Vladimir Mlynchik, a distinguished entrepreneur and electrical power engineer, has become a trailblazer in revolutionising the energy sector through his innovative company, Volts Group. His journey from a young student with a passion for engineering to a leading figure in international business development showcases the power of vision, persistence, and ingenuity in the world of technology and management.
From the moment he graduated, Vladimir Mlynchik embarked on a career in the electricity sector, following in the footsteps of his esteemed grandfather and father, both of whom were influential engineers. His early fascination with electricity and innovation led him to explore new frontiers in the industry. An experience that profoundly influenced his approach occurred during a rock concert in Amsterdam. Inspired by his idol, Carl Barât of The Libertines, Vladimir seized the opportunity to meet the band and ended up partying with them until dawn. This bold act underscored a vital lesson for him with passion and determination, anything is achievable.
Vladimir Mlynchik’s current focus is on advancing his companies, Volts Battery and Volts Energy UAE, both headquartered in Masdar City, Abu Dhabi. Volts Battery is at the forefront of producing smart energy storage systems, providing cutting-edge solutions designed to meet both home and industrial energy needs. These advancements are critical in addressing global energy challenges and represent a significant leap forward in electricity management and innovation.
Volts Energy UAE offers a wide range of engineering services within the power industry, specialising in low-carbon solutions and advanced energy strategies. The company is known for its expertise in designing and engineering high-voltage substations, power lines, and power stations. As a system integrator for utility-scale energy storage, Volts Energy UAE plays a crucial role in integrating advanced technologies into the power grid, thereby contributing to the development of sustainable energy solutions.
Reflecting on his career, Vladimir Mlynchik recalls the initial challenges he faced. During his third year at Peter the Great St. Petersburg Polytechnic University, he and a classmate embarked on their first business venture in electrical engineering. Balancing academic responsibilities with entrepreneurial pursuits, they navigated a steep learning curve with limited real-world experience. These early experiences, although challenging, were instrumental in shaping his approach to international business development and management.
Among Vladimir Mlynchik’s notable achievements is the establishment of Volts Group, a globally recognized enterprise that has made significant strides in the energy sector. Despite the complexity of their products and services, Volts Group has successfully addressed the needs of a diverse international market. This success highlights Vladimir’s ability to navigate the complexities of macroeconomic and behavioural economies on a global scale.
Currently, Vladimir Mlynchik is leading an ambitious project to develop a gigafactory in the UAE. This initiative aligns with his long-term vision for the energy sector, aiming to expand the capabilities of Volts Group and push the boundaries of what’s possible in energy storage and management. His strategic goals also include exploring wireless electricity transmission and space-based energy solutions, with a vision that spans 40 years. Vladimir’s ambitious plans seek to provide electricity access worldwide and achieve a market capitalization of around $100 billion.
In his personal life, Vladimir Mlynchik finds inspiration in Valery Babanov, a mountaineer renowned for climbing 8,000-metre peaks without supplemental oxygen. Their shared experiences in mountaineering have reinforced Vladimir’s commitment to physical and mental endurance. This resilience is mirrored in his professional endeavours, where he applies the same determination and tenacity to overcome obstacles and achieve his goals.
When faced with challenges, Vladimir Mlynchik emphasises the importance of maintaining a balanced approach to work and life. He acknowledges that physical fitness, proper rest, and personal well-being are crucial for sustaining success. The values instilled by his parents—resilience, inner strength, and the ability to stay motivated—have been integral in navigating the ups and downs of his career.
Reflecting on his career, Vladimir Mlynchik views past failures as essential learning experiences. The closure of his first company, a general contracting venture, was a significant setback. He recognizes that his intense focus on his role as CEO led to neglecting personal well-being, which ultimately impacted the business. This experience has reinforced his belief in the importance of balance and self-care, which he now prioritises in his professional life.
As Vladimir Mlynchik looks to the future, he envisions a transformative legacy within the energy industry. His plans for the next few decades involve advancing engineering technologies and expanding into emerging markets, particularly in Africa, the Middle East, and East Asia. Through Volts Group, Vladimir Mlynchik aims to make a lasting impact on global energy access, driving innovation and sustainable development on a planetary scale.
Vladimir Mlynchik’s journey from an aspiring entrepreneur to a leading innovator in the energy sector exemplifies the power of perseverance, vision, and relentless pursuit of excellence. His story is not only about technological advancement but also about inspiring others to believe in their own potential and to dream big. For more information about his work and innovations, visit Volts Group.