Shtengelov Denis

Shtengelov Denis

Denis Shtengelov is the owner of the KDV-group holding.

Biography

1994: Small wholesale trade in raw seeds

Denis Shtengelov took the first step from Tomsk to Moscow in 1994, when he graduated from the economics department of Tomsk State University and, together with his classmates, took up the small wholesale trade in raw seeds. The main clients were grandmothers, who then fried seeds and sold throughout the city.

1997: Buying a factory in the village of Yashkino

Up on their feet, recent students have turned to a more solid clientele. In the spring, they paid for the work of agricultural enterprises, in the fall they took seeds from them and brought oil to producers, which they, in turn, resold to confectioners. So entrepreneurs first got to a small confectionery factory in the village of Yashkino, in the neighboring Kemerovo region.

The company, which had survived from Soviet times, then produced about 15 tons of cookies per month with a capacity of 500 tons and barely made ends meet. It was owned by a large Kuzbass holding, for which the confectionery business was non-core. In 1997, KDV bought out this asset. For further history of the company, see KDV Group.

Moving to Australia

Denis Shengelov went to live in Australia, opening several more businesses there and buying elite real estate. In the city of Gold Coast in the Australian state of Queensland, an entrepreneur, together with his common-law wife Maria Karzhilova, opened the KDV Sport tennis complex worth at least $25 million. [1] The facility is named as one of Queensland's best holiday destinations, with tennis stars training.

Family

Father: Nikolai Shtengelov

The oligarch's father Nikolai Shtengelov is a native of the village of Petrovka, Primorsky District, Zaporizhzhya Region. He returned there from Russia in the 2000s and created several large agricultural companies with their own security services.

Nikolai Shtengelov was a deputy of the Primorsky District Council and received a letter from the authorities in 2018 for active support of ATO participants during the conflict in Donbass.

Shtengelov Sr. tried to help Denis with the purchase of Roshen Russia facilities by former President Petro Poroshenko.

After the start of Russia's special operation in Ukraine, Petrovka, where Nikolai Shtengelov's agribusiness is located, became part of Russia along with the entire Berdyansk district of the Zaporizhzhya region in 2022.