SCHNEIDER GROUP offers new approaches for project financing


SCHNEIDER GROUP and the Federal Corporation for the Development of Small and Medium Enterprises (SME Corporation) want to offer international companies new solutions in project financing.

Moscow, January 13, 2020 – Under the agreement, the SME Corporation, in cooperation with its partner banks, will support SCHNEIDER GROUP clients in their ongoing efforts to find optimal project financing solutions. Additionally, SCHNEIDER GROUP will gain access to potential suppliers, sites, and production partners in Russia.

“The SME Corporation plays a key role in the development of small and medium-sized enterprises in Russia. The signing of the roadmap offers our clients further options in the implementation of localization projects”, emphasized CEO and President of SCHNEIDER GROUP Ulf Schneider.

Anton Perlin, Senior Project Manager Global Business Network, who will coordinate the partnership with the development company at SCHNEIDER GROUP, added “The company will be a reliable partner for joint localization projects and the integration of Russian SMEs into the supply chains of foreign companies.”

Nikita Bantsekin, Head of the Directorate for International Cooperation of the SME Corporation, is looking forward to the future cooperation: “I am sure that today’s agreement will be useful both for SCHNEIDER GROUP clients and potential production partners from Russian medium-sized businesses. The establishment and expansion of cooperation between SMEs and foreign companies operating in Russia is an important instrument to promote the domestic supplier industry.”

The SME Corporation was established in June 2015 as a development institute for small and medium-sized businesses.

SCHNEIDER GROUP offers support for market entry and localization projects as well as business process outsourcing. The company has offices in Russian, Belarus, Ukraine, Kazakhstan, Germany, Armenia, Poland, and Uzbekistan and employs around 500 people.