Sanctions. Examples. Solutions. Forum IV
Is it worth staying in Russia?
24 June | 09:00-14:00 | House of German Economy and online
Registration is closed.
Language: English / Russian for breakout sessions
About the event
Join us for the 4th
half day forum on Friday, 24 June to discuss the operational options for your Russian subsidiary in uncertain times.
With the 6th EU sanctions package now adopted, and multiple legal changes, bank and international money transfer issues, export bans and logistics restrictions – today’s environment is as unpredictable for businesses as never before. Let’s meet at the end of June in the House of German Economy in Moscow to discuss those issues which heavily impact international businesses in Russia.
3 main panel discussions both onsite and online, 8 interactive breakout sessions onsite only.
9:00-9:30
Registration and welcome coffee
9:30-10:15
Panel discussion: is it worth staying in Russia? (English)
- Western companies leaving. Reality vs. press announcements
- Factors impacting the stay or leave decision
- Conflicts between western HQs and Russian subsidiaries
- How to model the decision process
Onsite (Moscow Hall) & online
Moderator: Frank Ebbecke
Speakers: representatives of businesses, Alex Stolarsky
10:15–10:30
Coffee break
10:30-11:15
Panel discussion: cutting costs, getting lean the right way (English)
- How to perform a cost analysis?
- How to make fixed costs variable?
- Minimum costs to run an LLC or a representative office in Russia?
- How to involve cost efficient staff from outside Russia in the Russian operations?
Moderator: Christopher Schagerl
Speakers: Oksana Bocharova, Ekaterina Mikhaylova
10:30-11:15
Parallel breakout sessions, block 1 (onsite only)
How is the Russian economy holding up? (English)
Session leader: Tom Adshead, Macro Advisory
Currency control regulations & payment restrictions (Russian)
- What payments are possible?
- For what purposes money can be transferred?
- Business travel, how to pay for it?
- Payments for services, etc.
Session leader: Natalia Dobrova
6th EU sanctions package, an overview (Russian/English)
- What is included in the sixth package
- Consulting services, what now
- Banking, de-swifting of Sberbank
- And other business limitations
Session leaders: Alex Stolarsky, Thomas Mundry, Alexander Titov
Employment, migration and personal data law issues (Russian)
- Legal issues on optimization of HR costs
- Potential risks connected with dismissal of personnel within the liquidation of companies or making them dormant
- Any outstanding HR-related legal issues
Session leader: Denis Bushnev
11:30–12:15
Panel discussion: liquidation of a company in Russia (English)
- The different specialists involved in a liquidation? What is needed for a liquidation?
- What is the difference between an LLC (OOO) and a rep office / branch office liquidation?
- How long does a liquidation take?
- What can go wrong in a liquidation?
- Liquidation versus dormant company, how to select
Moderator: Christopher Schagerl
Speakers: Alexander Titov, Andrej Steiner, Roman Tsybulevskiy
11:30–12:15
Parallel breakout sessions, block 2 (onsite only)
Currency control regulations & payment restrictions (English)
- What payments are possible?
- SWIFT issues?
- Business travel, how to pay for it?
- Payments for services, etc.
Session leader: Natalia Dobrova
Risks due to lack of IT supply and how to minimize them (Russian/English)
- Impact on business continuity for Russian companies under growing disruptions in the IT solutions supply
- Status update on IT companies deciding to limit or stop operations in Russia
- Case studies: ensuring stable accounting and business operations by integration of local IT solutions and localization of corporate IT in use
Session leaders: Ekaterina Lozhkova, Ljubomir Karadshow
Management buy-out – the solution to all issues? (Russian/English)
- What is an MBO
- Examples of companies who did an MBO in Russia
- Elements to consider in an MBO
- How to use call and put options in an MBO
- Timeframe to execute an MBO
Session leaders: Alex Stolarsky, Thomas Mundry
Logistics and import issues in a time of change (Russian/English)
- Import and export issues in Russia and the EU
- New rules and legal framework for customs clearance and transportation
- Parallel import: how it will be controlled and when does trademark protection matter
12:30-13:00
Closing panel & event recap: breakout sessions’ leaders present main findings
Onsite (Moscow Hall) & online
Moderator: Christopher Schagerl
13:00-14:00
Small lunch and networking
About SCHNEIDER GROUP
SCHNEIDER GROUP has been helping businesses to expand to new geographical markets since 2003, offering a full range of business support services: from developing strategy for successful market-entry to helping arrange or optimize accounting, reporting and financial planning processes and establishing efficient IT infrastructures.
500 top experts in 11 countries take care of all resource-consuming non-core business tasks, so our customers can focus on achieving their business goals. We offer services in Armenia, Azerbaijan, Austria, Belarus, Georgia, Germany, Kazakhstan, Kyrgyzstan, Poland, Russia and Uzbekistan, with minor regional variations. Get in touch via our contact form to request details of specific service packages available in your target country.
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