From roof repairs to an international holding – Sergey Kolesnikov’s success story

Kolesnikov Sergey Anatolievich

Sergei Kolesnikov, who comes from a simple Soviet family, realized while still a student that the only way to break into people is to own his own business. At the age of 18, he and a friend began to roof roofs to order, and at 20, he registered the TechnoNIKOL company for the production of roofing materials. The business development scheme was simple: purchase of an old plant, its modernization, production output. For 10 years, the corporation, which began with the production of roof membranes, has grown into a large-scale international company, which in 2005 took 1st place in the production of building materials in Europe. Its founder Sergey Kolesnikov in 2017 was ranked 114th among the richest businessmen in Russia by Forbes with a fortune of $ 900 million. This did not prevent him from also excelling in social activities, charity and sports.

  • FULL NAME: Kolesnikov Sergey Anatolievich
  • Date of Birth: February 25, 1972
  • Education: Moscow Institute of Physics and Mathematics (1995)
  • Business start date/age: 1992, 20 years old
  • Type of activity at the start: roofing
  • Current activity: production of roofing and insulation materials
  • Current state (2017, Forbes): $900 million

When, in the early 1990s, two MTFI students Sergey Kolesnikov and Igor Rybakov began taking private orders for the installation and repair of roofs, no one could imagine that an innocent desire to earn pocket money would grow into a large corporation, would work on the territory of 7 countries of the world and export products to another 82 countries.

Sergei Anatolievich Kolesnikov – Russian entrepreneur and founder of an international business based on the TechnoNIKOL company, which for several years has been included in the list of 200 richest businessmen in Russia. He is a member of the Presidium of the General Council and the head of the Antimonopoly Committee of the public organization “Business Russia”, and also performs the functions of a public ombudsman for antimonopoly legislation. In 2017, his net worth, according to Forbes, reached $900 million.

Figure 1. Dynamics of the state of Kolesnikov S.A.  in 2015-2017, mln USD Source: Forbes

Figure 1. Dynamics of the state of Kolesnikov S.A. in 2015-2017, mln USD
Source: Forbes

The success story of a millionaire begins in the harsh 90s. When many chose to go with the flow and could not adapt to new market conditions, Sergey Kolesnikov and his partner decided to create their own business from scratch.

“Crisis is the perfect time to build bridges. Only in a crisis can you get the best quality at the lowest price in the shortest possible time and at the right time. From the point of view of project organization and real work, it is simply impossible to think of a better time than a crisis.”

In 1992, he started with the manufacture and repair of roofs for private orders, and in 2016 he owned 50% of a colossal business based on the functioning of 51 manufacturing enterprises. The development process of TechnoNIKOL is a gradual expansion of the range of regions of presence.

  • 1994 – the first plant in Vyborg;
  • 1997-1999 – factories in Ukraine and Belarus;
  • 2001-2003 – enterprises in Lithuania;
  • 2005-2016 – divisions in Italy, Germany, Scotland, Czech Republic, Poland.

For his contribution to the development of a business with a wide geography of activity, the millionaire was awarded the international award “Entrepreneur of the Year – 2013”.

Figure 2. With the head of the transport company Fesco in the framework of the Eastern Economic Forum.  Source: website PrimaMedia.ru

Figure 2. With the head of the transport company Fesco in the framework of the Eastern Economic Forum.
Source: website PrimaMedia.ru

In a brief biography of the brilliant businessman Sergei Kolesnikov, there is a place for active social activity. Now he heads the Antimonopoly Legislation Committee of the public organization Delovaya Rossiya and is also a member of the Public and Business Council under the FAS Russia.

Reference! For active public work to improve the Russian antimonopoly legislation in 2015, the businessman received gratitude from the President of the Russian Federation V. Putin.

He is fond of biathlon, participates in competitions in sailing regattas, carries out patronage activities in the direction of supporting Russian sports, for which in 2015 he was awarded a commemorative sign “Patron and Benefactor of the Year”.

The entrepreneur himself considers his significant successes in business, social activities, and sports to be the result of many years of hard work. Secrets of Sergey Kolesnikov’s success in his interview

How the TechnoNIKOL corporation was born

On February 25, 1972, a son, Sergei, was born into a family of Ulyanovsk workers. After graduating from high school, like dozens of other boys, he entered the Moscow Institute of Physics and Technology at the Faculty of Applied Mathematics and Physics.

In a university dormitory, he met his future business partner, Igor Rybakov. During the first summer vacation, friends decided to earn extra money and placed an ad in the newspaper about the installation and repair of the roof.

“We needed a job for 3-4 months to earn money for the coming school year. In addition to the manufacture and repair of roofs, we did not know how to do anything that was required at that time in Russia.

So the first roof appeared, a year later – the second. In 1992, through acquaintances, young roofers managed to get the first major order – the repair of the roof of a shoe factory in the city of Kimry. Then friends understand the need to register a company. So there was a small company “TechnoNIKOL”.

Reference! In 1993, Sergei Kolesnikov and his partner needed a large batch of membrane coatings to repair the roof. They placed an order, but only the Uchalinsky plant in Bashkiria agreed to fulfill it, which was engaged in the production of roofing material mainly out of desperation: more than half of the production capacity of the enterprise was idle. Roofing students became interested in roofing equipment and soon realized that it could be reconfigured for the production of membranes. Then the partners had the idea of ​​buying out and modernizing one of their Soviet factories.

