Press

“Our survey is busting a myth, that businesses are taking a financial risk by investing in Russia and the Baltic countries. That is not the case. 90 per cent of the Swedish businesses are not experiencing credit losses at all”, said Rickard Westlund in Lindorff Sweden.

Status quo
According to the 300 Swedish companies participating in the survey, the credit losses will be more or less unchanged also in the future.
“Several of those exporting to the Russian market have done so for a long time and have learned how to conduct business there”, Westlund said.

Good opportunities
The future business opportunities are looking bright, particularly in Russia, according to the Swedish companies. 85 per cent of the businesses will increase their exports to Russia in the future. Despite the risks involved, the expectations for a booming business in Russia are high.
“Swedish companies view Russia as a huge and growing market”, said Westlund.

Expectation score:
(1 is low, 5 is high)
Russia – 4,2
Estonia – 3,7
Latvia – 3,8
Lithuania – 3,8