COMPANY POLICY
License SORDIS LLC valid till 2021.
Conditions of Contractors selection for conclusion of an alcoholic products supply agreement
- General
1.1 SORDIS LLC (PSRN 1045207892620, TIN 5263043395) was founded in 2004 on the base of a wine producer with 40 years-long history. Unique technology-enabled production environment is equipped with Italian and German high-technology automatic lines.
1.2 Company SORDIS works with all Russian large federal trading networks delivering its’ products to more than 167 major regional distributors. According to National Alcohol Association data Company SORDIS ranks among TOP-20 of the best producers. Taxes are paid in due time and in full. Every year the enterprise demonstrates progress in productivity, income and average salary increasing export turnover.
1.3 Company SORDIS provides customers with high-quality alcoholic products. Products of Company SORDIS are presented in 65 regions of Russia, Kazakhstan, Latvia, Viet Nam, EU countries, near and far-abroad countries. Company SORDIS fully complies with quality and safety control, observes normative and technical regulations of production and distribution of food products and materials carrying out regular production quality tests both in its own accredited laboratory and in authorized expert organizations. The company has been honored with multiple quality medals and awards at international exhibitions.
1.4 The company offers potential Contractors mutually beneficial cooperation based on the free will of exchanging parties as well as equal opportunities for such cooperation.
1.5 The "Contractor" in this document is understood to be a legal entity which entered into contractual relationships with Company SORDIS for supply of alcoholic beverages so as to sell them ulteriorly on the territory of the Russian Federation.
1.6 This document includes underlying principles for Contractors selection existing in the company Company SORDIS, as well as algorithms for an agreement conclusion to start cooperation.
1.7 The present document was drawn up in accordance with the legislation of the Russian Federation.
2. Principles of Contractors selection for conclusion of an agreement for alcoholic products supply
2.1 Contractors are selected on the ground of uniform criteria based on transparency, economic efficiency and equal access to information.
2.2 The Company checks Contractors for their reliability and compliance with legislative requirements. When selecting a Contractor the preference is given to economic entities which have been engaged in business for a sufficiently long time, and proved to be reliable market partners focused on a long-term cooperation.
3. Contractors selection principles
3.1 Selection of a Contractor represents a process of checking an economic entity for its compliance with requirements for conclusion of an agreement for alcoholic products supply which are established in this document.
3.2 When selecting Contractors Company SORDIS is guided by the following criteria:
3.2.1 A Contractor is duly registered as a legal entity in accordance with the legislation of the Russian Federation.
3.2.2 No arrears in taxes and levies.
3.2.3 A Contractor is not in winding-up stage. No bankruptcy proceedings introduced against it, and its activities are not suspended.
3.2.4 Compulsory possession of a license for purchase, storage and supply of alcoholic and alcohol-containing products, or a license for alcoholic products retail sale. Such license must be valid, non-suspended, and unconcealed.
3.2.5 No facts of nonfulfillment or improper fulfillment of obligations a Contractor assumed under previously concluded transactions.
3.2.6 No claims brought against a Contractor for collection of debts under commercial agreements, no claims for collection of taxes, fees and other compulsory payments to the budget; absence of enforcement proceedings initiated against a Contractor.
3.2.7 No information about a Contractor, its top-managers and its members in the public lists posted on the website of the Federal Tax Service in the section "Business Risks" in the following registers:
Register of disqualified persons
Data on legal entities with which there is no connection at the address (location) they specified and which was entered into the Unified State Register of Legal Entities.
Information about legal entities having tax arrears and / or rendering no tax returns for more than a year
3.2.8 Submission of accounting reports for the year preceding the year of a contract conclusion.
3.2.9 Financial covenants:
Net profit of a Contractor according to annual accounting reports ((Line 2400 of the Financial Results Report) for the year preceding the year of a contract conclusion must be positive.
The amount of the Contractor's equity capital (Line 1300 of the Balance Sheet) should not decrease in annual accounting reports.
3.3 The advantages at a Contractor selection are:
3.3.1 Availability of storage facilities, or alcoholic products retail trade premises in a Contactor’s ownership.
3.3.2 Willingness to do business on conditions of a full prepayment of products.
3.3.3 Willingness to cover the widest assortment list of alcoholic beverages produced by Company SORDIS.
3.3.4 Logistic capabilities for products unloading to a Contractor's warehouses within 2 hours since a carrier vehicle arrival.
3.3.5 Offer the maximum annual coverage of sample of alcoholic beverages.
3.3.6 The period of activity in the market of alcoholic products wholesale trade or food retailing through a retailer is at least 1 year.
3.3.7 Positive recommendations and favorable reports on a Contractor from other business entities carrying out foodstuff production.
3.3.8 Physical person surety, bank guarantee or other means of securing obligations assumed under contract.
3.3.9 Submission of interim accounting reports for the accounting period preceding the period of a contract conclusion in addition to annual accounting reports.
3.10 Degree of a Contractor’s financial solvency (K4) determined by the formula: К4 = (code 1500 – code 1530 + code 1400) / (code 2110: T), where:
code 1500 - rate for code 1500 " Short-term obligations TOTAL" of the accounting balance sheet;
code 1530 – rate for code 1530 “Income of future periods” of the accounting balance sheet.
code 1400 - rate for code 1400 " Long-term obligations TOTAL" of the accounting balance sheet;
code 2110 – rate for code 2110 “Income” of the financial results statement;
T – reporting timeframe, in days,
Not exceeding 2.
