JSC. Capacity: Reported ownership or control in secondary reporting; exact direct interest unestablished. Period: Source recorded 2013-03-13; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The total multi-lender balance is not wholly an OW loan. A debt assignment is different from equity ownership. Press accounts describing Gamzalov’s wider control of Balakovo industrial plants do not supply a complete present direct share register for VSZ. Nikita Mishin’s successive executive roles at VSZ and Balakovo-Centrolit are dated offices, not personal ownership.

attributedUlyanov Igor Vladimirovich — Wagon Building Plant JSC (VSZ). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedGS Finance & Trusts SIA — Wagon Building Plant JSC (VSZ). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedI.T.L. and Finance Limited — Wagon Building Plant JSC (VSZ). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedRasul Dzhakhparovich Gamzalov — Rus-Al LLC. Capacity: Former participant. Period: Ended by 2021-12-06.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedRasul Dzhakhparovich Gamzalov — Stroindustriya JSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedRail Vehicles PESA Bydgoszcz SA — PESA Saratov CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 7 April 2014; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMagomedov Magomed Akhmedinovich — Metpromgrupp LLC. Capacity: Sole participant (100%). Period: Recorded from 2025-02-12; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedSavin Evgeniy Aleksandrovich — Metpromgrupp CJSC (ceased 2015). Capacity: Historic founder; recorded contribution RUB 250,000. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Metpromgrupp CJSC (ceased 2015). Capacity: Historic founder; recorded contribution RUB 25,000. Period: Historical capacity; entity ceased 23 September 2015; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedDowden Investments Ltd — Inter Cargo Company JSC (IKK). Capacity: Reported holder of 60% in the historical ownership snapshot. Period: Historical 2009–2017 ownership records; registry-field removal does not establish the disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses. The issuer’s historical Kintana name has not been conclusively reconciled with the candidate Cyprus registration HE 266685. Directory snapshots also conflict over whether that candidate was dissolved or active and name different officers. Those candidate officers are therefore not attached to the issuer shareholder as established identities. Many service-company appointments do not by themselves prove a nominee relationship or wrongdoing. Offshore registration is not an adverse finding.

attributedReva Sergey Nikolaevich — Inter Cargo Company JSC (IKK). Capacity: Reported holder of 20% in the historical ownership snapshot. Period: Historical 2009–2017 ownership records; registry-field removal does not establish the disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedNemirko Viktor Mikhaylovich — Inter Cargo Company JSC (IKK). Capacity: Reported holder of 20% in the historical ownership snapshot. Period: Historical 2009–2017 ownership records; registry-field removal does not establish the disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedAkhapkina Natalya Valerevna — Metpromgrupp LLC. Capacity: Former participant and general director. Period: Ended by 2025-02-12.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedNemirko Viktor Mikhaylovich — Inter Cargo Company JSC (IKK). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedReva Sergey Nikolaevich — Inter Cargo Company JSC (IKK). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedDowden Investments Ltd — Inter Cargo Company JSC (IKK). Capacity: Historic registered participant. Period: Historic register entry; deletion of the founder field is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedInter Cargo Company JSC (IKK) — Sirius LLC. Capacity: Former participant in Sirius. Period: Ended by 2024-12-23.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedConstruction Company Khiminvest LLC (OGRN 1027739156587) — Trading House RusUkrVagon CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 17 May 2010; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedZinovev Aleksey Mikhaylovich — Tyubing Centrolit LLC. Capacity: Sole participant (100%). Period: Recorded from 2020-02-14; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedIrina Vyacheslavovna Gamzalova — Elit-Trans LLC. Capacity: Former participant. Period: Ended by 2017-06-27.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedGamzalov Dzhakhpar (Hungarian directory identity) — MASZ Csoport Kft. (formerly BEHAN). Capacity: Directory-reported owner; percentage and complete shareholder list unresolved. Period: Source recorded 2026-03-09; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The record does not resolve current ownership percentages or conclusively equate that Hungarian manager with the full-name ZMK board member. A manager’s name alone cannot close that identity gap. Reported blocked accounts, enforcement and negative-information flags do not establish an insolvency judgment. Directories report losses and substantial financial expenses, but those figures do not prove that OW’s assigned loans caused the losses. The 2024 directory table distinguishes HUF 373.950 million of net sales from HUF 379.246 million of total income. The latter adds HUF 4.269 million of other income and HUF 1.027 million of financial income; these are different measures, not conflicting revenues.

