Preview

Blbl

Good Essays
Open Document
Open Document
328 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Blbl
Optimizing your B2B integration

YOUR GATEWAY TO IRAQ

Hermes, International Business Center is an international integration service provider enabling businesses to optimize their B2B collaboration and engagement by linking them across a selection of service fields.
At Hermes the key aspect is to add value to clients by facilitating them to get in touch with entrepreneurs alike, in order to enhance overall operations and the next step into their internationalization process.
Hermes, IBC has many links with international firms in an extensive range of sectors. Links are established with trading, construction, and pharmaceutical firms. In addition, Hermes is also linked with companies in the service utilities and energy sectors. Next to the cooperation with many international firms, Hermes has very strong ties with Commercial Attaches from all around the globe. These relations assist in the process of interlinking firms by leveling out issues regarding an eventual partnership.
As of the beginning of the year 2013, Hermes opened its office in Erbil, Iraq.

Regarded as an economically booming region, the Kurdistan Region in Iraq has become a “safe haven” for many international firms which seek to counter their losses made in the West. The Kurdistan Region has introduced a strong sense of attractiveness towards many international firms, these firms enter the Iraqi Kurdish market not knowing how to conduct their first steps, they need a partner which could assist and guide them. Hermes IBC is the most suitable partner in interlinking business in Iraq, this because of their extensive network and relations with numerous Iraqi firms. Relations extend to the level incorporating high – level local business men in the board of Directors. One firm which has been Hermes partner is the local firm, Babylon Media Group.
Hermes IBC aims to serve global companies which are trying to enter the Iraqi market and similar markets, and which need to be interlinked



Links: are established with trading, construction, and pharmaceutical firms. In addition, Hermes is also linked with companies in the service utilities and energy sectors. Next to the cooperation with many international firms, Hermes has very strong ties with Commercial Attaches from all around the globe. These relations assist in the process of interlinking firms by leveling out issues regarding an eventual partnership. As of the beginning of the year 2013, Hermes opened its office in Erbil, Iraq. Regarded as an economically booming region, the Kurdistan Region in Iraq has become a “safe haven” for many international firms which seek to counter their losses made in the West. The Kurdistan Region has introduced a strong sense of attractiveness towards many international firms, these firms enter the Iraqi Kurdish market not knowing how to conduct their first steps, they need a partner which could assist and guide them. Hermes IBC is the most suitable partner in interlinking business in Iraq, this because of their extensive network and relations with numerous Iraqi firms. Relations extend to the level incorporating high – level local business men in the board of Directors. One firm which has been Hermes partner is the local firm, Babylon Media Group. Hermes IBC aims to serve global companies which are trying to enter the Iraqi market and similar markets, and which need to be interlinked with local and international firms in order to succeed in their endeavors in the Iraqi and surrounding markets.

You May Also Find These Documents Helpful

  • Powerful Essays

    Jamali, D. (2011, May 17). Partnership for Lebanon and Cisco Systems: Promoting Development in a Post-War Context. Richard Ivy School of Business. Retrieved from http://eprints.soton.ac.uk/189595/1/Partnership_for_Lebanon_and_Cisco_Systems_-_Promoting_Development_in_a_Post_War_Context.pdf…

    • 2067 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Daniels, J. D., Radebaugh, L.H. & Sullivan, D.P., (2009) International Business : environments and operations, 12th ed., NJ: Prentice Hall…

    • 2967 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Comm 103 Notes

    • 2234 Words
    • 9 Pages

    * Whether it is through operational growth strategic alliances, formal partnerships, mergers and/or acquisitions, the global marketplace is becoming home to an increasing number of businesses seeking to operate via an international-based business model.…

    • 2234 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Egt1 Task 4 Essay Example

    • 2598 Words
    • 11 Pages

    In a time of global commerce, new business ventures can take on many forms. What used to be local or even national companies have become world-wide. International growth of a business can be extremely beneficial but is not without its challenges. Different countries have different peoples and different cultures - different ways of doing business altogether. If a venture is to be successful, these differences must be well understood.…

    • 2598 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    With the rapidly growing state of todays start-ups, fostering good overseas partnerships are essential in any business seeking to expand their company internationally. With such expansions, come becoming inter-culturally involved with those partnerships so that both party’s implicated can expand exponentially, building off one another.…

    • 1209 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Companies engage in international business to expand sales, acquire resources, and diversify or reduce risks. Due to an increase in and expansion of technology, liberalization of cross-border trade and resource movements, development of services that support international business, growing consumer pressures, increased global competition, changing political situations, and expanded cross-national cooperation the growth of international business has accelerated.…

