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Motor Yacht

Luxury motor yacht Alexander with her timeless and elegant design was built and designed in 1965 by German company Lubecker Flender Werke. With a steel hull and superstructure, she measures 122 metres and can accommodate up to 80 guests.

Previously known as Regina Maris, luxury motor yacht Alexander was originally purchased by Greek shipping tycoon John S. Latsis but converted from a passenger vessel to a sleek mega yacht by shipyard Hapaq-Lloyd in 1985 to 1987. The yacht does not belong to the Latsis Family since 2015.

Alexander cruises comfortably at 16 knots and has exceptional long-range capabilities that allow her passengers to enjoy a wide range of distant destinations, from well-know ports of call to secluded escapes. From her immense array of onboard facilities and water toys, to the impressively spacious rooms of her interior, Alexander is an incredible superyacht, now privately owned.

  • Yacht Builder Lubecker Flender Werke No profile available
  • Naval Architect Lubecker Flender Werke No profile available
  • Exterior Designer Lubecker Flender Werke No profile available

Yacht Specs

latsis yacht

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latsis yacht

Latsis family luxury yacht for sale: $37 mln for Alexander (pics)

Who will buy this yacht?

Luxury motor yacht Alexander, originally purchased by Greek shipping tycoon John S. Latsis, is now for sale marking the end of an era. The yacht has welcomed royal guests from Buckingham palace such as Prince Charles and Lady Di and the world’s most powerful statesmen such as Mikhail Gorbachev, George Bush and even Hollywood legends like John Travolta.

Now the luxury motor yacht is up for sale, ready to move on.

Previously known as Regina Maris, the yacht was built and designed by German company Lubecker Flender Werke in 1965, however converted from a passenger vessel to a sleek mega yacht by shiopyard Hapaq-Lloyd from 1985-1987. With a steel hull and superstructure, the elegant yacht measures 122 meters and can accomodate up to 80 guests in 40 cabins including 14 suites with two double bedrooms, two bathrooms and a salon each.

A crew of 57 is available to ensure that everything runs smoothly as the yacht cruises comfortably at 16 knots and has exceptional long-range capabilities that allow her passengers to enjoy a wide range of distant destinations, from well-known ports of call to secluded escapes. From her immense array of onboard facilities and water toys to the impressively spacious rooms of her interior, Alexander is an ideal charter yacht for both families and corporate groups.

Full of exciting entertainment options, the yacht features a disco bar, 27-seat cinema, children’s playroom and beauty salon among her extensive list of amenities. A special Gazebo reception area, small hospital, gymnasium, music room,  heliport, and attractive pool deck with Jacuzzi are available on board.

Are you interested? CLICK HERE to buy! 

latsis yacht

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latsis yacht

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John S. Latsis, 92, Billionaire Who Built Empire in Shipping

By Paul Lewis

  • April 18, 2003

John S. Latsis, the last of a generation of extremely rich Greek shipowners and businessmen that included household names like Aristotle Onassis and Stavros Niarchos, died on April 17 in Athens. He was 92.

The Latsis business empire included shipping, banks, oil refineries and construction companies. This year Forbes magazine rated him 101 among the world's richest people, with a fortune worth $5.4 billion.

Unlike some of his fellow Greek billionaires, Mr. Latsis pursued neither publicity nor reckless living, keeping himself well away from the public eye. But he did court the powerful and the famous, making friends with kings, presidents, prime ministers and actors.

John Spyridon Latsis was born Sept. 14, 1910, in the southwestern Greek fishing village of Katakolo. He began his working life as a laborer, deckhand and ship's captain. In 1938, he bought his first freighter and he owned a fleet of ships by the 1960's.

He then diversified into construction and the oil business, specializing in projects in the Arab world. In 1969, he established Petrola, the first export-oriented oil refinery in Greece and set up another oil refinery in Saudi Arabia.

Next, Mr. Latsis moved into banking and finance. In 1979, he bought the Deposit Bank in Geneva from the Onassis family. In 1989 he established the Private Bank and Trust Company in London.

