Andrey Korkunov

Russian entrepreneur From Wikipedia, the free encyclopedia

Andrey Korkunov

Andrey Korkunov or Andrei Nikolaevich Korkunov (born September 4, 1962) is a Russian entrepreneur. He was a rocket scientist but he was noted for founding the A. Korkunov Chocolate Manufacturing Company, one of the largest confectionery companies in Russia and considered the only producer of high-end chocolates in the country.[1][2] Korkunov is also an investor.

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Andrey Korkunov
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Andrey Korkunov
Born (1962-09-04) 4 September 1962 (age 62)
NationalityRussian
Alma materMoscow Power Engineering Institute
Occupation(s)Entrepreneur, investor
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Korkunov was born on September 4, 1962, to a family of engineers in Aleksin.[3][4] He started doing odd jobs in his early years and supplemented them by selling illicit cigarettes and clothing he purchased from tourists.[2] He obtained his undergraduate degree at the Moscow Power Engineering Institute.[4] After graduation, he was employed by the Podolsk Electromechanical Plant, where he rose to become a foreman of an assembly unit.[4] He then worked for a design bureau in Kolomna, Moscow, before retiring from the Russian industrial military complex due to the significant decline in demand for military hardware after the perestroika.[4]

Korkunov started his chocolate company with his own money.[5][6] The enterprise was established as Odintsovo Chocolate Factory and it introduced the now-famous brand "A. Korkunov".[7] Central to the founding of his company was David Munger, a Canadian-born business owner, who eventually became the manager of the chocolate business.[8] The pair worked to operate a profitable business by scouring Europe for cheaper suppliers.[8]

Aside from his confectionery company, Korkunov is also an angel investor. He founded Ankor Bank and has invested in internet companies such as Apps4all, a platform that connects international technology companies with mobile application developers.[9] He also expanded his business by venturing into storage services through his company called Mobius.[10]

In 2004 Korkunov was awarded the Employer of the Year in Russia.[6] By 2021, he was declared bankrupt following a court-ordered debt restructuring in response to a request by Angkor Bank.[11]

On March 11, 2021 the Arbitration Court of the city of Moscow declared Andrei Nikolaevich Korkunov bankrupt and launched the process of selling his property.[12][13][14]

References

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