|
Russian Federation economy and business are facing the boom period and are about to gain more momentum in the coming years. As per the estimates in the year 2007, the current financial year GDP would be around US $733 billion. As per the estimates, the GDP growth rate would remain above 5% till the year 2012.
The credit for such huge development and growth in the economy of Russian Federation goes to the private sector. Huge investments in this sector along with the manufacturing and retail trading sectors and construction industry are going to outcast all other key players of Russian economy through their outstanding performance.
Other participants of Russian Federation economy and business sector are industrial productions, import and export business, agriculture and many others. The main centers of business at Russian Federation are Nizhny Novgorod, Moscow, Vladivostok, St Petersburg and Novosibirsk.
Other than large deposits of oil and gas, this European nation has huge deposits of various minerals including coal, gold, manganese, diamonds, phosphates, nickel and iron. The export business of Russia relies on petrol and other petroleum products, wood and other wooden products, natural gas, manufactured goods and chemicals.
Presently thousands of private companies are carrying out their business in Russian Federation and adding revenue to the Russian economy.
For further details on Russian Federation Economy and Business, click on the links given below:
Russian Federation Economy and Business |
|
|
|
|
