In order to start any co-operation we must receive a draft project proposal. Our investment decision is mainly based on the following criteria:
1. Innovation and intellectual value of the project conception
2. Development of business conception of the project
3. Company’s vision and development strategy
4. Economic environment of the project (present and future)
5. Skills and achievements of project managers
Each project is assigned to an investment manager, who makes judgment about the attractiveness of the company’s vision, feasibility of the development strategy and competence of the management. The investment manager prepares a Project Report, which is submitted to the Investment Committee for its opinion. If the opinion is positive, terms and conditions of the agreement are negotiated with the partners and a Letter of Intent is assigned. These initial steps are followed by a due diligence review. Based on the Letter of intent and results of the due diligence review, the Investment Agreement is negotiated.
The final decision about joining the project is made by the Investment Committee, only then can the Investment Agreement be signed. An investment decision usually takes up to one month. In exceptional situations this time can be shortened.