The idea of inventing and creating the world’s first radio receiver belongs to Alexander Popov, a Russian professor and experimenter. In 1895, at a meeting of the Russian Physico-Сhemical Society, Alexander Popov demonstrated “a device designed to indicate rapid fluctuations in atmospheric electricity”, in other words, a radio receiver, and he performed the first radio communication session.
Later, with the help of leading British manufacturers, Guglielmo Marconi, an Italian, managed to carry out radio communication over a distance of 3,500 kilometers. In 1897, Marconi registered a patent and established his own company, putting the invention on a commercial basis, not achieved by Popov.
Speaking about television, the first patent for electronic television technology was obtained by Boris Rosing, Professor at the St. Petersburg Institute of Technology, who applied for a patent for the “Method of electrical transmission of images” in 1907. He succeeded in transmitting an image at a distance in the form of a grid of four light bars on a dark background in 1911. It was the first television program in the world.
A real breakthrough in the development of television was the iconoscope, invented in the United States in 1931 by Vladimir Zvorykin, a Russian emigrant and a student of Boris Rosing, who worked at that time at the Radio Corporation of America.
As for Aircraft Construction, there are a large number of inventors in different countries who have made a significant contribution to the creation of a modern aircraft. There are also many Russian names among them, such as Alexander Mozhaisky, Alexander Kudashev, Igor Sikorsky, Nikolai Zhukovsky, Andrey Tupolev, Sergey Ilyushin, Pavel Sukhoi, Oleg Antonov and others.
At the same time, back in 1904, the Russian scientist Nikolai Zhukovsky, who can be considered the “father of aerodynamics”, formulated a theorem that quantifies the lift component of an aircraft wing which is the basis of the aircraft construction.
Today, Igor Sikorsky is especially famous in the world as a Russian aircraft designer who moved to the United States after the October Revolution. He is the developer of the world’s first four-engined aircraft “Russian Knight” (1913), a heavy four-engined bomber and the passenger aircraft “Ilya Muromets” (1914), as well as the serial famous helicopter (USA, 1942).
The date of the beginning of space exploration is considered to be 1957, when the Soviet Union was the first to launch the spacecraft Sputnik-1 into space as part of its space program. On this day, the spherical satellite entered the orbit, transmitting back the signal of a successful launch and fixing the Russian word “Sputnik” forever in all languages of the world. Unfortunately, today, Russia accounts for less than 5% of the world telecommunication market, which actively uses space satellites.
As for advanced information technologies, it is no secret that behind such well-known and globally popular companies as Google, Skype, WhatsApp, Viber, Telegram, Parallels, ABBYY, EPAM Systems, Luxoft and others are the founders who were born in the USSR. As of today, the headquarters most of these companies are located in the United States.
Evident from the above facts, for two centuries, most inventors in Russia have not been able to arrange the commercial use of their inventions in their homeland. Russia has always been leading in the number and quality of the most important inventions for humankind, but it has clearly lost out to many developed countries in terms of their practical implementation in the economy. Why?
In my opinion, the main reason has been and still is in the lack of the necessary socio-economic environment for the implementation of innovations. The most important components of such an environment are political stability in the country, a fair judicial system that protects intellectual property and investment, financial, administrative and moral support for the creative part of the intellectual society. Also, the presence of various and competing facilities for the market financing of scientific and technical developments, and, most importantly, the attitude to science as the main engine of economic development and, accordingly, a tool for making money are mandatory for innovation growth.
Unfortunately, almost all of these major components of the socio-economic environment are still not developed in Russia at present, which will affect the further export of technological inventions. Loren Graham, Professor at the Massachusetts Institute of Technology noted that: “Russia will not be able to get enough milk unless it creates ideal conditions for a cow. Any inventions will not be of great practical importance until the necessary environment is created for the implementation and commercialization of innovations”.
A long-term concentration on the raw material sectors of the Russian economy, combined with the strengthening of state capitalism held Russia back. The lack of judicial protection for inventors and businessmen, the lack of market financing for the development and implementation of innovations, as well as the pressure on a creative part of the population, year by year, push Russia away from the countries in which an innovative economy is growing, and which are ready to adopt and support with great pleasure, talented scientists, inventors and businessmen unrecognized in Russia.
It is frustrating that Russia, which is one of the top 5 countries in the world in terms of the number of inventions that are most important for humankind, has been consistently, for two hundred years, losing out to its main competitors in the innovation race, and over the past 30 years, to many so-called “third world countries” which until recently have not got any fundamental science at all.
