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Basic Information
Market Facts
Russia is worldwide one of the most attractive growth markets.
The outlook is great.
The necessary modernisation of this huge country will stimulate the demand espacially in the sectors Machinery and Equipment and technologies as well as high-quality consumer goods.
The prospects in this large and very dynamic market are also excellent
in the medium term.
For three years the growth rates of the GDP lay constantly beyond
the 6 percent mark. Until 2008 there is no substantial slow-down to be expected. The consumption is booming and investments soar by 10 percent p.a.
In 2006 the GDP has developed better (so far) than has been anticipated at the beginning of the year. The Ministry for Economic Development and Trade of the Russian Federation forecasts growth rates (GDP, real) of 6.5 in 2006 and 5.7 percent in 2007.
Russia’s exports developed even better. But to expand the supply of energy sources and raw materials Russia has first to transact capacious investments into its conveyance and transport capabilities.