Luckily, Feng Yu used the excuse that he is sick to get over it. Kirilenko poured himself a cup of tea, and Feng Yu was enjoying his tea.
Tea tastes so good. Why must he drink alcohol? Does it feel good to be dizzy?
"Brother Ki, we had invested so much money into that supermarket corporation. Why are you only setting up 20 new supermarkets?" Feng Yu was puzzled. The money he and Kirilenko had invested should be enough to set up 40 new supermarkets. Russia's real estate prices are not as high as Hua Xia's.
"That supermarket corporation had high debts in the past, and they had relied on bank loans to develop their business. The money we invested must be used to repay the loans. Also, this year's economic situation is not good, and all the payments must be settled within the same month. That's why we need to set aside some liquidity. "Kirilenko said after taking a sip of vodka.
Feng Yu calculated the scale of this supermarket corporation in his mind and felt it was a good investment. Most importantly, this supermarket corporation will become Russia's biggest supermarket corporation. This will be beneficial to the supermarket's development.
"Brother Ki, do you still remember our discussion? This supermarket corporation should not only develop in Russia. We should also set up supermarket chains in other countries in Eastern Europe. We must make our supermarket corporation a world-class retail corporation!"
Russia's population is small, and compared to Hua Xia, Russia's population is sparse. But many countries in Eastern Europe are allies of the Commonwealth of Independent States, and they have a lot of cooperation. Also, all the countries in Eastern Europe use Russian, and many of them use Rubles as their currency.
If Kirilenko can set up supermarket chains in these countries, the scale will increase. It will also increase the supermarket's purchasing channels and brand awareness.
"I know. I am in negotiations to acquire two supermarket corporations in Ukraine and Belarus. But I will need to cooperate with the people in those countries. Don't worry. We will be using our supermarket corporation's name. "
Kirilenko had wanted to set up his own supermarkets, but after some research, he realized it is not easy. It was because the other supermarkets had set up their supermarkets earlier and occupied all the good locations. Fortunately, the two supermarket groups were not large and their assets were not high.
Ukraine and Belarus also suffered a lot from the devaluation of Russian Ruble. Their currencies depreciated by 35% and 70% respectively. Even the CIS countries' currencies depreciated because many of their currencies are pegged to Russian Ruble.
The Commonwealth of Independent States as a whole suffered losses, which gave Kirilenko an opportunity to become the largest retailer in Eastern Europe!
Other than Ukraine and Belarus, the supermarkets in other Commonwealth of Independent States had just started. Kirilenko was confident that he could take down those companies at any time. The supermarket companies in those countries were not qualified to invest.
Feng Yu was very satisfied. It seemed that there were still some capable men under Kirilenko. Perhaps those people were better than Feng Yu in terms of business management, but their foresight was far worse than Feng Yu's.
"Brother Ki, what kind of enterprises are your country encouraging to invest in now? I mean there are some preferential policies."
"Construction, construction materials, transportation, wood processing, food processing, textiles, etc. These are all light industries. The only heavy industries are automobile manufacturing, and I think there is also a telecommunication industry. Have you thought of another good investment? "Kirilenko immediately put down his wine glass and looked expectant.
Feng Yu had already cooperated with Kirilenko in the automobile manufacturing and telecommunication industries. The remaining industries are light industries. Feng Yu had already invested a large sum in the underground resources. It seems that there is nothing else for him to invest in.
Feng Yu scratched his head. Without the preferential policies, he will still invest in some industries.
"Brother Ki, are you interested in food processing? There might not be many profits now, and the future profits will not be high. But it will be stable. "
"Food processing? Never mind. I had sent my men to look into this industry, and it is not profitable. Russia is different from Hua Xia. Our food is not as delicious as yours. "
If Kirilenko does not have high expectations for the taste of food, then there will not be high profits.
Feng Yu thought for a while. Since Kirilenko is not interested, then forget it. Feng Yu will not be able to set up this industry by himself. At the same time, Beidacang will be able to expand to Russia.
"What about making furniture?"
"Furniture? Wood processing? We still have a lot of small factories in Russia. Although your brand is good, the sales might not be good. There are many furniture brands in Western Europe, and they are not selling well in Russia. Only some high-end brands are selling well, but there is no room for us to enter. "Kirilenko shook his head. He had done his research.
"How about building materials? We have so many mines, iron ores, and non-ferrous metals. It will be a loss if we only export raw materials. We can set up a metal processing company, and we have the relevant permits. "
"Are you really going to expand this industry? Based on the scale you mentioned, Russia cannot handle it and can only export it. "
"I think this industry is promising. After all, our automobile factory also needs a lot of metal materials. I can sell a large portion of this in Hua Xia." Feng Yu said. Maybe some Hua Xia companies will spend less, and it will be considered contributing to the country.
"Ok. I will listen to you. We will bring up this investment and try to start production next year!"
"Also, there will be chemical companies. Not only petrochemicals, but also daily chemical products, including cosmetics. You should know how expensive a set of branded cosmetics is in the US and Western Europe. The profits are very high. If we can set up a well-known brand, we will surely get a share of the profits. "
In Feng Yu's previous life, it is not only Europe and the US. Asia's cosmetics consumption is the highest. Hua Xia's cosmetics consumption is increasing year after year, and it had become the biggest cosmetics market in Asia and the world!
The people of Hua Xia prefer imported products, especially from Europe.
Russia is also a part of Europe, and if Russia can occupy the Eastern Europe and Hua Xia market, it will be one of the top companies in the world!
Petrochemicals' investment is not low, and if it weren't for Feng Yu, Kirilenko could not afford it. Now, Kirilenko wants to add in daily chemical products, and the investment will be higher.
Luckily, Russia has lots of talents in the chemical industry, and Kirilenko does not need to worry about this.
"Ok. I will listen to you. We will also expand our chemical industry! But Feng, I will not have any money left. "
"You can get loans. You just need to persist for two years, and the mining company's profits will be enough. What about the supermarket, electronics factory, and automobile factory's profits?" Feng Yu knew Kirilenko wants to own more shares, but Feng Yu does not want to lose out.
"Ok. That's all? Are there any other new investments? "
"That's all for now. I believe you can become Europe's Top Billionaire after these companies are developed!"
Kirilenko's eyes brighten up. Europe's richest man? Sounds good. Let's do it!
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