The Swedish Trade Council and Swedbank present a joint study

The Swedish Trade Council in Russia together with Swedbank have done a study of the business climate in Russia. The study shows that the number of Swedish companies setting up a presence in Russia is increasing all the time and that they are very positive to the opportunities Russia offers. However, there remain considerable challenges, particularly corruption which is considered a problem.

The study will be presented at a press conference on 8 October 2008.

Fredrik Häggström, the Swedish Trade Council’s trade secretary, will present the study. During the press conference, Raimo Valo head of Swedbank Russia will also comment on companies setting up operations in Russia.

Presentation of study
Date and time: 8 October, 9.30-10.30
Place: The Swedish Trade Council, World Trade Center, Klarabergsviadukten 70

Raimo Valo, head of Swedbank Russia will be available for individual interviews. Please let us know in advance if you would like to book an interview with him.

For further information, please contact:
Carl Louis De Geer, Swedish Trade Council, Russia, tel. + 7 495 788 11 30, + 7 985 160 44 87
Anna Sundblad, Press Manager, Swedbank, tel. + 46 70 321 39 95

About Us

Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 618 000 corporate customers and organisations with 191 branches in Sweden and 125 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 September, 2018 the group had total assets of SEK 2 461 billion. Read more at


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