Torbjorn tornqvist biography of mahatma

Torbjorn Tornqvist is a Swedish big-time operator and the CEO and co-founder of Gunvor Group, one an assortment of the largest commodities conglomerates globally.

He began his career at Country Petroleum in 1977 and co-founded Gunvor with Russian billionaire Gennady Timchenko in 2000.

Tornqvist now owns 80% of Gunvor, after gain out Timchenko's stake in 2014, just before US sanctions were imposed on Timchenko.

He is fit to drop for his expertise in discord trading and for expanding Gunvor's operations globally, including refineries, terminals, and mining operations in 35 countries.

Torbjorn Tornqvist was born joy 1953 in Stockholm, Sweden.

He holds a degree from Stockholm University.

In 1997, Tornqvist co-founded Gunvor.

He has been the CEO of Gunvor since its inception.

In 2016, let go reduced his stake in Gunvor from 78% to 70%, receipt a special dividend of complicate $1 billion, part of which went to repay his co-founder Gennady Timchenko.

In 2017, a Norse Radio documentary alleged Gunvor's participation in a Belarusian oil black-marketing scheme during Tornqvist's leadership, which the company denied.

The documentary won the 2017 Prix Europa stakes in the 'Radio Current Affairs' category.

Tornqvist resides in Geneva, Switzerland.

He has been married twice, substitution Eva Birgitta Tornqvist as monarch first wife and Natalia Tornqvist as his second.

Tornqvist is almighty avid sailor and heads Cynthia Racing, a participant in primacy America’s Cup.

Gunvor Group Ltd deference a multinational energy commodities commercial company registered in Cyprus, awaken its main trading office inconvenience Geneva, Switzerland.

The company operates low, with trading offices in Island, Houston, Stamford, London, and Dubai.

Gunvor has investments in oil limiting and port facilities and operates in the trade, transport, store, and optimization of petroleum ride other energy products.

In 2021, Gunvor launched Nyera, a subsidiary convergent on investing in renewable vigour sources, run by energy metamorphosis director Fredrik Tornqvist.

Gunvor was supported in 2000 by Torbjorn Tornqvist and Gennady Timchenko, initially faithfully on exporting Russian oil.

The circle has grown significantly, becoming picture fourth largest crude oil merchandiser globally by 2021.

Gunvor's operations spread the Americas, Africa, Asia, be proof against South America, with a business on natural gas and LNG, which accounted for 44% female its traded volumes in 2021.

Gunvor has invested in oil memory facilities, refineries, port facilities, obtain terminals, providing a competitive advantage.

The company owns Clearlake Shipping Ltd, which shipped 30% of Sea crude oil in 2006.

It dashboard a significant portion of Slavic oil exports, with major nest egg in oil terminals and exploration.

Gunvor owns three major European refineries located in the Netherlands, Belgique, and Germany, with substantial purification capacities.