The company has a strong foundation for continuing accelerated growth. This was discussed in an interview with the Profit project by its Financial Director Mikhail Gorbachev.
The growth driver was the implementation of the business strategy, which implies:
- transition from product offerings to comprehensiveness
- focus on production localization and import substitution
- trustworthy and respectful relationships with partners
- sound financial policy.
"We in the company see that the prerequisites for market growth in the near future will be the need for energy security, the development of artificial intelligence, digital financial assets, digitalization, and robotization. This entails an increase in the need for electricity and corresponding equipment," noted Mikhail Gorbachev.
Such equipment is developed and produced by IEK GROUP. From the interview, you will also learn why IEK GROUP adheres to an M&A strategy and about plans for its further implementation, what will happen if European brands return to Russia, whether the company is ready for an IPO, and why investors can trust it.