A record number of foreign brands came to Russia in four years
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Over the past months of 2023, 16 foreign organizations came to Russia, which is a record for the last 4 years. This follows from the calculations of the consulting organization NF Group.
“…16 new foreign companies began operating on the Russian market in the clothing, footwear and household goods segment. This became a record figure…,” RBC reports, citing calculations by NF Group. As the publication notes, in 2019, 26 different enterprises came to the Russian Federation, but their number decreased every year.
According to the source, the bulk of the organizations that came were brands of clothing, goods and footwear for the home from Turkey. In addition, companies from Belarus, Australia, South Korea, Kyrgyzstan and Estonia are appearing in Russia.
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