Russia Economy

: Therefore, BSH — a joint venture between the Robert Bosch company and Siemens AG — will remain active in Russia, investing 10 million euros this year, having poured more than 150 million into the country since 2005, including into the opening of two factories and a logistics center in St, according to The Moscow Times. Petersburg. Klein expects Russia economy to recover by 2018-19 and eventually become the largest market in Europe. In order to safeguard these factories from the crisis, the company has started to export their products abroad. In 2013, the company exported 50,000 items from its Russian factories, and this year that figure is planned to almost double to 90,000. Today, Russian-made Bosch washing machines are sold in Ukraine, Poland, Kazakhstan, Turkey, Scandinavia and Hong Kong, among other markets. (news.financializer.com). As reported in the news.