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A $20 Billion ‘Merger’ Wrong-Foots the Arbitrageurs

Takeovers that start badly often finish the same way. When news of a deal causes a bidder’s share price to fall 13% in a matter of days, the path to completing the transaction becomes blurred. That’s where Smurfit Kappa Group Plc finds itself following its agreement to buy US peer WestRock Co. to create a paper-and-packaging behemoth.

The attractions for WestRock shareholders are plain. Their stock has been drifting, and Tuesday’s offer to combine with Smurfit is a welcome boost. On the bidder’s last closing share price, the cash-and-stock terms value WestRock at $43.51 per share, or $11 billion. That’s a 36% premium to the target’s value just before talks leaked last week, with nearly half of that top-up to be paid in cash. 

Smurfit shareholders, though, aren’t happy. They — and the merger arbitrageurs — were expecting something resembling an all-share, nil-premium transaction. Crunching together the firms at their pre-deal market values would have seen Smurfit’s side take 56% ownership. Even with the cash component, the terms see each set of shareholders own about half of the enlarged company. Small wonder Smurfit’s stock has been taking a pounding, in turn dragging down the value of its bid.

The ostensible defense of this arrangement is that it values both companies at the same multiple of profit as measured by earnings before interest, tax, depreciation and amortization. WestRock has been trading at a lower valuation than Smurfit; the deal treats them equally.

The reality is that the premium reflects the fact that this isn’t the merger it’s billed as, but a takeover by Smurfit — and so compensation is being paid for the change of control. True, Smurfit will lose its Irish listing and leave the FTSE-100 index as it takes a primary listing in the US. But the Dublin-based buyer will be in the driving seat operationally and strategically, with current Chief Executive Officer Tony Smurfit keeping his role.

For this to work, synergies will need to exceed the annual $400 million anticipated. In present value terms, these could be worth around $3 billion, net of integration costs, and each side’s investors would share that equally as it’s realized. Rightly, Smurfit shareholders don’t view the likely benefits as big enough to justify the outlay. There may be scope for cross-selling to boost revenue — but that opportunity is currently theoretical.

Might the situation may be tempting to an activist who sees the chance to make a quick gain by killing the deal and repairing the damage to Smurfit’s share price? Much depends on Smurfit’s core investors, including BlackRock Inc. and Norway’s sovereign wealth fund, and whether Tony Smurfit can convince them that the transaction offers more upside. Hitting the road and selling an unpopular deal can work to change sentiment: BT Group Plc’s incoming boss, Allison Kirkby, once salvaged a poorly received takeover as head of Swedish telecoms group Tele2 AB. 

There’s plausible notion that the Smurfit crew can run WestRock a lot better. WestRock’s profit margin is expected to be around 14% in its 2024 financial year, versus Smurfit’s 17%. But Smurfit has a job on its hands to demonstrate why this is a better deal than the numbers suggest.

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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper.

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How I plan to spend €660m – Tony Smurfit

CEO Smurfit Kappa on why now is the right time for a war-chest

‘Clogs to clogs in three generations’ is an aphorism so often used that, presumably, there is some science behind it. What it means is that families have been known to start poor, make wealth and go back to relative poverty over those three generations.

Of course, there are always exceptions to rules, the Smurfit family being an excellent example of that. Their business was started three generations ago by the late Jefferson Smurfit . It was taken over by one of the giants of Irish business, Michael Smurfit , who transformed the packaging conglomerate in the 1980’s. It was a quoted company, it was brought private and then refloated. Michael stepped away from the business but his son Tony Smurfit had started his climb up from the very bottom (deliberately done by his dad) to the very top of the €9 billion market cap organisation that he now has led for the past five years. During that time Tony has faced the same criticism that faces all leaders, he has faced down a takeover bid by International Paper and most recently he has overseen the raising of a €660 million war-chest to take advantage of whatever spoils Covid may leave in its wake.

Son of the father

Interesting in our chat with Smurfit Kappa (following a merger with Kappa) CEO we learn that he rings his dad, Monaco resident Michael, twice a day. This is a measure of the respect that the son has for the father. Having steered a small company onto the world stage Michael has seen it all and knows who’s who, and what’s what, so presumably there’s no better mentor to run things by? But there are others who advise Tony and he was fulsome in his praise of his CFO Ken Bowles and equity adviser Mark Kenny for coming up with the idea of raising well over half a billion Euro ‘just in case’.

