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UK Trade Mission To Novorossiysk

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A small delegation of business leaders from the South West of England are off to the Russian Black Sea port of Novorossiysk later this month from the 24 to 28 September.

The visit is being organised by International Trade Matters (ITM) working in partnership with the Novorossiysk Chamber of Commerce, and looking to develop future business, educational, and cultural opportunities between the two peninsulas.

Linda Middleton-Jones, managing director of (ITM), and director of the Plymouth & Devon Chamber of Commerce, said: “We have been invited by the President of the Novorossiysk Chamber of Commerce Mr Igor Zharinov, for local companies interested in exporting to Russia’s largest sea port.”

Plymouth has been linked to Novorossiysk since 1956, and formal links were officially tied in 1990 between the cities.

“We are looking to visit companies in Novorossiysk, meet educational, cultural and political leaders, and sign a ‘Memorandum of Understanding’ between the Plymouth and Devon Chamber of Commerce and Novorossiysk Chamber in working together over the years to come,” she said.

Mr Zharinov, said: “I represent over 240 firms in Novorossiysk and we’re growing fast.”

“There are opportunities in our marine, navigation, freight, education, student exchange programmes, digital and creative media, food and drink, and many other consumer goods and sectors,” he said.

Mr Sergei Averin, UK representative of the Chamber of Commerce and Industry of the Russian Federation in the Russo-British Chamber of Commerce (London), said: “We are supporting this South West visit to Novorossiysk which is unique to this area.”

“Our organisation would like to see more regions across the UK doing business in the Russian market place,” he said.

Firms from Plymouth and the South West already have experience forging contacts in Russia, and in June 2017, the Plymouth and Devon Chamber of Commerce hosted a party of Russian delegates from Novorossiysk and the Tatarstan Chambers.

The Russian delegation took time out from the Russian-British Chamber’s conference in London to visit Plymouth to see the potential for promoting trade links between the two cities and regions.

The Russian group was taken on a tour of Princess Yacht’s base in Stonehouse, Plymouth, and given a cruise around the Sound in one of the firm’s vessels.

Kevin Kelway, director of Dorcas Media, and (ITM) specialist helping to coordinate the visit, said: “Yes, we are living in challenging times with Brexit and the ongoing political relationships between Moscow and London, but fostering long term business, educational, and cultural relations for the future must carry on.”

“The aim of the South West visit is to cement existing and new relationships and opportunities.”

“Over 600 British companies operate in Russia and the UK is the 10th biggest investor in Russia, and with plenty of scope to develop trade between our regions.”

(ITM) is an independent company based in Devon and works across the UK and overseas, and offers international trade services across sectors, geographies and disciplines.

The company has a raft of experts in advice on entry in new markets, international marketing and PR strategies, and delivers advice clinics for companies, educational, business organisations, and Chambers.

Anyone looking for more information about (ITM) can contact their web portal: www.internationaltradematters.com

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International Expansion for Warwickshire Recruitment Firm

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A Midlands-based recruitment company has announced an international expansion after striking a deal with Volvo Car Corporation.

Apex Recruitment, which specialises in the automotive, engineering and advanced manufacturing sectors, has been engaged by Volvo – part of the Geely Group which owns LEVC, the makers of the London Taxi – to recruit staff to work at their Swedish operations.

Warwick-based Apex, which is celebrating its 40th anniversary, worked with specialist consultants 52 Global in Coventry to negotiate the agreement with Volvo and will soon begin recruiting for a range of positions at its production and research & development facilities.

It has also reached agreement to recruit for roles at Geely Group’s subsidiary, CEVT (China European Vehicle Technologies), based in Gothenburg. CEVT was founded in 2013 to provide innovation and engineering services to automotive organisations within the Geely Group.

Richard Marchington, Sales and Marketing Director of Apex, which is based at Tournament Fields, Warwick, said the strategy was a recognition of the service that they provide in the UK and how this could be replicated in Sweden, supporting the automotive market in both countries to allow continued growth.

“We have been talking with Volvo for around 18 months with the possibility of helping them recruit staff and we have now reached an agreement,” he said.

“They have undergone considerable investment in recent times. Their new model ranges have been well received and they enjoyed record sales last year with a rise of seven per cent.

