- Posted by Jon Hellevig
- On November 21, 2011
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Awara expands further in Ukraine with acquisition of Smithbridge
After one year of successful operations in Ukraine Awara (formerly known as Avenir) will expand in Ukraine by acquiring the business of Smithbridge, Kiev. Elena Mashkova will continue as the Managing Partner of the Ukrainian business.
Managing Partner of Awara comments on the move: “We have known and done business with the owner and CEO of Smithbridge, Elena Mashkova for more than a decade on the Russian and Ukrainian markets. After successfully cooperating on various projects in Ukraine we decided to join our forces by doing this acquisition.” “Elena Mashkova is a strong professional whom we feel comfortable to do business with. Educating at Lomonosov Moscow State University (MGU) and at the Plekhanov Institute and experienced with modern Russian business she has a lot to offer to her native Ukraine.”
The acquisition will not cover the Russian business of Smithbridge which will continue as a separate business Hellevig comments: “We have trusted relations and good understanding of each other gained from more than a decade of joint work. We know that we can manage separate Russian businesses even when we join forces in Ukraine. And anyway we are friends in Russia, too. There is room for both of us separately.”
Following the acquisition we will significantly increase our human resources commitment to the Ukrainian market by seconding experienced consultants to the Kiev office. The Kiev office is already fully integrated in the Awara business process and business philosophy after an intensive training program we have invested in prior to the acquisition. While we will add the Kiev office to the list of our full service offices, we want to stress that the services of our Ukraine business will be available according to our proven one-stop service, whereby the client can deal with any of our consultants in any of the offices and receive full global service.
Awara is a leading business administration services provider on the Russian market, serving international and local clients. The firm offers outsourcing and consulting services covering all your business administration needs. We serve with accounting, tax compliance, audit, law (currently under BRICS Consulting brand), IT-Solutions, and headhunting. Awara Group has offices in Kiev, Moscow, St. Petersburg, Tver, and Yekaterinburg. Awara is also present with a European hub in Helsinki.
For more information please contact:
Office: + 7 495 225 3038
Mobile phone: + 7 495 517 0969
Office: + 7 495 776 86 93
Mobile phone: + 7 911 241 61 98/+380 990 867 290