new project titled Capital Ideas is a regular informational-analytical radio
program in English that was launched in October of this year.
Capital Ideas is a unique business magazine about Moscow in English (http://www.capitalideas.moscow/). It is published with the support of the Department of External Economical and International relations of the Moscow Government. Its audience consists of foreign businessmen, investors and expats working and living in the city.
The Capital Ideas radio program, based on the magazine, helps listeners to navigate in the vast flow of information related to business and investment in the Russian capital. All of the topics on the radio programs are commented on by the heads of Moscow government departments, by CEOs of major foreign companies, ambassadors accredited in Moscow, by prominent Russian and Western political figures, by scientists and businessmen.
Let us tell you more about the topics of the issues of the radio program:
Russia and Hungary - the main aspects of cooperation
Janos Balla, Ambassador Extraordinary and Plenipotentiary of Hungary to Russia: “Hungarian entrepreneurs have always had a strong presence in Moscow and they didn’t go anywhere. Hungarian business has always been present in Moscow in the form of small and medium-size companies. Today, these companies continue to operate on the Russian market, working just as diligently as before in spite of the sanctions and the economic crisis. You can still find Hungarian products on the shelves at the store.”
Moscow's trade and service sector's development trends
Alexey NEMERYUK, Head of the Moscow Department of Trade and Services:
“In terms of foreign supermarket chains on the Moscow market, their share is not very high. It amounts to about 4.5%.The share of foreign chains outside of the food sector is significantly higher, about 47%.
It’s worth pointing out that these are primarily major players that focus on construction materials, household appliances and electronics, home and interior design products, as well as clothing and footwear from international brands.”
The investment climate in Russia today
Jean-François Marquaire, the head of the Russian branch of the international law alliance: “The investment climate in Russia today is more stable and calm than it was two or three years ago…If you look at real estate prices, now is the right time to buy new shops and warehouses.”
Japanese quality with a Russian soul - Japanese companies operating in Russia
Jun Kimura, Finance & Administration Director of a Japanese truck company: “It has to do with two key principles - excellent service quality for their clients and a wide range of products. Of course the Russian market has its own features. To put it mildly, Russia is a fairly difficult country. But it is important to look at the local market from a long-term perspective.”
For more detailed information on the topics covered, read the magazine ‘Capital Ideas’.