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News

16.04.2015

Licorice root deliveries to USA recognized as “Best Export Project” in Russia’s South Federal District

The company Russolod, which exports licorice roots to the United States, won first place in the 2015 Best Export Project category of the Business Success national entrepreneurship prize established by EXIAR.

EXIAR’s Director of Regional Development Boris Igoshin was on hand to give the top prize to the South Federal District finalist, Alexey Kamin, CEO of Russolod.

The main criteria for selecting the winner in the Best Export Project category were: company experience with export deliveries, delivery locations, the particularities of the products being sold, and whether they company has its own manufacturing facilities.

The awards ceremony took place in Astrakhan, Russia, on April 15, 2015, as part of Business Territory – The Territory of Life, an interregional forum for entrepreneurs.

A special prize was prepared for the winners of the Best Export Project category: “Made in Russia” gift certificates. Exporters can redeem these certificates to promote their products through advertising and information campaigns.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011 as an open joint-stock company. EXIAR's mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. Vnesheconombank is the sole shareholder of EXIAR. The agency's charter capital is RUB 31 billion. Since November 2014 Eximbank of Russia, a Russian specialized government–owned export–import bank, has been a subsidiary of Russian Agency for Export Credit and Investment Insurance (EXIAR).

External Communications EXIAR