In 2006-2012 Ivan was the Deputy Chairman and later Chairman of the Automotive Components Committee with the Association of
European Businesses in the RF.
Ivan assisted many international clients in entering or expanding the Russian and CIS markets. Among Ivan’s clients are the majority
of Russian and foreign OEMs, tier-1 and tier-2 suppliers.
Ivan gained ample media coverage with respect to expert analysis of the Russian automotive industry and regularly speaks at
industry-specific international conferences and round tables.
Prior to joining Ernst & Young, Ivan was an Advisor to the General Director for Russia and CIS of Continental AG.
Ivan holds a Bachelor’s degree in Economics and Master’s in Finance from Sofia University and an MBA degree from INSEAD.
Ivan is one of the leading advisors in Russia and the CIS countries in the area of strategic and
financial advisory to industrial manufacturing companies. In 2013 together with Michele
Blandino he established EURussia Partners LLC.
Prior to EURussia Partners, Ivan worked for SI Capital Partners (an EMEA PE fund) as a
Director, Investment Management and M&A Advisory, with particular focus on automotive and
industrial manufacturing investment portfolio and advisory deals.
In the period 2005-2012 led Ernst & Young CIS Automotive Practice based out of Moscow and
progressed from Manager to Director in the Transaction Advisory Services group. Ivan led
market research, finance projects and M&A deals, focusing on market entry strategy,
preparation of investment documentation, information memoranda, financial modeling, valuation,
and industry research.
Before joining Magnetto Group, Michele was Business Development and later MD at Bertone, the production and Styling unit of the
Before Bertone Michele held various positions in Tier-1 Automotive and Aviation companies, including as a Financial Controller.
Michele holds a degree in Economics from Modena University and an MBA degree from SAA Torino.
Michele is one of the best automotive and industrial manufacturing business development
experts in EMEA and the Asia-Pac with hands-on experience and a significant track record of
new businesses and strategic alliances. In 2013 together with Ivan Bonchev he established
EURussia Partners LLC.
In 2012 Michele worked as a Strategy and Integration Director for a forging and machining Tier-
1 supplier under the Barclays PE umbrella.
2006-2011 Michele was the Head of International Development of MA-CLN Group with direct
responsibility for Russia & CIS, India, China and South Africa. During this period he:
• Successfully established a JV with an Indian partner and started up a plant in Pune.
• Led strategy development and deployment for the AP&A FORD operations, including
various acquisitions in South Africa.
• Strengthened the tie-up with BMW, Mercedes Benz, Toyota, GM and Nissan on global programs.
• Performed a feasibility study for entry in the China market.
• Established a strategic partnership with a major Russian steelmaker.
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Eric Li is one of the leading experts in China in the automotive industry specializing in supply
chain management and business consulting.
Prior to EURussia Partners, Eric was a co-founder and General Manager of RunAsia Business
Consulting Co., LTD. The company was founded in 2009 by a successful business team with
extensive managerial experience and solid technical background in the automotive sector.
RunAsia Business Consulting has extensive experience in supply chain management and
access to all the key automotive players, including OEMs and Tier-1 suppliers.
Eric's experience and skills include numerous projects, such as:
• Market entry strategy and feasibility study advisory support to several global Tier-1 suppliers.
• Due diligence and capability assessment to support clients in M&A and JV projects.
2007-2009 Eric was the Purchasing Director of Fiat Group China.
Eric led all the sectors of the group to identify sourcing opportunities in the Asia region. He was responsible for for all key business
2002-2007 Eric worked for Ford Motor Company in China. Prior to leaving he was the Purchasing Director (Electrical & Electronic)
for Ford in the Asia Pacific region.
Eric holds a Bachelor’s degree in Mechanical Engineering from Shanghai University.