Investment

1

Investment opportunities in Russia
Report of Trade Representative of the Russian
Federation in Finland Dr. Valery
Shlyamin 30.01.2009 Helsinki

2
Main economic indicators of Russian economy
(rate of growth, )
estimate Source Ministry for Economic
Development of the Russian Federation, Ministry
of Finance of the Russian Federation
3
Russia as investment opportunity
2000 year State GDP - 260
bln. Consolidated budget - 40 bln. State Debt
over 50 of GDP and over 120 of Federal
Budget Gold and currency reserves - 27,7
bln. Short-terms goals logic Lack of PPPs
legal base and practice Macroeconomic
instability
2008 year State GDP - 1729
bln. Consolidated budget - 559 bIn. State Debt
less than 10 of GDP and less than 28 of
the Federal Budget Gold and currency reserves
438,2 bln. Long-term strategic planning on
federal and regional levels New legal base and
practice for PPP Macroeconomic Stability
Source Ministry for Economic Development of the
Russian Federation, Ministry of Finance of the
Russian Federation
4
Result - macroeconomic stability.
Federal Budget Profitability in 2008 6,5 of
GDP Stabilization Fund by 1st of January 2009
225,1 bln. Gold Reserves as of December 2008
438,2 bln.
Source Ministry for Economic Development of the
Russian Federation, Ministry of Finance of the
Russian Federation

5
Modern establishment of legal base and
authorities for market regulation,
de-bureaucratization of economy and competition
development
Tax Code, Customs Code Legislation on licensing
and valuation activity Legislation on natural
Resources Entrails, Water, Forest, Land
Legislation on bankruptcy, currency control,
new edition of the law on joint-stock
companies Law on state purchases Law on
competition protection Law on autonomic
organizations

6
Finish investments to the Russian economy From
2002 to the 2008 year (mln.dollars)
Source Rosstat
7
Source Rosstat
8
The largest Finish investment project currently
realized in Russia

• Fortum investment project in the TGK-10
• (one of the local heat -and electricity company,
  Western Siberia)
• Total investments 2,5 mrld.euro

-Stockmann city-mall in Saint-Petersburg Total
investments 110 mln.euro
-Lemcon industry park in the city of Kaluga
(Center part of Russia) Total investments
600-700 mln.euro

• Evli Bank has created second equity fund for
  the investment
• to the Russian commercial property
• Total investments 700-900 mln.euro

Source companies annual reports, finnish
newspapers
9
Large Finnish investment project planned to be
realized
-joint project Borea of UPM-Kymmene and
Sveza (A.Mordashev, Severstal). Goal of the
project Pulp plant, OSB plant, sawmill Place
city Sheksna, Vologodskaja oblast Total amount of
investments 1,1 mrld.euro
-project Stora Enso in Nishnji Novgorod. Goal
of the project Pulp and paper plant. Total
amount of investments 1,1 mrld.euro
-project Ruukki Group in the North-West of
Russia Goal of the project modern sawmill Total
amount of investments 70 mln.euro
-project Finndomo industrial wood houses
production plant in the North-West of Russia
Source companies annual reports, finnish
newspapers
10
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