European companies develop business in Russia despite sanctions

IKEA is looking to reopen its stores. Procter & Gamble is looking for ways to optimize performance. Looking for – everyone is now looking for something. Of those who a month and a half ago put many Russians – those who worked for them – in a difficult position. And upset many others. Now they are looking. Some did not intend to leave Russia at all. And there are many.

Bet on Russia with any restrictions. European partners are making plans to expand activities in our country. The company “Barnes” is engaged in the selection of luxury real estate around the world. Headquarters in Paris. Hubert Gallart – first came to us in the late nineties. Now he is a managing partner of Barnes Moscow. Recently applied for Russian citizenship.

“I really want to, I’m the only one not Russian. My wife is Russian, my children are Russian. I love Russia very much,” says Gallart.

The office in Moscow is the second largest, opened a year and a half ago. Due to the pandemic, the company initially relied on internal projects. Now shifts the vector of development.

“Now we are starting to work and we see that abroad and Europe, we believe that this is already closed. We don’t even want to. We are starting to work with other countries – Dubai, Turkey, the Seychelles, the Maldives. We are looking for other prospects,” says Gallart .

David Henderson-Stewart started learning Russian at school. He spent most of his life in London. 17 years ago he flew to Moscow and decided to continue his life here. In 2010, together with colleagues, he breathed a second life into the Raketa watch factory. The legendary brand appeared after Yuri Gagarin’s flight to space. In new restrictions finds only pluses.

“In this situation, today, when all Swiss brands have left, and those that remain have raised prices very much, we are doing quite well in Russia. There is a big boom in Russia and people support us abroad. We opened 4 stores in Arab countries. Qatar, Kuwait, Jordan, where they all love Russians. We are now opening a shop in India,” says David Henderson-Stewart, Chairman of the Board of Directors of the Raketa watch factory.

The clock mechanism is fully developed by Russian engineers. It is also made from domestic materials: all metal, as well as 24 rubies.

“Rocket has its own production. There are no more than five brands in the world, such as Rolex, which have their own production. And we inherited this from the Soviet Union. I wear 200 parts on my arm. We make 90 percent of them ourselves “, says Stuart.

At the same time, a number of foreign enterprises are already beginning to return to Russia. Over the past month, 14 companies have returned to us. Another 20 “show interest.” This decision was prompted by a new stage of amnesty for capital.

The Ministry of Industry and Trade said that the Swedish furniture manufacturer IKEA is looking for an opportunity to resume work in our market – to open stores and provide a full range of goods. The company partially imports products from other countries, and partially localized production. The same plans are being made by Inditex. She owns the brands Massimo Dutti, Zara, Pull & Bear, Bershka and others. In total, more than 500 stores of the group operate in the country. The Russian market accounts for 8.5% of the company’s global profit.

“If new candidates and new people appear on the market, then we see that they find a job quite quickly. And if earlier in the mass segment the seller found a job within 1-2 days, now he finds a job from three days to a week” , – says Alexander Veterkov, Deputy General Director of the service.

Due to the departure of some foreign companies, about 200 thousand people may lose their jobs. So said the mayor of Moscow, Sergei Sobyanin. To this end, a program has been approved to support employees at risk of dismissal. More than 3.3 billion rubles will be allocated for its implementation.

As we were told in the Ministry of Labor and Social Protection, several measures are envisaged at once. The first is temporary work. Another is a complete re-qualification. In this case, the company itself trains employees in new skills so that they remain at the same enterprise. An organization can receive a subsidy from the state and choose an educational institution. The third option is self-study of courses within the framework of the National Demography Project.

“They apply through the Jobs in Russia portal for a specific educational program. More than 24,000. Each region has its own set of educational programs, because they are tailored to the needs of the local labor market. The main task after this retraining is for the citizen to become employed. Either within the framework of an employment contract, or opened his own business,” explains Yan Talbatsky, Deputy Director of the Department of Employment and Labor Migration of the Ministry of Labor and Social Protection of the Russian Federation.

And one more possibility – the employee himself can suspend the contract at the main place of work and conclude a fixed-term employment contract in another company.

Source: Вести.Ru by

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