business in russia

Alexander Pechersky2Bandera

Russian market: Winter is coming

MADRID | By Sean Duffy and Ana Fuentes | Growth is stagnant, sanctions are biting, and Russian investors are getting the cold-shoulder on international markets. So where does the country go from here? The Corner wanted to get a glimpse at market conditions on the ground and the overall sentiment within the country. 

We spoke to Alexander Pechersky, a managing partner from ALT R&C, a firm specialising in advice to investors in the Russian market. In a frank interviewhe cautions against placing too much stock in the effects on sanctions, noting that the economy was a mess to begin with.