Russia Growth is expected for trade with Russia – Environmental measures are expected to increase bureaucracy

The korona, the ruble exchange rate and the political situation are still the biggest problems for the business. The labor shortage has become a bigger headache than before.

Majority Exports and business are expected to grow among companies trading in Russia, according to the Russia Trade Barometer. Growth is also seen in the service sector, which has suffered the most from the interest rate.

The korona, the ruble exchange rate and the political situation are still the biggest problems for the business. The labor shortage has become a bigger headache than before.

More than half of the companies believe that environmental measures will change the Russian market. Respondents anticipate more regulation and oversight coming.

“One of the concrete requirements in Russia from 2023 onwards is mandatory carbon reporting for companies. The metrics, regulation and especially the incentives are still undeveloped in the market, which increases the uncertainty of companies and makes it difficult to anticipate, ”says the CEO of the Finnish-Russian Chamber of Commerce. Jaana Rekolainen in the bulletin.

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