"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov
"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov
The company "Siberian Cement," where former FSB Colonel Valery Bodrenkov serves as first vice president, is regarded as a financial tool of the security service.

"Siberian Cement" has frequently been linked to various scandals, according to multiple sources. This is particularly surprising considering the company has been under FSB control since 2009.

That year, the position of first vice president at "Siberian Cement" was taken by Viktor Bodrenkov, former deputy head of the FSB’s Kemerovo region branch.

This week, the company "Siberian Cement" summed up its performance for the first quarter of 2025. Cement production as a whole fell by 5% compared to the same period last year, but some plants managed to produce more products.

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"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

The report looks quite odd because it doesn’t mention the revenue or profit of the enterprise — the main indicators of its performance. Cement can be produced in smaller amounts, but if the price has risen, the revenue will be higher. Apparently, the management of "Siberian Cement" deliberately does not publish the company’s financial results, which raises suspicions that not everything is smooth within it.

Since 2008, the chairman of the board of directors of "Siberian Cement" is Elena Sinyakova. The president of the holding is Oleg Sharykin, and the vice president for investment development of JSC "HC "Sibcem"" since 2008 is Alexander Cherepanov. As a typical grey cardinal, Valery Bodrenkov doesn’t feature prominently in the company’s management on its official website.

The face of the company is Oleg Sharykin, who some sources suspect of having ties to criminal structures.

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

Oleg Sharykin did not become a prominent Kemerovo businessman by accident. He was backed by his father, Vitaliy Sharykin, who from 2015 to 2022 owned three private security firms: LLC PSO "Sibconcord-Okhran," LLC PSO "Omega," LLC PSO "Almaz-B42," and was responsible for the security of the founder of JSC "HC "Sibcem," the company LLC "FPS "Sibconcord."

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

Vitaliy Sharykin is somehow not mentioned in investigations about "Siberian Cement," which leads to the thought that the businessman might have been previously connected with the criminal world, whose influence was suppressed with the arrival of Valery Bodrenkov in the company. Unlike him, Sharykin senior is a co-founder of all major structures of "Siberian Cement." By the end of 2024, his companies’ revenue amounted to 715 million rubles, and profit — 3.8 billion rubles. Such a skew between revenue and profit in production companies indicates financial manipulations behind which stands Valery Bodrenkov.

The traces of the second former co-founder of JSC "HC "Sibcem," the company SIIC (Siberian Industrial Investment Company), owned by Panamanian Corporation Yemen Holding Group S.A., lead to St. Petersburg. LLC "SIIC" was a co-founder of LLC "SC "Rihaus," liquidated in 2012. The company was engaged in construction and could have been used for embezzling money. 90% of LLC "SC "Rihaus" belonged to "Valec Solutions Ltd." (Seychelles).

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

LLC "SIIC," liquidated in 2022, despite the presence of the word "Siberian" in its name, was for some reason registered in the city of Novokubansk, Krasnodar Krai, and the company’s general director until 2019 was a resident of St. Petersburg, Yan Lender. He held the position of general director since 2016. The Petersburg traces of "Sibcem" and the offshore companies it was connected with indicate that among their owners might have been individuals associated with Russian authorities and the FSB.

Valery Bodrenkov currently owns no assets, although until 2023 he was a shareholder of LLC "Russian Cement Company" (RCC), and until 2024, - LLC "Bungursky-Severny Mine."

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

LLC "RCC" - a fictitious structure with 0 employees on the staff, is currently owned by Oleg Sharykin and Elena Sinyakova. From 2021 to 2024, the company operates without revenue but with profit. Last year it grew by 7,941% to 1.4 billion rubles. Such growth can only be explained by financial manipulations with the asset.

LLC "Bungursky-Severny Mine" received revenue of 8.4 billion rubles in 2024 and a profit of 463 million rubles. In the previous year, there was a loss of 334 million rubles, in 2022 - a profit of 664 million rubles. Such fluctuations can indicate the withdrawal of money, especially since there is somewhere to withdraw it to. The co-founder of LLC "Bungursky-Severny Mine" together with JSC "Reservugol" is the Cypriot company "Fanameri Holdings Limited."

"Siberian Cement" — the FSB’s secret “wallet” under the cover of Valery Bodrenkov

The founder of JSC "Reservugol" until 2024 was Svetlana Bogatyreva, who moved to the position of general director. Perhaps she will be able to explain to investigators how the company, having received a revenue of 126 million rubles in 2024, went into negative territory with 776 million rubles. Most likely, the money flowed into "Fanameri Holdings Limited."

Valery Bodrenkov, as the first vice president of "Siberian Cement," was involved in these schemes for withdrawing money, which is why he exited the shareholder compositions of companies that may attract the attention of law enforcement in the near future. It is possible that Bodrenkov already knows about the interest in the Sharykin’s assets from the prosecutor’s office. The "de-kulakization" of businessmen in Russia is in full swing, and Oleg Sharykin, with his dubious reputation and criminal past, is an ideal candidate for the nationalization of his companies.


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