The chief business officer of UFA, Valentin Lysacek, was not very pleased with the result of this first meeting involving the mother board of directors involving UFA and the creditors associated with UFA. He was upset together with thought that this discussion would be more productive if more moment was handed to the credit card companies of UFA. This individual is convinced that the users associated with the board of UFA should not be as well hasty to take decisions for the reason of the organization. They have to think of all of the factors and benefits of his or her decision.
Valentin Lysacek: “The discussion produced some exciting and crucial points. UFA had expected to have a strong approach using both monetary reports and discussions together with the two years experience regarding our instructors. Sadly, the first period made no result considering that the creditors have not recognize with your proposition. In addition, one lender stated that his organization will not negotiate with the company until typically the proprietors give him the good quality answer concerning often the chance of selling often the business enterprise. “
The users of UFA have to help give a reply simply by March 1st, and that is regarded a very tight timeline by many people engaged in the firm. Upon the other hand, in least 1 creditor stated that he expects the particular owners of UFA for you to make another offer before March 1st. If the particular masters do not help to make an offer on typically the pointed out date, he desires often the creditors to motivate the issue to subsequent month’s meeting. In this instance, this is more likely of which the company will be contained, so it is crucial to take action fast.
Often the CCCB [the Central Club involving Russian Business] says that this is almost impossible to get the company to make it through for at least another 36 months without any considerable support by investors. Relating to them, in order to that can make it through for in least 1 year is in case the idea is able to help safeguarded an additional seventy million roubles through an design with a 3rd party. It is very not likely that the owners regarding UFA will agree to this specific proposal since that signifies that they would possess to quit most involving their control, such as the control of most of his or her components, and pay the very high dividend.
Since some sort of conclusion, UFA have to find a new user who also is willing for you to sign a new one-year as well as some sort of three-year agreement, depending on whether it is definitely a good one-year or a good three-year distribution. They must in addition provide complete fiscal support during the time period of typically the arrangement. In the event that these the weather is fulfilled, after that the company is anticipated to emerge from this difficulties it truly is experiencing inside a positive circumstance. Having said that, some believe that the company will not survive intended for long and that the particular economic conditions in Italy will not permit that to preserve its found position. On the other hand, it is definitely very essential for UFA to find a partner for the company and even that partner should are derived from a company with a new really solid foundation. To get case in point, it is extremely critical that the partners have on least five several years involving experience in the arena.
On the other give, there are as well a number of disadvantages that are related with buying UFA. Often the biggest problem is often the risk engaged because committing in the real house market can be extremely risky. The main threat is related to typically the possibility of finding a good buyer for the circulation that does not really accomplish all the situations. The particular other risks involve the risk of paying too little funds together with losing a great deal of money, while typically the most popular risk is of which the distribution is going to certainly not produce enough money to fulfill the demand.
Around spite of all these problems, the government has made a decision to offer UFA special benefits in order to encourage investors for you to spend in the country. One connected with these advantages is the particular so-called bread in addition to butter law, named after Money Minister Alexey Uzhov. The law stipulates that a man will probably be granted a one-year or perhaps a two-year be, based on the age group of his family. A good one-year stay allows a new man to earn to two million rubles or perhaps about $700, 000 per annum. Furthermore, during this time, a person is going to be helped to receive payments equal to one percent of his purchases.
The second most important benefit offered by often the ufa system is the unsuspecting special oilemen gain. This benefit is made in particular for oil drillers and even producers who obtain their own income through the great deals of gas. According for you to this particular law, these people will be provided a few years of free essential oil salary. This means that will they will not possess to pay almost any tax for the period involving time when they get this benefit. Moreover, according to the current worldwide economic problems, just about all of the Russian oil companies are suffering from the particular lack of investment cash, and they need most the aid they could get.