Prigozhin family business moves amid RTG Development liquidation and regional redevelopment plans

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Pavel Prigozhin, son of the Russian businessman Yevgeny Prigozhin, has emerged in recent public records in connection with a decision to liquidate RTG Development, a company that had been earmarked to spearhead an IT cluster project near the Gulf of Finland in St. Petersburg. This move, reported by a Telegram outlet and corroborated by data from the SPARK-Interfax database, marks a notable shift in the Prigozhin family’s business engagements and the regional development strategy associated with the Megaline corporate group. The liquidation petition was filed at the start of March, and sources indicate that ownership of RTG Development is exercised through Lakhta Plaza, a vehicle linked to Pavel Prigozhin. RTG Development is understood to be a component of the Megaline structure that is controlled by Yevgeny Prigozhin senior, underscoring the family’s continuing exposure to major local development initiatives. (Daily Storm; SPARK-Interfax data)

Historical records point to a broader plan from 2021, when an agreement was signed at the St. Petersburg International Economic Forum to redevelop the Gorskaya industrial zone. The deal, involving the Megaline entity, envisioned creating a sizable complex that would integrate a warehouse footprint, a modern IT cluster, and enhanced tourism infrastructure across a land parcel spanning approximately 140 hectares. The strategic intent appears to be a multi-use economic zone designed to attract investment, optimize logistics, and position the city as a regional hub for technology-driven enterprises. The arrangement was publicly framed as a catalyst for economic diversification, aligning industrial redevelopment with smart-city style amenities to attract both domestic and international partners. (SPIEF proceedings; Daily Storm)

Moving into December of the previous year, changes occurred in the leadership and ownership landscape of Concord Catering and Concord Management and Consulting, two firms previously associated with Yevgeny Prigozhin. The reorganization of these entities signaled a realignment within the broader business ecosystem surrounding Prigozhin’s portfolio and suggested shifts in operational priorities, staffing, or strategic direction. While the exact implications for ongoing contracts or projects were not fully disclosed in open sources, observers noted that leadership transitions in these related companies could influence how the broader Megaline network engages with suppliers, clients, and municipal authorities in the St. Petersburg region and beyond. (Daily Storm)

The contemporary narrative around Prigozhin’s business footprint has long included references to a dacha residence in Gelendzhik, which has served as a backdrop for media coverage and stakeholder discussions about the Prigozhin family’s private and corporate life. The Gelendzhik property has occasionally been cited in connection with broader strategic moves, though the precise linkages to day-to-day operations across the various firms and projects remain a matter of public interest rather than official disclosure. Taken together, the series of transactions and organizational changes underscore a continuing footprint in the Northern Capital Region’s development arena, with implications for urban planning, investment flows, and regional economic policy. (Daily Storm)

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