He was also quick to say that he won’t be retiring. More precisely he said his time may come at Smurfit Kappa but that he would continue in business always because it’s not work, it’s what he enjoys. As a director of several different companies across different sectors he still feels he would like to stay in an industry close, but not competing, with Smurfit Kappa, should he ever down tools at the Clonskeagh, Dublin based multinational.

46,000 employees worldwide

He is very specific that one thing he loves is meeting with his colleagues that number 46,000 across 35 countries. During Covid he does this by arranging 3 Zoom or Team calls a day, lasting over 30 minutes each and involving up to 15 senior facility managers on each call – that’s a lot of concentrated calling every day of the week, especially when you consider every time zone across the world that he must accommodate. But again, you’ll hear in his candid answers, it’s a pleasure for him to maintain those contacts. (Pre-Covid Tony used to travel up to 250 days a year, visiting those plants in person – and there’s no private Smurfit jet!).

American football

We learn that for downtime, beside his well-known love of bloodstock, that Tony finds betting on American football a frustration as he so rarely gets it right. A discussion about American football leads nicely into Tony and Irish rugby legend and co-host Jamie Heaslip discussing the wonders of the incredible athlete, Patrick Mahomes – a man whose sporting prowess may have led to the dropping of some Smurfit dollars along the way.

All in all a nice man, proving you don’t have to be nasty to be good in business and hopefully also proving, equally, that ‘clogs to clogs’ need not be true.

Espisode 14 That Great Business Show with Tony Smurfit

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Business Person of the Month September 2023: Tony Smurfit oversees merger of Smurfit Kappa and WestRock

Pictured (L-R): Tony Smurfit, CEO, Smurfit Kappa

Tony smurfit is chief executive officer of smurfit kappa, which is soon to merge with westrock to become smurfit westrock, ‘one of the world’s largest paper and packaging producers’.

Tony Smurfit is CEO of Smurfit Kappa. He was appointed in August 2015, succeeding business veteran Gary McGann.

Previously, he worked in several roles within the group in Europe and the US since joining over 20 years ago. He served as chief operations officer between 2002 and 2015, and chief executive of Smurfit Europe between 1999 and 2002.

He then guided through a merger with Kappa Packaging in 2005, creating a worldwide packaging giant.

Smurfit WestRock

Earlier this month, it was announced that Smurfit Kappa would merge with WestRock, in a deal worth approximately $20 billion. The announcement was made by both companies on 12 September.

The new group will be titled Smurfit WestRock. According to a statement released by both companies, it will be the “largest listed global packaging partner by revenue.”

The deal will see both companies combine to form a giant that produces paper-based storage boxes, bottle packaging, paper sacks, e-commerce shipping materials, and more.

Tony Smurfit will continue in his capacity as chief executive officer of the new company.

Combined adjusted 12-month revenue of both companies is about $34 billion (€31.7 billion) for the year end 30 June.

Commenting on the merger, Tony Smurfit, CEO of Smurfit Kappa, said: “This incredibly exciting coming together of our two great companies is a defining moment within the global packaging industry. Smurfit WestRock will be the ‘Go-To’ packaging partner of choice for customers, employees and shareholders. We will have the leading assets, a unique global footprint in both paper and corrugated, a superb consumer and specialty packaging business, significant synergies, and enhanced scale to deliver value in the short, medium and long term.”

Echoing his sentiments is David Sewell, CEO of WestRock, who said: “We look forward to working with Smurfit Kappa to build a leading global platform that harnesses the strength of WestRock’s consumer portfolio, presents a truly comprehensive offering of packaging solutions for customers and delivers meaningful value to our shareholders today and into the future.

“Smurfit Kappa shares our deep commitment to innovation across the packaging lifecycle, and we are confident that Smurfit WestRock will continue to lead the industry forward. I’m grateful to WestRock’s team members, whose hard work has made this combination possible, and excited for the many opportunities that will arise from becoming part of the partner of choice in our industry.”

Historic Moments

Smurfit Kappa’s corporate timeline is filled with historic moments. The group’s evolution is chronicled from general box-makers Jefferson Smurfit in 1934 via its Irish Stock Exchange listing in 1964, the merger with Kappa Packaging in 2005, the close of the Gary McGann era in 2015 and the appointment of Tony Smurfit.

