|By PR Newswire||
|April 2, 2014 05:59 PM EDT||
DUBLIN, April 2, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/qtqxz9/russian_oil_and) has announced the addition of the "Russian Oil & Gas: Industry Market Opportunities, Management System" report to their offering.
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As things stand today, Russia cannot be appraised as a comfortable place for doing business. Russia is only 92-nd on the World Bank's Doing Business ranking for 2013, up from 120th in 2011. It is open to guesses which place Russia is going to occupy after the dust of the Ukrainian events settles down Nevertheless, a whole group of international companies which are quite satisfied with how their business is going on the Russian market has formed over the last 10-15 years.
A good example is French Total which is feeling with great confidence in Russia. Total Executive Vice President Yves-Louis Darricarrere announced in September 2013 that his company set the target of making Russia No. 1 among countries where Total produces hydrocarbons by year 2020. Noteworthy, these positive developments are taking place despite the limitations imposed by the Russian authorities in 2008 on foreign involvement in Russia's oil and gas business.
And Total is not a sole example. Russia has become the principal source of hydrocarbons for German Wintershall for a long time to come. ExxonMobil, Shell, Eni, Siemens, General Electric and many other large Western companies have secured strong positions in this country. Their top managers have succeeded in building up confidential relations with those Russian state officials and top managers who are close to Vladimir Putin. Quite often they maintain personal contacts with the Russian president too.
Getting acquainted with the experience acquired by foreign companies doing business with Mr. Putin will be useful for a wide circle of managers in order to understand under what conditions foreign investors can expect achieving positive business results in Russia and what concessions they will have to make for the sake of success in Russia. Rules and regularities of doing business are most well-established in the Russian oil and gas industry with its large revenues and budgets for the procurement of equipment and services.
The aim of this analytical report Russian Oil & Gas Industry: Market Opportunities and Management System is to explain the rules of the game that have formed in the Russian business environment on the example of the oil and gas industry. These rules have their specificity that may not always be customary for Western businesspeople. But with this specificity these rules do not cease to be rules, are observed by market players and allow them to make profits often bigger than profits harvested on the developed markets.
The report is 77-pages long, contains a large number of reference data and graphic materials and its conclusions are presented in the form of recommendations aimed to help investors effectively establish their development strategy on the Russian market. These recommendations are based on more than 20-year long experience of RusEnergy experts in providing customized consultations to both Russian and foreign companies doing business in Russia.
For more information visit http://www.researchandmarkets.com/research/qtqxz9/russian_oil_and
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets