Oleg Voronin - Biography

Biography

Oleg Voronin was born on November 4, 1962, in Criuleni, then in the Moldovan SSR. He is the son of former Moldovan president Vladimir Voronin and Taisia Mihailovna; grand grandfather of Oleg Voronin was Isidor Sârbu. He started elementary sudies at Dubăsari School, no. 2 but graduated from Ungheni School, no. 4. In 1984, he graduated as a biology major from the Moldova State University. Oleg Voronin got his first job with a non-profit called AŞP "Vierul". In 1988, he established with some other academics a Laboratory Cooperative to look for better yields in milk production. In 1992 became director of "Metal-Market" (constructions) and "Transline" (railroad transportation).

The Voronin family first got involved in serious business in 1993. That year, Oleg Voronin obtained control of the Briceni sugar plant in a privatization scheme. The son of Vladimir Voronin promptly fired hundreds of workers and was for a few years known in the local press as "Moldova's Sugar King." In 1993 Oleg Voronin applied for a banking license. Since that year, he has been head of his own bank, FinComBank, which from humble beginnings has now grown into becoming one of Moldova's largest and most powerful financial institutions.

He is also arguably one of the wealthiest Moldovans and the owner of several of the largest businesses in Moldova. These include, but are not limited to:

  • FinComBank - Controls the monthly payments for Moldtelecom (the national phone company) and processes the salaries of the Internal Minister, the Secretary of Defense, the Secretary of Finance and the Chancellor of State.
  • Aroma - One of the largest distillers of alcoholic beverages.
  • "Metal-market" Construction Firm - A company that has received numerous state contracts to rebuild monasteries, museums and hotels.
  • "Transline" Transportation - A rail company which transports Moldovan grain to other countries.

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