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WB Development

Company

Owners

Main article: Wildberries Warehouses

History

2024

Wildberries changed the customer company for the construction of warehouses

The largest Russian online retailer Wildberries announced the termination of contracts with the company "WB Development," which acted as a technical customer for the construction of warehouse complexes. Information about this appeared on October 16, 2024. Read more here.

Filing a claim for 37 billion rubles against Vladislav Bakalchuk

On October 14, 2024, it became known that WB Development LLC, owned by Vladislav Bakalchuk, filed a lawsuit against its owner in the amount of ₽37,09 billion. The statement of claim was sent to the Arbitration Court of the Moscow Region on October 11, 2024.

According to Interfax, VB Development LLC, according to the Unified State Register of Legal Entities, is 100% owned by Vladislav Bakalchuk. Earlier, Bakalchuk himself stated that this legal entity is a business unit of Wildberries.

Vladislav Bakalchuk

Sources close to the situation claim that the claim is related to losses incurred by VB Development due to Vladislav Bakalchuk's failure to fulfill his obligations to Wildberries. It is assumed that the amounts of advances were withdrawn from the company at the personal direction of Bakalchuk, which became the reason for the lawsuit directly to him personally.

This lawsuit is part of a broader corporate conflict. On October 12, 2024, Tatyana Kim (Bakalchuk), founder of Wildberries and head of RVB LLC, a joint company of Wildberries and Russ, said that Vladislav Bakalchuk and his team had deprived the company of about ₽37 billion and destabilized the business.

Earlier, in September 2024, RVB LLC announced the preparation of a lawsuit against WB Development in the amount of approximately ₽27 billion, claiming that the company did not fulfill its contractual obligations, despite the advance payments listed.

In response to these actions, Vladislav Bakalchuk in early October 2024 filed a counterclaim against Vaildberriz LLC, RVB LLC and his ex-wife. The consideration of this case is scheduled for November 11, 2024 in the Arbitration Court. The court has already refused Bakalchuk to introduce interim measures on his claim to challenge the transfer of marketplace assets to RVB LLC[1]

Wildberries demanded that WB Development return advances of 37 billion rubles

On September 25, 2024, it became known that RVB LLC, the combined structure of the Wildberries marketplace and outdoor advertising operator Russ, requires Vladislav Bakalchuk to return advances totaling 37 billion rubles. We are talking about dozens of contracts for the construction of logistics facilities.

According to RBC, the claims of "RVB" were presented to the company "WB Development," which performs the functions of the project division of Wildberries. Its founder is Vladislav Bakalchuk - the husband of the founder of the marketplace Tatyana Kim (Bakalchuk). It is alleged that Wildberries transferred advance payments to WB Development, but it did not provide documents confirming the provision of services and the performance of work.

Wildberries demanded that Bakalchuk's company return advances for 37 billion rubles

At the same time, Vladislav Bakalchuk declares that the debts that RVB is talking about are conditional. According to him, WB Development is building more than 4 million square meters of storage facilities with a total value of over 120 billion rubles. At the same time, subcontractors need to pay an advance payment for the work and purchase of materials - because of this, payables arise.

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As soon as the acts on the adoption of the next stage of properly performed work are signed, this debt will disappear. This is a widespread practice in the construction sector, - emphasizes Bakalchuk.
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"RVB" notified "WB Development" about the refusal of previously concluded contracts. The combined company began to conclude contracts with its new subsidiary, which will later act as a technical customer during the construction of logistics centers. The new company, RBC notes, has transferred a number of projects previously under the jurisdiction of WB Development. Wildberries emphasizes that the construction of these facilities continues and will be completed as scheduled.[2]

Notes