Philipp Belyaev and Andrey Bolshakov, founders of NVI Solutions, took part in a study conducted by the international consulting firm Yakov & Partners and the Business Russia association, focused on fast-growing companies in Russia.

The research, titled “Fast-Growing Companies: A Strategic Resource for Russia’s Economic Growth,” analyzes the success factors and challenges faced by such enterprises. Between 2018 and 2023, the share of fast-growing companies in the Russian economy increased by 1.4 times, and their contribution to economic growth rose by 2.7 times compared to 2013–2018. Although these companies account for less than 2% of all businesses, their impact on the economy is 17 times greater than that of traditional enterprises.

“We strive to adapt to changes and seize the opportunities that the market offers. This allows us not only to survive, but to grow even in times of uncertainty,” said Philipp Belyaev.

NVI Solutions’ success is attributed to its agility and ability to make rapid decisions. The company develops cutting-edge technologies aimed at improving safety and efficiency in industrial processes. A major project is planned with one of Russia’s largest oil companies, encompassing over 4,000 facilities.

The founders also highlighted serious obstacles, such as a lack of investment funding. Russian companies attract 5 to 38 times less long-term capital compared to their international peers.

The study emphasizes that removing barriers to the growth of fast-growing companies could generate significant economic benefits. These companies also act as “talent schools,” fostering employee development and engaging youth in innovation.

NVI Solutions continues to actively develop its business lines and aims to contribute to the country’s economic growth despite current challenges. The founders firmly believe that supporting fast-growing companies is a key factor in achieving sustainable economic development in Russia.