In the total volume of export trade of civil science-intensive products on the world market, Russia’s share is estimated at 0.3 %, while the share of the United States is 39%, Japan is 30%, Germany is 15%, and China is 6 %. These figures are very important because, according to most economists, including Nobel Laureate Joseph Stiglitz, innovation is the only real source of the wealth-growth in the modern world as a whole.
Given a relatively low level of taxation, a high level of general volume of education of the population, the number of talented Russian inventors, the unique base of fundamental science that is still preserved since the Soviet period, especially in such subjects as mathematics, physics, chemistry, IT, biotechnology, space and nuclear technologies, it is safe to assume that Russia could be capable of returning to the top five most innovative economies in the world. Russia could radically change its image, becoming an attractive country for domestic and foreign inventors and investors instead of continuing to export “brains” to other countries!
Covid-19 may have changed the world, but major conditions of innovation growth remain valid. This situation opens new opportunities for entrepreneurial activities worldwide. In the nearest ten years we will see if Russia is able to return to the club of the most innovative countries or lag even further behind its competitors.
Konstantin Dzhimbinov PhD.
Senior Partner RB Partners, M&A and VC advisory firm
The International Business Forum «FDIUZ» targeted to raise foreign direct investments for the Republic of Uzbekistan was held on December 5, 2017 in the hotel «Hyatt Regency» in Tashkent.
The event organized by the State Investment Committee of the Republic of Uzbekistan jointly with the International Investment Group RB Partners was devoted to studying international experience in raising foreign investments and increasing the investment attractiveness of Uzbekistan.
Azim Ahmedkhodzhaev, Chairman of the State Investments Committee of the Republic of Uzbekistan, and other participants stated that within the framework of the Action Strategy for 2017-2021, the country was carrying out large-scale reforms aimed at encouragement of raising foreign investments.
The event was attended by more than 200 executives from Ministries and Departments, leading foreign and local investment experts, heads of state and largest private companies in Uzbekistan. The presentations addressing the issues of investment promotion, public-private partnership mechanisms, the development of a strategic approach to attracting investors were made by the heads of International M&A Association Globalscope, Strategy Partners Group, the RB Partners Group, the Islamic Corporation for the Development of the Private Sector and Porter Novelli.
Now, when large-scale reforms are ongoing in Uzbekistan, foreign investments play an important role. Therefore, it is very significant that the Organizing Committee of this event has managed to bring together the world’s leading experts in the field of attracting investments, said Konstantin Dzhimbinov, Senior Partner of the RB Partners Group.
The measures implemented in Uzbekistan for improving the business climate, advancing the legal framework at the level of worldwide standards are winning recognition of international organizations. Thus, in the World Bank’s «Doing business-2018» rating, Uzbekistan has climbed 13 positions and has entered the top ten world leaders in terms of improving the business climate.
The holding of this Forum has coincided with the opening of RB Asia, a permanent office of the RB Partners Group in Tashkent. The company will provide services for pre-investment preparation of enterprises in Uzbekistan, the subsequent support of the process of raising foreign investments as well as supporting business purchase and sale transactions.
The venture fund RB Capital and Igor Luts, the co-founder of BBDO Moscow agency, have invested in DVR that is a Russian team VR-shooter developer. The funds will be used for creating the content and developing game zones in Russia, England and the US, where DVR has been already working with Marvel and the entertainer Will.i.am. DVR is a developer of Engage VR parks that are virtual reality spaces for team games. Each site can admit up to 12 players, the cost of tickets varies from RUB 400 to RUB 900. The project has developed two shooters — «VR-Polygon» and «Mafia VR».The startup has opened four virtual reality parks in Moscow and St. Petersburg, and it is planning to launch two more VR-zones jointly with the network of multiplexes Luxor in Moscow and Sochi until the end of 2017. The company is also going to open play zones in Voronezh, Krasnodar and Tyumen. DVR co-founder Alexey Svirsky told to the edition that DVR had concluded tentative agreements with partners from Seattle and Los Angeles. In addition, they are negotiating the launch of a game zone in London.
Konstantin Dzhimbinov, Senior partner of RB Partners, participated in the 22th Semi-Annual Globalscope Conference in Perth, Australia. Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of the network on the conference hosted by Tomkins Turner. During the conference, Globalscope was delighted to welcome two new member firms from Turkey and Uzbekistan. The next Globalscope conference will be held in Panama City, South America in April 2018. Please visit www.globalscopepartners.com/members for a full list of Globalscope’s members and locations.
