Ozero

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Ozero (Озеро, meaning 'The Lake') is a co-operative society allegedly instituted on November 10 1996 by Vladimir Smirnov (head), Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Yuriy Kovalchuk, Viktor Myachin and Nikolay Shamalov. The society united their dachas in Solovyovka, Priozersky District of Leningrad Oblast, which is located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus near Saint Petersburg.

By now, its shareholders have assumed top positions in Russian government and business. As of 2008, Vladimir Putin is the President of the Russian Federation, Vladimir Yakunin is the Head of Russian Railways, Andrei Fursenko is the Minister of Education and Science of the Russian Federation, Sergey Fursenko is a brother of Andrei Fursenko, the Director-General of Lentransgaz and the President of the Football Club Zenit (St. Petersburg), Yuriy Kovalchuk is the Head of the Board of Directors and a major shareholder of the Russia bank, Viktor Myachin is its former Director General (1995-1998, 1999-2004), Nikolay Shamalov and Vladimir Smirnov are prominent businessmen.

Following a life-threatening fire at his dacha in August 1996, Vladimir Putin converted to the Russian Orthodox Church.

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Last updated on Monday December 24, 2007 at 13:03:29 PST (GMT -0800)
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