Ernst and Young’s, Russia’s Attractiveness Profile is a must read document for those planning to invest in Russia. The study, compiled with the support of over 200 executives from European, North American and Asian companies measures Russia’s attractiveness to future investment.
The tax and investment specialists said, “increasing investor interest in Russia comes from the significant economic growth potential it can offer…” In 2010, Russia, one quarter of the BRIC (Brazil, Russia, India and China) group, generated US$37 billion of foreign direct investment.
The report, which presents an analysis of the Russian economy and its capacity to develop, particularly mentions its domestic market as one of the primary reason for optimism. A number of others factors are also highly rated.
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