Evli Bank ranked as one of the leading advisors in Russian M&A
Evli Bank has risen into the ranks of leading financial advisors in the Russian M&A market, according to the latest international reviews in the sector.
Based on deal count, Evli is ranked third in Thomson Reuters' review and fifth in Mergermarket's review. The reviews are of investment banks operating in Russia and compare the volume of completed M&A transactions reported by them during the first nine months of 2010.
"Our success in planning and executing deals is due to our thorough knowledge of the Russian business environment and legislation and to our broad network of contacts. It is also extremely important in a large country to be familiar with the different regions and their business cultures," says Grigory Dudarev, Managing Director of Evli Russia Ltd.
This year Evli has advised, for example, Fortum in several transactions in Russia, including the divestment of its holdings in the Kurgan Generation Company and the Saint-Petersburg Sale Company. Evli has also advised the Coveright Surfaces Group in the sale of its subsidiary, Coveright Russia, to Interprint GmbH. Coveright is a globally leading producer of surfacing materials.
Evli Russia Ltd (formerly Avanko Ltd) is a subsidiary of Evli Bank Plc that provides M&A advisory services in Russia. Evli Bank's Corporate Finance unit has offices in Helsinki, Stockholm, Malmö, Tallinn, Vilnius, St. Petersburg and Moscow. Since January 2007 Evli has acted as an advisor in over 70 published transactions with combined transaction value of over EUR 6 billion.
Evli has offices in Finland, Sweden, Estonia, Lithuania and Russia and employs approximately 285 people. The Evli Group's equity capital is EUR 57.2 million and the BIS capital adequacy ratio is 13.6% (September 30, 2010).
Evli Bank Plc, Aleksanterinkatu 19 A, P.O. Box 1081, FI-00101 Helsinki, Finland, Telephone +358 9 476 690, www.evli.com