moscow city
While only a stone’s throw from the Western and Central Europe, Russia completely different atmosphere and exotic compared. From beautiful parks and museums, to stunning cathedrals and monuments, interesting memories to the Soviet-era, there was not enough as Russia’s exposure to property elsewhere in the world.
moscow city
Russian business environment as different, demanding a level of experience and understanding that can not be found among Western companies looking for expansion of Eastern Europe. Fortunately, a large benefit from the experience: the Russian economy is fertile and fast-growing international business developer offering the prospect of big gains in sales and profitability are prevalent in all but a few other countries in the world today.
moscow city
Here are some facts and figures that support this claim:
moscow city
· Russia has adapted quickly from the world’s largest economy is centrally planned to a market economy. In 2007, Russia’s Gross Domestic Product (GDP) grew by 8.1% to $ 1.34 trillion. The growth rate is one of the top three fastest in the world along with China and India.2 Although the 2008 Russian economic growth slowed to 5.6% 3 due to the global financial crisis, but there is great potential in the Russian market.
• Half of Americans surveyed companies reported increased sales by 200% in Russia from 2001 to 2005.1
· 97% of U.S. companies in Russia project continued growth in sales over the next three years. 1
moscow city
· During the first 11 months of 2007, U.S. exports to Russia increased 55% from 2006, to $ 8,300,000,000. The explosion of trade provides an excellent market opportunities for U.S. firms.
• In 2007, Russian spending grew to staggering $ 271 billion. The federal budget also shows a healthy surplus, which is estimated to reach $ 72.7 billion or 5.9% of Russian GDP. This is due most powerful Russian financial status.2
· Russia in the final stages to become a member of the World Trade Organization (WTO). With the accession, the sale of foreign products in Russia is expected to boom even further. Early market penetrators will be at a significant profit once this happens.
moscow city
· As a sign of expanding its influence, Russia has been a member of the Group of Eight (G8) along with Canada, France, Germany, Italy, Japan, Britain and the United States.
° The International Olympic Committee has designated Sochi, Russia, as the city hosts the Winter Olympics 2014. This is not only a recognition of Russia’s sporting achievements, but also the importance of developing in the global market.
moscow city
moscow city
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