The Association of European Businesses Assessed the State of the Russian Market
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Empresas europeas cuestionan las sanciones de EEUU contra el gasoducto Nord Stream 2
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European Firms Most Optimistic on Russia Since 2012
But concerns about tough regulation also surge to a record high. May 28, 2021 Some 75% of European firms operating in Russia say Western sanctions negatively hit their business. Vladislav Shatilo / RBC / TASS
European companies in Russia are more optimistic about their business prospects than at any point since 2012, according to an Association of European Businesses (AEB) survey.
International firms reported a much stronger-than-expected start to the year for their Russian operations, helped by the Kremlin’s decision not to impose a second lockdown but instead prioritize the economy.
The Russian economy recently reported its first period of growth since the start of the pandemic, and the Central Bank expects GDP will hit its pre-coronavirus levels before the end of the year.