attributedENA JSC — Gidromash MK CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 18 December 2017; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The sources do not establish that all those offshore shareholders were beneficially owned by Gamzalov. A placement resolution is distinct from a completed transfer. ENA’s 2024 and 2025 reports identify changing supervisory boards, including Meshkov, Ibragim Gamzalov, Irina Gamzalova, Sheverdov and Magomedov in the later roster. Dzhakhpar’s 2021 mandate ended before Ibragim’s began in September; the two people must not be merged. The 2024 report lists RUB 1.5925 billion revenue and RUB 132 million capital, not OW’s standalone revenue. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedENA JSC — Remstroyservis LLC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 28 April 2003; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The sources do not establish that all those offshore shareholders were beneficially owned by Gamzalov. A placement resolution is distinct from a completed transfer. ENA’s 2024 and 2025 reports identify changing supervisory boards, including Meshkov, Ibragim Gamzalov, Irina Gamzalova, Sheverdov and Magomedov in the later roster. Dzhakhpar’s 2021 mandate ended before Ibragim’s began in September; the two people must not be merged. The 2024 report lists RUB 1.5925 billion revenue and RUB 132 million capital, not OW’s standalone revenue.

attributedENA JSC — Trading House Shchelkovo Pumps–ENA CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 9 February 2010; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The sources do not establish that all those offshore shareholders were beneficially owned by Gamzalov. A placement resolution is distinct from a completed transfer. ENA’s 2024 and 2025 reports identify changing supervisory boards, including Meshkov, Ibragim Gamzalov, Irina Gamzalova, Sheverdov and Magomedov in the later roster. Dzhakhpar’s 2021 mandate ended before Ibragim’s began in September; the two people must not be merged. The 2024 report lists RUB 1.5925 billion revenue and RUB 132 million capital, not OW’s standalone revenue. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedENA JSC — Remservice-ENA CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 25 September 2009; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The sources do not establish that all those offshore shareholders were beneficially owned by Gamzalov. A placement resolution is distinct from a completed transfer. ENA’s 2024 and 2025 reports identify changing supervisory boards, including Meshkov, Ibragim Gamzalov, Irina Gamzalova, Sheverdov and Magomedov in the later roster. Dzhakhpar’s 2021 mandate ended before Ibragim’s began in September; the two people must not be merged. The 2024 report lists RUB 1.5925 billion revenue and RUB 132 million capital, not OW’s standalone revenue. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedENA JSC — Magnitoprovody ENA CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 29 April 2011; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The sources do not establish that all those offshore shareholders were beneficially owned by Gamzalov. A placement resolution is distinct from a completed transfer. ENA’s 2024 and 2025 reports identify changing supervisory boards, including Meshkov, Ibragim Gamzalov, Irina Gamzalova, Sheverdov and Magomedov in the later roster. Dzhakhpar’s 2021 mandate ended before Ibragim’s began in September; the two people must not be merged. The 2024 report lists RUB 1.5925 billion revenue and RUB 132 million capital, not OW’s standalone revenue. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedNemirko Viktor Mikhaylovich — Railtransservice LLC. Capacity: Founder during the recorded 2014–2016 period. Period: 2014-08-08–2016-11-10.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Removal of founder fields from the Russian joint-stock register in 2022 is not evidence of a completed sale that day. The old 60/20/20 snapshot does not conclusively identify present shareholders. Property taxes and trademark entries do not identify the beneficial owner of every property or establish that the taxes relate specifically to the purchased ELZ site. The pending October wagon claim and the old ELZ asset transaction have different legal statuses.

