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Lanxess regional CFO Michael Offermanns on running subsidiaries in Eastern Europe

Few regions are as diverse in terms of culture and language as Europe’s east. Michael Offermanns, CFO of Lanxess CEE and Turkey, hails the investment opportunities still existing in the region but admits he needs to be “convincing” to draw senior management’s attention to them. He also says that “excellent support” and outside help from a specialised tax firm is crucial in ensuring compliance across all jurisdictions.