Alexander Filippov was born
in 1976 in Kovrov, Vladimir region. He graduated from Armstrong University in the USA with a degree in Finance and Vladimir State University with a degree
in Management. From 2005 to 2011, he was a deputy to the City Council
of Vladimir — held the position of deputy
chairman of the budget and tax policy committee.
In 2012, Filippov headed
the Vladimir Regional Political Council of the Civic Platform party of Mikhail
Prokhorov, and in 2013 announced that he was participating in the election of the governor of the region. Filippov was not allowed to take part in the elections; a criminal case was opened
against him. He was accused of fraud and theft of another's property, in particular — overstating tariffs for heat, the withdrawal of company funds through offshore companies. In 2016, Filippov was sentenced
to four years in a penal colony. In mid-March 2019, a businessman was released
Despite all these troubles,
Filippov, most likely, retained control over the "Vladimirenergosbyt" business. According to the company's report for the first half of 2018 (the last available), as well as in a similar report for the first half of 2014, the ultimate
controlling organization of the company is LLC "Energoresurs". This company, in turn, is controlled by two Cypriot firms — Inoltre Investments and Gardellinora Investment, and this ownership structure was formed in 2013–2015, when
Filippov was free and the general director of "Energoresurs". According to the extract from the Cyprus registry, Gardellinora belongs to Olga Filippova (wife
of a businessman has the same name).
But the business of "Vladimirenergosbyt" was shaken. In the IFRS report for the first half of 2018, the company says that until mid-2017, its main business
was the purchase of electricity on the wholesale market and its retail sale in the Vladimir region. But in June 2017, it was deprived of the status of a wholesale market entity, and from July 1, another company received the status
of a guaranteeing supplier of the Vladimir region. Therefore, from this date, the company's main business is the production of steam and hot water.
The consequences of this are visible in the Russian statements of "Vladimirenergosbyt"
for 2017 (the last available annual): the company's revenue fell almost three times — from 11.7 billion rubles in 2016 to 6.4 billion rubles in 2017. Accounts payable and short-term loans amounted to 2.4 billion rubles, while accounts
receivable — 1.6 billion rubles. Since November 2018, "Vladimirenergosbyt" becomes bankrupt