The G.M. Lianozov Sons was a Russian oil business founded by a family of oil industrialists of

Armenian Armenian may refer to: * Something of, from, or related to Armenia, a country in the South Caucasus region of Eurasia * Armenians, the national people of Armenia, or people of Armenian descent ** Armenian diaspora, Armenian communities around the ...

descent that operated in

Baku Baku (, ; ) is the Capital city, capital and List of cities in Azerbaijan, largest city of Azerbaijan, as well as the largest city on the Caspian Sea and in the Caucasus region. Baku is below sea level, which makes it the List of capital ci ...

. The G.M. Lianozov Oil firm eventually became one of the largest oil firms in all of Russia. The family also contributed to caviar fisheries in the Caspian sea. The family started its business investments through Martin Lianozov, who invested heavily in the fisheries of the Caspian Sea and in 1873 signed a contract with the government of Persia through which he acquired the rights to the entire fishing industry of the southern Caspian Sea. The company, which exported caviar and fish, eventually was reported to have received a net profit of half a million rubles by 1913. The success of the company sparked new investments into other major business opportunities such as the newly founded oil in Baku.

In 1907 Stepan Lianozov (1871 - 1951) founded "G.M. Lianozov Sons" in

Moscow Moscow is the Capital city, capital and List of cities and towns in Russia by population, largest city of Russia, standing on the Moskva (river), Moskva River in Central Russia. It has a population estimated at over 13 million residents with ...

with 2 million rubles as founding capital. Stepan Lianozyan's impact on the oil industry in Baku was considerable. He attracted and managed numerous investments in the Baku oil industry, which started a revolution in world oil production and brought his company ''OIL'' as the top petroleum company in Baku and third largest oil producer in the world. In 1912 Stepan Lianozov and Levon Mantashov (Son of

Alexander Mantashev Alexander Mantashev (, Aleksandr Mantashiants; , Aleksandr Ivanovich Mantashev; 3 March 1842 – 19 April 1911) was a prominent Russian oil magnate, industrialist, financier, and a philanthropist of Armenian origin. By the end of his life he h ...

), sold most of their stock to Petersburg banks which ultimately led to the foundation a new corporation, Russian General Oil Corporation or OIL on July 28, 1912, in which 2,500,000 million pounds were used as founding capital in London. OIL eventually bought a number of oil production companies in Baku, such as " Mirzoev brothers and Co.", "A.S. Melikov and Co", "Shikhovo" (A. Tsaturyan, G. Tsovianyan, K. and D. Bikhovsky, L. Leytes), "I.E. Pitoev and Co", "Krasilnikov Brothers", "Aramazd" and others.Хачатур Дадаян - Армяне и Баку; Нораванк, Ереван, 2006 The G.M. Lianozov trading enterprise eventually became one of the largest oil industry firms in Russia. The chairmanship included Russian prominent businessman P. Lejdnovsky and A. Putilov, and the chairman was Stepan Georgievich Lianozov.

References

{{Portal, Russia, Energy Armenian diaspora in Asia Armenians in Azerbaijan Defunct oil companies of Russia Armenian businesspeople in the oil industry