“Their announcement that all new Volvo models from 2019 will enjoy some form of electric propulsion has really upped the ante in the automotive world, and clearly there will be a great deal of work to make that happen.

“They realise that our reach within the industry extends globally and are keen to tap into the skills of the people we work with, as they have a need for a high level of expertise for some of the cutting-edge projects they are undertaking.”

Apex is now planning to open an office in Sweden to service the contract, and is also in talks with other international companies.

Marchington added: “There are several draws for Apex staff to move to Sweden to work. Volvo is undertaking some cutting-edge work across their model range and it is a very interesting environment.

“There is an appeal of working in a new culture and as well as being a beautiful country, they have a very attractive work-life balance with competitive salary levels.

“We are also in advanced talks with another company elsewhere in the world and hope to have positive news of that in the near future.”

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UK’s Royal Mail Buys Canadian parcel Delivery Firm For C$360 Million

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Royal Mail Plc’s international arm GLS has bought Canadian parcel delivery company Dicom Canada from Chicago-based private equity firm Wind Point Partners for C$360 million ($275.7 million), the British post and parcels company said on Monday.

The deal, which takes Royal Mail into Canada, was funded through existing borrowing facilities and will be earnings and cash flow accretive in the financial year ending March 31, 2019, the company said.

($1 = 1.3056 Canadian dollars) (Reporting by Justin George Varghese in Bengaluru; Editing by Amrutha Gayathri)

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Forest Gin Branches Out Into New Spirits And Overseas Markets

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The Forest Distillery, a family-run distillery based in Macclesfield Forest, is expecting its exports to grow tenfold after securing unprecedented pre-orders from Japanese customers for its new line of whisky launching later this year.

Husband and wife team Karl and Lindsay Bond have big plans for their new whisky brand – Forest Whisky – to help secure the firm’s future through exporting. They plan to increase their exports to constitute 90% of their total revenue in five years’ time.

Currently, the distillery’s exports make up 17% of its sales, with its gin sold in ten countries, including Japan, China, Australia and the US. UK stockists include Harvey Nichols and their gin is available by the glass in the Virgin Trains First Class lounge in London.

Interest in the new whisky brand follows repeat orders from distributors in Japan for the firm’s earl grey infused gin over the last year.

Forest Gin is the only gin to have ever been awarded two separate Double-Gold Medals at the San Francisco World Spirit Awards in 2016, a competition that assesses hundreds of spirits from all over the world.

Since starting operations three years ago, the business has leveraged worldwide demand for premium products with a clear British heritage to fuel its impressive growth. The team joined trade missions to China, Japan and the US, organised as part of the Food is GREAT campaign, a joint initiative by the Department for the Environment, Food and Rural Affairs (Defra) and the Department for International Trade (DIT) to help British food and drink businesses sell their goods and services overseas.

Karl Bond, co- founder of The Forest Distillery said: “We’ve been amazed at the reception to our gin from overseas buyers. We’re expecting our exports to grow substantially over the next few years, especially as we continue to find trusted contacts in new markets, with support from DIT.

“We’re very excited about the launch of Forest Whisky. We’re only the 15th distiller in England to be granted a licence to mature whisky, and to receive pre-orders at this early stage shows how highly regarded British distillers are internationally.

“We expect to face a few challenges as we grow our exports. The logistics of transporting our porcelain bottles is an obvious one. But support is on hand from DIT to help us connect with distribution partners that we can trust to take maximum care of our products. With the support that’s available, there’s nothing stopping others like us in the drinks business to find a footing in new markets.”

Paul Stowers, Head of North West region at DIT, said: “While it’s the Scottish that are typically best known for their whisky exports, ambitious drinks businesses like the Forest Distillery are beginning to fly the flag for English whisky overseas.

“We’re also currently seeing a surge in demand for British gin from abroad, as part of a so-called ‘ginaissance’, which is the result of excellent products like Forest Gin.

“UK exports of gin have risen by 19% in the first half of 2018 and are predicted to reach £600 million by the end of the year. This is more than double the value exported in 2008. The US and Australia in particular are hot markets for British gin, and we’d urge any distiller to get in touch with one of our local International Trade Advisers to find out how they can begin or grow their trade overseas.”

 

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