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. Last Updated: 07/27/2016

Entrepreneur of the Year

Twenty Russian businesspeople are in competition for the title Entrepreneur of the Year, awarded by Ernst & Young, an international auditor and professional services firm. The contest was organized in Russia five years ago to honor outstanding achievements in developing specific sectors of the national economy. The winner becomes an international finalist and competes for the World Entrepreneur of the Year title in Monte Carlo. The competition is conducted in 40 countries and has been running for 21 years.

Russia's nominees come from all over the country, with 47 percent working in Moscow and the Moscow region. More than one-quarter of the finalists are entrepreneurs under 35, and 41 percent of the participants founded their company.

Moscow's finalists include:
Vladislav Dudakov

of Coffee House,
a coffee shop chain;

Alexander Orlov
of Lite Life,
a restaurant holding;

Yury Byakov and
Svyatoslav Sorokin
of BAC,
a system integration company that implements IT projects;
Igor Ponomarev
of Genser,
an automotive dealer;

Sergei Sushchev
of Tsentr Issledovanii Extremalnykh Situatsii,
a company that does scientific research and prognosis of industrial and ecological safety;

Ruben Arutyunyan
a company representing Henderson men's clothing in Russia;

Merab Elashvili
of Planeta Gostepriimstva,
a company managing the Sbarro restaurant chain in Russia;

Alexander Kharkovsky
of Germoplast-Holding in the polyurethane industry.

The winner is to be announced Nov. 23. Last year, Russia's Entrepreneur of the Year was Rostislav Ordovsky-Tanayevsky Blanco, of Rosinter Restaurant Holding, a food services company that manages 270 restaurants in Russia, the CIS and Europe. The World Entrepreneur of the Year award went to Guy Laliberte, founder and CEO of Cirque de Soleil.

-- Maria Antonova