In 1999 Mr. Latsis handed over management of his business interests to his son Spiro, who survives him, along with his wife, Erietta Tsoukala, and two daughters, Marianna and Margarita.

Prince Charles, the heir to the British throne, was one of Mr. Latsis's influential friends. He lent his yacht, the Alexandros, to the prince for a second honeymoon with Diana, Princess of Wales, in 1991, and last year Prince Charles borrowed the vessel again for an Aegean cruise with his companion, Camilla Parker-Bowles.

The Latsis yacht has also been lent to former President George Bush and his family, as well as to Colin L. Powell, now secretary of state, and to the actor Marlon Brando.

Mr. Latsis was a close friend of many members of the Saudi royal family. But he angered some Greeks by maintaining close ties with former King Constantine, who was deposed.

In 1991, Mr. Latsis created a political storm in Britain when it was learned he had given the Conservative Party, then in power, a gift of $3 million.

Mr. Latsis devoted some of his fortune to philanthropy, creating the Latsis Foundation, which financed many cultural works including a Greek translation of the Koran. He also made large donations to aid earthquake victims in Greece, Egypt and Armenia.

In 1986, Mr. Latsis sent his 20,000-ton cruise ship, Marianna 9, to the south Greek city of Kalamata to serve as a floating home for more than 900 people left homeless by an earthquake there. He also donated $1.5 million to Prince Charles's charitable foundation, the Prince's Trust.

Mr. Latsis maintained homes in Athens, Geneva and London but was careful not to advertise his wealth. The Guardian in Britain once described his London home, Bridgewater House, not far from Buckingham Palace, as ''almost absurdly accessible and a bit scruffy.''

John Latsis, 93; Billionaire Greek Shipping Magnate and Entrepreneur

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John Latsis, the last of Greece’s shipping billionaires from the postwar boom years whose staggering wealth was used to gain access to world leaders and aid the needy, died Thursday. He was 93.

Latsis’ business empire -- which included shipping, banks, refineries and construction companies -- was worth more than $5 billion by some estimates. His son, Spiro, had taken over most of the family business duties in recent years.

The elder Latsis did not share the passion for publicity or reckless living that marked the lives of his contemporaries such as magnates Aristotle Onassis and Stavros Niarchos. John Latsis took great pains to remain out of the public eye. He rarely gave interviews.

Latsis was born in 1910 in Katakolo, Greece. His first jobs were as a laborer and deckhand. He worked his way up in the merchant marines, becoming a captain and later a shipowner.

He eventually expanded into construction, undertaking major projects in Arab countries to open vital links with some of the world’s main oil producers.

In 1969, Latsis established Petrola, the first export-oriented oil refinery in Greece. He also built and operated a major refinery in Saudi Arabia. Latsis also owned a number of European banks, including London’s Private Bank and Trust Co.

He had homes in Athens, London and Geneva, but tried to keep evidence of his wealth to a minimum. The guest list at Bridgewater House, Latsis’ London home near Buckingham Palace, included some of the most powerful people in the world.

He regularly entertained heads of state and royalty, including members of the Saudi royal family. He angered some Greeks by maintaining a close relationship with Greece’s deposed monarch, Constantine.

Latsis provided his 400-foot yacht, the Alexandros, for use by, among others, Prince Charles and Princess Diana, former President Bush and his family, Secretary of State Colin Powell and actor Marlon Brando.

Latsis also used his vast fortune for philanthropy. He started a foundation that made donations to earthquake victims in Greece, Egypt and Armenia.

He is survived by his wife, Erietta Tsoukala; two daughters; and a son.

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Famous Latsis yacht Alexander up for grabs

The late Greek shipping tycoon John Latsis never believed in doing anything small. Big ships and big business led to a big bank account. And so when it came to buying a private yacht, only the biggest would do.

In 1983, Latsis purchased the 6,000-gt German cruiseship Regina Maris (built 1966) to use as his private floating pleasure palace. Vast sums of cash were splashed out on the ship, which re-emerged as the luxury yacht Alexander.

With luxury digs for 80 guests, and boasting several lounges, dining rooms, and even a full cinema, the Alexander for more than two decades topped the list of the world’s largest yachts owned by private individuals.

