Russia is looking forward to welcoming you….

Since 1998 Russia has improved its international financial position, with its foreign debt declining from 90% of GDP to around 36%. Russia ended 200 with its seventh straight year of economic growth, averaging 6.4% annually. These achievements, along with a renewed government effort to advance structural reforms, have raised business and investor confidence in Russia's economic prospects.
Favourable terms such as low taxes on profits and incomes as well as the planned WTO accession in 2007/08 further improve conditions for foreign companies and investors.

THE GREATER MOSCOW AREA IS A KEY REGION
The lion’s share of Russian businesses as well as nearly 80% of capital flow concentrates on the greater Moscow area. Hence, it is not surprising that the region accounts for over 20% of Russia’s gross domestic product (GDP). The regional GDP growth rate of 20% was three times higher than the national average and the officially published unemployment rate in Moscow did not even hit one percent in 2005. Due to full employment and a per capita income of about USD 8,000 (250% higher than the average wage p.a.), Moscow’s citizens are a well-funded clientele.

FOCUS on MOSCOW
Moscow as the main industrial and commercial city in Russia is also one of the most important cities in Russia when identifying the centre for auto manufacturing. The automotive industry has always been regarded as a pillar industry in the greater Moscow area.