Career
In 1992, Babkin became the co-founder of the Joint-Stock Company Industrial Association Commonwealth. Since 2005 he has been the president of the CJSC Production Association Novoe Sodruzhestvo.[9] The company includes 20 enterprises located in the Rostov region, Moscow, Kazakhstan, Ukraine, Canada and the United States. Key assets of the holding are Rostselmash, Empils and Buhler Industries[10][11] (Farm King,[12] Versatile[13]). The annual turnover is more than 1 billion dollars.
The main shareholders of Novoe Sodruzhestvo are its three founders and managing directors: Babkin, Dmitry Udras and Yuri Ryazanov.[14][15]
In conjunction with Dmitry Udras and Yuri Ryazanov withdrew Empils (1998) and Rostselmash (2000) plants from the crisis of the 1990-s.[16]
In November 2004, Babkin was elected the president of Rosspetsmash association,[18] renamed in 2017 in Rosspetsmash. He is the member of the Bureau of the Central Council of Russian Engineering Union.[19]
On 8 October 2006, he was elected the deputy of Novgorod Regional Duma of the fourth convocation in the Free Russia party list, which he headed (11.03%). He is a member of deputy group Veche, and a member of the budget, finance and economy committee.[20]
On 3 September 2010, Babkin initiated the creation of the organizing committee of all-Russian political party Party of Business. On 14 October 2010 at the constituent congress, he was elected the chairman of the Federal Political Party Council.[21]
chairman of the board of the Chamber of Commerce and Industry of the Russian Federation on Industrial Development and Competitiveness of the Russian Economy.[6]
One of the organizers and a co-chairman of the Moscow Economic Forum.[22]
On 2 March 2022, Buhler Industries announced that Babkin had resigned as chairman and from the board of directors of the company.[23][24]
Babkin supported the Russian invasion of Ukraine in 2022.[25] After Russia's annexation of Crimea in 2014, Babkin said to a crowd at a rally, "We should not stop at Crimea!".[1]
