Sochi/Moscow, 23.05.2011: In spring 2011 Rцdl & Partner, a leading international consulting firm of German origin opened a new office in Sochi, thus establishing its presence on the Black Sea coast. Iurie Borsci, Auditor, Head of Business Development CIS, was appointed Head of the new office. Rцdl & Partner offers outsourcing of the accounting function as well as comprehensive tax and legal advisory support services. Now, with two and a half years still to go to the Winter Olympics, Russian and foreign businesses are looking closely at Sochi in search of interesting and high-yielding projects.
The successful promotion of this Black Sea resort as the city hosting the 2014 Winter Olympics has triggered an investment avalanche of USD 12 billion. «In addition to offering attractive returns, the Russian market and in particular Sochi — due to its specific investment terms and conditions — involves significant expenditures, unexpected risks and pitfalls,» explains Iurie Borsci. «Based on the decades of our presence at the Russian market, we have accumulated valuable first-hand experience of working at the Russian market and good knowledge of its specifics. Thus we are in a unique position to offer our clients comprehensive and relevant professional advisory assistance and support their Sochi projects.»