Tebodin speaker on Investment Forum Frankfurt.

Participants of the 4th Russian-German Investment Forum in Frankfurt-am-Main on 16 November, - discussed trends in industry and economics, and expansion of trade relations between the two countries. Bilfinger Tebodin was one of the speakers of the event.
More than 130 German companies participated to learn more about the Russian market and ways to develop there. Matthias Schepp, Chairman of Russian-German Chamber of Commerce noted that the Russian economy has experienced a 20% growth in German companies since 2016. Germany now has the leading position in foreign investments in Russia, enlarging the countrys productive capacity by building new plants in the Russian Federation.
The main drivers of this investment growth are the low currency rate, high-qualified personnel and relatively cheap labor. The government stimulates foreign investors by giving active support, creating a comfortable business climate and raising "Made in Russia" standard to a higher level. As a result, Russia improved its position in the Doing Business ranking of the Worldbank, now taking the 35th place of 190 countries.
Considering the scale of industry and the large geographical spread, Russia is a difficult country in terms of marketing, so Tebodin is presenting its services proactively on high quality events. The Investment Forum is one of those events. Eduard Khakimov, Director business development, Bilfinger Tebodin: "Certain markets are growing rapidly here, such as pharma, chemical and energy. We also see certain new developments in project execution that may help investors to give new projects in Russia the green light. The Forum was a good opportunity to establish contacts with potential clients who are willing to invest and allocate production in Russia".