December 2016 provided yet another highlight in a remarkable story of growth for the firm and its CEO – as Smurfit Kappa Group entered the FTSE 100, the index of the highest-capitalised companies on the London Stock Exchange.

Tony Smurfit is the son of Michael Smurfit and grandson of Jefferson Smurfit, he joined Smurfit Kappa over 20 years ago.

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Smurfit’s latest deal could surpass father’s legacy

By agreeing Smurfit Kappa’s merger with West Rock, the low-key scion of the famous packaging family is set to leave his own distinctive mark

• Matt Cooper
• September 10, 2023

Tony Smurfit was made to wait for his tilt at the top job at his father’s market-leading firm.

Rising to the top of Smurfit Kappa, as his once privately owned family business came to be known, was not guaranteed by his name, and could not be gifted to him by Michael, his father, who retired as executive chairman in 2007, 30 years after he had become chief executive.

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Smurfit Kappa merger target CEO in line for golden parachute of up to €33m

Westrock boss david sewell set to leave business once smurfit deal completed.

The planned tie-up of Smurfit Kappa and WestRock will create Smurfit WestRock, the world’s biggest packaging group with $34bn of annual revenues. Photograph: Luke MacGregor/Bloomberg

The head of a US merger target of Smurfit Kappa is in line for a potential “golden parachute” award of as much as $36.9 million (€33.4m) as he exits the company after the deal is completed.

Atlanta-based packaging group WestRock’s chief executive David Sewell will leave the company once the $21 billion-plus tie-up goes through next year, the company confirmed after the deal was announced in September. Documents filed earlier this month with the US Securities and Exchange Commission (SEC), ahead of WestRock’s annual general meeting (agm) in January for the financial year to September, highlight the amount Mr Sewell potentially stands to receive for a “good reason termination” following a change of control of the company.

This includes a $9.34 million severance payment, $2.56 million payable under a short-term incentive programme, $34.3 million of stock awards that would vest, as well as health and welfare and outplacement payments.

WestRock’s chief financial officer, Alexander Pease, who is also set to leave the business on completion of the merger, stands to receive a $9.66 million package on his exit, according to the filing.

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However, the final awards, to be published ahead of a special WestRock shareholder meeting on the planned merger, may differ from the figures presented in the recent pre-agm filing, known as an annual proxy statement.

“The disclosure in our 2024 annual proxy statement related to potential payments to Mr Sewell following termination after a change in control event reflects calculations and assumptions as of September 30th, 2023, pursuant to Securities and Exchange Commission rules,” a company spokesman said. “Information regarding specific amounts payable to Mr Sewell or any other named executive officer in connection with the proposed transaction will be presented in the proxy statement/prospectus relating to the special meeting and the transaction, which will be publicly available prior to the stockholder vote.”

The planned tie-up will create Smurfit WestRock, the world’s biggest packaging group with $34 billion of annual revenues. It is essentially a takeover by Smurfit Kappa that will see the group headquartered in Dublin, but will result in its Irish stock market quotation being dropped as it moves its main listing from London to Wall Street. Smurfit Kappa chief executive Tony Smurfit and chief financial officer Ken Bowles are set to run the enlarged group.

A largely share-based deal, expected to be completed in the second quarter of next year, will see Smurfit Kappa shareholders end up with 50.4 per cent of the business.

An activist fund, UK-based Primestone Capital, which owns 0.8 per cent of Smurfit Kappa’s shares, came out last week against the merger, arguing that WestRock’s assets are of “significantly lower quality” with a higher cost base than that of other competitors. Instead, Smurfit Kappa should look again at a combination with International Paper (IP), the Memphis-based company which led an abortive attempt in 2018 to acquire the Irish group. However, few in the market believe that Primestone’s criticism will trigger a rethink by Smurfit Kappa.

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Tony Smurfit, CEO Smurfit Kappa, interview with CNN's 'Quest Means Business' programme

Watch the interview with our ceo tony smurfit when he joined richard quest live on cnn's 'quest means business' programme. during the interview, tony discussed our recent half-year results, the post-pandemic world, the economy and how we are achieving real and tangible reductions in carbon emissions. (recorded 10th august 2023).

