Background
Babkin was born in 1971 in the town of Miass, Chelyabinsk region.
Babkin was born in 1971 in the town of Miass, Chelyabinsk region.
In 1994, he graduated from the faculty of molecular and chemical physics of Moscow physic-technical institute.
Since 2005 he has been the president of the Joint-Stock Company «New commonwealth». The company includes 20 enterprises located in Rostov region, Moscow, Kazakhstan, Ukraine, Canada and the United States of America. Key assets of the holding are Rostselmash, Empils and Buhler Industries (Farm King, Versatile). The annual turnover is more than 1 billion dollars.
The main shareholders of "New Commonwealth" are its three founders and managing directors: Babkin, Dmitry Udras and Yuri Ryazanov.
In November 2004, Babkin was elected the president of the association "Rosagromash". 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% of the vote.
One of the organizers and co-chairman of the Moscow Economic Forum.
He is the chairman of the Federal Council of the political party "Party Action" and the president of "New Commonwealth" Limited and association "Rosagromash."
On 3 September 2010, Babkin initiated the creation of the organizing committee of all-Russian political party Party Action ("The Party of Business"). On 14 October 2010, at the constituent congress, he was elected the chairman of the Federal Political Party Council.
He is the member of the Bureau of the Central Council of Russian Engineering Union. He is a member of deputy group "Veche", and a member of the budget, finance and economy committee.