JULY 18, 2016

Recent News from AmCham Member Companies

Acsour Clifford Chance According to the 2015 results pub- Leading international lished by the international ratings law firm Clifford Chance agency Expert RA, Acsour has been has advised China’s ranked among the top 10 major Rus- State Grid International Development Limited on its sian accounting and tax accounting providers and among joint venture with Rosseti OAO, ’s largest power the top 15 major accounting outsourcing firms in Russia. transmission and distribution company. State Grid is the largest utility company in the world, and has been The rankings of the independent rating agency Expert RA ranked seventh in the Fortune Global 500 for five con - are universally recognized and have been published since secutive years since 2011. 1999. More than 80 leading companies in the accounting outsourcing sector from across Russia took part in the re- The deal is in line with China’s ‘One Belt One Road’ ini- search. The information provided by Acsour was awarded tiative, with the joint venture spearheading investment the highest credibility rating. efforts in the construction of electric grid infrastructure and new power capacity in Russia. “We would like to thank our Clients and Partners for your support in achieving these excellent results,” said Tatiana The signing ceremony for this project took place Modeeva, General Director Acsour. “Our business re- during Russia’s state visit to Beijing in the end of lationships enable Acsour to develop and strengthen its June. The signing ceremony was witnessed by leading position. It is our pleasure to continue working with Chinese President Xi Jinping and Russian President you and for you!” Vladimir Putin.

BELLERAGE Domina Hotel Novosibirsk

Bellerage company, The Italian Domina Hotel Novosibirsk member of AmCham has already been opened in the heart Russia, has now been of Siberia. ranked as one of the Top-10 accounting outsourcing pro- The second Domina’s hotel in Rus- viders in Russia. Company appreci- sia, stylish Italian Domina Novosi- ates this as a direct result of clients birsk offers a European atmosphere for relaxation and and partners recognizing strategic work in the center of Novosibirsk: 218 spacious rooms, approach to price and quality. Survey free high-speed internet access, fitness, sauna and was performed by RA Expert based Jacuzzi. on revenues of participants in 2015. Alexander Bykov Please follow the link for details: The lobby greets guests with winter garden; the pano- http://raexpert.ru/rankingtable/outsourcing/2015/tab02/ ramic Brera bar and Tartufo restaurant provide the best of European and Siberian cuisine. “We are really delighted, that our work and our commit- ment to the strategy of providing high quality services for Domina Hotel Novosibirsk’s MICE facilities are available reasonable price were converted into sustainable devel- for both social and business events. Moveable walls al- opment, clients’ loyalty and market recognition” – said Al- low the tailoring of space to optimize efficiency, with a exander Bykov, Bellerage Managing Partner. maximum capacity up to 400 people. JULY 18, 2016

Dow Liberty Insurance

In the mid June Dow par- Liberty Insurance offers ticipated in the 7th interna- its clients a new ser- tional conference “Associ- vice – an organization of ated petroleum gas-2016” insured cargo convoy. in Moscow. Maria Konovalova, business finance analyst, The service is provided Dow Greater Russia, delivered a presentation about the by security companies that have specialized units for new technology of Dow Oil, Gas and Mining (DOG&M) freight safeguard. business, UCARSORB™, which can help reduce or elimi- nate flaring of associated petroleum gas and decrease Using a new option an insured company with an ex - carbon dioxide footprint. “I think this conference was very pensive highly liquid cargo may not confirm availabil - important for oil and gas industry in general as well as for ity of a contract for convoy. Besides, the injured party does not have to submit an incident report, documents about cargo acceptance, stopovers, as this informa- tion will be sent by the security company.

A new option is in demand among clients with expen - sive cargos as Liberty Insurance has an opportunity to insure freight without limiting an insurance sum. More - over, the insured company gets a modern service of electronic workflow, a policy online, a personal man - ager, cargo convoy by a reliable security company. Cli- ents that have already been using convoy service get a reducing coefficient to the rate of insurance up to 50%.

ecological situation in the country. It enabled all the rep- Pfizer resentatives to have interesting productive discussions and learn more about the new industry’s offerings for On July 13, 2016, Pfizer and No- the market,” commented Maria. “I was glad to introduce vaMedica, a Russian pharma- DOG&M technology that along with APG utilization sup- ceutical company established by ports sustainability principles and provides an effective Rusnano and Domain Associ- solution for the industry that suits current governmental ates, have announced the start of and ecological requirements.” a long-term strategic partnership to locally manufacture and bring to the Russian market a number of important medicines. Through this partnership, Pfizer proposes to GOWLING WLG RUSSIA/CIS invest in NovaMedica’s construction of a new manufac- turing plant in the Kaluga region and license the technol- ogy for production of more than 30 medicinal products from its portfolio to the Russian partner.

The portfolio of high-tech medicinal products includes essential drugs for the treatment of severe bacterial and fungal infections, inflammatory diseases, cancer, as well as for use in anesthesiology.

The first step will be the construction of a modern Alexander Christophoroff Anastassia Sinitsyna David Aylen pharmaceutical manufacturing plant located in the Gowling WLG has been named among the world’s most Vorsino industrial park, Kaluga Region. The design, highly regarded firms in the 2016 edition Who’s Who Le- development and construction of the manufacturing gal: Trademarks. plant are scheduled to begin in 2016, with the start of medicine production planned for 2020. In total, the guide highlighted 13 Gowling WLG trademark lawyers and agents from Canada, the U.K., Russia and the United Arab Emirates as global leaders in the trade- The SEZ “Alabuga” marks field. On July 5 the special 3 partners from Gowling WLG Russia/CIS have been rec- economic zone “Alabu- ognized in Who’s Who Legal: Trademarks 2016: David ga” celebrated its tenth Aylen, Alexander Christophoroff and Anastassia Sinitsyna. anniversary. Today the SEZ “Alabuga” is the Gowling WLG is a new global law firm, with over 1,400 most effective and major legal professionals and a range of dedicated business special economic zone in support teams across 18 cities in Canada, UK, Europe, Russia, 66% of revenue of all zones of the country falls Asia and Middle East. to its share. JULY 18, 2016

The head of Federal Revenue Service of Russia Mikhail nies have paid 13,8 billion rubles of taxes. It is planned that Mishustin, the , the tax assignments will completely pay back investments made vice-mayor of Moscow Marat Khusnullin, the President of in the SEZ by 2019. By 2023 the SEZ “Alabuga” plans to the Republic of Rustam Minnikhanov have par- increase number of residents to 120. According to the plan, ticipated in festive events. During the meeting, devoted to the volume of tax assignments will increase by 10 times. results of decade, participants noted high efficiency and huge potential of development of the SEZ “Alabuga”. By 2019, the SEZ plans to increase the revenue by 40% an- WorldWideGost nually, by 2026 the SEZ plans to receive more $9 billion investment from the residents. WWG offers new services that are available both as stand- The SEZ “Alabuga” was created in 2006 and became the alone solutions and as com- first Russian SEZ. There are 48 resident companies reg- ponents to the Russian Mar- istered in the SEZ “Alabuga” today, 22 factories are oper- ket Entry: ating. 5520 workplaces are created. The leading interna- tional companies such as Ford, 3M, Armstrong are among • Market Survey residents of the SEZ. • Customer Search The production volume made by residents of the SEZ “Ala- buga” in 10 years reached 178,6 billons rubles, the compa- • Business and Legal Advisory and etc.