Culture eGuide | Russia


FREE eGuide: Social and Business Culture in RUSSIA

Russia’s Diverse and Multilingual Business Culture

The Russian Federation is the largest country in the world with a total area of 17,075,400 square kilometres that borders Norway, Finland, Estonia, Latvia, Lithuania and Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea. Since the turn of the 21st century, the world’s 10th largest economy has enjoyed higher domestic consumption partly due to increased political stability and its citizens benefitting from a higher standard of living due to increased purchasing power parity (6th in the world). After reaching an all-time high of $1.66 trillion, GDP dipped slightly due to the global recession, rebounding nicely to $1.47 trillion. (2010)

Russia consists of a culturally diverse population with 160 ethnic groups speaking approximately 100 languages. Although, younger entrepreneurs in large urban centers such as Moscow speak English, interpretation services are essential when dealing with business people in smaller provincial centers as most have little or no foreign language skills. This becomes even more relevant when you consider the added emphasis placed upon spoken rather than written communication. Russians believe more in what has been discussed in-person, making face-to-face meetings a very important element of building business relationships.

Our Social and Business Culture Guide Russia will help you get up to speed as quickly as possible. Take advantage of this no obligation offer to learn about the tenth largest economy in the world.

In our guide you will learn the soft skills that will increase your chances of success including:

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Influencing your success through business etiquette Russia

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Building winning business relationships

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The role of the social environment

Other interesting information in our Social and Business Culture Guide includes:

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Opportunities for business growth

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Sectors of interest for foreign investment

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Learning from other business success stories in Russia

Up until 2009, Russia experienced uninterrupted economic growth led by its sizable oil, natural gas, metals and a timber exports abroad. In our Social Business and Culture Guide Russia you’ll learn about other emerging market sectors as the Russian economy becomes more diversified.

The world is changing and economic growth is shifting to the BRIC (Brazil, Russia, India and China) countries.

Find out about the numerous business opportunities in Russia!