1. RUSSIA
Olga Nosenko
Umar Autarkhanov
Svyatoslav Legkodukh

2. RUSSIA IN THE BIGGEST
COUNTRY IN THE WORLD

3. Murmansk
Population: 300 000
Language spoken: Russian
Distinctive features: northern lights, polar day/night, the northest
McDonalds
Saint-Petersburg
Population: 5 000 000
Language spoken: Russian
Distinctive features: “cultural capital”, white nights, the biggest port in
Russia
Grozny
Population: 270 000
Language spoken: Russian, Chechen
Distinctive features: Muslim republic, the largest mosque in Russia

4. FACTS AND FIGURES
Was founded in 988
Population – 142 million
Capital – Moscow
Official language – Russian
Time zones – 9
Ethnic groups – 6
Religion – Christianity (orthodox)
Area – 17 000 000 km2
Average Salary – 450 EUR
Life expectancy – 67 years
GDP – $1,48 trillion

5. ECONOMY
Export
• oil
• gas
• timber

6. ECONOMY
Production
• Shipbuilding
• Automotive industry
• Agricultural industry
• Software
• Military
• Geothermal industry
• Aerospace industry
• Optical mechanical industry
• Oil refining
• Nano-technology
• Pharmaceutical

7. FACTS ABOUT
BUSINESS IN RUSSIA

8. DOING BUSINESS IN RUSSIA
• Russian citizenship
• Local language is mandatory
• Understanding the locals
• Connections are important

9. CORRUPTION
http://www.transparency.org/country#RUS
Denmark

10. TAXES
• VAT 18%
• Fixed personal income tax – 13%
• Payroll taxes – 36% of the monthly income of employee
• Accountant is needed

11. EMPLOYEES
• High standards of education
• Working mentality
• Punctuality issues

12. SELECTIVE CONSUMERS
• especially in Moscow and in Saint Petersburg

13. HIGH COMPETITION
• Restaurant and café business
• Service business
• Clothing brands

14. THANK YOU FOR
YOUR ATTENTION!

15. Svyatoslav Legkodukh
+45 50 33 84 30
legkodukh@me.com
Olga Nosenko
+45 50 33 83 37
oljanosenko@gmail.com
Umar Autarkhanov
+45 50 33 86 19
umarautarhanov@gmail.com