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Presently, there are about 3 000 consultancy companies in Russia which are active on the market. By the end of 2006 the volume of the market reached USD1,8bn.

The market is still in transition, characterised by re-distribution of the market shares. Smaller players are pressed out from the market, and mergers are very common. The big four - PriceWaterHouseCoopers, Deloitte, KPMG and Ernst&Young - control about 10-15% of the market, serving the major Russian national corporations and exporters.

 

 

 

 

 

   

The year of 2006 saw a rapid development of IT-consulting in Russia. Insufficient automatization of many Russian enterprises and organisations is the main reason for this phenomena.

As long as more Russian companies aim at IPO and attraction of investments, financial consulting and appraisal services have become more popular than ever. Also management consultancy aimed at better transparency and efficiency are in high demand.

One of the recent trends is that more Russian consultancy companies no longer focus on one specific type of consultancy, but offer a wide range of services. This is to meet the requirements of the customers who often prefer "one-stop-purchase", reports Expert Agency referring to Discovery Research Group.

Among other trends one should mention increase of customers in the small and medium-sized business, expansion of consultancy companies from metropoloies to the regions as well as heavy involvement of international consultancy companies in Russia.

Source: Discovery Research Group, quoted by RA Expert.

Did you know…
The last three years, incomes of consultancy companies in Russia has been growing at 40%-50% a year.
 

General information

Innovation Norway  - promotes nationwide industrial development profitable to both the business economy and Norway’s national economy, and helps release the potential of different districts and regions by contributing towards innovation, internationalisation and promotion (nor/eng).

Companies

KPMG Russia provides audit and assurance services on tax and financial issues to major Russian and global companies and to a broad range of non-governmental organizations and financial institutions, assist to Russian issuers in placing their securities on the stock exchanges of the United States and Western Europe, in business restructuring to increase efficiency, and also tax advisory services. (eng)

Ernst & Young Russia - profiles itself as paying special attention to its advisory practice, advice on operational development, business planning, risk management, technology security risks management, sustainability and corporate responsibility (eng)

PricewaterhouseCoopers Russia (PwC) - the largest consultancy and auditing group in Russia with offices in Moscow, St. Petersburg, Yuzhno-Sakhalinsk and Togliatti (eng)

Deloitte - website of Russian office. In Russia, company positions itself as offering a wide range of IPO services to companies that wish to enter the capital market and go public. Among other services are audit, financial advisory, corporate governance, tax and legal (rus). You may also visit website in English

IBS - rated as Russia's biggest consultancy company in Russia in 2006 by Expert Agency. Management consulting, business applications, IT infrastructure (eng)

CompuLink - Russia's fourth biggest consultancy companies, specialised in IT-consulting (rus)

Borlas - one of Russia's top ten consultancy companies, focused on consultancy related to Oracle applications, business consulting, development of technical security systems, mobile technology solutions (eng)

I-Teco - located in Moscow, this is one of Russia's top ten consultancy companies, and one of the biggest suppliers of complex IT solutions and IT consulting for governmental bodies, industrial enterprises and financial institutions (eng)

Services by NRCC Member Companies
Legal services
Selmer – one of the NRCC founders and sponsors, Selmer has a representative office in Moscow (eng/nor)
Wikborg Rein - one of the founders of the NRCC (eng/nor)
DLA Nordic (eng/nor)
Steenstrup Stordrange (eng/nor)
Simonsen (eng/nor)

Recruitment
Top Executive Search – EMA Partners, Moscow office of the EMA Partners Worldwide, is carrying out senior executive search.

Consultancy and advisory
in Norway
Scanteam, Oslo – company providing analysis, advice and facilitation services for projects and programmes in the transitional economies (eng)

ECON Analyse, Oslo – leading Nordic consulting firm in the field of economic analysis

in Russia
Solid Invest, St.Petersburg/Helsinki – company offering services in corporate finance, strategy consulting and economic analysis for Russian and foreign clients (eng)