Market Report, "Russia Food & Drink Report Q4 2014", Published
Most food & drink companies will suffer from an uncertain political and economic environment in the coming months in Russia . We are quite cautious about the outlook for private consumption in the country on the back of the ongoing conflict between Russia and Ukraine over the former Soviet power's influence on its neighbour. The recent sanctions adopted by the US and EU will only exaggerate already harsh credit conditions, potentially further limiting consumer purchasing power. As a result, we...
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