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Ownership, state influence

INTERNATIONALIZATION | Ownership, state influence | Ownership, state influence | INTERNATIONALIZATION | INTERNATIONALIZATION |


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In December 2012 Alexander Klyachin (the owner of "Metropol" hotel and hotel chain "Azimuth") acquired a controlling stake in the company. Previously R-Style’s major shareholders were its founders - Vyacheslav Mines and Vasily Vasin, who used to own 53% and 12.62% of shares, respectively.[53]

Therefore, the company is owned by a group of individuals and the state does not participate in the ownership. However, a large portion of R-Style’s revenue is generated by government contracts (up to 30%),[54] which is a powerful lever of influence.

Internationalization

R-Style started its internationalization in 1994 when it set up a subsidiary in Kiev, Ukraine. R-Style Softlab Kiev is a subdivision of R-Style Softlab and it successfully solves the problem of localization of R-Style’s brand products in eight CIS countries (Ukraine, Moldova, Azerbaijan, Georgia, Kyrgyzstan, Uzbekistan, Tajikistan) and Mongolia.[55] R-Style Softlab Kiev provides comprehensive automation of virtually all the activities of a universal bank.[56]

In 2008 the company’s branch in Alma-Ata, R-Style Softlab Almaty, was opened. The main task of this division is to promote modern banking automation products in the market of Kazakhstan. In the future the company is going to expand the scope of activities of the Almaty office to implementation and maintenance of software.[57] In the same year R-Style’s official representative in Armenia appeared - Smart-Tech LTD.

In 2012 R-Style opened its R&D office in Minsk, Belarus. Soon R-Style Belarus became one of the leaders of IT industry in the country.

Country Ukraine (Moldova, Azerbaijan, Georgia, Kyrgyzstan, Uzbekistan, Tajikistan, Mongolia) Kazakhstan Belarus
Year of entry 1994 (Ukraine) 2008 (Kazakhstan) 2012 (Belarus)
Industry/ business area IT
Entry mode FDI in Ukraine, Kazakhstan, Belarus Partnerships in other countries
Motives High potential of CIS countries To provide services to Russian companies’ subsidiaries abroad
Firm specific advantages used on the foreign market Diversified products Full range of services Russian clients abroad Russian language
First mover or follower Approx. the same time with other companies (Ukraine[58]) or follower
Type of state involvement in the process of internationalization Tax and legislative support, customs relief
Evaluation of the success of the internationalization Successful (implementation of large-scale projects in the biggest companies)

 

 

Compulink

About

The Compulink group, established in 1993, is the largest group of companies in the Russian market of information technology and consulting. It provides customers with a full range of services: business and IT consulting, creation of data centers, building networks, building management information systems, infrastructure integration, solutions for the financial and banking institutions, the development of customized software, information security, consulting and training in the field of IT, IT outsourcing, supply of equipment and spare parts, service and technical support. [59]

Among the customers of Compulink group are Pension Fund of Russia, Ministry of Economic Development, Ministry of Communications, Customs Committee of the Russian Federation, Russian Railways, Sberbank, VTB, Gazprom Company, Lukoil, TNK-BP, Rostelecom, MTS, Xerox, etc.[60]


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