Early Life
Roman Avdeev was born on July 17, 1967, in Odintsovo, Moscow region. He was raised in an ordinary family and attended a local school. He displayed an interest in radio electronics and enrolled in Moscow Power Engineering Institute in 1984, though he was drafted into the army after two years. He later graduated from Lipetsk State Technical University in 1996 and completed a banking course at Moscow International University of Business and Information Technologies in 1999.
Rise to Success
Avdeev's entrepreneurial journey commenced in the late 1980s, selling radio components and decoders for televisions. He expanded into importing computer equipment, forming a business relationship with ElectronMash. A pivotal moment arrived in 1994 when he acquired Credit Bank of Moscow. He made a fortune in the cash-handling business. He invested in agriculture in 1996, but sold it in 2006. Avdeev consolidated his assets in 2006 with the Rossium Concern holding company. Through Rossium, he became involved in real estate, development, and the pharmacy chain '36.6'. He bought a controlling stake in drug-maker Veropharm in 2013. He sold all his Russian assets, including Credit Bank of Moscow, in 2024.
Key Business Strategies
Avdeev's strategy has been marked by diversification and strategic acquisitions. He focused on banking, capitalizing on the cash-handling business. He expanded into real estate and pharmaceuticals, enhancing his portfolio. He has also shown a knack for identifying opportunities and selling businesses at favorable prices, as seen with his agricultural ventures and the sale of Veropharm.
Philanthropy
In 2014, Avdeev founded the 'Arithmetic of Good' foundation to assist Russian orphans and adoptive families. The foundation supports educational programs and helps children with university enrollment. Avdeev has also been recognized for his contributions to social causes.
