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Russian-German Foreign Trade Chamber announced its decision to admit BEFL as a new member

July 28, 2009

BEFL (www.befl.ru/en) is pleased to announce that at the meeting of the RussianGerman Foreign Trade Chamber BEFL was approved to be admitted as a new member of the Chamber.

Thereby, BEFL is following the strategy to enlarge the number of its partners. Earlier BEFL was announced to have joined the Russian-British Foreign Trade Chamber.

'Such intensity in the relationships with foreign partners is connected primarily with the necessity to integrate into the international business community. It is a part of our strategic development, says Vladislav Novoselov, BEFL Managing Director. 'We highly estimate the way these institutions (i.e. British and German Foreign Trade Chambers) are operating which really assists in exchanging experience and establishing business relationships.'

BEFL has much in common with aims and tasks set by the German-Russian Foreign Trade Chamber, including increase of the Client's business value by creating opportunities, reducing risks and realizing strategic plans.

BEFL is experienced in cooperation with German companies. In December, 2008, the Company completed a major project which included provision of consultancy services (according to IFRS) to the Russian-German Group of companies involved into agricultural machinery supply and service maintenance, seeds supply and agri-technical consulting.

Taking into account that Germany is the engine of the EU economy, and the foreign-trade turnover between our countries amounted to $711 billion from January to December 2008, BEFL highly estimates the impact of the Russian-German Foreign Trade Chamber on the Russian economy. BEFL will make all efforts to contribute to the Chambers activity.


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