For the next 2 years, the partners worked actively and saved money, and in 1994 they acquired the first plant for the production of roofing and waterproofing materials in Vyborg. It became the starting point for the geographical expansion of the TechnoNIKOL enterprise in Russia.

The formation of a giant enterprise

The affairs of a small enterprise went uphill: despite the crisis, people needed roofs, and the newly minted entrepreneurs realized the need for expansion.

In 1997, the first branch of TechnoNIKOL was opened in Belarus, and in 1999 a plant in Ukraine began to operate.

Figure 3. At the opening of the TechnoNIKOL plant in Kiev, 1999. Source: Delovoy Rostov website

Figure 3. At the opening of the TechnoNIKOL plant in Kiev, 1999.
Source: Delovoy Rostov website

Sergey Kolesnikov and Igor Rybakov realized that further expansion of the business has prospects, since the roof can be confidently classified as a commodity of prime necessity.

  • 2001 – the Lithuanian plant Gargzdu Mida was acquired, on the basis of which the production of shingles under the Shinglas brand began.
  • 2002 – the production of thermal panels, stone wool and other heat-insulating materials under the Techno brand begins.
  • 2003 – the company’s sales network was expanded to 50 sales units.
  • 2004 – TechnoNIKOL branch was opened in Warsaw, and Luxard composite roof tiles were added to the product range.
  • 2006 – a plant for the production of waterproofing materials for prefabricated buildings Logicroof was opened in Russia.
    Figure 4. With the head of Chuvashia, Mikhail Ignatiev, 2013. Source: official website of the TechnoNIKOL - building systems company

    Figure 4. With the head of Chuvashia, Mikhail Ignatiev, 2013.
    Source: official website of the company “TechnoNIKOL – building systems”

  • 2013 – two Italian factories for the production of building materials were purchased.
  • 2015 – on the initiative of Kolesnikov, a private German manufacturer of waterproofing materials Börner was acquired.
  • 2016 – Superglass Holdings PLC, the largest glass wool manufacturer in Scotland, was acquired.
  • 2017 – dialogue is underway to open a plant in India.
Figure 5. Signing of a memorandum on the construction of an enterprise in India.  Source: StroySMI website

Figure 5. Signing of a memorandum on the construction of an enterprise in India.
Source: StroySMI website

Reference! In 2005, TechnoNIKOL took the first place in Europe in terms of production of roofing membranes, the main material in the manufacture of roofs. Until now, it has been among the top five leaders in the production of building materials in the EU market, having 51 factories, a network of representative offices in 34 countries, over 500 independent distributors, 7 thousand employees. In 2016, the company’s revenue exceeded 70 billion rubles.
Source: official website of the company “TechnoNIKOL – building systems”

Sergey Kolesnikov independently worked out the concept of development of each division of the holding, investing his knowledge and vast experience in them. In 2004, he established the TechnoNIKOL Science Center to develop new generation building materials.

Enthusiasm for the main business did not become an obstacle in the development of other areas of activity: the acquisition of shares in the Silver Bear corporation and the Ulyanovsk GZS.

Social activities of Sergei Kolesnikov

In 2012, when the business reached a stable level of development, Sergey Kolesnikov took up social activities. The experience of functioning of TechnoNIKOL enterprises in the EU has shown that it is difficult to develop business in Russia due to the limitation of competition in the market by natural and artificial factors.

  • 2012 – Member of the Presidium of the General Council of the public organization “Business Russia”.
  • 2014 – public representative of the Commissioner under the President of the Russian Federation for the Protection of the Rights of Entrepreneurs, Ombudsman for Antimonopoly Law, member of the Public and Business Council under the Federal Bailiff Service (FSSP).
  • 2015 – Head of the Antimonopoly Legislation Committee of the NGO Delovaya Rossiya.

Reference! In 2015, Sergei Kolesnikov initiated amendments to Art. 178 of the Criminal Code of the Russian Federation “Prevention, restriction or elimination of competition”.

Figure 6. At the presentation of his own book, 2014. Source: information portal of the Khabarovsk Territory

Figure 6. At the presentation of his own book, 2014.
Source: information portal of the Khabarovsk Territory

In 2013-2014 the millionaire co-authored two books about business: “TechnoNIKOL is the main role. Episodes, portraits, meanings (with I. Alshuter) and “Efficient production in Russia? Yes!” (with I. Alshuter, T. Bertova).

Interesting biography facts

  • The family of Sergei Kolesnikov is a wife and four children.
  • The main hobby of a brilliant entrepreneur is sports. He is fond of biathlon, football and has repeatedly participated in competitions in sailing regattas.

    “Biathlon is a good sport, it brings up determination, willpower. Indeed, many, especially in Russia, lack perseverance in business: there are many ideas, but only a few can bring them to the end. Biathlon, like any sport, builds character. But it has its own characteristics: you need not just to run, but also to remember that shooting is coming soon, and it is important to be able to concentrate, cope with excitement, and think.”

    Figure 7. At the competition.  Source: Rupor online magazine

    Figure 7. At the competition.
    Source: Rupor online magazine

  • The millionaire is an ardent supporter of the idea of ​​lean production (lean production), the essence of which he met in Europe and has been introducing into the work of TechnoNIKOL since 2005.

Reference! The businessman actively sponsors biathlon schools in Ulyanovsk and Ryazan, and in 2012 he built a modern biathlon stadium in his hometown.