- «Russia will be our biggest market in Europe in 10 years»
- Peter Brabeck, CEO Nestle, speaking in November 2002
- FMCG sales growth in 2002–2003 was 30-50%
- Outlook for 2004 will be 25-30%
- Food & Beverages sales growth in 2002 - 2003 was 20-30%
- Sales growth outlook in 2004 will be 20-23%
- Pharma sales growth in 2001- 2002 was 40-60%
- For specific industry reasons (VAT, registration, etc.) declined in 2002–2003
- Growth in 2003–2004 at 15-25
- Manufacturing, Industry and Chemicals in 2002 - 2003 was 30-35%
- Sales outlook in 2004 will be 28-30%
- Logistics has been experiencing 20-25% growth for several years
- Only a marginal slow down anticipated over the next decade.
- Sustainable growth rate 15-20% per annum in many corporate 5 year plans.
- Most companies realize that 30–50% organic growth rate not sustainable
- Most companies feel they will be at 15–20% growth figure quicker than planned
Resources
www.bisnis.doc.gov
BISNIS provides U.S. companies with the latest market and sector reports, export and investment leads, and strategies for doing business in the NIS.
http://www.users.globalnet.co.uk/%7Echegeo/
Russian Import-Export site — a forum for foreigners and Russians to find trade partners.
http://russia.privatizationlink.com/english/index.cfm
PrivatizationLink Russia features privatization-related investment opportunities in Russia, and information on the legal and market environment. The initiative is sponsored by the Multilateral Investment Guarantee Agency and the Canadian International Development Agency, and supported by the World Bank.