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Your Yacht Management Company

PrivatSea manages some of the world’s most famous mega yachts and has been a pioneer in this field since the 1970s.

Since the very beginning, PrivatSea has worked tirelessly to uphold its core values throughout every service: providing a transparent, professional service with every detail accounted for.

As part of the Latsis Group of Companies, PrivatSea leverages an extensive network to offer our clients the highest-quality products and services at competitive prices. With a 360° approach, we offer our clients complete services under one roof from yacht management to project management with a trusted yacht shipyard at hand. As experts in the field and a trusted partner, we tailor bespoke services to fulfil our clients’ needs in-house so they can enjoy their yachts to their maximum potential.

Yacht Management Company

From Trade and Shipping to the Birth of the Yacht Management Company

The Latsis group was founded in Greece in the 1940s by the late John S. Latsis. John S. Latsis’ first entrepreneurial ventures focused on trade and shipping and quickly expanded to diverse business interests such as commercial shipping, energy and real estate.

The Latsis group

In 1949, John S. Latsis, then a young Captain himself, purchased the Laurana to service the small islands around Athens. The vessel was also enjoyed by family and friends, entertained on short cruises.

Inspired by the joy seen amongst his loved ones on these voyages, John S. Latsis established the chartering company Alcyonides and routed the vessel on the Agrosaronic Gulf Line. Shortly after her first voyage in the line, she was renamed Neraida , meaning “fairy” in Greek, after a vote was held on board with the presence of politicians and journalists and the soon-to-be Prime Minister of the country, Nikolaos Plastiras.

Neraida carried passengers almost every day of her career, hosting politicians and celebrities and appearing in Greek and foreign films until 1974 when she retired from service. Her most frequent route was Piraeus – Aegina – Methana – Poros – Hydra – Hermioni – Spetses, but she also used to visit Leonidion, Monemvasia, Salamina, Nafplion, and Epidaurus. But that would not be the end for Neraida, find out how her legacy lives on in The Neraida Floating Museum.

Neraida Floating Museum

The Neraida Floating Museum & Legacy of John S Latsis

After Neraida retired in 1974, she remained laid-up at a Latsis-owned shipyard in Elefsis, Attica, until 2007; John S. Latsis refused to send his lucky ship for scrap. Following John S. Latsis’ death in 2003, his family launched an ambitious project to assemble an archive of his life and work. In 2007, the decision was made to convert the vessel into a floating museum showcasing part of this collection. On 9 September of the same year, she was loaded onto the Maria, a heavy cargo vessel, for the voyage to Sibenik in Croatia, where a three-year refit took place. Finally, in April 2010, the vessel returned under her own steam to Elefsis.

Yacht Charter Company Alcyonides

On February 6, 1963, the newly established Yacht Charter Company Alcyonides sent personal letters to companies and entrepreneurs in Athens and abroad promoting a new and unique kind of luxury vacation: sailing on a private charter yacht.

Alcyonides managed five classic wooden yachts, built in and around the Greek islands and the Mediterranean. Each vessel was constructed in the old and classic Greek shipbuilding tradition in Perama, Athens. The wooden boats boasted Rolls-Royce engines and reached speeds of 10 knots, all held Lloyds certificates, and could accommodate up to 12 passengers.

Henriette - a 53-meter yacht built in 1949

In 1977, the acquisition of Henriette – a 53-meter yacht built in 1949 – signalled the entrance of the company into the pleasure yacht industry. Gradually, the company became involved in yacht management , conversions, yacht refits , operations, charter and brokerage.

The 58 MY Henriette was designed by the New York-based Naval Architect and Marine Consultant John Wells (1879-1962). She was built by welding shipyards in Norfolk, Virginia and was launched in 1950. At the time, the yacht represented the pinnacle of American Shipbuilding and was the finest example of the true craftsmanship that characterized the yachts of her era. In 1977, the yacht was brought by the late John S. Latsis and her acquisition signalled the transition of the Latsis Group into the yacht management business.

Sete Yacht Management was established in 1998 and was followed by PrivatSea in 2004.

