Define the decision
Clarify objectives, project stage, constraints and stakeholders. Agree the question the assignment must answer, the information required and the expected deliverables.
Independent judgement. Personal responsibility.
Strategy, investment, delivery and operational improvement — with direct partner involvement.
Who we are
An independent consulting practice
TOP&Co helps business owners, investors and executives make decisions about growth and put them into practice. Our work brings together strategy, investment advisory, cost engineering, project management and operational improvement.
We begin with the decision facing the client: where to allocate resources, whether an investment is justified, how to establish a budget, organise delivery or improve processes. We combine economic analysis with technical and sector expertise to address that decision.
Our boutique model means direct partner involvement and a team assembled around the assignment. Named leaders and specialists are responsible for each practice; their professional backgrounds and responsibilities are available on this website.
Our purpose
A sound basis for decisions. A practical route to delivery.
We help clients understand their options, economics and constraints, and determine what to do next. Our work provides executives with a reasoned basis for making choices and their teams with a clear basis for implementation.
Our expertise
Five areas of work
Explore a practice to see its scope, deliverables and responsible experts.
How we work
From the decision to the next steps
Connect the expertise
Bring partners, practice leaders and specialists together around the assignment. Consider strategy, economics, technical assumptions and delivery arrangements as connected parts of the decision.
Examine the options
Assess available information and critical assumptions. Compare scenarios by cost, timing, risk and delivery requirements, identifying uncertainties that could change the conclusion.
Make the findings actionable
Prepare recommendations and decision materials: a model, budget, action plan or expert assessment, depending on the assignment. Where implementation support is included in scope, assist with delivery and the management of changes.
Our principles
What guides our work
Independent judgement
Test the basis for decisions, including familiar assumptions. Explain alternatives and limitations, even when they call for a change to the original plan.
Personal responsibility
Named partners and specialists take responsibility for the work. Clients know who leads the practice and whom to involve in key discussions.
Transparent reasoning
Distinguish evidence, calculations and assumptions. Explain what supports the conclusion and which additional information could change it.
Practical application
Relate recommendations to the client’s resources and organisation. Consider who will carry out the work, what decisions are needed and where constraints arise.
Our people
Partners and practice teams
Our team connects strategy, investment and operational improvement with expertise in cost, project delivery and specialist assessment. Partners work with practice leaders, selecting the team to match the assignment.
David Tonakanyan
Partner and co-founder
Professional background
Andrey Orlovskiy
Partner and co-founder
Professional background
Frunze Aleksanyan
Partner
Professional backgroundOur work in practice
Explore assignments in investment assessment, cost planning and project delivery: the client situation, our role and the materials delivered.
Explore case studiesSector context
Client situations and the considerations shaping work across eight sectors.
Our thinking
Publications and expert contributions, available in Russian.
Careers at TOP&Co
Learn about the team and share your professional experience.
Direct dialogue
Let us discuss your project
Tell us about the challenge, project stage and decisions ahead. We will discuss the scope and the right way to work together.
How we begin
- Discuss the challenge
We clarify the decision, project stage and constraints.
- Define the scope
We identify the information and expertise needed for the assignment.
- Agree the engagement
We agree the work, deliverables and collaboration arrangements.