Since the beginning of 2022, Russian companies have opened more than 11 thousand representative offices in friendly countries, with the most popular countries for these purposes being Serbia, the United Arab Emirates, Kyrgyzstan and Armenia. This is reported by the Izvestia newspaper based on the calculations of the Finion company.

Russian companies opened 11 thousand branches in friendly countries in two years

9,000 branches were opened in Serbia, about 1,600 in the United Arab Emirates, 800 in Armenia and 450 in Kyrgyzstan.

“Russian companies in friendly countries are doing well, although difficulties periodically arise, mainly related to banking policies and mutual agreements,” the newspaper quotes Finion director Vyacheslav Kartamyshev.

According to the expert, the main sectors of the economy in which companies of the Russian Federation operate and open branches are the IT sector, logistics and the service sector.

Author:

Anastasia Marina

Source: RB

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