We are always ready for any possible scenario

Dear colleagues!

Today I would like to write a little about what is happening in the world and how it affects SOLARGROUP, "Sovelmash", and the project "Duyunov's motors".

 

First of all, I would like to report with all confidence that SOLARGROUP, "Sovelmash", and the project "Duyunov's motors" are operating normally. Our goals for funding the construction of the "Sovelmash" innovative center remain unchanged!

The construction of the enterprise is progressing actively and has not stopped even for a day. I would like to point out that a large amount of construction materials and equipment for the innovative center has already been purchased or partially paid for. 

 

Politics is politics, but business remains business. To date, none of the foreign business partners refuses to work with "Sovelmash", because all the potential customers understand: the "Slavyanka" technology has not become less valuable, it is unique and it has no rivals.

 

The curious part is that "Sovelmash" is now in an even better position than before: domestic demand for the company's services and its products is growing in Russia. The Russian government has recently announced the policy of import substitution and "Sovelmash" becomes the main beneficiary in this situation. This, of course, is gratifying.

 

Regarding SOLARGROUP, the company is not registered in Russia and any political and economic risks are of no concern to us. We have a very diversified business, we operate in almost every country in the world, and instability in any given region cannot be harmful to us. Now we do not feel a decline in interest to the project from investors, and even more than that: in February we successfully met the financial plan for the month!

 

All SOLARGROUP services operate normally: there are no problems with adding funds in the back office, making payments for investment packages or withdrawal of referral remuneration. All departments of the company operate as before, all obligations of the company to its employees and business partners will be fulfilled.

 

We have proven many times that we can adapt to any situation in the world. For example, when businesses around the world were making losses, laying off employees and stalling development because of the coronavirus, we smartly adapted to the new realities of the world. This allowed not only to maintain the pre-crisis performance, but also to grow steadily in key areas. 

 

Any instability ends: during the project implementation time, we have already been through many challenges, and I am sure we will overcome this one, becoming only more experienced and stronger. The project has not become less valuable for our investors too, on the contrary: it will help people maintain their purchasing power, save their money and even multiply it in the future. The relevance of the "Slavyanka" technology is growing each year, and we already understand how much the world needs it. 

 

We are always ready for any possible scenario.
 

General Director of SOLARGROUP Sergey Semyonov