Investors already present in Russia have confidence in the Russian market. Nearly 80% of these investors plan to increase or maintain their operations in the country. Strong increases in consumption, a robust labour market and an increase in investments were the most important drivers of growth for Russia’s economy in 2011 and 2012.
The USA is still Russia’s primary investor with 122
FDI projects between 2007 and 2011. European countries established 343 FDI
projects in Russia from 2007 to 2011. Germany was the second-largest investor
globally and the largest from Europe with 99 FDI projects, followed in third
place by the UK with 46 projects. Other leading investing countries from Europe
include France and Finland, with 45 and 43 projects, respectively.
Source: UNCTAD World Investment Report 2012 & Ernst & Young’s 2012 Russia Attractiveness Survey
We will send you articles keeping you up to date with the latest trends and developments in accounting, taxation or legal fields.