As Russia has fully recovered from the aftermath of the 1998 crisis, a new wind of change is blowing over the planet's biggest country. Under President Putin and Prime Minister Kasyanov's leadership, the government is putting through reforms in every area of the economy. All sectors of the economy are being liberalised, the banking system is undergoing a thorough reform and the capitalisation of the Moscow Stock Market is increasing.
At the same time, Russia's entrepreneurs and businessmen are eager to modernize their companies to streamline their businesses and to make them more competitive on the global market.
Simultaneously, Russia is on the path of joining the world community after being recognised a market economy status by both the United States and the European Union. Furthermore, negotiations for Russia to join the World Trade Organisation are well under way.
In a country, in which many problems still slow down daily business, these many changes improve the investment climate considerably and open up many investment possibilities. Winne - Red Herring spoke with the following personalities from the government and the private sector to outline these investment opportunities.
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H.E. Mikhail Kasyanov, Prime Minister of Russia
| Mr. Alexander Yu. Rumyantsev, Minister for Atomic Energy
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Mr. Sergey Nedoroslev, President of Kaskol
| Mr. Vladimir Potanin, President of the "Interros" Holding Company |
Mr. Charles Ryan, Chairman of UFG
| Mr. Kozlov, First Deputy Chairman of the Central Bank (Bank of Russia) |
Mr. Leonid Reiman, Minister for Communications and Informatization
| Mr. Mikhail Khodorkovsky, YUKOS Oil Company CEO |
Mr. Jo Lunder CEO
of VimpelCom /Beeline
| Mr. Mikhail Valentinovich Vanin, Chairman of the State Customs |
Mr. Zelenin President of the Russian Managers Association
| Mr. Andrei I. Kazmin, Chairman of the Board & CEO of Sberbank |
Dr. Nenad Popovic
President and Chariman of the Board Directors RUSEL
| Mr. Ruben Amaryan , General Director of Center Telecom |