Comment: Is Russia resurgent?
By: Dean Best | 18 October 2010
Russia, the world's 12th largest economy was hit hard by the global downturn. The drop in global manufacturing demand hit resource-rich Russia hard, which saw its GDP slump by 7.9% during 2009 in what was the country's worst recession in a decade.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Russia, the world's 12th largest economy was hit hard by the global downturn. The drop in global manufacturing demand hit resource-rich Russia hard, which saw its GDP slump by 7.9% during 2009 in what was the country's worst recession in a decade.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
RUSSIA: Lenta recieves interest from former X5 CEO
A representative of one of the shareholders in Russian grocery retailer Lenta has confirmed that it has had discussions to sell its stake in the chain to former X5 Retail Group CEO Lev Khasis.
RUSSIA: X5 profit up 64% for 2010
X5 Retail Group said today that it "met its 2010 growth outlook" for 2010 as it recorded a 64% increase in net profit for the year.
RUSSIA: Magnit Q1 sales up
Russian grocer Magnit saw sales rise during its first quarter, with its hypermarket format reporting the strongest gains.
Market research related to this article
Retailing - Russia
Retailers became less optimistic as they witnessed the worsening scenario of Russian economic recovery at the end of the review period. Despite government optimism, business expect a longer recovery period compared with previous forecasts. The necess...
Food Retail in Russia
Datamonitor's Food Retail in Russia industry profile is an essential resource for top-level data and analysis covering the Food Retail industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trends a...
Retailing in Russia
After years of buoyant growth Russia's retail prospects have worsened as deteriorating macroeconomic conditions and a recessionary environment feed through to weaker demand and declining retail sales. Despite this many retailers and suppliers are con...