RB Partners has concluded an Agreement on strategic cooperation and partnership with the All-Russian public organization «The Russian Academy of Natural Sciences» (RANS). The parties agreed on strategic cooperation in the field of science and technology development and fund raising for science researches and design and experimential inventions.
RB Capital, the venture fund Foresight+ and a group of private investors have funded $550 thousand to concierge services for automobile repair and maintenance. After the crisis, in the new car market in Russia, investors are looking for new ways to earn money in the automobile niche that is huge both in terms of money and in terms of its volume. The venture fund Foresight+, RB Capital and business angels have jointly invested $550 thousand in Alfred.
The company came up with a completely innovative for Russia model of auto-concierge: the service clients make a call to a specialist, a car driver, who runs over the car to a partner service, monitors the quality of repair and returns the car at the client’s convenience to a required location. The fee for such a concierge service is fixed and it amounts to Ruble 2,000 regardless of the repair cost, in addition, any communication with clients is carried out via messengers, and the provided repair services are paid for online by card. The targeted group of the project includes owners of the cars valued from Ruble 800 thousand on the secondary market, with the income of Ruble 100 thousand a month. The service is available only in Moscow. Alfred has raised investments from the funds Foresight+ , RB Capital and a group of private investors. Investments will be used to implement projects of automation of the order processing and routing system for concierges, to connect additional partner services and expand sales channels. “In Alfred, we have seen something that is not available in other projects at all — energy, desire and ability to introduce a completely drastic change to the traditional auto repair market. Plus, they are not green startuppers, it’s a team with a number of successful businesses in the portfolio”, Zimin said. «First of all, Alfred is a very strong and charismatic team that has concentrated its efforts on creating the service and it is always ready to perfect itself and absorb the best practices from related markets. Unlike other projects in the segment, Alfred is the only player who has moved along much further than just being an aggregator, and it has completely relieved the client’s headache on all matters relating to the car, playing on the user’s basic laziness and providing an ultra-level service at this,» said Anton Poletaev, RB Capital’s Partner. Foresight+ became a lead investor of the seed round, the rest was invested by RB Capital and a few business angels. It was done intentionally: the funds were able to cover the entire amount of the transaction, but the project had an interest in the synergy with experienced business angels. The deal was fully structured within the Russian law as a convertible loan. Unlike any other car service aggregators, Alfred provides a guarantee for the repair, insures every car that is received from clients, and all the drivers are employed with the company. As they say in the company, the service works with both official dealers and conventional vehicle service stations. The client is always offered the most optimal solution for his particular case.
RB Partners has successfully hosted the European Forum of Globalscope Association in St. Petersburg.
Globalscope representatives from 14 European member countries met to discuss cross-border deals, new projects, ideas and opportunities in the field of mergers and acquisitions at the Forum in St. Petersburg. The event was held at the Sokos Olympia Garden Hotel on June 16-17, 2017. The event was attended by representatives of investment banking firms from Germany, Great Britain, France, Italy, Belgium, the Netherlands, Switzerland, Sweden, Hungary, Czech Republic, Turkey, Denmark, Poland.
RB Partners prepared official and cultural programs for the Forum guests with a joint trip to Peterhof at the end.
The next international conference of Globalscope will be held in Perth, Australia, in October 2017.
A complete list of the Globalscope member companies, as well as more detailed information about the Association, can be found at www.globalscopepartners.com/members.
The Group of companies RB Partners and EY have jointly completed a research of the Russian venture capital market for 2016. The study focuses on technology transactions (venture and advanced-stage transactions, including IPOs, M&A, as well as partially grants and venture debt) in Russia. In 2016, the mood of market participants changed — they began to demonstrate more optimism, especially in the midst of the crisis of 2014 and 2015. It was evidenced by both the figures and the opinions of the market players.
There was a significant growth in investment volumes: from $ 383 mln to $ 894 mln (thanks to large deals: HeadHunter, Gett, Pixonic, Delivery Club). The volume of early-stage venture deals decreased from $ 372 mln to $ 231 mln. However, there was just a token increase in deal numbers (from 297 to 302).
There was a transformation of the market in the B2B segment. If in previous years, the majority of investors ran alongside the time-tested areas such as corporate management systems, platforms and traditional B2B solutions, then in 2016, investments in these segments significantly decreased. Investors continue to believe in software and cybersecurity segments. It is appropriate to talk about searching new, more sustainable investment ideas.
