On February 18th, the first online seminar of a two-day series of events "Russian Market: FAQ" was held, bringing together entrepreneurs, business owners, and financial directors of companies that are about to enter the Russian market.

The event started with a discussion of the experience of Bavarian companies, presented by Andreas Brunnbauer and Anastasia Nosova from the Bavarian Representation Office in the Russian Federation. They gave an assessment of the current economic development of the projects and pointed out the possible help for the business from the Bavarian Representation.

Ekaterina Karpushenkova from NRW.Global Business Russia / Moscow assessed the Russian market from the perspective of North Rhine-Westphalia companies and the potential of the North Rhine-Westphalia market for Russian companies. Her report was devoted to the German-Russian cooperation in the field of research and innovation. 

Daria Pogodina, general director of swilar, told about the important aspects of organizing a subsidiary company in Russia, and Gerts Paltsev from "Sterngoff Audit" focused on the issue of such companies obtaining the status of small and medium business in Russia.

Dominik Trayer, the Head of KFW IPEX-Bank, gave a talk on how German companies entering the Russian market can get bank financing. 

Alexander Ryabov from Hawe Hydraulik shared the experience of changing the legal form of his company from a representative office to a Limited Liability Company (Ltd).

Thanks to the moderator Dr. Georg Schneider, general director of swilar GmbH, the discussion was very dynamic and informative. The participants were able to ask the experts questions and clarify details.

The event was held in the framework of German-Russian Thematic Year of Economy and Sustainable Development 2020-2022.

We thank all the participants for the productive discussion and invite them to the second event of the series on February 25th. It will be devoted to practical examples of entering the Russian market, customs clearance and banking services.

Organized by: swilar group of companies, Bavaria Representation Office in Russia, Lower Saxony Representation Office in Russia, NRW.Global Business Russia and Thüringen International

with the active cooperation of KFW IPEX-Bank and Rosbank, HAWE Hydraulik, as well as the auditing company Sterngoff Audit and the law firm Balashova Legal Consultants.