“It’s time to invest in Russia,” Director of the Association of European Businesses
Moscow, December 25 (PolitNavigator, Vasily Ablyazimov) – Now is the time for the most profitable investment in Russia, writes the Finnish-Russian portal Yle. The fall of the ruble against the dollar and euro increases the possible return on investment.
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Despite the Russian embargo, the Finnish concern Valio invested about 2014 billion rubles in the construction of a dairy plant in the Moscow region in 4 alone. Valio produces popular processed cheese, butter and other dairy products in Russia. The construction of the plant will double the concern's production in Russia. Such steps, along with a reduction in supplies of similar products from Europe, will allow the Finnish concern to take a leading position in its market segment.
The total volume of Valio products produced in the Russian Federation will more than double, and the production capacity of its own plant in Russia will reach 10 thousand tons by the end of this year.
“Investments have become cheaper,” reports Yle words of Director General of the Association of European Businesses (AEB) Frank Schauff. – Costs in euros are falling. Now is the time to invest in Russia, if you believe that in the future it will become a strategic market,” the expert is confident.
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