M:Communications Announces 2012 Results for Russia, Plans to Reinforce Leading Position in the Region

LONDON and MOSCOW, March 20, 2013 /PRNewswire/ --

Company to continue hiring best talent in the market

Will reinforce financial PR and IR capabilities with global capabilities of King Worldwide

Commitment to continue holding the most stylish parties in Russia

M:Communications ("M:Comms") today announced 2012 financial and operational highlights for Russia, and confirmed plans to strengthen further its already market-leading team.

Financial and Operational Highlights:

• Annual revenue growth in Russia of c. 50%
• Advised on the most successful IPO of the year, MD Medical Group
• Advised on Brunswick Rail's USD 600 million Eurobond (Euromoney EMEA Deal of the Year)
• Key strategic hires made - Thomas Kiehn, Ekaterina Romanovskaya and Timofey Pletz
• New prestigious mandates including IBS Group, Novorossiysk Commercial Sea Port and Tinkoff Credit Systems
• 100% client retention
• 300 bottles of champagne consumed at the M:Comms Christmas party

Tom Blackwell, head of M:Communications Russia, said:

"Since we opened our Moscow office in 2010, we have set out to hire the very best Russian and international talent in the market. This is what we have done, and what we will continue to do.

"Today we already have more professionals dedicated to Russian clients than any other international agency. We expect to expand this gap further in 2013, as we continually look to reinforce our team in Moscow, London and other financial centres of relevance to our Russian clients.

"An additional strategic objective for this year is to integrate more closely the global resources and capacity of King Worldwide, which includes digital communications, financial PR, IR and proxy solicitation from offices in New York, London, Madrid, Stockholm, Dubai, Cape Town and Hong Kong.

"At the same time, we recognise that in any profession - not least our own - we shouldn't take ourselves too seriously all of the time. 2013 will see an even more robust and classy M:Comms social agenda. Naturally we will be repeating landmark events such as the M:Comms bankers' five-a-side football championship and the world-famous M:Comms Christmas party. And we have a lot of new, stylish ideas for this year which we will be unveiling soon."

King Worldwide CEO Terry Thompson added:

"We have succeeded in creating the number one franchise in Russia by being prepared to invest and bringing in the best people in the market. Russia remains a key strategic priority for the Group, and we will continue to provide all the necessary backup and resource from our offices around the world to support our Moscow team in retaining and building on its leading market position."

Contacts

Moscow
Tom Blackwell
+7-919-102-9064
+7-495- 363-2841
blackwell@mcomgroup.com

London
Peter Morley
+44-7725-757-046
+44-20-7920-2364
morley@mcomgroup.com

SOURCE M:Communications Russia