Bain & Company Russia

Bain experts cooperate with domestic companies and large international corporations, offering them strategic consulting services in such areas as strategy, marketing, organizational structure, operational processes, technologies and mergers and acquisitions - in all sectors.

For 2012, Bain & Co. is one of the five consulting firms in Russia.

2022: Searches

In April 2022, FSB officers came to the company's office and seized documents and hard drives related to the consulting company Bain & Company. The documents are related to the Department of Marketing, Strategy and Quality of Aeroflot Products. This department was previously headed by the former deputy general director of Aeroflot Andrey Panov, who left Russia.

2019: Victory in the competition for the marketing strategy of Aeroflot, Russia, Aurora and Pobeda airlines

In 2019, Bain won a tender to update the marketing strategy for Aeroflot, Russia, Aurora and Pobeda airlines, requesting  194 million for services at a starting price of 209.1 million rubles, Baza reports.

2012: Development of Rusnano strategy led by Chubais

In November 2012, it became known that Rusnano ordered the development of its new development strategy from Bain & Co., which was chosen as a contractor despite the fact that its price tag was a quarter higher than that of Boston Consulting Group. More details here.

2006: Return to the Russian market

In 2006, Bain & Co. resumed business in Russia.

1997: Withdrawal from the Russian market

Bain & Co. worked in Russia from 1993 to 1997.

1993: Advice to Deputy Prime Minister Chubais on privatization issues for $3.9 million

Russia Bain & Company has been operating in the markets and CIS since the early 1990s. The head of Rusnano Anatoly Chubais worked with Bain & Co. as deputy prime minister in 1993 - an American company advised the government on privatization.

The American publication Huffington Post in October 2012 published an investigation into which Bain & Co. in the early 1990s - led by future US presidential candidate Mitt Romney - was extremely active in Russia and brought American tobacco brands to the Russian market. According to Huffington Post, the amount of the contract for the services of the Russian government consulting on privatization was $3.9 million^[1]

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