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Lidings’ Experts Contribute to the Annual Doing Business Research

Lidings managing partner Andrey Zelenin and partner Sergey Patrakeev took part in the research and preparation of an analytical review of how easy or difficult it is for an entrepreneur to open and run business in Russia for the Doing Business rating, held annually by the World Bank Group and the International Finance Corporation providing objective measures of business regulations in 190 economies.

The research methodology is based on a survey of entrepreneurs, legal experts, business consultants, accountants, government officials and other professionals routinely administering or advising on the relevant legal and regulatory requirements each in his jurisdiction.

Lidings’ experts traditionally participating in the research are managing partner Andrey Zelenin and partner heading corporate and M&A practice of the firm Sergey Patrakeev. Conducting a thorough analyses of changes in Russian legislation occurring over the each researched year that have had significant impact on the legal regulation of doing business in the country, they comment on the latest developments in an interview with rating’s representatives.

“In general, Russia has been outlined as one of the countries demonstrating the most significant growth during existence of the rating along with Khazakstan, Republic of Belarus and other neighbor countries. We are delighted to see the list of experts from Russia extending each year particularly because of the contributions by lawyers, our fellow legal business’ colleagues”, - comments Andrey Zelenin. “Advising large national and foreign companies on a wide spectrum of the Russian law we have a special focus on the legal support of investment projects and we are gratified to note that measures taken by government to reform country’s business environment work well and show results reflecting in the growing number of foreign investments in the Russian economy”, - adds Sergey Patrakeev.

For more information on the Doing Business research methodology please refer to the rating’s official website.

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