The chief management officer of UFA, Valentin Lysacek, was not satisfied with the result of the particular first meeting involving the panel of directors associated with UFA and the creditors associated with UFA. He was dissatisfied and thought that the particular discussion would be even more productive if more time period was given to the credit card companies of UFA. He / she is convinced that the associates regarding the board of UFA should not be way too hasty to consider decisions regarding the cause in the organization. They have to think about all the factors and benefits of their decision.
Valentin Lysacek: “The discussion developed some intriguing and vital points. UFA had hoped to have a one on one approach using both fiscal reports and discussions with all the two years experience of our professionals. However, the first period created zero result because the creditors did not recognize with your pitch. In addition, one lender stated that his business will not negotiate together with the organization until the particular masters give him a new beneficial answer concerning the probability of selling typically the business. “
The masters associated with UFA have for you to give a remedy by way of March 1st, and that is viewed as a very tight deadline by many people involved in the firm. In the other hand, at least 1 creditor claimed that he expects this owners of UFA for you to make another offer prior to March 1st. If often the keepers do not create an offer on the described date, he can expect often the creditors to push the issue for you to subsequent month’s meeting. In this case, that is more likely the fact that the company are going to be contained, so it is critical to take action fast.
The particular CCCB [the Key Club regarding Russian Business] feels that the idea is almost impossible regarding the company to pull through for at least a further 3 years without any essential support from investors. According to them, in order this can survive for in least 1 year is in the event it is able to be able to acquire an additional 75 million roubles through a good design with a alternative party. It is very improbable that the keepers regarding UFA will agree to that proposal since this means that they would include to quit most of their possession, like the possession of most of their components, and pay a very high dividend.
As some sort of conclusion, UFA should find a new owner that is willing to be able to sign a one-year or even a new three-year agreement, based upon on whether it is usually a one-year or a good three-year submission. They need to furthermore provide whole economic support during the time period of often the arrangement. If these the weather is fulfilled, next the company is usually predicted to emerge from often the difficulties it truly is going through in a positive situation. On the other hand, some believe that the business will not necessarily survive to get long and that typically the economic problems in Russian federation will certainly not permit this to manage its existing position. However, it will be very essential for UFA to find a spouse for the business enterprise together with that partner should are derived from some sort of company with the really solid foundation. To get illustration, it is rather critical the fact that the partners include on least five many years associated with experience in the niche.
On the additional palm, there are in addition a number of cons that are related with buying UFA. Often the biggest problem is typically the risk engaged because making an investment in the real property sector can be extremely risky. The main possibility is related to the possibility of finding a new purchaser for the syndication that will not necessarily satisfy all the ailments. The other risks require the risk of paying too little income and losing a good deal of money, while the most frequent risk is of which the distribution will definitely not produce enough cash to help fulfill the demand.
Within spite of these kinds of troubles, the government has chose to offer UFA special rewards in order to motivate investors for you to commit in the country. One regarding these positive aspects is the so-called bread and butter law, named after Funding Minister Alexey Uzhov. The law stipulates that a particular person will probably be granted a one-year or even a two-year stay in, based on the age of his friends and family. A one-year stay makes it possible for a new man to earn up to help two million rubles or even about $700, 000 each year. Furthermore, during this period, a person will be permitted to get payments equal to one percent of his / her ventures.
The second major profit offered by the particular ufa program is this unsuspecting special oilemen benefit. This benefit is created mainly for oil drillers and producers who receive their particular income through the selling of gas. According to this particular law, these individuals will be given 3 years of free petrol income. This means that will they will not include to pay any kind of taxes for the period regarding time every time they get this benefit. Moreover, in accordance with the existing global economic conditions, best of the Russian oil companies are suffering from this lack of investment money, and they need most the guidance they may get.