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  Economics 
7 of September, 15:49

"Made in Russia" - something to be proud of
The Minister of economic development of Russia Maxim Oreshkin in an interview with the newspaper "Izvestia" on the question of the meaning of the word "made in Russia" said that the term is now filled with a different meaning.

His statements he was accompanied by an example, which said that as it is now running foreign business in Russia and how it worked a decade ago is a significant difference. Any global companies from Europe or Asia that have opened production in Russia 10 years ago, focused primarily on the Russian consumer. This affected the quality of the products is not in the best side, that is, these products could not enter the world market as it was uncompetitive.

Now, the processes of globalization, increase of culture of production in Russia, increased competition and saturation of the consumer market stimulated the manufacturers to produce such products, which can be implemented both on the Russian domestic market and global market. Thus Maxim Oreshkin explained why the expression "made in Russia" became more presentable , respected and recognized in the world.

sections: Economics

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22 of September, 10:29

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