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EPAM Assists with Gruma Group Restructuring in Russia

EPAM Assists with Gruma Group Restructuring in Russia

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Egorov Puginsky Afanasiev & Partners has advised Solntse Mexico and Mission Foods Stupino, the Russian divisions of the Gruma Group, on their restructuring and on obtaining special economic zone resident status with the Ministry of Economic Development of the Russian Federation and other governmental bodies in connection with its investment in a factory in Moscow Region.

The Gruma Group, a global corporation headquartered in Mexico, has been operating in Russia since 1996 and manufactures Mexican food products. In the fall of 2017, the company launched a factory in the Greater Moscow area, the corporation’s 75th plant.

Earlier this month EPAM reported that it had successfully represented Solntse Mexico in a dispute before the Moscow District Commercial Court with a Russian grid company over payment for electricity consumption outside the scope of a contract (as reported by CEE Legal Matters on August 7, 2018).

The EPAM team included Head of the St. Petersburg M&A and Corporate Practice Elena Agaeva, Counsel Olga Mischenko, Senior Associates Evgeniya Evdokimova, Olga Morozova, Daria Sergeeva, and Sergey Ustalov, Associates Elena Kvartnikova, Yuri Nefedov, Anton Kleshchenko, Olga Tyangaeva, and Maria Demina, and Junior Associate Vladislav Chukanov.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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