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| Joined: | Wed Mar 19th, 2008 |
| Location: | Richmond, Canada |
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ceased to exist when Volmax tried to cash-in
on the success and subsequently abused the name
Poljot for their movements,though they had nothing
to do with the original company.
In 2003, a rumors started flowing when
the First Moscow Watch Factory was to cease production,
of their own model of watches. Only to become a supplier of inexpensive movements to other European brands.
Enter Sergei Pugachev:
Sergei Pugachev,the businessman and a politician
within Vladimir Putin's Inner Circle,with strong
financial and business influence on the Russian
Orthdox Church. Wound up buying Poljot.
From 1992-2002 Sergei Pugachev,was
the chairman of the board of Directors for
the International Industrial Bank.
Recently he faced a major financial setback
when his investment company OPK lost the rights
on a major construction project in Red Square,on
March 31,2009.
Counterfeit Poljot:
According to aficionados and collectors of Poljots, both
the Golden Poljot and the Poljot Elite are considered fakes.