In the media
Yakov and Partners: most quoted consulting firm in Russia
October 2024
In some areas Russian solutions could even be among the global leaders. Developing unmanned technologies offers huge potential. A window of opportunity is now opening for Russian manufacturers due to increased demand for a whole range of technologies, including high-performance chips, video cameras, and 4D imaging radars capable of detecting objects at a distance of 300 meters at any speed and in any weather, says Fedor Chemashkin
August 2024
Ten years after the implementation of the food ban, Russia has successfully met the needs of its citizens for food. “It is rather difficult to assess the impact of restrictive measures on food inflation, as a meaningful part of the cost of agricultural produce is still pegged to the dollar, including genetic material, fine chemicals used in the food and feed industry, machinery, and equipment,” explains Alexey Kletsko, a director at Yakov and Partners
June 2024
In 2023, the volume of grain trading on the National Mercantile Exchange doubled year-on-year to reach RUB 31 bn. Alexey Kletsko, a director at Yakov and Partners, expects this year’s trading volumes to match those of 2023. According to his data, in the first five months of 2024 the figure climbed to RUB 11 bn
March 2024
The role of the EU in Russian agriculture exports is decreasing. In 2023, EU countries accounted for as little as 6% of those exports vs. more than 12% earlier, says Alexey Kletsko, a director at Yakov and Partners. In 2023, Latvia, the Netherlands, Spain, and Germany were the main recipients of Russian agricultural exports to the European Union. The value of these exports to each country exceeded 300 million euros
September 2024
Early in the 2024/2025 season, export prices have been heavily impacted by limited demand from buyers, says Alexey Kletsko, a director at Yakov and Partners. He believes Turkey's suspension of imports until mid-October slashed shipments of Russian wheat in July and August by 10% to 15% year-on-year. "Other buyers, in an attempt to reduce prices, are not entering into large-scale contracts," Kletsko explained
July 2024
Last season, Russia extended the geography of agricultural exports, gaining a foothold in new grain markets, says Alexey Kletsko, a director at Yakov and Partners. China made it to the top 5 importers of Russian grain legumes after almost doubling its buying, along with Mexico and Brazil, while supplies to Indonesia increased by a factor of 10
May 2024
Given the export restrictions imposed until the end of August, producers will be able to export 1 mn tonnes of products, yet it would be better to export 1.2 mn tonnes to keep processing profitable. Such are the estimates presented by Stanislav Vetoshkin, an Engagement Manager at Yakov and Partners. Another challenge for the industry is the 97% reliance on imported seeds, notes Vetoshkin
March 2024
According to the estimates presented by a Yakov and Partners expert Stanislav Vetoshkin, “The list of the top five exporters did not change in the first half of the 2023/2024 season compared to the 2022/2023 season and includes Grain Gates, Rif Trading House, Aston, OZK Group, and MZK Export (former division of Viterra, a global trader). Their collective share exceeds 50% of grain exports
August 2024
To secure its sovereignty and a sustainable foothold in the Arctic, Russia must ramp up investments in the region, enhancing social, medical, and educational infrastructure. The country also needs to increase funding and support for research and development in the Arctic zone, according to Dmitry Plotnikov, a partner at Yakov and Partners.