PrivatSea a yacht management company

PrivatSea Today

Today PrivatSea is a trusted yacht management company, known for its management and project management services.

Our core principles remain the same: to provide a transparent, professional service with every detail accounted for. We continue to strive for improvement to offer an exceptional service to all. We understand the importance of efficiency and conscientiousness which is why teamwork is a top priority, always working to improve as individuals and as team members.

We continue to leverage our extensive network as part of the Latsis Group, sharing the benefits with our clients from priority services to the procurement of the highest-quality products from trusted sources. This network sets us apart, able to provide complete yacht services as one dependable provider.

Our clients are truly at the heart of what we do, relieving our clients of the related stresses of yacht ownership is an honour and privilege.

A message from our Chairman, Mr Xenakis

“As the numbers of mega yacht owners grow, so does their need for movement, connectivity, simplicity and opulence, all manageable through customised services and discretion. And what better way to fulfil all the above needs than being onboard their yacht, equipped like a state-of-the-art company headquarters, while offering services of a seven-star hotel? I would easily guess that the need for floating headquarters in the form of super yachts will multiply in the coming years, reinventing the way of conducting business while being on the move. And we will be waiting to assist.”

The LATSIS GROUP COMPANIES

#51 Spiro Latsis & family

Distribution of billionaires by residence.

For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 13, 2006.

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40 facts about elektrostal.

Lanette Mayes

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

40-facts-about-elektrostal

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

  • Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
  • With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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‘Total Disgrace’: Anger, Frustration as Mass Heating Failures Across Russia Leave Thousands in the Cold

P ODOLSK, Moscow region – Residents throughout Russia affected by unprecedented winter heating outages in recent days have expressed their frustration and urged local authorities to restore heating in their homes.

In Podolsk, a town some 30 kilometers south of the capital Moscow, at least 149,000 residents — nearly half of its population — were left without heating when a heating main burst at a nearby private ammunition plant.

“It’s a total disgrace. There is no heating and no hot water. We have to sleep in sleeping bags,” Yuri, a local resident, told The Moscow Times.

“I have no words to describe how bad the situation is," said Yuri, who declined to provide his surname. "We have had no heating for almost six days."

Heating issues have affected residents in the Moscow region, where temperatures have plunged to as low as minus 20 degrees Celsius in the past week, as well as people in the Far East Primorye region , the cities of Moscow and St. Petersburg , Penza , the southern Voronezh and Volgograd regions and more.

In the Tver region, a group of residents filmed an appeal to President Vladimir Putin, saying that they “are freezing from the cold” in the village of Novozavidovsky.

“We're literally being killed by the cold,” a woman in the video said, adding that they have been sending requests to local authorities since September after their houses were connected to a boiler room whose power was reportedly insufficient.

“This is some kind of torture and extermination of the population 100 kilometers from Moscow,” she added.

Residents of the Moscow region town of Elektrostal lit a fire in the street to draw the authorities’ attention to the heating problem.

“It’s impossible to stay in our houses. We're freezing!” a group of women in the video said.

Suffering from subzero temperatures, residents are placing the blame on local authorities and utility services for failing to take necessary precautions and not taking action to resolve the situation.

“We are sending complaints everywhere but no one listens to us. We have portable heaters working in every room, but the temperature inside is still 10 degrees Celsius,” Yelena from Podolsk said.

“There is a clinic and a hospital, as well as kindergartens, where there is no heating. And we have no answers, no assistance, no explanation,” Yelena added.

Podolsk authorities opened temporary heating centers and declared a state of emergency.

Local authorities linked the heating problems to the fact that the town is heated by a boiler plant owned by the Klimovsk Specialized Ammunition Plant, a private ammunition factory and one of the largest weapon cartridge production enterprises in the country.

“The facility is under tight security conditions, which limits our ability to oversee winter preparations,” the Moscow region’s Vice Governor Yevgeny Khromushin said last week. “We were unaware of the problem for nearly a day.”

An unidentified Moscow region official and two senior executives at the plant were arrested on suspicion of providing unsafe services, Russia’s Investigative Committee, which probes major crimes, said in a statement Tuesday.

