Friday, August 17, 2012

Existing foreign companies keen to expand in Russia



Published on Aug 17, 2012 by
A new study published by Ernst and Young claims that foreign businesses currently operating in Russia plan to increase operations by 64 percent.

But new investment is a tougher sell with 86 percent of those surveyed claiming an unwillingness to invest in the Russian economy.

Prime Time's Lindsay France caught up with one of Ernst and Young's experts to get the read on why this is happening.

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