NCC APR is pleased to present the outcomes of the survey by the Japan External Trade Organization (JETRO) on doing business in Russia

According to the survey outcomes, 51.8% firms chose “expansion” for their direction of business development over the next one to two years (up by 7.2 points from the previous survey (44.6%)). The percentage of firms that chose “remain the same” was 47.0%, down by three points from the previous survey. Although the business outlook did not greatly improve, these results show signs of a bright future. On the whole, many firms have a positive outlook on business development in Russia.
Regarding future personnel plans, about 40% of respondents are planning to increase the number of local employees, while more than half chose “remain the same.” On the other hand, nearly 90% chose “remain the same” in terms of the number of Japanese expatriates, and only 2.4% chose “increase.” This shows a relative tendency to increase the number of local employees.
Presentation with JETRO survey outcomes (in English)