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Therefore, at present improving number of various companies decide inter alia to set up a new branch for example in Russia.
In order to run a successful business there, such service like GOST certificate is recommended. Due to it we have a great chance to attract foreign buyers to our products faster. It is so, because Russian customers are known to be generally loyal and accustomed to local commodities. Consequently, if a foreign product has not been awarded with GOST R, it is significantly less likely to achieve as good results in terms of sales records as those, which are distributed by local producers. This implies that in the planning process of the expansion of our business we should keep in mind that obtaining Russian GOST ought to be considered as one of the most crucial goals (www). Due to similar attitude we can find it substantially less complicated to take advantage of Russian market, which is thought to be maybe the most recommendable place to expand for current corporations.
As a result, if we would like to develop a proper strategy for the future of our company, we ought to remember that Russia can be a pretty interesting direction. It is so, because this country hasn’t been explored yet concerning the business sphere. Although the risk concerning investing in this country is thought to be quite big, we should keep in mind that the rate of profits can substantially exceed our expectations