are gradually returning to the Russian market. Competition is intensifying. Consumers are becoming more literate and demanding. But Western manufacturers and retailers are not used to working in conditions of nominal market growth of 30% per year. They are too slow in making decisions in their headquarters, located thousands of kilometers away from the scene. This makes life relatively comfortable for Russian business. True, Russian bureaucracy and corruption are gradually increasing and putting more and more pressure on business.
The new crisis, which has been expected for so long, as usual, takes hungary cell phone number list almost everyone by surprise. GDP is shrinking in 2009 by 8%, industrial production - by 12%. But employment is falling by less than 4%, and the average salary in rubles continues to grow. The idea of these one and a half years is to reduce costs, increase efficiency, moderate price growth, "anti-crisis" offers for the frightened and money-counting consumer. Natural and value volumes of consumption of durable goods are decreasing by 20-30-50%. Food products and everyday goods are growing by 15-25% in rubles.
Transnational corporations are starting to buy up the most successful and interesting Russian companies in the consumer market.
Since the end of 2009 – beginning of 2010, growth has been recovering in most consumer markets. In those markets that fell particularly sharply (cars, mobile phones), it is quite rapid – at a rate of 20-30% per year. Markets that did not fall or did not shrink as significantly (food, perfumes) are growing nominally by 10-15% per year. By the end of 2011, the growth rates of most consumer markets slow down significantly. Administrative and tax pressure on business is increasing.
Large international companies
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