RUSPROFESSIONAL INDUSTRIAL LOCALIZATION OF YOUR BUSINESS IN RUSSIA
We provide professional advice, full scope of quality services and turnkey solutions for your Russian market business development needs
OUR SERVICES
UNDERSTANDING LOCALIZATION AND IMPORT SUBSTITUTION
Localization is a way for a foreign manufacturer’s goods to receive the status “Made in Russia” and participate in public procurement tenders without limitations.
However, not every product made in Russia is acknowledged as coming from Russian origin. Localization of a product in Russia may be achieved by:
Fulfilling certain criteria depending on the type of good
Concluding a Special Investment Contract (SPIC) with the State
A foreign company should decide which method of localization in Russia is more beneficial for business, taking into consideration its current circumstances, potential benefits, and risks associated with investment.
However, there is a scenario where foreign products are exempt from the pressure to localize.
WHY LOCALIZE IN RUSSIA
Import substitution and localization of production have become an increasingly important trend in the Russian economy in recent years. In 2014 the trend received a bigger push due to the political decision made by the Russian government and legislators to drastically decrease dependency on foreign goods and services and adopted import substitution as a national industrial policy.
1
Localization remains one of the major goals for the Russian government, and new laws, resolutions and orders are being developed and implemented
2
According to tightened regulations, an increasing number of imported goods must be substituted by locally produced products in the public sector
3
It is progressively more important for foreign companies to adapt and manage with changing conditions and uncertainty
4
There is a general trend among Russian purchasers within the public sector and state-owned companies to choose local goods, even if there are no current restrictions for procuring foreign products
WHO WE ARE ?
We are a team of goal oriented, knowledgeable, experienced, and resourceful advisors, some of which are ex-government employees. We wield extensive multi-industrial background aimed at long-term cooperation based on proven corporate standards and respect of the interests and confidentiality of our customers and respected partners.
WHAT WE DO
The specific terminology and evolving legislation used in Russia around import substitution and localization may be quite confusing.
Understanding all the aspects of the “Made in Russia” status, the importance of terminology, and emphasis can not be underestimated.
Our competent team can provide turnkey professional assistance and advice on all of the essential aspects of localization and development of your business in Russia which include, but are not limited to:
Market research and analysis
Financial planning and business modeling
Government relations and support
Business matching and partner/ contractor evaluations
Localization scenarios (placement, preferences, and benefits)
EPC supervision and control
Product certification and company accreditation
Marketing, sales, and business development support
Legal advice
Staffing
CONTACT US
request a call
CHOOSE PROFESSIONALS !
SUCCESSFUL LOCALIZATION CASES:
OUR APPROACH
You submit a request or make a call.
We provide you with a free consultation.
You choose the set of services that fit your case.
We agree on the terms of our work and sign the agreement.
We make sure that you are completely satisfied with our services.
You provide agreed upon payment.