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Sir Michael Smurfit, Chairman, Smurfit Kappa: 'They used to look on me as a Paddy chancing his luck. It's a mistake they only made once'

The irish tycoon might have sold his packaging empire but he still has plenty on his plate, like the ryder cup, article bookmarked.

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Sir Michael Smurfit is on a roll. The Irish paper and packaging tycoon is about to realise one of his cherished ambitions: in September, Ireland will host the 36th Ryder Cup at the K Club, the County Kildare country estate his company acquired in 1987. Sir Michael transformed it into a luxury hotel and golf venue, and has nurtured a dream to host the famous America-Europe tournament for nearly 20 years.

As he recalls telling David Adamson, his director of golf, in 1991: " 'One day, David, the Ryder Cup will be here.' He laughed at me as we stood at the first tee. Well, he's not laughing now."

It's a foolish person who underestimates Sir Michael, who was knighted for services to British business last year. Over four decades, along with his brothers Dermot, Jeff and Alan, he built up his father's company, Jefferson Smurfit, into a business worth billions. When it was first floated on the Irish Stock Exchange in 1964, its market value was the equivalent of just €1.5m (£1m).

Much of the growth was born of necessity. "Back in the 1960s I could see that Irish industries were about to get clobbered when the government negotiated the Anglo-Irish free trade agreement," says Sir Michael. "We needed to get into new markets. I persuaded my father we should expand into England and America."

With his father convinced, the eldest son went on a spending spree. He found his early attempts to crack the US difficult, but evidently refused to let any prejudice stand in his way. "They used to look upon me as the Paddy over on the boat, chancing his luck. It's a mistake they only made once."

The acquisitions rolled and in 1998 Jefferson Smurfit Corporation, its US arm, merged with Stone Container Corporation of Chicago. The deal created Smurfit-Stone Container, America's largest producer of containerboard, and confirmed Jefferson Smurfit as a member of the global league, employing around 70,000 staff in more than 30 countries.

"To this day I cannot believe our competitors allowed us to get to this position," says Sir Michael, who started working in the family's box factory as a teenager in 1955. "In their shoes, I'd have taken pre-emptive steps to halt our growth."

His biggest deal, though, came four years later when he helped oversee the sale of Jefferson Smurfit to private equity firm Madison Dearborn Partners for $3.5bn (£1.9bn). "I knew the shareholders would get the premium that the shares deserved by going this route," says Sir Michael.

He and his family are now worth £274m, and the head of the clan has all the usual trappings of wealth - appearances in the gossip columns, a home in Monaco and, apparently, one of the world's biggest yachts.

Not that Sir Michael has cashed in his chips to spend his days lounging on the yacht. He is chairman of Smurfit Kappa (Jefferson Smurfit changed its name in 2005 after acquiring Dutch rival Kappa Packaging), a substantial shareholder and chairman emeritus of Smurfit-Stone Container - a role he describes, with a smile, as "no pay and no say".

He also keeps abreast of developments through his 42-year-old son. "I was lucky to persuade Tony to join me in the business and he's now chief operating officer," he explains. "Lucky, because the packaging industry has to compete hard these days to attract and retain the brightest and the best."

Sir Michael also remains an active investor. The K Club, for instance, was originally acquired by Jefferson Smurfit but Sir Michael, along with property developer Gerry Gannon, now owns it after a buyout last year.

He readily admits to being impatient and still unable to kick the work bug even though he has just turned 70. "I'm now only travelling 300 hours per year and generally put in a six-hour day instead of 12." It remains a demanding schedule but he has never known any different. "I've been in the family business since I was 16 and learnt most of what I know from my father Jefferson. He was an enormous influence on my career."

These days his time is split between Ireland, the US and Monaco, where he is the honorary Irish consul. He has dual nationality (British and Irish) and is a tireless ambassador for Irish businesses and entre- preneurs from all walks of life. Among those he admires are Sir Philip Green, the Barclay brothers and fellow countryman the financier Dermot Desmond.

So what advice would one of Ireland's business elite give to an aspiring entrepreneur? "Find a niche, a speciality business, and stick with it. In my day the packaging industry was fragmented, decentralised and full of cartels. It was easier to get in under an umbrella and take the big boys on. Today, knocking on Proctor & Gamble's door trying to sell boxes as a newcomer is just a waste of time.

