Welcome to the country of endless opportunities.
Russia is a huge market, an economy with diverse industries, high-tech production, modern infrastructure, abundant natural resources, and a variety of business incentives provided by the state. Recent measures taken to reduce administrative burden on investors and entrepreneurs have already helped create a favorable business environment in Russia. And the process of regulatory reform is still unfolding — both on federal level and in each particular region.
Do not hesitate to discover Russia. The perfect time to invest here is now.
A country for business
Four years ago the World Bank placed Russia on the 120th position in the Doing Business ranking. Today Russia is number 51, but in certain categories has made it to the top-10. This means that starting a business, getting credit, paying taxes, and essentially doing business in Russia gets easier every year.
worth production facility is opened in Russia.1
A country for innovations
Russia has the world’s highest share of employees with tertiary education3. It was ranked 14th in Bloomberg's 2015 index of the world's 50 most innovative countries, ahead of Switzerland, Austria, China, and the Netherlands. The government channels vast investments into science. Companies deploy an ever increasing amount of latest high-tech equipment units, and by the number of employees in science-driven industries Russia makes it to the world’s top-204.
World’s number 9 by a total of patent
applications filed with the local
patent office (by $1 bn GDP (PPP))6
World’s number 2 by the share
of women with academic degrees
in the workforce (aged over 25)6
World’s number 13 by the share
of university graduates working
in the spheres of science,
engineering and construction
(in the total number of graduates)7
30% of scientific workers have doctoral academic degrees8
innovations since 2010 (mln RUB)9
a network of modern tech parks:
400 thousand m2
RUB 40 bn
in revenue in 2014
A country for trade
There are 17.7 mln m2 of shopping centers in Russia – more than in any other European country10. Russia’s e-commerce market is also the biggest in Europe. It is currently dominated by Chinese companies.
Number of Internet
users in Russia: 80 mln11
E-commerce market size:
RUB 560 bn.11
Average market growth rate: 30% PA11
Russia’s Internet audience is already the largest in Europe, and broadband penetration rate is still growing in the regions. Moreover, 99% of the Russians have mobile devices, which means that a revolution in e-commerce is in the making.
Otto Group Russia
placed by the Russians in the Chinese online stores
representing 10% of its audience
cards is on the rise. In the meantime, the expedited shipping market shows