Picture: Ilya Krylov -Grafiker & Webdesigner
Despite Crimean crisis and reorganization of Ukraine, German companies are very interested in the Russian market!
Conversely, the country needs partner to modernize. The middle class is in demand.
In the field of industrial production, the Ministry of Economic Development of Russia forecasts for the years 2014 and 2015, a growth of 2 to 3%.
This means, that the structural reforms such as modernization, diversification and specialization of the economy that are demanded for years, must be implemented as quickly as possible.
Russia as a market and trading partner is of great importance. More and more German medium sized enterprises see Russia in international comparison as increasingly important. For the potential not only the trade exchange is one point, which has more than 80 billion euros again peaked last year, but also the many opportunities to participate in the planned Russian projects.
In the largest economies ranking Russia is according to the IMF place 9. In the first place are the USA with 15 653 billion US $, followed by China and Japan. Germany has $ 3366 billion. Brazil Rank 7, India ranks after Russia on 10th
In the ranking as an exporter Russia is, according to the WTO in 8th place with an export volume of 529 billion US $. China holds Place 1 with 2 trillion. US $ followed by the US with 1.5 billion and Germany with $ 1.4 billion.
In the ranking as an electric producer China has by far the largest production volume amounting to 1.302 billion euros, according to information provided by the ZVEI, followed by Japan, USA, South Korea and Germany. Russia is number 9 with 48 billion euros.
In the ranking as a logistics location Russia occupied after the Logistics Performance Index of the World Bank place 95th
Even though the country has the world's second largest rail network and the second longest waterways.
In comparison, China ranked on 26, Brazil is ranked 45 and India 46. Russia has become the fourth largest export market for the German machinery and equipment. 2012 machinery and equipment worth EUR 8.1 billion were delivered to Russia. Singapore holds 1st place, Germany is ranked fourth.