Month: February 2021
Online seminar “Russian Market: FAQ. Day 2”
On February 25th the second online seminar of the two-day event series “Russian Market: FAQ” was held. We were pleased with the participants who attended the first meeting, as well as new listeners.
This time the focus was on customs clearance, banking business, and entry opportunities, which were examined through case studies.
The meeting was opened with an overview by Dr. Georg Schneider (swilar GmbH) about the various options for the presence of German companies in the Russian market, the advantages and disadvantages of these options.
Anna Urumyan (Representative Office of the State of Lower Saxony in the Russian Federation, Representative Office of the German Academy of Management of Lower Saxony in Moscow, BMS LLC) assessed the Russian market from the perspective of companies from Lower Saxony. She gave examples of projects in Russia, taking into account the peculiarities of customs clearance and certification.
The experience of Thuringian companies in Russia was summarized by Guzel Shaikhullina (Thüringen International in Russia) and Irina Heiss (Thüringen International, Landesentwicklungsgesellschaft Thüringen GmbH)
The topic of banking business in Russia was brought up by Maxim Lubaskin (Rosbank). He outlined the differences and similarities compared with Germany, using financing and hedging transactions as examples.
Elena Balashova (Balashova Legal Consultants) discussed current opportunities for entering Russia and peculiarities of migration issues for foreign employees.
Igor Bruyevich (KWS RUS LLC) shared the experience of KWS Group in establishing an enterprise in Russia.
At the end of the seminar participants actively asked questions, which proves that the topic is very relevant. We will be organizing similar meetings in the future, so please follow our announcements and news.
The event was held in the framework of German-Russian Thematic Year of Economy and Sustainable Development 2020-2022.
Organized by: swilar, Bavaria Representation Office in the Russian Federation, Lower Saxony Representation Office in the Russian Federation, NRW.Global Business Russia and Thüringen International with active cooperation of KFW IPEX-Bank and Rosbank as well as the auditing company “Sterngoff Audit” and the law firm Balashova Legal Consultant.
Latest changes in restrictions on entry to the Russian Federation
Multiple entry for highly qualified specialists allowed
According to Decree of the Government of the Russian Federation No. 258-p dd. 06.02.2021 foreign Highly Qualified Specialists (HQS) as well as their family members are allowed multiple entries into the territory of the Russian Federation.
Separately, we would like to note that in order to enter the territory of the Russian Federation these foreign citizens must be included in the list (with an indication of the checkpoint across the state border of the Russian Federation and the date of entry) sent to the Federal Security Service of Russia and the Ministry of Internal Affairs of Russia by the federal executive authority, which competence the organization – employer or customer of works (services) is.
Contacts:
Maria Matrossowa
Tatiana Ushakova
Other news
20.02.2025
Procedure for authorizing transactions with shares in the capital of limited liability companies defined
Online seminar “Russian Market: FAQ. Day 1”
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.
