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REPORT * Russia - Logistics market
10 reasons to invest in
London.UK -Transport Intelligence, by Raphael Chalogany -20 March 2009: -- The report is published at a critical time for the industry which, after a period of intense growth, has been severely affected by the global economic slowdown and credit crunch. This has meant that new transport infrastructure projects, sorely needed after years of underinvestment, are likely to be postponed or cancelled... According to the report’s author, Raphael Chalogany , even during the good times the Russian business environment is one of the most challenging in the world... "Inefficiency, bureaucracy and corruption are rife and security is still a major issue for logistics companies and shippers," commented Chalogany. "Systemic structural problems combine with the vast geography of the country to create truly unique supply chain challenges."... However, despite these problems, the Russian market continues to offer some of the best long term prospects in Europe for logistics and express companies. Chalogany identified ten key reasons why the market continues to attract foreign logistics and express companies: ... Chalogany concluded, "The Russian logistics industry will be one of the key growth markets over the next decade. Although many companies will be put off by the short term pain of falling air, sea and road freight volumes, the real winners will be those who commit to the market for the long term."
Labels: transport and logistics reports
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