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ALIDI Updates Development Plan for Q’4

15.10.2008

ALIDI has adopted a number of corrections into quarterly development plan. Now this plan includes some measures, the company has to take facing the world finance crisis. Among these measures:

  •  Strengthening of credit control: when the companies suffer from lack of liquidity ALIDI has to manage risks of nonpayment from its clients.
  • Stock optimization: effective working capital management is a high-priority action in the crisis time.
  •  Optimization of direct and indirect costs. ALID has to optimize organizational structure of its headquarter.

 

“It is not for the first time ALIDI faces an economic crises. We have an understanding of how to act in such a situation. The aggravation of liquidity crisis in the country – is a sort of natural selection, when the strongest survives. We are optimistic about the future. Upon the stabilization if the financing situation we will have an opportunity to conclude new contracts and to expand our geography”. – says Peter Demchenkov, General Director at ALIDI Group.