Russian Commercial Agent - Russia sales and marketing services
Foreign investment Under Privatization Programs in Azerbaijan. Under the Privatization Law, the following are considered to be foreign investors: • Foreign legal entities and their subsidiaries; • Azerbaijani legal entities in which participation of foreign investment exceeds 50% of the entity's charter capital; • Foreign nationals; and • Stateless persons. ...
Business climate and foreign direct investment in Azerbaijan. The Republic of Azerbaijan is the leading FDI (foreign direct investment) destination in the region. In the last decade the total FDI stock in Azerbaijan exceeded 25 bln USD. Azerbaijan has achieved gradual improvement in the overall legal framework for the investment activities in the country for last several years with a number of practical regulations liberalizing conduct of business and reducing red tape obstacles. It carried out a revolutionary legal reform several years ago with adoption of new Tax code, Civil and Civil Procedure Codes, Land Code, Labor Code, Customs Code, Foreign Exchange Law as well as Law on International Arbitration made the system a way more transparent and friendly for local and foreign businesses. ...
Azerbaijan is the fastest growing economy globally. Azerbaijan achieved stable and rapid growth for 10 consecutive years starting from 1995.
Now the country is one of the most rapidly recovering economies in the world. The GDP annual surplus in 2004 was 10.2%. A record growth for the year 2005 is estimated at 26.4% (highest growth indicator globally for the year). It is highly probable that the country will be the global leader in economic growth in the year 2006 too. Nominal wages grew by 21.9% in the year 2005. Almost all other major economic indicators point out a similar growth pattern. ...
The new procedure of registration the medicinal products in Azerbaijan. Medicine counterfeiting is a worrying problem that spreads across most countries. In Azerbaïdjan, customers don’t have confidence in the governmental authorities. Indeed, the pharmaceutical market has just begun its development in a country where no law applies the founded standards and rules. The Ministry of Health of Azerbaijan, which enables the drugs registration, has decided to take things in hands and fired government officials. ...
Russian culture: Friends And Friendship. Friendship is unquestionably something revered by Russian culture in general, while also being an important component of many people’s daily lives. What does friendship mean? What is this bond between people?
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What Inhibits Small Business in Russia? Why do so few people become small businessmen? What troubles does small business face in Russia?
According to 28% of respondents, the first problem is the lack of start-up capital, and another 2% spoke about difficulties in obtaining credit: "there are no real interest-free loans"; "it is not easy to obtain credit and build yourself up".
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Russia : living standards and inflation. Today, more than one-third of Russians (38%) think that their living standards have dropped lately (half of the respondents over 55); while 45% of those surveyed do not note any changes in their financial position, and only 15% note improvements (young people and Muscovites were most likely to do so).
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Big Business in Russia. Almost half of Russians (49%) think there currently are favorable conditions for the development of big business in Russia. Still, 19% are of the opposite opinion, with 32% having difficulty opining on this issue. It is worth noting that since 2000, when this question was first discussed, (since that time, it has been asked periodically) the share of those who hold the first opinion has gradually increased by a total of 18 percentage points, while the number of those believing Russia’s environment to be inhospitable to big business has decreased by 13%. ...
TV Advertising (Commercials) in Russia. Russians dislike the content and format of today’s TV commercials. About two-thirds of Russian TV viewers (questions were asked of those saying they have a TV set, or 99%) react negatively to commercials appearing on their TV screen; 51% of respondents say they switch the channel or even turn off the TV (4%), while 7% watch the commercials with the sound turned off. A quarter of the respondents (25%) do other things during commercials. Only 11% of those surveyed say they actually watch TV commercials. Representatives of all age groups demonstrated the same general level of interest in TV commercials. ...
The Situation in Russia’s Regions. Today, more than half of Russians (58%) are dissatisfied with the situation in their respective regions, while only 30% report satisfaction. Compared with poll data received in June 2005, this ratio has improved, although not too much: the figures were 63% and 27% before. ...
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