August 2015.

• The company has completed seasonal shipments of New Year’s products to the fast-growing Russian retail chain. New Year’s products from China are constantly popular among our company’s customers, every year our company prepares new collections based on the offers of the Chinese manufacturers.

Retail market in Russia is growing rapidly and in order to make the goods affordable for the customers many retail chains import goods directly from China. Our company can help to do it acting as a trade agent and supplying the products from Chinese manufacturers.

• As part of the ongoing cooperation between UGL company and Lukoil Lubricants Central Asia LLP, the registration of the representative office of this company in Urumch, China has begun. Registration of a representative office in China is very convenient form for the company who does not plan making a profit in China, but interested in marketing research and providing support for the main office. Our company provides services for the registration of representative offices and the accounting services for them. Also, as part of the service for representative offices, we provide detailed consultations on doing business in China for our clients.
• UGL provided consultation for a Chinese oil company on the specifics of working in the Russian market of oil industry equipment. In 2015, many Chinese companies are showing increased interest in creating their own structures in the Russian Federation, and the volume of consultations provided by our company on business issues in the Russian Federation for Chinese companies has significantly increased.