attributedENA JSC — Remstroyservis LLC. Capacity: Historic participant; recorded contribution RUB 2,100. Period: Recorded from 2003-04-17; entity ceased 28 April 2003; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Resurs Invest CJSC. Capacity: Historic founder; recorded contribution RUB 25,000. Period: Historic founder entry; field deletion is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedMitrakhov Aleksey Sergeevich — Maris CJSC. Capacity: Historic founder; reported 4.9%. Period: Historic founder entry; field deletion is not a proven disposal date.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStanislav Dzhakhparovich Gamzalov — Wagon Building Plant JSC (VSZ). Capacity: Reported ownership or control in secondary reporting; exact direct interest unestablished. Period: Source recorded 2024-06-12; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The total multi-lender balance is not wholly an OW loan. A debt assignment is different from equity ownership. Press accounts describing Gamzalov’s wider control of Balakovo industrial plants do not supply a complete present direct share register for VSZ. Nikita Mishin’s successive executive roles at VSZ and Balakovo-Centrolit are dated offices, not personal ownership.

attributedSkinest Finants AS — Kryukiv Railway Car Building Works (KVBZ). Capacity: Holder of 25% in the September 2021 snapshot. Period: Shareholding snapshot 30 September 2021; subsequent control records have separate dates.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedDelantina OU — Kryukiv Railway Car Building Works (KVBZ). Capacity: Holder of 25% in the September 2021 snapshot. Period: Shareholding snapshot 30 September 2021; subsequent control records have separate dates.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedTransbuilding Service Limited — Kryukiv Railway Car Building Works (KVBZ). Capacity: Holder of 20% in the September 2021 snapshot. Period: Shareholding snapshot 30 September 2021; subsequent control records have separate dates.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedStanislav Dzhakhparovich Gamzalov — Kryukiv Railway Car Building Works (KVBZ). Capacity: Historical indirect KVBZ beneficiary through OW; not personally 90%. Period: Historical indirect chain through OW and KVBZ; OW stake passed to the state in 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The ruling is a sanctions confiscation decision, not a criminal conviction. The personal name is redacted in the official judgment; the unique OW identity, ownership and issuer records support the corporate chain without publishing private identifiers. Registry history entries from earlier years cannot postpone or erase the documented 2026 transfer.

response

The court records that the individual did not appear and provided no substantive response. OW also did not appear or supply substantive explanations; the court considered its notice through published notices adequate. The KVBZ representative supported the ministry’s claim despite the company’s formal third-party alignment on the defendant’s side. Nonappearance is not an admission.

outcome

The April issuer disclosure supplies the completed transfer, beyond the January ruling alone. A separate 7 April order lifted the earlier arrest of the 25% stake and took effect on 14 April. The historical OW–KVBZ ownership edges therefore end with the 2026 confiscation and recorded transfer.

attributedVolodymyr Ivanovych Prykhodko — Kryukiv Railway Car Building Works (KVBZ). Capacity: Reported beneficiary and supervisory-board chair. Period: Source recorded 2021-09-30; underlying event date and later status depend on the cited record.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedVolodymyr Ivanovych Prykhodko — Skinest Finants AS. Capacity: Reported direct beneficial interest. Period: Recorded from 2018-10-26; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedNataliia Viktorivna Prykhodko — Skinest Finants AS. Capacity: Reported direct beneficial interest. Period: Recorded from 2018-10-26; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedVolodymyr Ivanovych Prykhodko — Transbuilding Service Limited. Capacity: Person with significant control; reported 25–50% band. Period: Recorded from 2022-09-01; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedNataliia Viktorivna Prykhodko — Transbuilding Service Limited. Capacity: Person with significant control; reported 25–50% band. Period: Recorded from 2022-09-01; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedNataliia Viktorivna Prykhodko — Delantina OU. Capacity: Holder of 50% in the September 2023 register entry. Period: Recorded from 2023-09-02; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedVolodymyr Ivanovych Prykhodko — Delantina OU. Capacity: Holder of 50% in the September 2023 register entry. Period: Recorded from 2023-09-02; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Later control records dated 2018, 2022 or 2023 do not automatically prove the same chain at every earlier shareholding date. Co-investment in KVBZ does not make the Prykhodko network an OW subsidiary. The historic indirect Gamzalov chain ended with the documented 2026 state transfer, and generic directory founder labels must not create a direct personal stake in its subsidiaries. Corporate capacities are retained without inferring private family relationships.