Investigators said that Podolsk’s deputy mayor was accused of misusing authority by issuing a readiness certificate for the boiler house at the plant.

In the neighboring Tver region, the authorities opened a criminal case over the laundering of over 84 million rubles ($938,993) in heating bills paid by residents, the Astra Telegram channel reported this week, citing unidentified sources. According to investigators, the heads of the local water intake and boiler house misappropriated the heating payments for personal use.

Reacting to the heating failures, Putin on Tuesday asked Emergency Situations Minister Alexander Kurenkov to provide heat and electricity to the affected residents.

The outages appear to be the latest effect of several decades of crumbling infrastructure in Russia which have been linked to endemic corruption and mismanagement.

The overall decay of Russia's municipal infrastructure surpassed 70% in 2022, the pro-Kremlin newspaper Izvestia reported .

According to Sergei Pakhomov, head of the State Duma’s Construction, Housing and Utilities Committee, water pipes that were 90 years old or even older were still in use as recently as two years ago in some cases.

Housing, utilities and communal services are a common source of problems for Russians during the winter.

In St. Petersburg, residents regularly complain about extensive ice coverage on city streets and sidewalks, with many people ending up in the hospital over the years due to slipping and falling accidents.

In the Siberian republic of Khakassia, two villages were left without electricity last month due to apparent issues with outdated communication systems.

In the winter of 2020, five people in the Perm region were killed after a pipe burst.

When asked about the latest heating outages, Kremlin spokesman Dmitry Peskov acknowledged the problems and linked them to poor municipal infrastructure, saying that people “had to endure a lot of inconvenience in the cold and without electricity.”

"Despite all the titanic efforts to update all housing and communal services systems, there's still a certain part that remains considerably deteriorated. These programs will continue, but it is impossible to update all pipes and all housing and communal services systems in 10-15 years,” Peskov said.

As for now, residents affected by heating issues appear to lack optimism that the problems will be solved efficiently.

"It's been a week since we've had heating, and the temperature in my apartment is around 11 degrees Celsius,” Podolsk resident Lidiya told The Moscow Times.

“Unfortunately, no one knows when it will be repaired,” she added.

‘Total Disgrace’: Anger, Frustration as Mass Heating Failures Across Russia Leave Thousands in the Cold

IMAGES

  1. ALEXANDER Yacht • Spiro Latsis $150M Superyacht

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  2. SPIRO LATSIS

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  3. John Latsis' Yacht

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  4. ALEXANDER Yacht • Spiro Latsis $150M Superyacht • Lubecker • 1966

    latsis yacht

  5. Dr. SPIROS LATSIS: Diving Deep into the Life and Business Ventures of

    latsis yacht

  6. ALEXANDER Yacht • Spiro Latsis $150M Superyacht

    latsis yacht

COMMENTS

  1. ALEXANDER Yacht • Spiro Latsis $150M Superyacht

    Spiros Latsis, who inherited a considerable part of the family fortune from his father, Greek shipping magnate Yannis Latsis, passed on the yacht's ownership a few years ago to the Royal Family of Saudi Arabia. Understanding the Valuation of the Luxury Yacht Alexander. The yacht Alexander comes with a hefty value of $150 million, ...

  2. SPIRO LATSIS • Net Worth $2.7 Billion • House • Yacht

    Latsis Yacht Alexander. He was the owner of the motor yacht Alexander. He sold her to the Royal Family of Saudi Arabia. The luxury yacht Alexander, initially named Regina Maris, was constructed by German company Lubecker Flender Werke in 1966.

  3. Spiro Latsis & family

    The Latsis siblings own a 300-passenger private cruise ship that is chartered out through their yacht services company, PrivatSea. He has been a Visiting Professor at Harvard University Graduate ...

  4. Iconic Yachts: This royal history of 122m superyacht Alexander

    The real Alexander was launched in Germany in 1965 by Lubecker Flender-Werke. The vessel was purchased by Greek shipping magnate John Latsis in 1983 and is said to have been named after Alexander the Great. She underwent a conversion, in which no expense was spared, from cruise ship to private yacht, to become Latsis's floating pleasure palace.

