Thursday, August 11, 2011

Switzerland is always interested with Russian companies

They had served as a door opener: The first Russian company that came to Switzerland. Over the last five years, now their number doubled to around 200 in the country, almost, says Regula Spalinger, expert on Russian business activities in Switzerland.

He falls lions share of these activities on the natural resource industry running, but not less than three-quarters of all Russian oil exports via Switzerland.

The three heavyweights of the industry, Rosneft, and TNK-BP Bashneft meet in Geneva, Zurich and more land to train people from other industries who want to take entrepreneurial base in Switzerland.

These mainly included the areas of financial services, real estate, tourism and manufacturing, says Regula Spalinger. She is director of counseling communication platform between East and West, on the relationship between Central, Eastern and Southeastern Europe is specialized.

"Over the last five years we have seen a strong development of a practical doubling of Russian activities in Switzerland," says Regula Spalinger swissinfo.ch.

The newly established companies would gradually change the stereotypical image that Russian business interests focused only on the raw materials.

Modernization
Exact numbers of Russian companies in the country is none. Neither does the federal government an official statistic, nor the cantons are willing to give the names of the companies established there.

The highest number is expected to accommodate up to 70 of the Canton of Geneva, followed by Lake Geneva, and Zurich train, is an estimate of communication between East and West.

Figure in the directories of the platform and the two Swiss Sulzer and Oerlikon industrial groups. 31% of Sulzer has long been considered a Russian investment company Renova. "

This is no coincidence: Swiss technology in Russia is much sought to modernize the local economy. On the one hand, the infrastructure requires urgent renovation, on the other hand, the dependence on oil and gas sector will be reduced. Switzerland has just been committed into an agreement to help Russia in its modernization efforts.

"More open and more Russian companies in Switzerland, offices to bring their technology to Russia," said Spalinger. Either the Russian companies would produce or buy in Switzerland Swiss technology for export.

Others are specialized in the handling of exports of machinery and other industrial products, such as the EIT Export Industrial Technology in Neuchâtel, Zurich in the Erapa Volketswil and Eurochem Trading and Cronos-Ex in the train.

Size is everything
Despite the attractiveness of technology was made in Ireland but the Swiss market is too small to attract large scale in Russia's interests, says Walter Fetscherin. The former Swiss ambassador in Moscow is now the director of the United Chamber of Commerce, which looks after the interests of Switzerland, Russia and some former Soviet republics.

"Except Renova it was very little direct Russian investments in the Swiss industrial sector," said Fetscherin. Russia is concentrating on larger markets such as Germany, the country would bring advantages in trade with its raw materials.

"Most Swiss companies are for the current stage of Russia's modernization is too small. But I have the impression that will discover in the next few years and more Russian companies Swiss niche product," said the Russia expert.
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The Russians are coming
More than in the industrial sector is doing, according to Fetscherin in Swiss real estate sector and in hospitality and tourism. Regula Spalinger refers to a special niche: An increasing number of small Russian companies would look here for high-class medical clinics and care centers in which Russians could be treated as a so-called health tourists.

That the number of Russian companies in Switzerland increases can be accepted as certain. But what concerns the size of the investment and the number of jobs created, there is no clarity about it. There is also uncertainty about the proportion of shell companies, which use only to Switzerland as a tax loophole.

In summary, one could describe the Russian business interests in Switzerland as restricted, externally marked by sparsely occupied offices at the local offices.

The number of Russians in Switzerland has passed the milestone of 10,000, but compared to the group of Germans, Italians, Britons, Frenchmen and Americans, it is still small.

Both Spalinger and Fetscherin believe that closer economic ties between the place in Switzerland and Russia, the foundation for a broader market.

"Due to the closer cooperation between the two countries, the trend that more Russian companies coming to Switzerland to intensify in the coming years," says Spalinger.

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