attributedStanislav Dzhakhparovich Gamzalov — Kryukiv Railway Car Building Works (KVBZ). Capacity: Historical indirect beneficiary through OW. Period: Historical indirect chain through OW and KVBZ; OW stake passed to the state in 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The ruling is a sanctions confiscation decision, not a criminal conviction. The personal name is redacted in the official judgment; the unique OW identity, ownership and issuer records support the corporate chain without publishing private identifiers. Registry history entries from earlier years cannot postpone or erase the documented 2026 transfer.

response

The court records that the individual did not appear and provided no substantive response. OW also did not appear or supply substantive explanations; the court considered its notice through published notices adequate. The KVBZ representative supported the ministry’s claim despite the company’s formal third-party alignment on the defendant’s side. Nonappearance is not an admission.

outcome

The April issuer disclosure supplies the completed transfer, beyond the January ruling alone. A separate 7 April order lifted the earlier arrest of the 25% stake and took effect on 14 April. The historical OW–KVBZ ownership edges therefore end with the 2026 confiscation and recorded transfer.

attributedTyutyunnik Nataliya Vitalevna — Rayvel Audit Company LLC. Capacity: Holder of 50%. Period: Recorded from 2003-01-30; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Employment, board membership and professional services do not transfer an enterprise’s conduct to every professional. No claim is made that the audit engagement verified every transaction or excluded fraud. The Hungarian manager’s abbreviated name remains distinct from the full-name ZMK person until exact identity evidence resolves it. Personal biographies and unrelated clients are not treated as ownership evidence.

attributedDymova Zoya Nikolaevna — Rayvel Audit Company LLC. Capacity: Holder of 50%. Period: Recorded from 2003-01-30; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Employment, board membership and professional services do not transfer an enterprise’s conduct to every professional. No claim is made that the audit engagement verified every transaction or excluded fraud. The Hungarian manager’s abbreviated name remains distinct from the full-name ZMK person until exact identity evidence resolves it. Personal biographies and unrelated clients are not treated as ownership evidence.

attributedRafelar Holdings Limited — Engels Locomotive Plant JSC (old ELZ). Capacity: Holder of 42.55% of voting shares in the historical court account. Period: Historical position described in retained proceedings; old ELZ liquidated 15 July 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedVolkam Trading Ltd — Engels Locomotive Plant JSC (old ELZ). Capacity: Holder of 42.55% of voting shares in the historical court account. Period: Historical position described in retained proceedings; old ELZ liquidated 15 July 2026.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The amount sought is not an award against the defendants. The published court text redacts individual names; press identifications are separately attributed and do not authorize silently assigning every redacted finding to a named person. Loans of RUB 4.83 billion and RUB 300 million from ELZ to the project company are not, merely because related, an adjudicated diversion.

response

The defendants sought to uphold the rejection. The courts found that external market conditions, including loss of the Ukrainian customer market, affected the project. Management pursued Russian customers, prototypes and certification; VEB-Leasing knew and monitored the purposes of its project loans. Unlawful culpable actions sufficient for the claimed liability were not proved. In December 2024 the courts also invalidated creditor-committee decisions demanding renewed liability steps and withholding the trustee’s compensation because the committee exceeded its powers.

outcome

The favorable 2022–2023 liability outcome remains attached to the historic allegations. Invalidating the later committee decisions does not bar every possible future claim on different grounds.

attributedOW Capital Management GmbH — Zavod Metallokonstruktsy JSC (ZMK). Capacity: Combined holding with Gamzalov reported above 74.2%; individual split unstated. Period: Combined ownership described in the February 2025 contract-case report; direct split not supplied. ¹⁶¹

