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Saturday 07.12.2019 | Name days: Dzirkstīte, Anta, Antonija
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Businessman: entire Europe competing for Russia’s market

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU,  Ivars Strautiņš

Ivars Strautiņš

Those saying that the East is not prospective for the Latvian entrepreneurs, simply have no clue. The Finns, Germans and all of Europe is fighting for this market, and the ambassadors of these countries highly defend their states’ interests in Moscow. We have also gained large profits on the Russian markets. They have favourable prices and precisely settled payments with suppliers, recognizes Ivars Strautiņš, the entrepreneur and dairy producer, emphasizing the President of Latvia Valdis Zatlers’ official visit to Moscow certainly bore fruits.

The Swedish banks are not increasing our current assets; therefore, other ways have to be searched for. Our dairies are competitors of the Swedes in the Russian market, so they are not interested that we develop and expand our business. The EU regulations are aimed at one direction – to hamper our production! We are no longer producing sugar or fishing … However, in order the Russian market would pick our production, we need to produce ten times more, the businessman states in an interview to the newspaper Latvijas Avīze.

There were many entrepreneurs in the Presidents’ delegation, who for the first time applied for Russia’s visa. This is not a serious approach for working in the Russian direction. Although the official visit was good and valuable thanks to the President. However, one should be very careful in that market. Russia is no longer so welcoming! The Russian market has completely different quality requirements. Finally, a generation change has taken place in the Russian business. Now there are more young people with language skills, education, who know nothing about the old style. They will lift the glass, but will consider others, also preferring wine instead of vodka. Entrepreneurs, who were drinking, are now bankrupt, Strautiņš points out.


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