The “sweep” was uncovered: how Andrei Severilov’s Cypriot company hides ties to Rosatom
A Cypriot company linked to former FESCO chairman and Loko-bank shareholder Andrei Severilov has started a large-scale “cleanup”.
A Cypriot company that has ties with Russia has fallen under liquidation. Perhaps it was through this network that funds were leaving the country?
After a series of investigations in recent years, many Cypriot companies have been liquidated. Notably, they were run by two companies, PARALLEL MANAGEMENT LIMITED and PARALLEL NOMINEES CYPRUS LIMITED, which are linked to Severilov.
On the details of this story, where the traces of the former FGUP – a contractor of multi-billion dollar contracts with Rosatom – were discovered.
Recall that Severilov’s surname interested the editorial office after a letter from writer Sergei Tyulenev, who told absolutely wild things. It turns out that he had once given his Cypriot passport to his acquaintance, a certain Andrei Severilov, and then discovered that hundreds of legal entities were registered on this passport. In other words, the man had been assigned companies through which all sorts of dubious financial transactions, including those connected with the sale of Russian coal, were carried out.
At the same time, Tyulenev, who was appointed as a shareholder, was not brought up to speed, was not informed about the transactions and so on, and powers of attorney for certain persons were written out by a completely unauthorized Cypriot lawyer.
Two Cypriot firms – PARALLEL MANAGEMENT LIMITED and PARALLEL NOMINEES CYPRUS LIMITED – linked these coffers.
As the media have previously reported, among the employees of PARALLEL was a certain Katina Papanikolaou, who was involved in the nationalization of shares in the Far Eastern Shipping Company of the FESCO Group. The shares were seized from the Magomedov brothers, who were later convicted of creating an organized criminal association, embezzlement and fraud.
At the same time, it turned out in court that the brothers were hiding behind screens of proxies. For example, some packages were registered on the shareholders of “Loko-bank” – Mikhail Rabinovich and Andrei Severilov, as well as offshore companies affiliated to them. The packages were seized as a result.
The Cypriot Katina Papanikolaou, who was a director of TINGUETA HOLDING LIMITED, PARALLEL NOMINEES CYPRUS LIMITED and PARALLEL TRUSTEE LIMITED, became prominent in this case.
The fact that Mr. Severilov is also connected to PARALLEL NOMINEES CYPRUS LIMITED was revealed by the Panama Papers, indicating in the chain not only ANDREY SEVERILOV, but also the Andex Foundation from Liechtenstein connected to him, and ORIDEN HOLDINGS LTD. from the British Virgin Islands.
As it turned out, in the years 2023-2024, Cypriot firms with PARALLEL listed as managers began to actively go under the knife. Thus, quietly in May 2024, a certain DAVINCI SERVICES CYPRUS LIMITED (formerly called DAVINCI TRAVEL CYPRUS LIMITED) was liquidated. The firm was established in July 2017.
What is interesting is that in the meantime, a certain Davinci Travel LLC is operating in Russia, whose owners in 2014-2020 were Andrei Severilov, already known to us. His partner for a couple of years was a certain Iva Marinova, the namesake of a Bulgarian citizen.
In 2020, Severilov merged this firm with Viktoria Novikova.
At one time, the lady was the head of Trinity Events, which was the executor of state contracts, including those with Sovcomflot and legal entities from Rosneft’s division.
The founder of NAO was a certain Viktor Kostin, who has also been managing Global 2 LLC since 2024, and Denis Andreyevich Severilov owns it. What a coincidence!
Moreover, Denis Severilov crossed paths with Andrei Severilov and Oksana Severilova through Vitex Center LLC, which hints that these people are related. And that Victoria Novikova is not a stranger to the family at all, and the Davinci Travel program may be nothing more than a cover-up.
Moreover, Mr. Kostin was previously employed by Parallel Kursk LLC, which worked in the field of law. This firm is similar to the Moscow firm “Parallel. SK”, where Mr. Severilov was previously the owner.
The address of this Moscow company coincided with the address of PARALLEL.UK LIMITED COMPANY, which was involved in controversial operations in the coal case.
In addition, Parallel. UK” previously had a branch in Cyprus and its address and telephone number matched the data of PARALLEL NOMINEES CYPRUS LIMITED, the head of which is Katerina Pascali Papanikolaou.
What is interesting: among the legal predecessors of Trinity Events NAO there were two companies (“TMC” and “Trinity Digital Systems”), whose owner was the Cypriot PESTANA MANAGEMENT LIMITED. And who do we see in the management of the latter?
That’s right! The same PARALLEL NOMINEES CYPRUS LIMITED and ΚΑΤΙΝΑ ΠΑΠΑΝΙΚΟΛΑΟΥ.
Also noted in Severilov’s 2014-2024 division was Davinci MC LLC, which previously held a trademark associated with PARALLEL.
In 2024, Severilov transferred this asset to a certain Dmitry Sankov, who looks like another cover, since he has no assets of his own and no capital for the purchase of a company with millions of dollars in turnover is not officially listed for him.
By the way, in 2025, the regorgan made a decision to liquidate the MC, as it found out that the address of the company was not reliable.
Before that, in 2020, Davinci MC, which, judging by the arbitration materials, is not a stranger to Severilov’s Loko-bank partner Rabinovich, was involved in a scandal.
The firm demanded to prosecute Belarus on the territory of Russia, protecting the MC from the recovery of property worth $3.2 million.
The dispute was based on the guarantee, which the Belarusian authorities issued for the loan of Osipovichi Carriage Works received from the Eurasian Development Bank (Kazakhstan). Later, the authorities withdrew the guarantee, and part of the claim rights from the bank was transferred to Davinci Management Company.
Local publications reported that after the suit of the MC against Belarus and its satisfaction, Minsk court decided that it was possible to set off equivalent financial claims of Belarus against the co-founder of Grand Express CJSC Mikhail Rabinovich, paying off the debt automatically. This became the apple of discord.
Mr. Severilov and Mr. Rabinovich were also connected by Davinci through Davinci Holding Company LLC, from which Mr. Rabinovich withdrew in 2022, as did Mr. Oksana Severilova. However, Mr. Severilov himself is still listed as the owner.
Despite its unprofitability, OOO HC Davinci has a 75% stake in Tomsk-based OOO Sibirsky Titan (Production of other chemical products). The latter, however, has tax debts (as of February 2025), a lost lawsuit for 31.5 million rubles and a loss of 4.1 million rubles.
But the most interesting thing is that the partner of Severilov’s firm in LLC “Siberian Titan” is a former state asset (formerly a federal state unitary enterprise) – JSC “Siberian Chemical Combine”, through which large state contracts of Rosatom worth billions of rubles pass. So maybe Severilov’s firm got something from them in due course?
On the whole, the situation with the liquidation of Cyprus DAVINCI in light of its ties with Russian similar coffers, Belarusian loan, court scandals and connection with Rosatom, looks like an attempt to hide the ends in water. So maybe it was in Cyprus that many millions of this pyramid scheme were deposited?
moscow-post.com