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Russian industry grows 10.6% in May - Rosstat (Interfax)

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Posted by: RMP News Desk

MOSCOW. June 19 (Interfax) - Russian industrial output grew 10.6% year-on-year in May, which is the highest results since November 2004, when growth amounted to 12.6%, the Federal State Statistics Service (Rosstat) said on Monday.

http://us.rd.yahoo.com/dailynews/rs..._issue=11536887




Posted by: Jutman

Direct foriegn investment is paying of in the statistic along with modernisation of the russian owned business.
This is just the beginning



Posted by: Volga Trader

Jutman,

You are right. No Russian under 45 should leave. The overalll economy (construction and services as well as manufacturing) grew 5.5% in the first quarter!



Posted by: Jutman

I am not sure if you're joking or what. Russia has still a long way to go, but do question about it. There IS money to make over there.

I know here in Denmark and Sweden privtae charter companies has golden age, flying to East, including Russia, so much several extra crafts has been bougth.



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