Doing Business in RussiaBusiness in Russia after the financial crisis |
The global economic crisis had a significant impact in Russia. With stock market investor confidence already hit by the war in Georgia, falling commodity prices and Russia’s structural economic weaknesses soon underpinned a more profound drop in the stock market, the ruble and industrial production.
What does this mean for Russia in 2009? Clearly Russia must compete with other emerging markets to attract foreign investors, and the relatively low level of investment in infrastructure, the slow process of removing barriers to doing business and continuing concerns over the rule of law, remain issues for new investors. There are encouraging signs already that the global crisis will provoke faster action on these types of issues.
Nevertheless, opportunities abound, and some are unique in scale to Russia. Many businesses are heavily indebted with foreign currency obligations; “distressed” assets and even entire business empires can be targeted. Growing consumer price and quality sensitivities have increased the demand for “value” concepts and brands. The Government is providing funds for significant infrastructure investment and there is a new resolve to diversify the economy – which will inevitably involve foreign know-how and equipment.
The Deloitte Study "Doing Business in Russia" gives an overview of the specific issues expected to influence the investment climate in Russia such as:
- Taxation
- Strategic industries
- Finance and investment
- Legal framework
- Expatriate Staff
- WTO
Letzte Aktualisierung / Seite zuletzt aktualisiert
Doing Business in Russia