An international team of global legal practice Norton Rose Fulbright has advised Sumitomo Electric Bordnetze GmbH, a group company of Sumitomo Electric Industries, on a contractual joint venture with a Belarusian supply business. The joint venture was implemented for purposes of supplying Volkswagen Group Russia with wire harnesses. The project is a major step on enlarging the activities of Sumitomo Electric Bordnetze GmbH on international growth markets.
Sumitomo Electric Bordnetze GmbH, headquartered in Wolfsburg, Germany, is a leading full-system supplier for the international automotive industry. The company currently employs more than 24,000 people at 21 locations worldwide and generated a turnover of approximately €900m in 2012.
The Norton Rose Fulbright team was led by Karsten Kühnle (of counsel), supported by Rüdiger Hoffmann, Alexander Dähnert (all corporate, Frankfurt); Christian Filippitsch (partner), Max Seuster (both competition, Brussels); Nick Dingemans (partner), Ilya Kuznetsov, Vladimir Loktionov (all Moscow). Belarusian law was provided by law firm Sorainen.