"Find a niche. And never give up. There'll be times when you want to - when you fail. That's when you have to stick with your ambition." Because as Sir Michael will attest in September, when his golf club finally plays host to one of the world's most prestigious sporting events, ambition can get you out of the rough and on to the leaderboard.

Sir Michael Smurfit

BORN: 7 August 1936.

1955: joins Jefferson Smurfit, his father's company.

1967: appointed joint managing director of Jefferson Smurfit.

1969: deputy chairman.

1977: appointed chairman and chief executive.

1999: chairman, Smurfit-Stone Container.

2002: sells Jefferson Smurfit but retains chairmanship.

2003: made chairman emeritus of Smurfit-Stone Container.

2005: Jefferson Smurfit acquires Kappa Packaging, changing its name to Smurfit Kappa.

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Strange Glow Over Moscow Skies Triggers Panic as Explosions Reported

B right flashes lit up the night sky in southern Moscow in the early hours of Thursday morning, new footage appears to show, following reports of an explosion at an electrical substation on the outskirts of the city.

Video snippets circulating on Russian-language Telegram channels show a series of flashes on the horizon of a cloudy night sky, momentarily turning the sky a number of different colors. In a clip shared by Russian outlet MSK1.ru, smoke can be seen rising from a building during the flashes lighting up the scene.

Newsweek was unable to independently verify the details of the video clips, including when and where it was filmed. The Russian Ministry of Emergency situations has been contacted via email.

Several Russian Telegram accounts said early on Thursday that residents of southern Moscow reported an explosion and a fire breaking out at an electrical substation in the Leninsky district, southeast of central Moscow.

Local authorities in the Leninsky district told Russian outlet RBC that the explosion had happened in the village of Molokovo. "All vital facilities are operating as normal," Leninsky district officials told the outlet.

The incident at the substation in Molokovo took place just before 2 a.m. local time, MSK1.ru reported.

Messages published by the ASTRA Telegram account, run by independent Russian journalists, appear to show residents close to the substation panicking as they question the bright flashes in the sky. One local resident describes seeing the bright light before losing access to electricity, with another calling the incident a "nightmare."

More than 10 villages and towns in the southeast of Moscow lost access to electricity, the ASTRA Telegram account also reported. The town of Lytkarino to the southeast of Moscow, lost electricity, wrote the eastern European-based independent outlet, Meduza.

Outages were reported in the southern Domodedovo area of the city, according to another Russian outlet, as well as power failures in western Moscow. Electricity was then restored to the areas, the Strana.ua outlet reported.

The cause of the reported explosion is not known. A Telegram account aggregating news for the Lytkarino area described the incident as "an ordinary accident at a substation."

The MSK1.ru outlet quoted a local resident who speculated that a drone may have been responsible for the explosion, but no other Russian source reported this as a possible cause.

Ukraine has repeatedly targeted Moscow with long-range aerial drones in recent months, including a dramatic wave of strikes in late May.

On Sunday, Moscow Mayor Sergei Sobyanin said the region's air defense systems had intercepted an aerial drone over the city of Elektrostal, to the east of Moscow. No damage or casualties were reported, he said.

The previous day, Russian air defenses detected and shot down another drone flying over the Bogorodsky district, northeast of central Moscow, Sobyanin said.

There is currently no evidence that an aerial drone was responsible for the reported overnight explosion at the electrical substation in southern Moscow.

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40 facts about elektrostal.

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

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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• FightCenter #
• Sengoku 6 Sengoku 6
• Doerksen vs. Takeuchi Doerksen vs. Take...

Joe Doerksen vs. Izuru Takeuchi

Fighter Comparison

Bout information, event poster.

Fight Details

• Event: Sengoku 6
• Date: Saturday 11.01.2008
• Referee: Tomoki Matsumiya
• Venue: Saitama Super Arena
• Enclosure: Ring
• Location: Saitama, Japan
• Bout Billing: Main Card (fight 5 of 11)
• Pro/Am: Professional
• Weight: 84 kg (185.2 lbs)
• Doerksen Total Disclosed Pay: Doerksen Disclosed Pay: None Disclosed
• Takeuchi Total Disclosed Pay: Takeuchi Disclosed Pay: None Disclosed
• Tournament: Sengoku 2008 Middleweight Grand Prix
• Tournament Round: Alternate

Event Discussion

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