Preferences also changed in the B2C segment: investments in e-commerce and search/recommendations declined dramatically (it was a result of both consumer market contraction and a change of technology paradigms). Investors believed in such services as transportation, travel, repairs and cleaning, reflecting the uberization vogue. There was also a strong growth in the gaming segment being a global trend based on fast-developing VR/AR and AI tech solutions.
IT and internet based projects are keeping their dominance. It is unlikely that the market structure will change in the near future. The biotechnology sector has traditionally slightly diluted the pattern of past years. However, it is worth noting that investors are now interested in industrial technologies that have already outstripped biotech.
Arseniy Dabbakh, Partner with RB Partners, said, “We saw a very strong surge of interest in technology from corporations, and as a result of about 30 exits in 2016 and the launch of more than 5 new corporate venture funds. The venture market in Russia occupies less than 0.5% of the world market so far, but the trend and the interest on behalf of corporations cause the optimism”.
Anton Ustimenko, Partner with EY, Head of the group for rendering services to tech, telecom and media sector companies for the CIS, said, “Reduction of the total investment volume of Russian venture deals by 38% was predictable. Within the past few years, participants of the Russian venture industry have noted a small number of exits as the main obstacle to its development. Little strokes fell great oaks, and in 2016, corporations, in search of new competencies and markets, began to acquire companies more actively, mainly in the technological sector. Therefore, more efficient interaction between the venture industry, startups and corporations can give a new impulse to the Russian venture market in 2017”.
The report is available at: Thaw on the Russian venture capital market
Anton Poletaev, Partner of RB Partners, participated in the 21th Semi-Annual Globalscope Conference in Milan, Italy.
Globalscope Partners Ltd., an international M&A network, is pleased to share the news of the successful expansion of its international partner base to 53 members in 43 countries. At the 21st semi-annual conference, hosted by Benedetti & Associates and Palladio Corporate Finance, more than 85 delegates met in Milan to discuss deal opportunities, hear from local industry and M&A experts, meet local investors and develop the network.
The 2½ day conference programme incorporated best practice presentations on marketing, integration and collaboration within the network, and working with PE firms. In addition, the Globalscope group also undertook briefings on the Italian economy, and M&A in Italy from law firm CBA Studio Legale e Tributario.
Giuseppe Benedetti, Founder of Benedetti & Associates, stated, “One of the themes of this Globalscope conference was how to increase our activity with private equity firms. We met the Milan private equity community and received valuable insight on the new, future needs of investment funds.”
The following two observer firms attended the conference and were voted in and welcomed as new members:
The next Globalscope conference will be held in Perth, Australia in October 2017.
Please visit www.globalscopepartners.com/members for a full list of Globalscope’s members and locations.
RB Partners announced its merger with RMG Partners’ team.
RB Partners Group announced its merger with a team of RMG Partners with a goal to enhance its M&A practice. Prior to this merger RB Partners was ranked No. 3 by Russia M&A Awards 2016 as “The Best Russian Investment Bank″ after Gazprombank and VTB Capital, with 8 deals closed within the year, including the sale of 30% in Yota Devices, 100% in Intersport Russia, minority shares in iGooods (food delivery service) and a global leader in development of stickers for iOS Sticker.Place etc.
Since 2004 RB Partners is focused on M&A deals for Russian mid-cap companies as well as on venture fundraising for technological start-ups. Since 2004, RB Partners team completed over 80 projects for a total amount exceeding US$2.5 billion. In 2015, RB Partners Group also launched RB Capital, a venture investment fund that closed 4 transactions for technology companies in Moscow and Saint Petersburg.
Konstantin Dzhimbinov, Senior Partner and Founder of RB Partners, said, «It is a good time now for the emergence and development of M&A firms in Russia, which in many respects is connected with the withdrawal of foreign investment banks from the market, as well as with previous purchases of leading Russian M&A advisors by state-owned banks. At the same time, the current situation contributes to re-distribution of the capital between different sectors and players. It is especially true for small and medium enterprises and technology start-ups which cannot afford to pay millions as fees typically required by large investment banks, and which are reasonably not of any interest to large investment banks at this stage of their development. However, there should be someone to render advisory services for this uneasy process of sale and purchase of businesses and raising investments! Therefore, several years ago, we chose a strategy of working in this very client segment, offsetting smaller amounts of fees by an increased number of closed deals. It is beneficial to us and beneficial to our clients! After the sanction depression, the market is now on positive expectations that reasonably contributes to increased activities in M&A. That is why the merge of M&A teams of RB Partners and RMG Partners is of a strategic importance for us».
