I’m in the Rubles…
Russia has money….
Consider these facts that I gleaned from Business Week .
Percentage of homes that own …
2001 2005
Mobile Phones 6 50
Computer 5 20
Washing Machine 16 35
Stereo 15 31
Video Recorder 39 50
Car 25 31
Imported TV 58 71
Apartment or House 71 82
15 years ago, when I spent a semester teaching in Russi, I lost 25 lbs in 8 weeks because we couldn’t get three meals a day. I took ice showers because there was no heat….Russia has come a long long way.
They have money to spend. What kind of business in Russia are you planning to do?
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