03.06.2016

On 3 June 2016, the AEB North-Western Regional Committee held an open event on “Localisation of production in Russia: tendencies, opportunities and challenges”.

The event was devoted to general issues related to the localisation of production in Russia, including regulatory, tax, financial, HR, and organisational aspects, as well as to building relations with local suppliers.

The meeting brought together AEB member companies as well as commercial representatives of the consulates in St. Petersburg, chambers of commerce and their counterparts. The invited companies included DLA Piper, YIT, Coleman Services, Commerzbank, BSH Group, Dentons, SCHNEIDER GROUP, and they were able to share their experience, concerns and solutions regarding the subject of the meeting, and outline the main areas of focus for further discussions and work in the AEB North-Western Regional Committee. Also, a representative of the Russian Agency for Export Credit and Investment Insurance (EXIAR) was invited to elaborate on Russian export promotion insurance programmes, which are one of the key components of a successful business climate. Some practical cases of companies who have already started the localisation process were presented and discussed.

The event is set to be a starting point for a series of meetings devoted to the abovementioned issue in various industries.

The participants of the open event were welcomed by Andreas Bitzi, SCHNEIDER GROUP, Chairman of the AEB North-Western Regional Committee. He also gave a short introduction on decentralisation issues in the Russian economy.

The event was kindly hosted and supported by the Consulate General of Lithuania in St. Petersburg.

The presentation is available HERE.

Photo: Participants of the event