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RUSSIA: FDI EXPECTED TO INCREASE.(Renaissance Capital expects Russian foreign direct investments to increase)(Brief Article)

IPR Strategic Business Information Database, May, 2002

Renaissance Capital, the Russian investment bank, has announced that foreign direct investment (FDI) in Russia is expected to sharply rise in the next few months. Renaissance Capital published a report which states that a rise in FDI will result from improved political and economic stability in Russia, according to Prime-Tass.

The report noted "Foreign direct investment is finally picking up steam in Russia. As political and economic stability has taken hold in Russia and the asset markets have boomed, the perception of risk in Russia has fallen below the perception of reward." Renaissance Capital is a leading Russian investment bank which focuses on equity and fixed income brokerage, corporate finance and debt capital markets. Renaissance Capital is Russia's...

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