Sergii Vaskov’s Post

🐦⬛  Cultural differences in business ↔️ what to expect in Poland? Fear of cultural differences is normal when a company expands into a new market. However, it is worth getting to know the business culture in a given country in advance to avoid misunderstandings or disappointments. How does business culture in Poland differ from that in Scandinavian countries? 🆚 Power distance. Poland values hierarchical structures, which are quite the opposite of decentralized power and informal relationships, highly appreciated in the North. 🆚 Femininity and masculinity. Poland leans towards a masculine society, focusing on competition, which may be in opposition to the Scandinavian quality of life and cooperation, embodying a more feminine culture. 🆚 Uncertainty avoidance. Poland prefers rigid rules and is resistant to innovation; Scandinavian societies take a more flexible approach, embracing improvisation and risk-taking. Fortunately, every cultural and business difference can be understood and accepted - with the help of an experienced advisor operating in the target market, this will not be difficult! #businessdevelopment #strategi #ledelse #sales

Yesterday, I visited Bratislava. The transformation since my last visit in 2001 is stunning! From a post-Soviet economy to a thriving EU member, Slovakia’s 2004 🇪🇺 entry opened doors for foreign investments 🌍, while adopting the Euro 💶 in 2009 brought stability and investor confidence.   Bratislava has earned its nickname as the ‘Detroit of Europe’ 🚗, producing over 1 million cars per year, with giants like Volkswagen, Kia, and Peugeot. FDI has surged beyond cars, with booming electronics, IT, and service sectors 📈. Today, Bratislava ranks among the EU’s highest GDP regions—an incredible leap from the 1990s.   With vision and hustle, entrepreneurship and using foreign direct investment strategically in growth-oriented industries & knowledge transfer to create jobs and long-term growth.💼 Bratislava’s story offers valuable lessons for other EU regions, including those that have historically enjoyed wealth and media attention.

🚀 Why Now is the Perfect Time to Expand Your Business to Germany!🚀 Yes, the Finnish market may be experiencing a slowdown right now, but this is actually a prime opportunity to look beyond borders and set our sights on new horizons. And where better to focus than Germany? Here are only a few reasons why expanding to Germany makes sense right now: 1️⃣ Economic Resilience: Germany has one of Europe's strongest and most stable economies. Even during challenging times, its market demonstrates remarkable resilience, making it an attractive destination for growth. 2️⃣ Demand for Innovation: German businesses are eager for new technologies, innovative solutions, and high-quality products—areas where Finnish companies excel! 3️⃣ Strategic Positioning: With its central location in Europe, expanding to Germany not only opens doors to its market but also acts as a gateway to the entire continent. It’s the perfect stepping stone for broader European expansion. While others might hesitate due to the current market conditions, let’s embrace this as a strategic opportunity to diversify, innovate, and grow. 💡 Now is the time to think big, be bold, and make the move! #BusinessExpansion #GrowthMindset #Germany #MarketOpportunities #Innovation #ThinkBig #GoGlobal 🌍

The influential rise of so-called "Multilatinas" in Spain is fueling Latin America's growth and internationalization, according to the latest report from the CEAPI, Consejo Empresarial Alianza por Iberoamérica. The region now stands as Spain's fourth-largest investor, trailing only behind France, the US, and the UK. Dive into the full report here: https://lnkd.in/dduPRmBi

Navigating the Global Market - Challenges and Opportunities for Finnish Companies As many of you know, Finnish companies are renowned for their innovation and quality products, but taking that success to the global stage isn't always straightforward. In my own experience, expanding into international markets has presented both unique challenges and incredible opportunities. 🌎 I'd love to hear from all of you—what have been the biggest hurdles you've faced when taking your business abroad? 🌎 How did you navigate those challenges? 🌎 What advantages do you think Finnish companies bring to the global marketplace? Let's share our insights, strategies, and perhaps even some "war stories" to help each other succeed on the international stage. Looking forward to hearing your thoughts and learning from your experiences! #GlobalExpansion #FinnishBusiness #NordicInnovation #Innovation

🐦⬛  Cultural differences in business ↔️ what to expect in Poland? Fear of cultural differences is normal when a company expands into a new market. However, it is worth getting to know the business culture in a given country in advance to avoid misunderstandings or disappointments. How does business culture in Poland differ from that in Scandinavian countries? 🆚 Power distance. Poland values hierarchical structures, which are quite the opposite of decentralized power and informal relationships, highly appreciated in the North. 🆚 Femininity and masculinity. Poland leans towards a masculine society, focusing on competition, which may be in opposition to the Scandinavian quality of life and cooperation, embodying a more feminine culture. 🆚 Uncertainty avoidance. Poland prefers rigid rules and is resistant to innovation; Scandinavian societies take a more flexible approach, embracing improvisation and risk-taking. Fortunately, every cultural and business difference can be understood and accepted - with the help of an experienced advisor operating in the target market, this will not be difficult! #businessdevelopment #strategi #ledelse #sales

