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The contest for the fifth anniversary of The Business Book of the Year in Russia award has concluded

PwC’s jury panel for The Business Book of the Year in Russia award chaired by the renowned entrepreneur and philanthropist Ruben Vardanyan have drawn up the results of the fifth annual competition. Winners and prizes have been announced in three nominations.

Best Book by a Russian Author:

  1. A Billion-Dollar Start-Up: a Detailed Guide to Launching a Digital Business by Maxim Spiridonov and Vyacheslav Makovich
  2. Fifty Mistakes that Will Kill Your Start-up by Nikita Prokhorov and Dmitry Sidorin
    Synergy Book
  3. It’s her Business: Ten stories on How to do Business Beautifully Yulia Vishnevetskaya, Olga Volkova, Yulia Dudkina, Bertold Kork, Artem Kostyukovsky, Vladislav Moiseev, Ivan Prosvetov, Dmitry Sokolov-Mitrich, Anna Titova and Yulia Chaikina


Best Book by a Foreign Author:

  1. Bank 4.0: Banking Everywhere, Never at a Bank by Brett King
    Olymp Business
  2. The Haier Model: Reinventing a Multinational Giant in the Network Era by Cao Yangfeng
    Olymp Business
  3. Bedtime Stories for Managers: Farewell, Lofty Leadership . . . Welcome, Engaging Management by Henry Mintzberg
    Olymp Business


 Best Book to Help Business:

  1. Growth Drivers: How a Mid-sized Company Can Become a Giant by Nikolay Molchanov
  2. 8½ Steps: Live, love and work at full throttle by Yaroslav Glazunov and Tatiana Mitrova
    Alpina Publisher
  3. The Master of Big Sales: the Art of Signing Large Contracts by Dmitry Senderov
    Alpina Publisher

“I can’t help mentioning that we are truly happy to see the growing interest to the Award,” admitted Igor Lotakov, PwC Russia’s Country Managing Partner. “This year 178 participation requests were submitted which is twice as much as last year. 23,574 users voted at Crowdspace (last year there were 6,000 fewer voters). PwC’s unique award was covered by over 4,000 publications in open media sources (six times more than last year). While last year six publishing houses contented for the prizes, this year there were eight.”

Nomination- and prize-winners comprised two books by Bombora and Alpina Publisher and three Olymp Business books which stormed all three places in the Best Book by a Foreign Author category. It is noteworthy that Olymp Business has been on a winning streak in this nomination for several years now.

All winning books got far more votes than the runners-up.

Here is how the usually scant on compliments Alexey Bobrovsky, Head of Economics Programme Service, Russia-24 TV, praised EKSMO’s A Billion-Dollar Start-Up: a Detailed Guide to Launching a Digital Business by Maxim Spiridonov, Vyacheslav Makovich, “A clear narration structure. As mentioned in the annotation, this book could really be used as a roadmap to implement a start-up project. Worthy of special mention are good business cases provided to illustrate the topic. To cut the long story short, this book could be useful, it is not a shame to have one on your bookshelf.”

Andrey Klepach, Deputy Chairman, Chief Economist, and Member of Management Board, VEB.RF, highlighted another winner, Olymp Business’s Bank 4.0: Banking Everywhere, Never at a Bank by Brett King, “Breaks down sophisticated processes in simple terms. A must-have for every businessman inquisitive about the essence of today’s finance notions and motions. The author depicts banking technologies from the business needs’ perspective guided by his own view on the future of money (e-coin, FinTech, etc.).” “I think it is the best book I’ve read over the last year,” agrees Oleg Bogdanov, Head of Economics, Kommersant FM radio. “A comprehensive approach to skim through today’s finance agenda.”

“I truly enjoyed reading many of these books,” Maksim Vasyukov, Deputy General Director for Media, RBC, admitted.

Which is a good thing, of course.

PwC decided to hold the award ceremony in autumn when, hopefully, the COVID-19 pandemic will subside, and social gatherings will be reinstated. We will notify you on the exact date later.

However, we can already hint that this year the ceremony will feature an additional prize from Ruben Vardanyan, the permanent Chairman of the Jury (Ruben wishes to keep the details about who and what for will receive the prize a secret till the very ceremony).

Giving a general account of PwC’s Business Book of the Year in Russia award, Mr. Vardanyan observed, “Over the last few months, confined with our families or even in the privacy of our own mind, many of us have rediscovered the value of books in our lives.  I would like to reiterate that PwC’s idea to establish the annual Business Book of the Year in Russia award drawing together more readers, authors and publishers every year was brilliant. I am deeply touched by the honour of leading a wonderful team of experts for the fifth year straight. Together, we are doing something very important and fascinating, and I decided to celebrate this first anniversary by personally conferring a special prize for the best business book of the quinquennium.”

Note for the editor:

For more details on the Business Book of the Year in Russia award, check out the award’s official website:

Nominees for the award do not include:

  • books in electronic form that have not been published in hardback or softback;
  • books published in fewer than 1,000 copies.  

PwC and CrowdSpace make every possible effort while holding the contest to ensure compliance with the principles of objectivity and transparency and to prevent unethical behaviour. To ensure compliance with the above terms, CrowdSpace is entitled to: 

  • issue a warning to a participant if the vote numbers for the book they proposed appears to have been driven up by affiliates or if the book is promoted in any way prohibited by these rules;
  • remove a book from the contest if the participant who proposed the book repeatedly violates these rules or if new instances of the book’s inappropriate promotion have been revealed;
  • exclude a participant from the contest if they repeatedly violate these rules.

PwC Russia ( provides industry-focused assurance, tax, legal and advisory services. Over 3,000 professionals working in PwC offices in Moscow, St Petersburg, Ekaterinburg, Kazan, Novosibirsk, Rostov-on-Don, Krasnodar, Voronezh, Vladikavkaz, Ufa, Nizhniy Novgorod and Perm share their thinking, experience and solutions to develop fresh perspectives and practical advice for our clients.

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