According to Alexey Goryachev, Head of RMG Partners that merged with RB Partners, who has become now Senior Partner with RB Partners, «A new team has ambitious plans. Our companies joined their teams and now we are one of the largest players in the market — 20 professionals and partners with a cumulative experience of over 100 years. For many years, RMG Partners has been publishing the analytics of the venture capital market of the Russian Federation and it is a recognized expert of the market. We stood at the origins of the Association for alternative investment (PE/VC) naima-russia.org and we are heading the Committee for venture investments in the Association. After joining the teams, by present, we have become de facto the largest investment advisor in M&A and venture financing for technology startups and SMEs by both a number of completed deals and a number of employees. This will objectively allow us to serve more customers in a professional and efficient way, which should benefit the market».
Interview of Alexey Goryachev, Senior Partner of RB Partners on mediametrics.ru
Interview of Alexander Lukin, Senior Partner with RB Partners, on the sale of Yota Devices to Hong Kong company Rex Global
RB Partners has been ranked 3rd in the nomination “The Best Russian Investment Bank — 2016″ after Gazprombank and VTB Capital
RB Partners has been ranked among three leaders of Russia M&A Awards 2016 in the nomination «The Best Russian Investment Bank». The ceremony of this largest M&A award in Russia was held within the frame of the VII Russian M&A Congress on November 30, 2016. Over 100 M&A professionals participated in the event representing investment banks, consulting and law firms, large companies, private funds and venture capital investors.
Anton Poletaev and Alexander Lukin, Partners with RB Partners, receiving this honorary award, said: “We express gratitude to our clients and partners for appreciation of our work and are proud of our status as the largest private player in the Russian M&A Advisory market. Our company will continue to provide services to the Russian mid-cap companies, as well as to execute deals in the venture segment, where we see great potential for the development.»
Alexander Lukin, Partner with RB Partners, spoke at the AccEssMeeting seminar on raising investments for Russian companies from China and the Middle East countries. The seminar was organized under sponsorship of the Ministry of Economic Development of the Russian Federation, the Ministry of Transport of the Russian Federation, Sberbank, VTB Bank and KPMG. Representatives of the largest Russian banks, State corporations and companies of the real economy participated in the seminar. Mr. Lukin’s speech was on the case of Yota Devices as successful involvement of a Chinese investor.
RB Partners was ranked Number II at the VIIIth Russian Private Equity Congress in the nomination «The Best Russian Advisor in the PE Market.»
The award ceremony was held on September 29, 2016 in the Congress hall of the Courtyard Marriott Hotel, Moscow. The event was attended by more than 120 professionals in the venture capital and PE market, it was organized by Cbonds information agency and PREQVECA, an information and analytical website.
Anton Poletaev, Partner with RB Partners, has stated at the ceremony: «Receiving this award is very honorable for us, because leading private equity funds and venture capital funds of Russia participated in the voting. This year, thanks to our partners and clients, we have successfully managed to close 5 deals for 8 months. Specifically, our services included a full range of investment and banking services for the development of fund raising strategies, identification of potential investors, negotiating on behalf of our clients and all the work associated with signing and closing transactions. We are very proud of our clients who were able to successfully attract financing for their business development even in times of crisis».
Grigory Oganesyan, Head of M&A and Corporate finance, and Natalia Pribytkina, Director, North-Western Federal District, participated in the 20th Semi-Annual Globalscope Conference in Dallas.
Globalscope Partners Ltd., an international M&A network, is pleased to announce the successful expansion of its international partner base to 51 members in 41 countries. At the 20th semi-annual conference, hosted by Allegiance Capital Corporation, more than 65 delegates met in Dallas to discuss deal opportunities, hear from local industry and M&A experts, and develop the network.
David J. Mahmood, chairman and founder of Allegiance Capital, stated, “we’re on the verge of the greatest transfer of wealth in our nation’s history, so it’s a great time for Dallas to be selected as the host city for Globalscope’s M&A conference. We’re honored to be part of it – and we’re going to make sure each of our members gets a Texas-sized welcome.”
The following six observer firms attended the conference and were all voted in and welcomed as new members:
Russell D’Alba, Paramax Corporation, United States, celebrated his first conference as Globalscope President. Mr. D’Alba, stated, “it is a privilege and honor to continue the exceptional legacy of past presidents, including the expansive growth under Immediate Past President, Michael Moritz, from Germany. It is my goal as President to foster an even stronger network and create a more efficient organizational structure, for the benefit of all Globalscope members.”
