Dmitry Nikitin was born on 19 September 1971 in Novosibirsk. In 1993 he graduated from St. Petersburg Institute of Communications as a shipping engineer .
Since 1993 he has worked as a transport manager for Eurosib SPb closed corporation.
In 1998 he headed transport department of the company.
Since March 2000, after the restructuring, he has been the director-general of Eurosib managing company.
Nikitin is included in the annual ranking of 1000 professional Russian managers made by the Russian Managers Association.
Eurosib was founded in 1992 by manager of the West-Siberian railway Nikolai Nikitin, who moved to St. Petersburg from Novosibirsk. Some members of Nikitin's management team went after him. October Railways became a co-founder of a new commercial enterprise. October Railways now accounts for 8% of all goods transported by rail, so owing to partnership with the government in the most important transportation branch, Eurosib immediately become a rail transport leader in the St. Petersburg region and gained a foothold in the market.
In the mid-1990s the most profitable and highly appreciated talent of the forwarding agents was their communication skills which help them arrange deals with workers of railway stations and load the goods of a customer into wagons that were unregistered and ''unseen''.
Source: NPK, 27 February 2007
In 1999 Eurosib SPb was managed by Sergei Aksenenko, a nephew of First Deputy Prime Minister Nikolai Aksenenko. In 1994 the company started its business activity from cooperation with October Railways. Eurosib sold metal, Japanese cars and provided maintenance service.
Sergei Aksenenko was well-known in St. Petersburg, especially in Baltisky bank to which Eurosib owed tens of thousands dollars. Aksenenko's business partner Nikolai Nikitin helped him in his financial problems and shortly after, on 7 January 1999, was shot dead at the front door of his house.
Source: Novaya Gazeta, 10 June 1999
Since 1999 Eurosib has been controlled by the heirs of the founder of the company Nikolai Nikitin, including his son Dmitry Nikitin, the director-general of the managing company.
Source: Novaya Gazeta, 18 June 2008
Eurosib was first mentioned in the documents of the Accounting Chamber after workers of several railroad depot of October Railways had applied to the trade union. They complained about repeated wage delay. The money was delayed by Baltic Bank, which services more than 300 railway companies of October Railways. But close investigation discovered that the main debtor was Eurosib which owed to the bank about 1, 5 million dollars. According to the Accounting Chamber, Sergei Aksenenko used a simple scheme. October Railways received payments for export and import traffic not directly but through Eurosib company. But the mediator was, to put it mildly, not punctual sometime.
According to experts, October Railways, in fact, provided Aksenenko with interest-free loans that could reach 40 million rubles a month.
Source: MK 22 March 2000
In 2000 Sergei Aksenenko joined BaltTransServis company. Almost all managers of Eurosib followed him.
Source: Obshchaya gazeta, 23 November 2000
In 2002 the media called Eurosib a family firm of Nikolai Aksenenko dependent on his bounty.
Source: Panorama of Latvia, 2 February 2002
In 2011 Dmitry Nikitin was ranked 37th in the list of 100 richest people of St. Petersburg, whereas the previous year he was ranked 22. Nikitin's wealth is estimated at 10.3 billion rubles.
Source: Finance, 14 June 2011