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Putin: Germany’s cumulative investment in Russian economy exceeds $21 bln

MOSCOW, May 10. /TASS/. Germany’s cumulative investment in the Russian economy exceeds 21 billion U.S. dollars, Russian President Vladimir Putin said on Sunday after talks with visiting German Chancellor Angela Merkel.

He said more than 6,000 German companies were presently operating in Russia. "German cumulative investment in the Russian economy exceeds 21 billion U.S. dollars," he said, adding that "businessmen are pragmatic people and are not quitting the Russian market, they value the existing possibilities for running successful businesses."

The Russian president reminded that about 100 German companies had been involved in the preparations for the Winter Olympic Games in Russia’s Sochi in 2014. These companies, according to Putin, had received orders worth 1.5 billion euro and "used this money.".

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