For transaction performance in the last six months, Globalscope awarded the following member firms:
The next Globalscope conference will be held in Milan, Italy in March 2017.
Please visit www.globalscopepartners.com/members for a full list of Globalscope’s members and locations.
Interview of Constantin Gubin, Partner of RB Partners on «Blockchain is a revolution!»
Interview of Constantin Gubin, Partner of RB Partners, about artificial intelligence and era of capital end
RB Partners became one of the participants of the global event on the founding of the High-tech Park Alliance «Silk Road» (SRSPA) which took place in July 2016 in China. By present, the Alliance has about 80 Chinese enterprises and more than 40 organizations from other countries. Primarily, SRSPA is engaged in the conclusion of agreements in the field of education, biotechnology and intellectual property being an open association formed on a voluntary basis and a principle of equality. More than 400 representatives from 9 countries of the world, including Russia, Belarus, Ukraine, Georgia, Armenia, Kazakhstan and Lithuania took part in the constituent meeting of the new alliance.
Elena Matveenko, the RB Partners’ representative, made a presentation entitled «New investment opportunities for Russia and China» at the opening of the association. In her opinion, «the establishment of the High-tech Park Alliance «Silk Road» shall open up new opportunities for raising Chinese investments for Russian projects and the transfer of technologies as the main tool of innovative development of companies. The creation of such a platform as SRSPA shall be extremely important for implementation of joint projects with other countries. Today, with the increasing mutual interest between Russia and China, such a tool shall greatly facilitate the creation and implementation of new innovative projects.»
The RB Partners Group has successfully held the XII-th Strategic Session in the Health Complex “The Klyazma” on the shore of the Klyazminskoye water reservoir.
All participants demonstrated a high level of interest and contributed to the discussion and development of proposals for the session results. This event has been a subsequent stage in the development of a formalized business strategy in part of direct production operations, the work with clients within a framework of transactions and beyond their limits. All the team members participated in the regatta on yachts and the tournament of mini Golf on the second day of the event.
Video Regatta RB Partners 2016
The RB Partners Group has been a debutant at the X-th Siberian Venture Fair. It was represented by RB Capital, the venture fund, and RB Partners, the M&A advisory company.
Roman Soloviev, COO with the RB Partners Group, represented the company as a speaker and took an active part in discussions at the section «The venture capital market – the day to come, what it is bearing». His presentation on the transaction of YotaDevices with Rex Global has caused a storm of discussions. «While executing such transactions, one should be ready for an extensive negotiation cycle and strong commitments to China throughout the entire process», Roman Soloviev explained. «I would like to personally thank RVCA represented by Albina Nikkonen for high-quality organization of the event, an interesting format and effective integration of the two events organically complement each other: The Siberian Venture Fair and Techprom, at which mature companies as well as promising startups have been presented!»
RB Partners has been ranked among Top 3 companies nominated for The Best Russian Advisors on the VC market, according to Russia VC Awards 2016.
The ceremony of granting this largest reward in the area of venture investments was held within the framework of the IVth Forum of venture investors on June 7th, 2016. Over 100 venture market professionals participated in the event representing the largest venture funds, advisory and legal firms, as well as private investors.
Grigory Oganesyan, Head of the Corporate Finance with RB Partners, said while getting an honorary prize at the Russia VC Awards 2016 ceremony, “Acknowledgement on behalf of our clients and partners is very important for us. We are thankful to the Award sponsors and the votes of the market members for giving credence to us; and we shall keep working for the benefit of our clients”.
“Russian Pharmaceutical Forum 2016” in Saint Petersburg has been a success. RB Partners was the Forum’s partner and sponsor.
The following international pharmaceutical giants took part in the event: Abbott Laboratories, Alvogen Bayer Pharma, Berlin-Chemie, Biogen Interntional, Glenmark Pharmaceuticals, Ipsen, Merck Nanolek, Novo Nordisk, Sanofi, Petrovax Pharm, Roche and others.
The pharma industry key subjects were discussed at the Forum: patent protection, business competition, modification of strategies of pharmaceutical companies under crisis conditions, pricing. The market players were informed of the latest regulatory and legal changes in the pharma sector
RB Partners hosted the IV Conference of specialists with international engagement regarding hormonal health and preservation of life quality and longevity.
