The chief management officer of UFA, Valentin Lysacek, was not happy with the result of typically the first meeting involving the board of directors connected with UFA and the creditors regarding UFA. He was frustrated plus thought that the discussion would be more productive if more moment was handed to the collectors of UFA. He states that the associates connected with the board of UFA should not be too hasty to consider decisions with regard to the sake in the corporation. They have to take into account each of the factors and benefits of their particular decision.
Valentin Lysacek: “The discussion created some fascinating and essential points. UFA had was hoping to have a one on one approach using both economical reports and discussions using the two years experience of our instructors. Regrettably, all of our first program generated not any result since the creditors did not concur with this proposition. In addition, one creditor stated that his business will not negotiate along with the corporation until the masters give him the good answer concerning typically the possibility of selling often the organization. “
The proprietors of UFA have for you to give a answer back by March 1st, that is viewed as a very tight deadline day by many people required in the organization. On the other hand, from least a single creditor claimed that he needs typically the owners of UFA for you to make another offer ahead of March 1st. If the masters do not create an offer on typically the pointed out date, he expects typically the creditors to motivate the issue to help next month’s meeting. In this instance, this is more likely that will the company is going to be dissolved, so it is essential to behave fast.
The particular CCCB [the Core Club connected with Russian Business] thinks about that this is almost impossible intended for the business to pull through for at least one other 3 years without any important support coming from investors. Relating to them, the only method it can survive for from least twelve months is in case the idea is able in order to secure an additional 70 million roubles through a great layout with a third party. It is very impossible that the keepers associated with UFA will accept to this proposal since this implies that they would include to stop trying most involving their title, like the title of most of his or her attributes, and pay the very high dividend.
As a new conclusion, UFA need to find a new manager who is willing to help sign some sort of one-year or maybe a new three-year agreement, relying on whether it is definitely a one-year or a good three-year syndication. They ought to likewise provide full economic support during the time of typically the arrangement. In case these the weather is fulfilled, next the company can be estimated to emerge from the particular difficulties it is enduring in a positive circumstance. Nevertheless, some believe that the organization will not necessarily survive with regard to long and that the particular economic ailments in The ussr will not really permit it to keep its current position. On the other hand, it is very critical for UFA to find a companion for the company in addition to that partner should originated from some sort of company with a good really solid foundation. Regarding example, it is rather crucial of which the partners include with least five years associated with experience in the discipline.
On the additional give, there are furthermore specific down sides that are linked with buying UFA. The particular biggest problem is the risk concerned because trading in the real residence industry can be really risky. The main threat is related to often the possibility of finding some sort of client for the distribution that will do not meet all the problems. The particular other risks include the risk of paying too little cash together with losing a great deal of money, while the particular most common risk is the fact that the distribution may not necessarily produce enough cash in order to fulfill the demand.
Around spite of these kind of issues, the government has chose to offer UFA special benefits in order to inspire investors to be able to devote in the country. One involving these gains is often the so-called bread together with spread law, named after Finance Minister Alexey Uzhov. Legislation stipulates that a particular person will likely be granted a one-year or even a two-year vacation, depending on the age group of his family. A new one-year stay makes it possible for a good individual to earn to be able to two million rubles or maybe about $700, 000 per annum. Furthermore, during this interval, a person will probably be authorized to acquire payments equivalent to one percent of his / her investments.
The second most important gain offered by this ufa strategy is the particular apparent special oilemen profit. This benefit is created especially for oil drillers and producers who attain their own income through the great deals of gas. According for you to this law, these individuals will be given a few years of free petrol revenue. This means that they will not have to pay almost any levy for the period regarding time when they get this particular benefit. Moreover, in accordance with the found international economic problems, just about all of the Russian oil companies are suffering from the particular lack of investment resources, and they need all of the aid they may get.