Eurostep

While working at the National Bank of Paris, Mr. X took an interest in the various countries and economies emerging from the former Soviet Union. He started Eurostep with a former schoolmate who was Russian and who spent a great deal of time in Harvard's Russian Department. As a result of this time, the associate had a great many contacts with Russian diplomats and professors, and others who would be valuable to the new venture.

Initially, Mr. X maintained his position with the National Bank of Paris and Eurostep concentrated on consulting with French companies doing business in Russia. The niche at this point was that between the two principals of Eurostep, they had the combined experience and contacts to be valuable as consultants to the French companies. In addition, serving as consultants required little start-up capital (the company was started with 10,000 francs) since the large companies would provide whatever finance was necessary. Since the consultants ma

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knowledgeable about some aspects of aluminum, and who were intelligent and willing to learn more about the industry in general and the state of the industry in Russia. Eurostep then arranged for three plant visits in order to learn melting techniques, analyze the production processes and determine whether more modern techniques were needed. These three plant visits were held in Siberia and took two weeks. What Eurostep discovered was that Russia had huge plants that were 50 years behind Western Europe in technology and that there was a large market ready for new production processes. Armed with this information, Eurostep set out to design a better system. There were certain considerations that Eurostep had to take into account as it designed its plan: financial stipulations were critical because cash flow was a key criterion; the company also considered the market for aluminum in Russia; the purity of the metal and its weight also had to be taken into account (Russian aluminum was considered of poor quality when judged against the global market); finally, the high refinement costs also were taken into account. Because of its strong preparation work and the quality of the people assigned to the project, Eurostep was able to
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Some common words found in the essay are:
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Approximate Word count = 1279
Approximate Pages = 5 (250 words per page)