Russian M&A market and integration features of the national energy complex

Capability of companies successful development in the growing global competition conditions are determined by the owners and managers ability to develop a global strategy in which mergers and acquisitions (M&A), including cross-border M&A-activity play an important role and allow businesses to achieve the strategic enhance competitiveness and ensure the long-term competitive advantages in domestic and global markets. In this article author summarized main indicators dynamics of the Russian M&A market over the 2010-2014 years using Agency AK&M analytical data reviews. Special attention have been given on the integration processes dynamics of M&A activity in the Russian Federation energy industry and the largest M&A transactions in this sector over the studying period have been analyzed. Analyze allow revealing corporate integration development problems and prospects of Russian companies. Dynamics of cost and quantitative indicators of M&A-activity analyze in the Russian corporate sector has shown that the most positive year in the modern history of the Russian market of mergers and acquisitions was in 2013, when the total value of M&A-transactions involving Russian companies grew almost 2.5 times and reached 120.7 billion dollars USA. The worst was the 2014, when the value of transactions decreased by more than doubled (compared with 2013). Companies of the Russian largest sector of the economy - energy sector, in the studying period has been steadily moving to build new assets, and, since 2013, energy sector is an undisputed leader of corporate integration volume in the structure of the Russian M&A market. The state remains the largest player in the market of mergers and acquisitions. The energy sector is the central platform, where it implements long-term development strategy of the major oil and gas corporations with a tendency for the acquisition of foreign assets.