Creation of a jewelry holding in the Republic of Belarus

Our team acted as a legal advisor in the process of merging jewelry production and establishing the first and largest jewelry holding company in the Republic of Belarus. The established structures brought together the country’s largest manufacturers and sellers of polished diamonds, natural and precious stones.

Finally, we completed a comprehensive review and produced recommendations on the formation of the Gem Fund of the jewelry holding company, based on its two members – Gomelskiy Kristall OJSC and Belgran CJSC, which successfully cooperate with the National Bank of Belarus.

Client

Industry jewelry players in Belarus

Work period

2012

The determining factor, when choosing Verkhovodko & Partners as Velcom's general legal counsel, was dedication of the highly qualified team not only to minimize the legal risks, but primarily to offer comprehensive business-solutions, in which all risks have already been analyzed and thoroughly thought of, and, as the result, being the most efficient solution to the problem in hand. The possibility to receive complete on-line legal advice and willingness to assist on short notice in difficult negotiations on disputable issues — is exactly the level of legal support/assistance, which Verkhovodko & Partners offers. Multijurisdictional experience in advising businesses and proficiency of the law firm's partners assures you that there is always a solution to any problem, and the one which will be the most appropriate and beneficial to your business. These are the core principles on which the cooperation between Velcom and Verkhovodko & Partners is based for many years.

D. Filazafovitch, CFO, Velcom
GET
CONSULTATION