Speculation has emerged that Wal-Mart is interested in entering the Russian market. The retailer is reported to be seeking to enter the Russian market through a joint-venture with a local partner, although no details have been released into where Wal-Mart will locate in Russia, or what company it will partner.
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Consumer electronics in Russia is expected to continue to grow throughout the forecast period, to reach US$4.7 billion in 2008, compared with US$2.9 billion in 2003. This amounts to a predicted value growth of 62.6% over the forecast period as a whole, and a CAGR of 10.2%. In volume terms, sales are expected to reach 23.8 million units in 2008, an increase of more than 48% over the forecast period as a whole. Sales of audio products will drive this growth as consumers opt to replace outdated technology, such as cassette decks. More»
The Russian high-performance computing market doubled in 2006. Market players say growth rates will be similar in the coming few years. The only distinguished Russian player on the market is the T-Platforms company. It intends to take the leading position on it, 40%-45%. The company managed to occupy 1/3 of the new Top50 CIS supercomputers rating and thus grade up to IBM. More»
A new hotline has been launched in Russia to shift to legal software use. The project’s aim is to consult Russian companies on questions concerning legal software use. Consulting the companies will be specialists from the country’s 15 towns.
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