  5. Alexander (yacht)

    The yacht was owned by the Latsis family until 2015. Design. The vessel is of steel construction with teak decks. The yacht's overall length is 121.83 meters (399 ft 8 in), and her length at waterline is 104.6 m (343 ft 2 in). Her beam is 16.9 m (55 ft 5 in) and a draft of 5.8 m (19 ft 0 in). The yacht is ...

  6. 122.0m Alexander Superyacht

    The yacht does not belong to the Latsis Family since 2015. Alexander cruises comfortably at 16 knots and has exceptional long-range capabilities that allow her passengers to enjoy a wide range of distant destinations, from well-know ports of call to secluded escapes. From her immense array of onboard facilities and water toys, to the ...

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    Luxury motor yacht Alexander, originally purchased by Greek shipping tycoon John S. Latsis, is now for sale marking the end of an era. The yacht has welcomed royal guests from Buckingham palace ...

  8. Yiannis Latsis

    Ioannis "Yiannis" Latsis (Greek: Ιωάννης "Γιάννης" Λάτσης; 14 September 1910 - 17 April 2003), also known as John Spyridon Latsis, was a Greek shipping multi-billionaire tycoon notable for his great wealth, influential friends, and charitable activities.. The year of his death (2003), Forbes magazine ranked Yiannis Latsis number 101 on its list of the world's richest ...

  9. Spiros Latsis

    Spiros J. Latsis (Greek: Σπύρος Λάτσης; born 1946) is a Greek billionaire, and business magnate. He is the son of the late tycoon Yiannis Latsis , who died in 2003. [1] In 2018, Spiros Latsis ranked #729 on the Forbes World's Billionaires list, with wealth listed at US $3.2 billion.

  10. John S. Latsis, 92, Billionaire Who Built Empire in Shipping

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  11. John Latsis, 93; Billionaire Greek Shipping Magnate and Entrepreneur

    Latsis provided his 400-foot yacht, the Alexandros, for use by, among others, Prince Charles and Princess Diana, former President Bush and his family, Secretary of State Colin Powell and actor ...

  12. End of an era as Latsis superyacht placed on market

    The first wooden yacht acquired by Latsis was the Neraida (built 1939), which he bought in 1949. Even after it was taken out of service, the Neraida was kept in lay-up in Elefsis for more than 30 ...

  13. Famous Latsis yacht Alexander up for grabs

    Spiros Latsis, heir to the Latsis empire, inherited a fleet of yachts after his father died in 2003. The largest is the 8,300-gt Turama (built 1990), another former cruiseship acquired in 2003.

  14. The Company

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    The extravagant mega yacht "Alexander" owned by Yiannis Latsis also remains unsold. It is about 122 meters and was manufactured in 1966 in a German shipyard. It was manufactured to be a cruise boat. "Alexander" is included on the list of most luxurious yachts in the world and features a disco-bar, a 27-seats cinema, a gym, a beauty ...

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    6. Spiro Latsis' Passion for Yachting. One of Spiro Latsis' personal interests lies in yachting. He is an avid yacht enthusiast and owns several luxurious vessels. Latsis and his family often enjoy sailing in the Greek islands, combining their love for the sea with their passion for travel and exploration. 7.

  19. The Life and Success Story of Greek Businessman Dr. Spiros J. Latsis

    Explore the life, significant investments, and substantial net worth of Greek billionaire businessman Dr. Spiros J. Latsis, the heir to the notable Latsis family fortune. His net worth is $2.7 billion. He is owner of the yacht Alexander.

  20. About the company

    About the company. In 1995 it was registered in Moscow representative office of «Granaria Food Group bv», which began to explore the potential of the Russian market. In February 1996, the company was founded by «Chaka», which started selling nuts under the brand name «Chaka» on the Russian market. In September 1998, Elektrostal (Moscow ...

  21. 40 Facts About Elektrostal

    40 Facts About Elektrostal. Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to ...

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  23. 'Total Disgrace': Anger, Frustration as Mass Heating Failures ...

    PODOLSK, Moscow region - Residents throughout Russia affected by unprecedented winter heating outages in recent days have expressed their frustration and urged local authorities to restore ...