- •International Business Strategies
- •Intruduction
- •Eurochem
- •Internationalization:
- •Nizhnekamskneftekhim
- •Internationalization:
- •Uralkaly Group
- •Internationalization:
- •Fosagro
- •Internationalization:
- •Internationalization:
- •Ohk Uralchem
- •Kazyanorgsintez
- •“KuibyshevAzot” ojsc
- •Togliattiazot
- •Nokian Tyres
- •Minudobreniya (Rossosh)
- •Polyplastic Group
- •Michelin
- •Nikos Group
- •Conclusion
Eurochem
State influence: via ownership or other type? If ownership, please identify the share (calculate if the ownership is indirect) and name the public authority. If other type, please describe.
Internationalization:
Country |
Lithuania; Germany |
Year of entry |
2005; 2012 |
Industry/ business area |
Phosphate industry |
Entry mode |
Lithuania: FDI (controlling share package since the beginning, by now increased to 100%) Brownfield: Lifosa phosphate plant
Germany: FDI in K+S Nitrogen GmbH Most of its products produced in a plant in Antwerpen (which has also been bought before by EuroChem)
|
Motives |
Availability of resources and knowledge. Closeness to Russia (important for being a distributor to that plant)
Building a strong position in Europe Access to a well-developed network |
Firm specific advantages used on the foreign market |
Long experience Product range
|
First mover or follower |
Compare to other Russian companies operating in the same country and the same business area. |
Type of state involvement in the process of internationalization |
No direct participation of the state. |
Evaluation of the success of the internationalization |
Sales offices in North-, South-America and in Europe, contributing to the companies success. |
Nizhnekamskneftekhim
State influence
Finance Minister of the Tatarstan Republic, Deputy Prime Minister of the Republic of Tatarstan - Minister of Energy of the Republic of Tatarsta and Assistant to the President of the Republic of Tatarstan are in the Board of Directors.
Balanced development in the industry in Tatarstan, which is one of the leading Russian regions, is the strategig goal of the policy conducted by the government of the Republic of Tatarstan. JSC "Nizhnekamskneftekhim" plays a significan role in these plans.
This development includes the following aspects:
Stabilization of the industry enterprises, growth of productivity level;
Development and implementation of measures to maintain the productive potential at competitive level in order to retain and to strengthen domestic commodity producers on internal and external markets;
Reconstruction, technical reequipment and organisation of new productions in order to fill the sectors of domestic market arising by creation of new product types in the consuming branches;
Support of the export potential on a high level.
Internationalization:
Country |
Europe, America and South-East Asia |
Year of entry |
N/A |
Industry/ business area |
Petrochemical industry |
Entry mode |
Export |
Motives |
Serve customers worldwide |
Firm specific advantages used on the foreign market |
Long-time experience |
First mover or follower |
N/A |
Type of state involvement in the process of internationalization |
No information on state involvement in the process of export was available. |
Evaluation of the success of the internationalization |
Export deliveries reached 47 bln. rubles. or 50% of the total sale volume (2010)
Winner of prestigious all-Russian contest “The best Russian exporter” based on the results of 2006 in the category “The best exporter of industry sector” (chemical industry, organic chemistry). gains similar recognition every year from 2000. The products of the company are exported to the countries of Europe, America, South-East Asia. Last year the share of export in the total volume of commercial output exceeded 55%.
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