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The contract’s size is not an adjudicated loss. The retained February account does not establish the eventual outcome of the accepted appeals. Its combined ownership description does not split the individual’s and OW’s direct percentages.

response

Gamzalov argued that shareholder approval was absent and a 5% advance would create an extraordinary financing burden. The defendant produced an audio recording said to show his approval. A valuation expert and the court considered phased batches of about 50 wagons financially feasible, with such advances common in large contracts. The court rejected the interpretation that all deliveries had to occur on a single day.

attributedOW Capital Management GmbH — Zavod Metallokonstruktsy JSC (ZMK). Capacity: Holder of 17,333 of 17,947 ordinary shares; approximately 96.58% of that class. Period: Ordinary-voting-share count described in the April 2025 judgment; denominator differs from total capital.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The court’s meeting date is 28 March, correcting a secondary account’s 28 April. The full April judgment is dated 18 April, following the operative ruling on 8 April; a mirror header has a different date. Judicial approval of the resolution is not proof that all proposed new shares were issued to Gamzalov. The retained 2025 accounts still report RUB 239,290 registered capital. The record does not establish a completed 99.9% direct personal holding.

response

ZMK said the funds would finance foundry capacity and reduce dependence on suppliers. The courts found no proven bad faith or impairment of the protected dividend rights and accepted disclosed Russian control when rejecting the foreign-state restriction argument. Appeals by later purchasers were terminated on standing grounds. A separate 2025 regulator-instruction challenge concerned placement disclosures and pre-emption periods; the retained report says interim relief was refused but does not establish a final merits result in that separate case.

attributedFirst Locomotive Holding AG (Switzerland) — First Locomotive Company LLC (PLK). Capacity: Sole parent (100%) of PLK. Period: Sole parent from 12 August 2014; PLK liquidated 24 November 2025.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. The holding company’s ultimate owner is not established. Thilo Pachmann’s Swiss board position and OBT’s historic audit appointment do not identify a Gamzalov beneficial holding. The lawyer’s mandates for other clients are not treated as hidden assets of this group. Russian litigation totals, tax amounts and unsuccessful enforcement records in directories are dated summaries, not additional personal liability judgments.

attributedRasul Dzhakhparovich Gamzalov — Rus-Al LLC. Capacity: Former 50% participant; recorded contribution RUB 5,000. Period: 2014-04-23–2021-12-06.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedGasanov Ali Magomedkamilovich — Rus-Al LLC. Capacity: 50% participant and general director. Period: Recorded from 2014-04-23; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedStolbun Maksim Leonidovich — Privolzhsky Testing Centre LLC. Capacity: Holder of 25%; recorded contribution RUB 2,500. Period: Recorded from 2011-04-15; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedNersesyan Valentin Robertovich — New Industrial Engineering LLC (NPI). Capacity: Sole participant (100%). Period: Recorded from 2022-11-03; later status not established.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. Employment, board membership and professional services do not transfer an enterprise’s conduct to every professional. No claim is made that the audit engagement verified every transaction or excluded fraud. The Hungarian manager’s abbreviated name remains distinct from the full-name ZMK person until exact identity evidence resolves it. Personal biographies and unrelated clients are not treated as ownership evidence.

attributedChabrov Evgeniy Sergeevich — Transleasing-Alliance CJSC. Capacity: Historic registered founder. Period: Historical capacity; entity ceased 30 June 2010; role did not continue beyond that event.

qualification

The capacity is source-qualified and dated; it does not transfer another participant’s conduct or prove a current mandate. A deleted founder field is not automatically an ownership disposal. A historic founder is not necessarily the current shareholder, and a liquidated company is not a current operating asset. Similar names, shared professional contacts or the same business site do not prove succession, common beneficial ownership or a family relationship. The accepted graph labels the supported capacity and its dated limit; it does not revive these entities as a present group. Negative search results are not complete beneficial-ownership clearance.

attributedChabrov Evgeniy Sergeevich — Trading Company RusUkrVagon CJSC. Capacity: Historic registered founder. Period: Historic register entry; deletion of the founder field is not a proven disposal date.