    • 454 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Globalisation of Google

    • 4209 Words
    • 17 Pages

    Globalization can be defined as the integration of the world economies by allowing free movement of trade, technology and people (Daniel et al, 2009). Furthermore, the developments in technology are perceived as a driving force of globalisation (Denton & Al-Shamali 2000). This tends to be identified and observable in every day to day activity primarily due to the emergence of internet technology. The internet is globally integrating and merging the different nations of the world. The impact of the internet cannot be over emphasized; it has provided a common base upon which countries from the entire world are able to communicate and share information leading to a wide spread of values, culture and trade (Luthans and Doh, 2009). The impact of the internet technology on globalization includes the globalization expansion and improvement in the business strategies (Luthans and Doh, 2009. Google incorporated (inc.) which was formed in 1998 view the internet as a means for sharing the entire world’s data and to allow users a simple and quick mechanism to access this data. Its primary function is organising the world's information and making it universally accessible (www.google inc.com)…

    • 4209 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    MINICASE Luxury Wars

    • 979 Words
    • 3 Pages

    Hermes International is a multi-billion dollar French business owned and controlled by the Hermes family. The business makes and sells luxury goods across numerous product categories. After being passed down through several generations the company decided to list its share on the public market for the reasons listed below:…

    • 979 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    When looking into the factor conditions of Tunisia it becomes clear that there is scope for investment. With a wine history dating back 2,000 years there is already an abundance of wine making knowledge throughout the country; this originated from the Carthaginian era whom placed a huge emphasis on wine making amongst other agricultural practices. The nation’s ability to produce great wine has led to it being referred to as a ‘new world wine’ due to renowned wines such as ‘Passum de Magon’. Furthermore, Tunisian wine production developed into a larger scale with the coming of the French in 1881 as they established several large vineyards, and again in 1956 after the country gained their independence. Despite the countries wine growing area still being relatively small, the soil and Mediterranean climate make it ideal for producing wine. The importance of having the right temperature to make high quality wines is stressed in Boyd’s report who refers to it as a ‘necessity’ as opposed to an ‘optional extra’ (Boyd, 2009). Tunisia’s infrastructure is also constantly improving; with over 20,000 kilometres of road, 6 airports and 2 modern highways (Nations Tunisia, N/A) the nation’s transportation links are developing quickly. It’s important to note that if the company decide to invest in Tunisia, strong transportation links to ensure logistic ease and boost competitiveness will be required. As already highlighted the need for skilled winemakers are already in place and with a minimum wage of only 286 TND ($207.25) a month (State Gov, 2012), the potential for business opportunities is there for all to see. Additionally, foreign investments generate one-third of Tunisia’s exports and continues to be a significant source of growth (Bureau of Economic and Business Affairs, 2012), thus suggesting overseas investments in the country are likely to be beneficial.…

    • 1822 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Chavez

    • 1134 Words
    • 5 Pages

    This paper will talk about Hugo Chavez and the many sleeves that he wears as president. The economic system will be conquered in this paper. It will also, explore the political party that is practiced in Venezuela. Another thing that this paper will touch on is the country’s differences and what is being done to change it. One major issue in Venezuela seems to be the corruption of the government. Another issue this paper will cover is the drawback of the oil prices falling. Lastly, the focus will be on the future of Venezuela and the attractiveness of international businesses doing business in Venezuela.…

    • 1134 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Source: Taggart, J H and McDermott, M C (1993) The Essence of International Business, Prentice Hall, Englewood Cliffs, NJ.…

    • 3467 Words
    • 34 Pages
    Powerful Essays
  • Good Essays

    In addition, in reference to the article and my own research IBSA has three main purposes. First off, IBSA is used, as a group for discussion and organization on worldwide and local political matters, for example, the improvement of the global organizations of political and economic authority, climate change, terrorism etc. Second, ISBA is known for a trilateral association on distinct developments, via fourteen operational units and six People-to-People groups, for the shared profit of the three nations. Lastly, IBSA also plays a role in supporting other unindustrialized nations by taking up assignments in the latter through IBSA Fund.…

    • 478 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Czinkota, Michael R., Ilkka A. Ronkainen and Michael H. Moffett. Fundamentals of International Business. Mason: South-Western, 2004.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Teachers Handout

    • 755 Words
    • 4 Pages

    The IBS mission states that the purpose of IBS is to “educate students of different nationalities to become responsible and entrepreneurial international business professionals”.…

    • 755 Words
    • 4 Pages
    Good Essays