3.4. Reasons for refusal to cooperate with a certain Contractor.
3.4.1 Contractor non-compliance with one or several selection criteria determined by this document.
3.4.2 Lack of production capacities and logistics capabilities to meet annual needs of a Contractor for alcoholic products.
3.4.3 Impossibility to fulfil business terms and conditions proposed by a Contactor.
4. Procedure of a Supply Agreement conclusion
4.1 A Contractor, to conclude an agreement, shall submit the following documents:
A copy of the extract from the Unified State Register of Legal Entities issued not earlier than 30 days before an agreement conclusion, certified by the signature of the single executive body and the seal of a Contractor.
Legal Entity State registration.
Certificate of registration with tax authorities
A copy of the license for purchase, storage and supply of alcoholic and retail sale of alcoholic products certified by the signature of the single executive body and a Contractor’s seal.
Copies of constituent documents including all amendments and additions to them (latest editions) certified by the signature of the single executive body of a Contractor and its seal.
A copy of the Minutes of a participants’ meeting (or a copy of a sole member resolution) on a single executive body election certified by the signature of the single executive body and a Contractor’ seal. In case the legal corporate form of a Contractor is a Joint-Stock Company, a copy of the Minutes of a meeting of shareholders shall be submitted.
The original copy of the power of attorney, or a duly certified copy of the power of attorney to a person entitled to conclude and sign an agreement in the name of a Contractor.
A Contractor’s business card filled in as per the form of Company SORDIS and signed by a Contractor’s single executive body.
Annual (interim) accounting reports
In order to select, a Contractor, for concluding a contract, the company may request additional documents in order to verify a Contactor compliance with selection criteria described in Section 3 of this document (certificate of absence of tax and levy arrears, confirmation of its own premises and other documents).
Company SORDIS guarantees the confidentiality of an information received.
4.2 Documents specified in clause 4.1 shall be sent to Company SORDIS by courier or by postal mail. The company, after documents were received, shall consider the possibility to conclude a supply contract, check a Contractor for compliance with selection criteria acting with a due diligence. Application processing time – up to 30 days.
4.3 Based on the results of consideration the Parties conclude this supply agreement (based on standard delivery terms of SORDIS, the agreement form is posted on the website, or a refusal will be sent to a Contractor due to impossibility of concluding thereof.
Certificates and declarations of conformity
RUSSIAN THEE-YEAR AGED BRANDY «FRENCH STANDARD»
RUSSIAN FIVE-YEAR AGED BRANDY «FRENCH STANDARD»
RUSSIAN AGED BRANDY «FRENCH STANDARD»
RUSSIAN BRANDY THREE-YEAR AGED «THREE STARS»
RUSSIAN BRANDY FIVE-YEAR AGED «THREE STARS»
Vodka «SORMOVSKAYA DAMSKAYA SHLYAPKA»
Special tape vodka «SORMOVSKAYA KEDROVAYA SLAST»
Bitter nastoyka «THREE OLD MEN»
Bitter cedar nastoyka «THREE OLD MEN»
Bitter nastoyka «DON PERCHINO»
Bitter nastoyka «UKRAINIAN LEGEND WITH PEPPER»
Sweet nastoyka «SORDIS COWBERRY ON BRANDY»
Sweet nastoyka «SORDIS CHERRY ON BRANDY»
Sweet nastoyka «SORMOVSKAYA CRANBERRY ON BRANDY»
Sweet nastoyka «SORDIS ASHBERRY ON BRANDY»
Sweet nastoyka «SORDIS BLACK CURRANT ON BRANDY»
Cooperation with foreign partners
Company SORDIS recognized by the National Alcohol Association as one of the best producers of alcoholic beverages in Russia is constantly increases its export turnover. The company seeks to make terms of doing business with foreign partners most convenient, promising and mutually beneficial.
Participation in offline international exhibitions
The company regularly participates in major international exhibitions in Europe and Asia where our products quality is marked by numerous awards and medals.
Participation in online exhibitions
We present our drinks at various online exhibitions. The upcoming of them at which our products will take part will take place in September 2020 on the Alibaba platform.
Participation in tasting events
To know more about our products we regularly hold tasting events at retail outlets. There customers can not only taste the drinks but also get wise to their composition.
Intellectual property protection in exporting countries
The trademark, brand name and recipe of each drink are protected with intellectual property rights and have international patents. This guarantees our products to be highly competitive.
Online market penetration strategy
The company's products are sold on numerous electronic trading platforms. We are not satisfied with what has already been achieved and are constantly expanding our presence on various e-commerce platforms.
Translation of catalogues into various foreign languages
Our product catalogues are available in all major world languages. We care to make the description of our products understandable to consumers of any country.
Adaptation of labels and containers to regulations of foreign markets.
The company makes sure that the labels and containers of saleable products fully comply with regulations of foreign markets. Product labels, sticking and packaging are prepared individually for each distributor with respect to local legislation requirements and a customer’s expectations.
To start working with our company we kindly ask you to be acquainted with requirements imposed to contractors as to conclude an agreement for alcoholic products supply. We hope for a mutually beneficial cooperation.
