Business in russia
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What You Should Know About Russian Market? Viacheslav Makovich, [email protected] , +7(911) 932-7890
Transcript of Business in russia
The ScheduleThe Schedule1. Let’s meet2. Current market situation and trends3. Particularities of doing business in
Russia4. Your cases
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Let’s meet!Let’s meet!Viacheslav Makovich: •Education in European School of Business in Germany•More than 7 years of experience in support of foreign companies (mostly SMEs) in development on Russian market•Competence and contacts on different industries, including mechanical engineering, corporate software, retail, vending, energy efficiency, food, consulting services etc. 3
Let’s meet!Let’s meet!Projects
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Let’s meet!Let’s meet!What’s your name?What’s your business?What’s your goal of being here?
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Market situationMarket situation
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Market situationMarket situation
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Market situationMarket situation
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Prices goes upSalaries stays on the same levelSearch for more efficient deals
Market situationMarket situation
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Industries overview:• Retail • Industry• Automotive• Construction• IT• Government sector• Your industry
Market situationMarket situation
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Market situationMarket situation
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ParticularitiesParticularities
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•Importance of relationships•Bad cross cultural communications
ParticularitiesParticularities
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•Generally high level of education•Small salaries compared to EU•No real “middle class”•Big number of billionaires
ParticularitiesParticularities
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ParticularitiesParticularities
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•Centralization (Moscow & St Petersburg form 40% of economy)•Long distance
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•Lack of financial resources•Big “government” investments
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•Political stability•Political instability
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•Good image of foreign brands•National pride
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•Low taxes•Customer duties and sanctions
PracticePractice
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Now it’s time for your cases:•Name•Product•Current situation•Goals in Russia
