Archive for the ‘rada’ Tag

HAPPY HOLIDAYS • 2014 • С НОВЫМ ГОДОМ   Leave a comment



2013: The Year of the Snake   Leave a comment


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Tatarstan: Emerging Leader In Vodka?   Leave a comment

MAY 8, 2012: To some, Tatarstan may seem like an odd place to launch the next stage of a booming global vodka business, but then again Rustam Tariko (pictured), who made his fortune through an eclectic mix of alcohol and banking, has never been one to do things by the book.

Having successfully turned his high-end vodka business, Russky Standart, into an international name in just over a decade, the Tatar billionaire has returned to his home region, where he hopes his investments in a local spirit distillery will help propel his business even further on the global market.

The company has invested 500 million rubles ($16 million) in modernizing the small spirit plant in Buinsk, some 130 kilometers from Kazan, since purchasing it from the Tatarstan government two years ago. Now the company hopes to use it to produce highquality spirit, which is to be the core ingredient to be used at its St. Petersburg distillery.

Despite the cost of the project, and the logistical matter of the new plant being some 1,600 kilometers of (mostly) bad road away from the old distillery, the company’s management says the investment will give the company a unique edge over other producers of high-end vodka, few of which have facilities to produce their own spirits.

Once the new plant is up and running, they will begin developing facilities to cover the initial stage of the vodka-production process – growing a unique Russky Standart variety of grain – also in Tatarstan.

Although Tatarstan is Tariko’s home region, company management said it chose the plant due to its high-quality technical facilities, rather than due to any emotional attachment to the area. Russky Standart’s technical director, Vladimir Fomin, told The Moscow News the plant was selected in an audit of 40 distilleries across Russia.

The other attraction of the area, he said, is its proximity to highquality grain, which flourishes in the fertile black earth of the lowlands surrounding the nearby Volga River.

There is little doubt that investment from a global company will bring significant benefit to Tatarstan, which has been busy developing its business climate in recent years. The efforts of the autonomous republic’s government to support business activity and enshrine investor privileges in the law led Tatarstan to be named Russia’s best region for doing business in a study conducted by Ernst and Young last year.

In a show of his approval of the Russky Standart project, Tatarstan President Rustam Minnikhanov dropped in on the launch in a helicopter for a quick tour of the modernized factory and some private talks with Tariko.

The St. Petersburg plant currently relies on ingredients bought on the market

For Russky Standart the investment is a fairly bold bet at a time when most producers of high-end goods are cutting back in anticipation of a fresh bout of global recession.

Full vertical integration is very much a luxury in an industry where most big brands buy their primary ingredients relatively cheaply on the market, as Russky Standart has done until now, with seemingly little detriment to its reputation. The brand is growing at a rate of around 25 percent a year on international markets, while sales of others are falling flat.

The company’s management admitted that the new plant was unlikely to bring them any immediate financial gain, and is aimed more at securing their position as a producer of high-quality and authentic vodka in the long run.

Then there is the other issue that is raising alarm bells among Russian vodka producers: a hefty load of excise taxes the government plans to slap on alcohol and cigarettes in a bid to combat Russia’s health problems. The taxes could cause minimum vodka prices to rise by 30 percent this year, Russian media reported this week.

But Tariko said that neither tax hikes nor the state of the global economy worried him. The taxes, he said, target cheap vodka and will have little effect on premium brands like Russky Standart, which usually goes for about 1,000 rubles (about $30) a bottle.

And while the new factory may be a gamble, Tariko has a good track record of pulling off business ventures against the odds. His decision in the late 1990s to name his consumer banking business after his vodka brand raised eyebrows, but it quickly became one of the country’s most profitable banks.


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Kazakhstan Showcases Investment Opportunities   Leave a comment

Kaznex Invest-the Kazakh National Agency for Export and Investments and the Ministry of Industry and New Technologies of Kazakhstan, together with the Netherlands Chamber of Commerce and the Kazakh Embassy to the Netherlands will hold a road show demonstrating the investment opportunities of Kazakhstan in The Hague on June 7.

According to Kaznex Invest, this show will be the first event that will be fully dedicated to Kazakhstan’s investment opportunities and priority areas attractive for foreign investors. The reps of foreign companies will have an opportunity to familiarize with the economic development of the country and our plans for the future. Also they will be able to carry out direct negotiations with the Kazakh authorities responsible for the development of key areas.

During the event the participants will discuss the following issues: why direct investments into Kazakhstan are so profitable; what is so special about the investment climate in Kazakhstan; what actions, measures and legal steps does Kazakhstan take to improve the business environment; what areas are the most attractive for implementation of foreign investors’ projects; why choosing Kazakhstan for direct investments among other Customs Union member states and so on.

JSC “Samruk-Energo,” JSC “KazAgroFinance,” JSC “Kazakhstan Engineering,” the Kazakh National Agency for Technological Development and JSC “NC “Kazakhstan Temir Zholy” are expected to demonstrate their projects to foreign investors.


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Answering the Raptor: The Sukhoi T-50   Leave a comment

Russia’s new stealth fighter jet, the Sukhoi T-50 made its public debut at the MAKS 2011 air show in Zhukovsky, outside Moscow.

General Aleksander Zelin, head of the Russian air force, said he expects the T-50 prototype to be ready in 2013, with “mass-produced aircraft” arriving in 2014 or 2015.

The aircraft is expected to become a staple of airborne defense for both Russia and India, who collaborated on its design, explained Mikhail Pogosyan, head of Russia’s United Aircraft Corporation.

“The T-50 will be the newest main plane both for the Russian and the Indian air force,” Pogosyan said.

The Sukhoi T-50 cost the two governments about $6 billion to develop, with India shouldering about 35% of the cost. It is intended to match the U.S. F-22 raptor.

Happy Noruz 2011   1 comment



Har Roozetan Nowrouz!

Nowrouzetan Pirooz!

Novruz Bayraminiz Mubarek!

Happy Noruz from RADA LLC!

Former BP CEO Hayward Snubs Rosneft?   1 comment

British Petroleum (BP) is under increasing pressure over its disputed joint venture with Russia’s state-controlled oil firm Rosneft.

Recently, former BP CEO Tony Hayward missed a crucial board meeting, causing speculation that he may disagree with BP’s handling of the contentious deal.

In January, BP announced the signing of a joint Arctic exploration deal and $16 billion share swap with Rosneft, which the Kremlin billed as confirmation of the West’s continued business interests in Russia.

If successful, the tie-up would see BP gain a 10 percent stake in Rosneft and the Russian company receive a five percent stake in BP.