Establishing Belstankoinstrument – machine tool holding company in Belarus

We provided legal support to MZOR OJSC in establishing Belstankoinstrument machine-tool holding company through mergers and acquisitions involving more than 22 companies (over 11,000 employees).

The total share capital of the holding company participants amounted to $37,5 million.

Our firm developed the structure of the holding company, the scheme of internal relations, determined financial aspects and prepared a vast document base in the absence of legal practice for the establishment of holding companies in Belarus.

Client

MZOR OJSC, the largest machine-tool builder in the CIS

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
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