MacDougall's is the only fine art auction house to specialise exclusively in Russian, Ukrainian and Eastern European art. The biannual sales during London's Russian Art Week in June and December feature works by Russian masters from the 19th to the 21st century, works on paper, icons and works of art. We were the first international auction house with representatives in Moscow and Kyiv. MacDougall's has developed an extensive client base in Russia, Ukraine, and the CIS, nurturing close relationships with collectors, and we regularly take preview exhibitions to both Moscow and Kyiv. All staff members are Russian speakers and we collaborate with leading Russian art experts, institutions and artists. The Russian art market has shown exceptional signs of recovery since April 2009 and continues to go from strength to strength. What remains clear is that there is significant demand for high quality works. Annual sales now total over £10 million and we have established several new world records, including record auction prices for works by Aleksandr Deineka, Ilya Repin, Zinaida Serebriakova and Kuzma Petrov-Vodkin. Since the firm's founding in 2004, MacDougall's has risen to become one of the three world leaders in Russian art at auction and now holds a quarter of the global market. With plans for growth and expansion into several areas including private treaty sales, continued growth is expected.