Rossiyskaya Gazeta (19.03.2013): Foreign Companies Evaluate Russian Business Climate

Representatives of the foreign companies working in Russia, estimated the business climate in the country. Within the framework of the survey, 44 percent of the respondents noted an improvement, with 34 percent saying it was a minor one. Almost a half, 48 percent of the participants said no changes had taken place, and 8 percent said the business climate had deteriorated. There are the results of a study released by the Russian Union of Industrialists and Entrepreneurs and Fleishman-Hillard Vanguard.

General Director of Fleishman-Hillard Vanguard, head of Communications Group of RSPP Elena Fadeeva: «Among the major obstacles for business the respondents named red tape, corruption, and underdeveloped infrastructure. Of those polled, 52 percent said tax incentives would be a key stimulus for economic development, while 48 percent said transparent decision making by government agencies was a priority, and 40 percent said they would like the government to end overregulation.»

According to businessmen, administrative obstacles from Russia’s regulatory bodies has increased in respect of such bodies as: Federal Customs Service (growth from 33% up to 49%), licensing bodies (from 31% up to 41%), the Federal Consumer Protection Service (from 20% up to 34%). Meanwhile they singled out a decrease in the number of obstacles on the part of The State Tax Administration (from 51% to 36%), as well as antimonopoly bodies (from 49% to 20%).

As to the interaction tools most actively applied between business and government bodies – the vast majority turned out to be personal contacts (83%), or business associations and industry associations (63%). Nevertheless, such tools like work within the framework of constantly operating advisory deliberative bodies and public and collective interaction have dropped (they are used by 17% and 23% accordingly).

Irina Golova