Support The Moscow Times!

Lenovo Business up 97%

China's high-tech manufacturer Lenovo plans to sell 24.6 million of its products in Russia and other CIS countries in 2014 for $14 billion, Lenovo's senior vice president and president for the EMEA region, Gianfranco Lanci, said.

The company's business in Russia grew by 96.7 percent in the last financial year, he added. Lenovo intends to invest in its Russian business, including in personnel and marketing, Lanci said. Lenovo vice president for Russia, the CIS and Eastern Europe, Gleb Mishin, said he was not an advocate of expanding staff. "Therefore, we will put efficiency first and hire new employees only as needed," he said.


Related articles:

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.