Subject category:
Strategy and General Management
Published by:
Aalto University School of Economics (formerly HSE)
Length: 33 pages
Data source: Field research
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https://casecent.re/p/21123
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Abstract
This case is focused on the future development of a growing company Oy Lars Krogius AB. Krogius is a medium-sized firm headquartered in Helsinki, Finland, with subsidiary operations in Russia, Estonia and Latvia offering a number of shipping related services. Kari Luomakoski, the President, must evaluate a number of issues within the transition economies of the Baltics and Russia in order to form a new vision for the future. The case is ripe with data on Russia and the Baltic countries, on the cultural and historical factors affecting doing business in the post-Soviet era. Although set in the year 1997, the issues in the case are highly up-to-date. The case can be utilized alone, but combining material from this case with case (B) - Oy Lars Krogius Eesti A/S, (301-103-1) can give an interesting example of the relationship between subsidiary operations and the parent company. What might look optimum from the subsidiary point of view, may not be in the principal interest of the whole group and vice versa.
About
Abstract
This case is focused on the future development of a growing company Oy Lars Krogius AB. Krogius is a medium-sized firm headquartered in Helsinki, Finland, with subsidiary operations in Russia, Estonia and Latvia offering a number of shipping related services. Kari Luomakoski, the President, must evaluate a number of issues within the transition economies of the Baltics and Russia in order to form a new vision for the future. The case is ripe with data on Russia and the Baltic countries, on the cultural and historical factors affecting doing business in the post-Soviet era. Although set in the year 1997, the issues in the case are highly up-to-date. The case can be utilized alone, but combining material from this case with case (B) - Oy Lars Krogius Eesti A/S, (301-103-1) can give an interesting example of the relationship between subsidiary operations and the parent company. What might look optimum from the subsidiary point of view, may not be in the principal interest of the whole group and vice versa.