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Major foreign investors interested in Russian consumer sector - official

January 22, 2014, 13:12 UTC+3 22
Investors positively evaluate domestic market and companies operating in the consumer sector like telecommunications - Dvorkovich
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DAVOS, January 22. /ITAR-TASS/. Major foreign investors are very positive about the Russian consumer sector, Russian Deputy Prime Minister Arkady Dvorkovich, said in an interview to Bloomberg at the World Economic Forum in Davos, Switzerland.

According to Dvorkovich, investors positively evaluate domestic market and not internationally oriented companies and, notably, not energy companies but those operating in the consumer sector like telecommunication operators. Their investment programs were now expanding, he added.

At the same time, market players are cautious about the Russian stock market.

“Their sentiment depends on market stability,” Dvorkovich said adding judicial system and regulation should be improved “step by step.”

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