Alexey A. Tyutin & Noppadon Khamsai

Alexey was born in Novosibirsk, Russia on March 24, 1968, and holds three Master’s degrees – one in Mechanical Engineering from Novosibirsk State Technical University, one in Finance Management from the State Central Institute of Raising Managers’ & Specialists’ Qualifications of the Russian Ministry of Nuclear Energy, and one in Business Administration from Rochville University, USA.

Prior to coming to the shores of Thailand in 2004, Alexey spent 14 years working in his home state of Novosibirsk in Russia. Under the umbrella of Elektron (Electron) Construction & Assembly open joint-stock company, he gained a wealth of experience in his position as the Director General of various subsidiaries namely, Variant state company from 1990 -1994, Electron Real Estate closed joint-stock company in 1995, and Elektron (Electron) Construction & Assembly’s HQ itself as its Financial Director from 1997 – 2001. From 2001 – 2002, Alexey worked at Promstalkonstruksiya OJSC (PSK Plant OJSC), a reputable leading company specializing in metal-working and production of large metal structures as its Chairman of the Board of Directors.

Although his first taste of the food industry occurred when he was at Variant, Alexey only became more passionate and knowledgeable about the food sector when he joined the Siberian Food Company Ltd. as its Marketing Director in 2002.

With the real estate boom in Thailand and high interest from Russia in obtaining property on sunny Koh Samui, Alexey became an entrepreneur and established his own company, ThaiProperty Ltd., to service Russian investors and second-home seekers through the company’s website: www.thaiproperty.ru. During 2004 – 2011, ThaiProperty Ltd. had developed different projects on Koh Samui – a total of 32 villas and 1 condominium.

A visionary, Alexey saw a niche for Sturgeon farming and caviar production in Thailand, and in 2011 set up Thai Sturgeon Farm Co., Ltd. with his Thai business partner, Mr. Noppadon Khamsai, and another Russian friend. With a registered capital of THB 20 million and a land plot of 6.5 rai in Hua Hin, Prachuab Khiri Khan Province, the project aims to farm Sturgeon hybrid using recirculating aquaculture system (RAS) for the purpose of producing meat, caviar and value-added products for both the domestic and international markets. With a maximum capacity of 1,500 kilos of black caviar per year, the company plans to wholesale the caviar in Thailand and export it abroad to retail outlets, restaurants and hotels through a distribution company. As of December 2015, the construction of the farm has been completed, and all technical equipment installed, and it is expected that the baby fish will be released in May 2016.

In order to create demand for caviar and familiarize Thais with the delicacy, Alexey and Noppadon established Caviar House Co., Ltd. to import caviar from partners’ farms in Russia and China, which use the same technology, types of fish and even feed so that the local market will be accustomed to the same taste and high-quality caviar that will be produced by Thai Sturgeon Farm in a couple of years from now.

NOPPADON KHAMSAI, Co-founder & Director and Managing Director, Thai Sturgeon Farm Co., Ltd.

Born in April 1979 in Phyao, Chiang Rai, Noppadon started his career in 2006 in real estate with ThaiProperty Ltd. on Koh Samui working with Russian speaking customers. After two years, he set up his own real estate development company, Avanta Estates Co., Ltd., also on Koh Samui, and developed a 50-unit condominium in Maenam area on a 2-rai plot of land next to the Kirikayan project.

During his time on Koh Samui, Noppadon befriended Alexey Tyutin, a young Russian entrepreneur, and in 2011, both decided to invest in constructing a farm in Hua Hin, Prachuab Khiri Khan Province, to produce caviar and sturgeon meat. They and another Russian friend established the Thai Sturgeon Farm Co., Ltd., with a registered capital of THB 20 million. The construction and equipment installation on the Farm, which is situated on 6.5 rai of land, has been completed as of December 2015, and it is anticipated that the baby fish will be released in May 2016. With a maximum capacity of 1,500 kilos of black caviar per year, the company plans to wholesale the caviar in Thailand and export it abroad to retail outlets, restaurants and hotels through a distribution company.

While waiting for the Farm to produce caviar, Alexey and Noppadon set up Caviar House Co., Ltd. to import different types of caviar from partner farms in Russia and China, which use the same technology, types of fish and even feed so that the local market will be accustomed to the same taste and high-quality caviar that will be produced by Thai Sturgeon Farm in a couple of years from now. Caviar House’s aim is to spearhead demand for caviar in the Thai market and educate people on the health benefits of this delicacy, while making it more affordably accessible.

Noppadon holds a Master’s degree in Marketing from Rochville University, USA.