Russian market

BACKGROUND OF RAT COMPANY FORMATION.

From Azores citizen point of view Russian market is huge and hardly pleasant. First of all geographical size of that market includes:

• the whole territory of CIS countries , in the borders of ex-USSR
• the territory that spreads from West to East throughout 10000 km and from North to South for 5000 km with 12 time zones
• the territory, which is in  965 000 times and the population which is in 1 250 times bigger than the Azores.

Picture of The USSR

Clearly that this dimensions had a great influence on structure and special features of Russian market and determined its differences from other world markets.

One of the special features of Russian market is its relatively small integration in world markets and its own system of legal and regulatory framework that regulates its functioning. Thus goods produced in EU for selling on Russian market require obtaining Russian certificates and other authorization documents that confirming their compliance with internal Russian standards.

Only large enough and financially well off company can afford themselves the costs for entering the market and presence on it considering all these peculiarities of the Russian market. For small and medium-sized companies the price of entering into the market is impracticable.

One of the targets of Russian-Azores Trade Company we see in joining efforts of Azores producers and in mutually beneficial cooperation to take out Azores products onto Russian market.