Presentation about the event HRT Excellence Days 2016.pdf
Konstantin Dzhimbinov, Partner of RB Partners, and Grigory Oganesyan, Head of Corporate finance, participated in the 19th Semi-Annual Conference in Shanghai.
Globalscope Partners, the international M&A network, hold successfully the 19th semi-annual conference in Shanghai, hosted by Beijing HRS Consulting, more than 60 delegates met in Shanghai to discuss deal opportunities, hear from local industry and M&A experts, and develop the network. Beijing HRS organized a two-day tour prior to the conference with company visits to key economic areas close to Shanghai. During deal meeting-sessions at the conference, members had time to explore deal opportunities for their clients, to talk about M&A and PE practice in China.
Insignia Financial Advisors from Panama attended the conference to present their firm for membership and was voted in and welcomed as a new partner.
Michael Moritz, Parnter of CatCap, Germany, celebrated the end of his three-year tenure as president of Globalscope. Under Mr Moritz’s leadership, Globalscope has doubled its membership roster, including the merger with the Asia M&A network, and vastly improved the quality of interaction between partners. Michael Moritz will continue as board member of Globalscope.
Newly elected president of Globalscope is Russell D’Alba from Paramax Corporation, USA.
The next Globalscope conference will be held in Dallas in September 2016.
Please visit www.globalscopepartners.com/members for a full list of Globalscope’s members and locations.
Konstantin Dzhimbinov, Partner of RB Partners, and Grigory Oganesyan, Head of M&A and Corporate finance, met with representatives of the municipal administration, the chambers of commerce and industrial parks in Shaoxing and Jiaxing cities and discussed issues of the international cooperation, fund raising and foundation of international companies.
Konstantin Dzhimbinov, Partner of RB Partners, participated in Coordination board meeting of Moscow Exchange innovation and investment market featuring Anatoly Chubais, Chairman of the Executive Board of Rusnano, and Alexander Afanasiev, Chairman of the Executive Board of Moscow Exchange.
Konstantin Dzhimbinov, Partner of RB Partners, spoke at the seminar «Fund raising in a down economy» for key managers and companies’ executives — potential emitents of the Innovation and Investment Market sector and also for IPOboard registered companies, which took place on the Moscow Exchange.
Grigory Oganesyan, Head of M&A and Corporate finance, participated in the 18th Semi-Annual Conference in Tel Aviv.
Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of the network at the 18th Semi-Annual Conference in Tel Aviv.
Michael Moritz, President of Globalscope, commented, “I am extremely pleased to report on another successful Globalscope conference. I would like to pay special thanks to the team at Portofino Investments, Globalscope member in Tel Aviv, who not only organised our largest event to date, but also provided a broad view of the opportunities for international M&A in Israel.”
Mr Moritz went on to welcome Common Ground to the network, “We are delighted to welcome our 46th member to Globalscope: Common Ground Corporate Finance, Belgium, a strong mid-market M&A firm with sector specialisations in Financial Services, Agriculture, and Private Equity. Globalscope now has members in 39 countries worldwide.”
The next Globalscope conference will be held in Shanghai in March, 2016.
Konstantin Dzhimbinov, Partner of RB Partners, participated in the 17th Semi-Annual Globalscope conference.
A total of 37 delegates from the Globalscope partner base attended the conference, which was held at the newly opened Raffles Hotel in Jakarta. The 5-day conference format incorporated a new segment, co-hosted by KADIN, the Indonesian Chamber of Commerce, welcoming numerous local and ASEAN industry leaders to meet with Globalscope delegates to discuss opportunities and to network.
Globalscope partners have commented that the access to local markets and direct contact with business owners provided a unique insight into the region, and take away several new opportunities to offer their clients.
During the conference, Globalscope welcomed two new member firms, both leading M&A advisors in their respective countries:
Michael Moritz, President of Globalscope, commented, “I would like to pay special thanks to Fadjar Sutandi, and the team at NaXeL iPartners, for organising this very special event that brought Globalscope partners together, including our new colleagues from the ex-Asia M&A network, for the first time since the merger in Athens last October.”
The next Globalscope conference will be held in Tel Aviv in October 2015.
At the recent semi-annual conference in Athens, the members of the Globalscope network voted unanimously in favour of a merger with Asia M&A Group. The merger adds 9 key firms in Asia, and boosts the total Globalscope roster to 44 firms in 38 countries.
The firms joining Globalscope from Asia M&A Group include:
Konstantin Dzhimbinov, Partner of RB Partners, participated in the 16th Semi-Annual Globalscope conference.
Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of the network at the 16th Semi-Annual Conference in Athens.
27 of the 32 member firms sent 42 delegates to attend the conference to discuss deal opportunities, sector trends, and to network. The conference opened with the traditional M&A cocktail party, a networking event that included top companies & PE firms from Greece to meet and discuss opportunities with Globalscope member firms.
During the conference, Globalscope welcomed three new member firms, all leading M&A advisors in their respective countries:
Michael Moritz, President of Globalscope, commented, “Globalscope is proud of the continuous growth of the network — further steps will follow in the near future”, adding, with regards to the conference in Greece, “We were impressed to see all the opportunities for foreign investors in Greece in an improved economic environment”.
The conference included external speakers representing Enterprise Greece Investment & Trade and Eurobank, giving a detailed picture of the current situation of the Greek economy and pointing out business opportunities.
The next Globalscope conference will be held in Jakarta in March 2015.
Konstantin Dzhimbinov, Partner of RB Partners, participated in the 15th Semi-Annual Globalscope conference.
The four day conference programme, hosted by Globalscope’s member in South Africa, GKA Capital, was attended by more than 40 partners from 23 of Globalscope’s 32 member firms. For the reception at the Radisson Blu Hotel, the members were joined by numerous selected Southern African entrepreneurs and investors.
Local experts of the Black Managers Forum and of the leading South African Banking and Financial Services Group, SASFIN, provided insight into the opportunities and challenges in South Africa. Extensive sector meetings and best practice presentations by the Globalscope members evidenced the close relationships established in the network for the benefit of our clients.
Konstantin Dzhimbinov, Partner of RB Partners, participated in Globalscope biannual conference.
The four day conference programme brought together over 40 partners from 25 of Globalscope’s 31 member firms, meeting at the Ritz Hotel in Piccadilly, London. In addition, it attracted guests from selected larger British business groups and private equity fund managers, at a reception held in the offices of international law firm, Hogan Lovells, London.
During the conference, Globalscope was delighted to welcome two new member firms from Texas, USA, and a new European member firm to be announced shortly.
Michael Moritz, President of Globalscope, commented “The Globalscope London conference was a resounding success for all involved; the networking M&A reception at Hogan Lovells law firm generated leads with buyers, and our partners had numerous openings to further discussions on cross border opportunities.”
RB Partners hosted the Globalscope international conference in Moscow
Moscow has been elected for conducting the Globalscope semi-annual international conference.
Globalscope (www.globalscopepartners.com) is a leading group of corporate finance and business advisers operating globally to support clients in cross-border transactions. Its focus is on M&A and managing the diverse issues arising in the implementation of business growth or reorganisation and realisation strategies (through acquisition, sale, restructuring, international joint ventures, etc.).
The event took place in the Marriott Royal Aurora Hotel on May 15-17th, 2013. Representatives from 24 countries of the world spent three days discussing the newly shaped M&A cross-border opportunities.
The Globalscope conference participants have discussed new initiatives, the network performance, industry research tools, the network expansion opportunities, etc.
RB Partners has also invited to the conference a few speakers to make presentations of their opportunities to the leading M&A firms of Globalscope. The first speaker Mr. Dmitriy Zakharov, General Director of RIK-Finance, an investment company owned by the Government of the Sakha Republic (Yakutia), shared details on ways of development of the Republic up to the year of 2020, prioritized investment projects and industry clusters, made a point of importance of the Republic development for Russia and spoke on high investment potential of Yakutia. The second speaker Mr. Konstantin Smirnov, the Partner with Baring Vostok Capital Partners, the largest private equity fund in Russia, made an overview of the Russian Private Equity Market.
In the course of the conference Globalscope also announced five new members to its M&A global network: the new firms from Greece, Israel, Spain, Poland and Finland have joined the Association and Globalscope now has 31 partner firms in 24 countries on every continent of the Globe.
lobally to support clients in cross-border transactions. Its focus is on M&
Konstantin Dzhimbinov, Partner of RB Partners, spoke at the conference «Managing finances in crisis times» organized by Association of Europian Businesses.
Konstantin Dzhimbinov, Partner of RB Partners, spoke at the MCTGC 2011 (Materials and Components Technology Global M&A Conference) organized by Korea core Industrial Technology Investment Association.
Konstantin Dzhimbinov, Partner of RB Partners, spoke at the annual Conference of the international M&A Association Globalscope.