🚀 Invitation to the Launch Event of the EU Business Hub - Japan and the Republic of Korea 🌏 📅 Date: June 21, 2024 🕙 Time: 10:00 AM – 12:00 PM 📍Location: online via Zoom The Bratislava Regional Chamber of SOPK cordially invites Slovak businesses to an introductory meeting on the new EU Business Hub - Japan and the Republic of Korea program. This program, funded by the European Union, aims to support European companies in Asian markets, focusing on three key areas: green technologies, digital technologies, and medical and healthcare technologies. Meeting agenda: 10:00 – 10:15 Welcome (Ivana Lukáčová, BRK SOPK) 10:15 – 10:35 EU Business Hub program overview (Riccardo Attorri, Deloitte Belgium) 🔹 Market overview 🔹Program goals and expected impact 🔹Benefits for EU companies 10:35 – 10:50 Introduction to the first missions (Ana Sarateanu, Eurochambres) 🔹Sectors and industries included in initial missions 🔹Mission program and selection process 10:50 – 11:05 Q&A session 11:05 – 11:35 Open discussion with participants (moderated by Ivana Lukáčová) 🔹Challenges Slovak companies face in entering foreign markets 🔹How BRK SOPK can help companies prepare for Asian markets 🔹Identifying gaps and designing joint strategies, such as the Export Academy 11:35 – 11:45 Closing remarks (Ivana Lukáčová) EU Business Hub - Japan and the Republic of Korea is a program that will enable EU small and medium-sized enterprises (SMEs) to participate in 10 trade missions to Japan and 10 missions to the Republic of Korea over the next four years. Each mission will support 50 innovative European companies through extensive business consulting and B2B matchmaking. 🗣️ Communication language: English and Slovak Register now and learn how you can be part of this exciting journey! ✨ https://lnkd.in/e5cJGCFE #EUbusinessHub #Japan #SouthKorea #BusinessMission #GreenTech #DigitalTech #MedTech #Slovakia #SOPK

While some may see the current market slowdown as a reason to hold back, it’s actually the perfect time to look beyond borders and seize new opportunities. 🇩🇪Germany, with its economic resilience 💪, high demand for innovation 💡, and strategic position in Europe 📍, offers a unique chance to drive growth. 🇫🇮Finnish companies are known for their innovative solutions and quality products, making this the ideal moment to expand into Germany’s thriving market. Now is the time to be bold, take that step, and set the foundation for even broader European expansion. Let’s turn challenges into opportunities and embrace the future with confidence! 💼📈 #marketentry #finland #germany

Reunion in Bucharest and the Potential for Central and Eastern European IT Companies to Enter the Japanese Market On the final leg of my business trip, I reunited with Octavian, the Founder & CEO of the Romanian software company Dyver (https://dyver.app/), in Bucharest after six years. I first met him during my time at OceanBridge at a trade show, where we exchanged business cards. At that time, he was the CEO of a company called CustomSoft, which he has since passed on to a successor. Now, he has founded Dyver, an eCommerce content management platform, and is working hard to establish it in the market. Octavian, like many Hungarian companies, is eager to enter the Japanese market and has already found a partner to assist in this endeavor. I expressed my willingness to support him in any way I can as he moves forward with this initiative. While there are certainly challenges to entering the Japanese market—such as language barriers and differences in business practices—Japan's shrinking domestic market makes it crucial for Japanese companies to actively seek partnerships with overseas firms. Central and Eastern European IT companies, in particular, have shown a strong interest in the Japanese market. I believe that deepening relationships with these companies presents a significant opportunity for Japanese businesses to expand into international markets. Throughout this trip, I was consistently impressed by the humility of everyone I met, and their focus on building long-term relationships and achieving mutual success. What touched me most was how many of them resonated with the "Life is Taketombo" philosophy. The fact that these Central and Eastern European partners are not just focused on business success, but on sharing joy and building meaningful connections, is a value that I deeply admire. https://lnkd.in/gUmsaSpb #TeamTaketombo #LifeIsTaketombo #DoingBusinessInJapan #JapanMarketEntry #CzechRepublic #Hungary #Romania #CentralEasternEurope #BusinessExpansion #MarketEntrySupport #InternationalBusiness #GlobalPartnerships #V4Plus