Purchase of technological equipment in food industry is very important for company competitiveness. Tracking the technological innovations and investing in a sophisticated equipment isn’t helping only to the company competitiveness but is also enabling it to keep up trends and to be a leader in offering better and more quality solutions for increasingly demanding consumer habits. Investing in new technological equipment also enables cost rationalization as well as increase in capacity and productivity. Considering uniqueness and high technological level of equipment in the food industry domestic companies are largely forced to acquire equipment from abroad. There is a whole host of risks in the form of business practices, laws, language and other difficulties connected to the international equipment procurement. The main objective of this paper is the importance of foreign procurement of technological equipment and how to minimize the risks of international business. This topic has been addressed through chapters of defining procurement and applying it when buying equipment, the existence and definition of risk in international trade, key segments of the purchase contract and payment in international business.