Ernst & Young: Russia is second most investment-attractive country in Europe

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MOSCOW, June 30 (RIA Novosti) - Russia is the second most attractive country in terms of direct investment in Europe, according to Ernst & Young's annual research measuring countries' attractiveness in terms of investment.

The company referred to Mark Jarvis, Managing Partner (CIS), who said China had undoubtedly influenced the overall amount of direct investment into Europe and the BRIC (Brazil, Russia, India, and China) markets, while Russia followed Poland, ranked number two in investment attractiveness in Europe.

Given Russia's huge capabilities and growing stability, the country could well outdo Poland, Jarvis said.

The company surveyed more than 650 members of the international business elite when it conducted research from March-April of this year.

It also referred to The Ernst & Young European Investment Monitor database, created in 1997 to monitor investment activities and regional development, and to Oxford Intelligence information source.



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