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Moscow

Moscow is the capital city of Russia and also the most populous one (approximately 9% of Russian population lives in Moscow). It is situated on the banks of Moskva River and close to the confluence of rivers Volga and Oka.

Investing in the Samara region

Samara, formerly known as Kuybyshev, is one of the largest and most prominent regions in Russia. It is also referred as Region 63 and is situated in the south-eastern region of European Russia. Samara region is the administrative hub of the Samara Oblast and is one of the most stable leaders of the national economy.

Samara region is renowned across the world for its planes, cars, bearings, aluminium and cables. It is also the hub of the Russian space industry. Satellite launchers, unique aircraft engines and manual space crafts are produced in this region.

Investing in Chelyabinsk city

Chelyabinsk is the prominent cultural, scientific and industrial center of the Southern Urals.

Following are some prominent reasons for investing in the Chelyabinsk region:

Energy

Russia is a large country stretching across Asia and Europe. It possesses a phenomenal wealth in the form of natural resources, a large skilled workforce, technology and a mammoth population. All these is evident from the fact that the foreign investment in Russia will be a stupendous $60-$70 billion in the next two to three years, and that too alone through FDI.

Communication sector in Russia

Once declared as one of the world’s superpowers, Russia has ricocheted and has become one of the booming markets in the world and is become a cynosure for foreign investment. The major influx of foreign investment in Russia is in the services sector. This is evident from the fact that out of the total foreign investment made in Russia, as many as 57.85 of it are made in the services sector. One of the major chunks of this investment goes in the communication sector, which has loads of prospects to prosper with the growing technology.

Automotive Industry

In the past Global Industrial scenario, Russian automotive industry lagged way behind the automotive industry in several industrially advanced nations like U.S and Japan in terms of the number of units produced, quality production and customer service. However, today, the automotive industry in Russia paints a completely different picture. It is one of the largest industrial sectors in Russia and is one of the growing industries in the country. Today, Russia ranks as the 6th largest country in terms of sales volume of automobiles.

Agriculture Industry In Russia

The agriculture Industry in Russia suffered a major setback following the disintegration of the Soviet Union in 1991. However, over the years the scenario has changed drastically. The establishment of Separate Russian federation and the change in the legal environment has played a crucial role in resurrection of agricultural industry in Russia. Today, agriculture industry in Russia is growing at a fast pace.

Starting a business in Russia

Starting a business in Russia has been tarnished for a very long time by reports of corruption. However, people who overlooked these exaggerated stories have benefited from the surging Russian economy that is growing at an average rate of 6% since the last decade. The future prospects of Russian economy are still bright as forecasts have predicted a 1.7% to 1.8% growth in consumption annually.

 

As a foreigner who wants to start a business in Russia there are several options for you:

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