Russia

Poll of the week: do you welcome the strengthening of the ruble?Experts «BUSINESS Online” do not see in the appreciation of the domestic currency long-term trend and predict new “black Tuesday”

Maxim Kalashnikov — writer-futurist (Moscow):

” I looked like funneling foreign currency reserves, 5 billion a week. So not happy. I saw that when I dropped the oil, and the ruble was growing up, we were clearly in the flow of foreign exchange reserves. I believe this is incorrect. I believe that it was necessary to devalue the ruble to the desired level and to keep and not to engage in the consumption of foreign exchange reserves. There are ways to cut off from the exchange of currency speculators: if you buy a currency, then the present contract, under what you’re buying. There are examples of restraint of currency speculation banks, as did the crew. Then I would be happy. Then our more government, I’m referring to the Central Bank, used the productive issue, that is, not as they do now, financing the budget deficit, and the emission in the form of loans to the real sector for specific projects. Continue reading

Opening a Business in RussiaBusiness plans for Russia

Business plans in Russia are characterized by some uncertainty. This applies to both preliminary cost estimates, and time schedules. Unexpectedly large usually are staff costs and office rent. Conveniently located in the center of Moscow You have to pay 3-5 times more than in Munich, Hamburg, düsseldorf or Frankfurt. The salaries of qualified specialists in Russia sometimes higher than comparable professionals in Germany. The process of company registration usually lasts longer than planned.

Our company will help You to draw up business plans to work in Russia. In addition, we are ready to analyze already made up Your plan and determine how realistic it is. Continue reading