Horizons Group strengthens its footprint in the Russian Federation and The Commonwealth of Independent States (CIS) by opening a sister firm in Moscow, Horizons (Moscow) Corporate Advisory LLC and its affiliated sub-branches
Whilst fully compliant with the global sanctions and in acknowledgement of the North Atlantic Treaty, Horizons Shanghai and its sister Horizons Moscow are globally-minded advisories committed to serving clients from diverse backgrounds. We function as bridge builders between countries and cultures and abstain from engaging in geopolitics by maintaining our sole focus on conducting business. Such diversity and inclusion of clients are fundamental to our advisory practice and principles.
The expansion of Horizons into the Russian Federation and CIS region comes in response to growing demand from clients in non-sanctioned jurisdictions and sectors, such as Europe, East Asia, the Middle East, and Latin America. With ongoing sanctions and rapidly evolving Russian legislation, foreign companies in Russia continue to face dynamic challenges. By establishing Horizons Moscow, we, as visionary professionals, can ensure close proximity to our clients and transform legal complexities into strategic opportunities with unwavering energy.
Equally, last year’s departure of foreign companies resulted in brands from other jurisdictions or domestic companies filling the market gap. According to the Chinese General Administration of Customs, bilateral trade turnover between China and Russia grew 38.7% in the first quarter of 2023 compared to 2022.
Many foreign companies continue to operate in Russia (in non-sanctioned sectors) to protect assets, maintain employment for their workers, provide necessary goods to civilian customers and fulfill legal obligations. Our objective for Horizons Moscow is to serve those corporate clients. With a global perspective, we value cross-cultural sensitivity and nuanced understanding. We put this understanding into practice by remaining committed to forward-thinking, real-world corporate solutions.’
Horizons China and Horizons Russia provide, in both APAC & CIS Regions, a professional practice devoted to assisting domestic and multinational companies and investors with all legal requirements and transactions to close. Our client base is largely made up of enterprises and individuals primarily from the — geographical areas in which we have a high level of expertise. We serve clients with a ‘one team, one focal point, one purpose’ approach whose strength lies in our sensitivity to creating solutions that serve multiple cross-border stakeholders. To achieve this, we focus on the varying regional, sociocultural, political, and religious differences that may be directly or indirectly at play in country-by-country legal systems and their unique processes.