Investing in assets abroad opens up new prospects for Russian entrepreneurs. These companies already have an established business reputation and well-established management processes. The key is to properly complete the transaction and obtain the necessary permits.
Alexandra Khaustova, Project Manager of the Corporate Law and Bankruptcy Practice at Versus.Legal, shared her experience with the publication:
When Russian divisions of foreign organizations are sold, integration with the parent company may be disrupted or completely stopped. For the firm to operate successfully, management must restructure business processes in advance so that they remain as effective as possible and adapted to new conditions.
Our expert separately noted that after purchasing an asset, it is necessary to properly integrate it into your business.
You can learn more about other nuances of buying foreign assets on the publication's website link.