Date: 4 days ago   Category: Economy

Investments of the German companies into Russia reached a maximum since 2008 — Rambler News Service


Investments of the German companies, despite sanctions of the West and the countersanction of Russia, in the Russian economy in 2018 reached a maximum since 2008. The Russian-German foreign trade chamber (VTP) with reference to statistical data of Bundesbank reports about it. "Along with such large-scale projects, as ‘’Northern поток-2'' possibilities of the Russian market starts for himself the German small and medium business" — the chairman of the board of VTP Matthias Schepp noted. So, clean direct investments of the German companies to Russia last year made €3.2 billion. In comparison with 2017 the indicator increased by 14%. "The companies which well know the Russian market do not hurry to be frightened sanctions and political problems" — Schepp emphasized. VTP indicates that it the large volume of investments played a certain role, in a particular, the Nord Stream-2 project. The total volume of investment into this gas pipeline is estimated at €9 billion. From the German side in the project Wintershall and Uniper which allocated €950 million for these purposes participate. In 2018 the volume of the Russian-German trade grew by 8.4% — to €61.9 billion, added to VTP.

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