International Transactions
BERGMANN
Attorneys at Law
Legal Forum:
Investments and Projects
→ Industrial Construction
As a rule, industrial plant contracts are agreed on a turnkey basis. For building the industrial plant the general contractor has to use a variety of subcontractors from different branches and of different nationalities. The special characteristics of international industrial projects present a challenge also in the process of contract drafting. Back-to-back clauses are often used in order to cope with this challenge. However, they are not a magic wand.
Any foreign enterprise intending to sell services relating to the construction industry in Finland will inevitably have to familiarise itself with Finnish law to some extent. When construction services are carried out in Finland, mandatory provisions of Finnish law as well as local practices and business customs have an effect on the contractual relationship.