Doing business in Russia:

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Presentation transcript:

Doing business in Russia: challenges and opportunities for entrepreneurs and investors in Russia Oxana Y. Romanchuk, OPORA RUSSIA

New opportunities: for domestic companies Executive Order On National Goals and Strategic Objectives of the Russian Federation through to 2024 Concessional lending programmes: 6,5% loans to priority SMEs Simplifying business procedures 5 billion rubles for SME support in 85 regions in 2018 Expanding SME’s access to government procurement: 15% of purchasing Free niches due to сounter-sanctions State programs of export-oriented companies and social lift for innovative entrepreneurs

For international companies: governmental portal «Made of Russia» - database of Russian manufactures, selected for international export support positive influence of sanctions: weak rubles makes Russian goods and services more competitive, land - cheaper premium service: foreign investor is the best gift which each region of Russia can ever receive.

Russian regional investment climate index - key KPI for local governments -Regulatory environment -Institutions and available services for entrepreneurs -Infrastructure and resources - incubators, industrial parks, etc - Government support programmes and their efficiency

Tyumen region - №1 in investment climate index the largest producer of oil and natural gas *Official cover from the regional investment portal of Tyumen

Buryatia region (+37 positions in Invest climate Index) 2013 km to the border of China Developed timber industry - forest consists 84% of the total land area. The world's largest LakeBaikal - center of tourist attraction Rich mineral resources - aggregate value of proven reserves at $200 billion. On-line platform - for selling of tusks Of Mammoth.

Yes, it is! When it comes to Altai! Is it true? Yes, it is! When it comes to Altai!

Altai region (50th position in Invest Climate Index) 250 tonnes of ice-cream sold to China The largest producer of environmentally friendly foods in Russia. 1st in Russia in the sown area of grain.

Regards from Vladivostok, Russia «Russia offers profits, which shouldn't be missed» John Bonar Founder and CEO at YES-TO-BUSINESS LTD; Chief Investment Advisor Relex Crypto Blockchain