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Tebodin partnered with the Russian-German Chamber of Commerce to organize events promoting Russia. This resulted in two successful events which took place in November 2017.
Investment Forum Frankfurt
Participants of the Investment Forum discussed trends in industry and economics, and expansion of trade relations between the two countries. More than 130 German companies participated to learn more about the Russian market and ways to develop there. Matthias Schepp, Chairman of Russian-German Chamber of Commerce noted that the Russian economy has experienced a 20% growth in German companies since 2016. The main drivers of this investment growth are the low currency rate, high-qualified personnel and relatively cheap labor. As a result, Russia improved its position in the Doing Business ranking of the Worldbank, now taking the 35th place of 190 countries. Eduard Khakimov, Tebodin Director Business Development in Russia: ‘Certain markets are growing rapidly here, such as pharma, chemical and energy. We also see certain new developments in project execution that may help investors to give new projects in Russia the green light. The Forum was a good opportunity for us to show our track record and expertise to potential clients who are willing to invest and allocate production in Russia’.
The international InRussia B2B conference took place in Moscow. This annual event was set up to discuss international business development and cooperation between Russian and foreign companies. Organized by the Association of Industrial Parks of Russia and the Russian-German Chamber of Commerce, the event gathered more than 400 participants. The main topic of the conference was localization of production and industrial cooperation, with a special emphasis on Russia's export potential.
A number of speakers from German companies shared their long-term view on Russia: Siemens has been active in Russia for 165 years and plans further development. Bayer emphasized the growth in Research and Development activities on the Russian market with an aim to localize 30% of their R&D business here by 2020. Mitsubishi noted that Japan is among the leading investors in Russia and emphasized the importance of local production of automotive components, which requires the development of chemical and metallurgy industries.