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Ownership, state influence

INTERNATIONALIZATION | OWNERSHIP, STATE INFLUENCE | Ownership, state influence | INTERNATIONALIZATION | INTERNATIONALIZATION |


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In late 2011, Vnesheconombank (VEB) has acquired shares of a Cyprus registered company Devenny Holdings Limited. The bank's share in the paid-in share capital amounts to 13.2%, in ordinary shares – 10.78%.[61] Devenny, in turn, owns 99.99% of the holding company Compulink Group.

Another powerful source of influence on the company is government contracts. For example, in 2009 Compulink’s revenue decreased by 3 bln rub because it lost the state contract.[62]

Internationalization

Compulink has representative offices in Kazakhstan and Ukraine – Compulink Central Asia and Compulink East Europe. Not only do these offices operate in Ukraine and Kazakhstan but also they represent the entire range of Compulink’s solutions in the regions by the construction, implementation, support and integration of complex information systems to enhance business efficiency.[63]

Country Ukraine Kazakhstan
Year of entry Not stated
Industry/ business area IT
Entry mode FDI
Motives High potential of CIS countries To provide services to Russian companies’ subsidiaries abroad
Firm specific advantages used on the foreign market Diversified products Full range of services Russian clients abroad Russian language
First mover or follower Approx. the same time with other companies or follower
Type of state involvement in the process of internationalization Tax and legislative support, customs relief
Evaluation of the success of the internationalization Successful (implementation of large-scale projects in the biggest companies)

 

 

Softline

About

Softline, founded in 1993, is a leading international company in the field of software licensing and providing a full range of IT-services – technical support, IT-outsourcing, training, legal support, consulting, cloud solutions. The company is an authorized supplier of over 3000 software developers and has the highest partnership status of world IT leaders such as Microsoft, Oracle, Symantec, Citrix, VMware, Autodesk, Adobe, Corel, CheckPoint, Trend Micro, «Kaspersky Lab" and many others.[64]

Softline offers to organizations of all sizes and areas of activity such services as audit of the existing IT-infrastructure, delivery and implementation of software and hardware, Software Asset Management and IT-infrastructure, business consulting, training and certification of IT-specialists, technical support and IT-outsourcing, web-development of various internet projects (portals, corporate websites, e-commerce systems), hosting, implementation of business intelligence systems.[65]

Softline’s customers are the leaders of the Russian and world economy, including Gazprom, Lukoil, Rusal, MMC Norilsk Nickel, Aeroflot - Russian Airlines, Baltika Breweries, Beeline, MegaFon, MTS, Rostelecom, Nestle Russia, Wimm-Bill-Dann Foods, British American Tobacco, Coca-Cola, Samsung Electronics, Siemens, Bank VTB 24, Alfa-Bank, Rosbank and many others. In addition, Softline actively works with public companies, governments, educational institutions, and small and medium enterprises.[66]


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