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Central and Eastern Europe have attracted strategic initiatives for many years. Its geographical location between Western Europe and Asia, its various political systems and aspects, as well as its intellectual richness give a strategic meaning to this part of the world.

Russia

Market information
 

  • Russia has been Member of the World Trade Organization since 2012.
  • In 2009, Russia had a record recession since the collapse of the Soviet bloc (-7.9%).
  • Russia is one of the world's 10 largest exporters and is in the top 20 importers.
  • Russia is rich in natural resources. It is the first producer of natural gas and the second largest oil producer in the world, but also one of the leading manufacturers and exporters of diamonds, nickel and platinum.
  • Despite its size, Russia has relatively little land suitable for cultivation due to adverse weather conditions. It has, however, 10% of the world's farmland.
  • The most developed sectors are chemicals, metallurgy, engineering and defence industry.

 

In 2014, France was the third European supplier of Russia (after Germany and Italy), with 3.76% market share. French exports have increased more than four in thirteen years (1.8 billion Euros in 2000, 7.7 billion Euros in 2013). The French offer is focused on the areas of mechanical, electronic and computer equipment (25.5% of French exports in 2014), transport (23.1%) and chemical products, perfumes and cosmetics (17.8 %).

 

Strengths

  • Abundant natural resources (oil, gas, metals ...)
  • A skilled workforce
  • A low public debt and foreign exchange reserves comfortable
  • A strong regional power and energy
 

Weaknesses

  • Strong dependence on oil prices
  • A lack of industrial competitiveness
  • The external debt of the private sector and fragile private banking
  • A weak infrastructure
  • Persistent shortcomings in the business environment

 

  FACT SHEET
Capital
Moscow
Surface area
17 075 400 km²
Population
143.7 million inhabitants
Currency
Russian Ruble (RUB)
GDP Growth
0.6 % in 2014
Per capita GDP
14 316 USD
Corporate taxes
20 %
Social security contributions
Between 20 and 30 % of gross salary
Working week
40 hours / week
Paid leave
Between 28 and 40 days / year
Country COFACE notation
C
Business environment
C
French subsidiaries
1 200