Date: 5 days ago   Category: Society

Sanctions? The German companies invested the sum, record for 10 years, in Russia


The western sanctions did not prevent the German companies to invest in the Russian economy the sum, record since 2008, - more than €3 billion. RBC with reference to data of the Russian-German foreign trade chamber and statistics of Bundesbank reports about it.

"Along with such large-scale projects as "Nord Stream-2", possibilities of the Russian market starts for itself the German small and medium business", - are quoted in the message of a word of the chairman of the board of chamber Matthias Schepp. According to him, the interest of the German businessmen in business in Russia is noticeable also by growth of number of members of chamber (10% in two years, more than 900 companies now).

provided Attractiveness of investments in economy of Russia including weakening of ruble exchange rate after 2014, it is noted in the message. Bundesbank also corrected from €1.6 billion to €2.8 billion assessment of direct German investments to Russia in 2017.

Is reported that among large projects which played a crucial role in growth of volume of the German investments, - the Nord Stream-2 gas pipeline which will pass on a bottom of the Baltic Sea from Russia to Germany, and expansion of production capacities of the Volkswagen company in Kaluga and Nizhny Novgorod.

the Volume of investment into "Nord Stream-2" which is under construction consortium led by affiliated structure of Gazprom is estimated at €9 billion. From Germany two large companies - Wintershall and Uniper which allocated €950 million for these purposes take part in its construction, the Russian-German foreign trade chamber notes.

the Volume of investment of Volkswagen into Russia since 2014 reaches €? 0.5 billion. Means went for expansion of production capacities of the automobile company in Kaluga and Nizhny Novgorod, - it is said in the statement.

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