Pavel Melnikov is a successful Russian entrepreneur, major investor, founder, and sole owner of many profitable businesses that are engaged in the manufacture and trade of quality sanitary and plumbing equipment. Moreover, he is considered to be one of the biggest innovators and trademark holders, with more than 100 patents that helped revolutionize the Russian sanitary industry.
Pavel Melnikov’s education
Pavel Melnikov was born in Leningrad (today’s Saint Petersburg), Russia, in 1964. From an early age, Melnikov expressed interest in engineering and technology, so his decision to attend Leningrad Electrotechnical College, where he specialized in Electric equipment for the production of plants and installations, did not come as a surprise. After graduating with distinction, he entered the Leningrad Mechanical Institute (now known as the Baltic State Technical University) where he obtained a degree in Radioelectric equipment.
Career beginnings
During his studies, in 1990, Melnikov got his first job as an electrician of computers at the company called Burevestnik LNPO. Later that same year, he came to a decision to try his hand at the DSK-2 Design and Industrial Construction Association in Saint Petersburg where he spent the following two years.
Taking the first entrepreneurial steps
It was in 1992 when Pavel Melnikov decided to change his career path and start working toward achieving his greatest dream of becoming a well-known entrepreneur and a successful business owner who will manage to make a name for himself.
One of the first things on this path was to conduct a comprehensive market analysis, searching for products and services that were in demand but not available on the Russian market at that time. Once he realized the sanitary market was in dire need of effective plumbing, sanitary, and heating solutions, he saw his chance in engineering plumbing and decided to take the lead.
Before long, Melnikov established one of his most recognizable brands called VALTEC. The company quickly took off and became profitable largely due to its innovative sanitary solutions and high-quality products that aimed to satisfy even the most demanding of customers. VALTEC is today considered one of the most successful companies and a leader in the Russian plumbing industry, with some products holding up to a 30% share of the entire market in Russia.
Becoming an established entrepreneur
Due to his remarkable entrepreneurial skills and outstanding leadership qualities, Pavel Melnikov managed to establish several other highly-profitable companies that quickly stood out as the market leaders and became well-known brands in the sanitary industry.
One of them is Vesta Trading LLC, a company that is considered to be one of the largest plumbing equipment suppliers in Russia. Moreover, in an attempt to provide direct import of high-quality Italian radiators and heating equipment, Melnikov established another successful trading company called NovaTerm LLC in 2009.
Following the market trends, Melnikov sets up Energoresurs LLC, a company that is involved in the design, production, and installation of modern heating systems.
In addition, being the owner of various registered trademarks, including Brixis, Tenrad, and Minkor, he decided to start granting non-exclusive rights to their use which allowed for a number of plumbing products to be manufactured under his licenses.
Currently, Pavel Melnikov is looking to develop innovative plumbing solutions that will further improve efficiency and meet quality standards within the sanitary industry. Also, he plans on changing his investment strategy, increasing his investment activity, as well as expanding his business to other countries.
