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Frost & Sullivan: Russia of the Future with Mega Cities, New Top Russian Brands and the Highest Domestic Demand in Europe

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Frost & Sullivan: Russia of the Future with Mega Cities, New Top Russian Brands and the Highest Domestic Demand in Europe PR Newswire MOSCOW, May 31, 2012 - Mega Trends and their Impact on Russia discussed at the Frost & Sullivan's GIL 2012: Russia event MOSCOW, May 31, 2012 /PRNewswire/ -- With 25-30 per cent of Russian GDP to be produced in Moscow by 2025, the capital of Russia is emerging as one of the new Mega Cities of the world. But the modern Russia is beyond Moscow. Five to seven cities are set to become alternative growth centers in Russia by 2020, bridging the welfare gap between the capital and the regions. A brave new world emerged from Frost & Sullivan's inaugural launch of its flagship community and global event GIL 2012 - Growth, Innovation & Leadership. Industry leaders, innovators and visionaries from top Russian and international companies gathered at the Ritz-Carlton for this year's GIL 2012: - The Journey to Visionary Innovation Frost & Sullivan's Mega Trends and their impact on Russia were discussed in detail by Beatrice Shepherd, Vice President CEE, Russia and CIS, and Director of Frost & Sullivan in Russia. "We perceive Mega Trends as a tool to build strong business and generate new revenues," said Ms Shepherd. "By 2025, twenty per cent of all Russians will live in Moscow which is set to grow 2.5 times.
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Frost & Sullivan: Russia of the Future with
Mega Cities, New Top Russian Brands and the
Highest Domestic Demand in Europe
PR Newswire
MOSCOW, May 31, 2012
-
Mega Trends and their Impact on
Russia
discussed at the Frost &
Sullivan's GIL 2012:
Russia
event
MOSCOW
,
May 31, 2012
/PRNewswire/ -- With 25-30 per cent of Russian GDP to
be produced in
Moscow
by 2025, the capital of
Russia
is emerging as one of the
new Mega Cities of the world. But the modern
Russia
is beyond
Moscow
. Five to
seven cities are set to become alternative growth centers in
Russia
by 2020,
bridging the welfare gap between the capital and the regions.
A brave new world emerged from Frost & Sullivan's inaugural launch of its
flagship community and global event GIL 2012 - Growth, Innovation &
Leadership. Industry leaders, innovators and visionaries from top Russian and
international companies gathered at the Ritz-Carlton for this year's GIL 2012: -
The Journey to Visionary Innovation
Frost & Sullivan's Mega Trends and their impact on
Russia
were discussed in
detail by Beatrice Shepherd, Vice President CEE,
Russia
and CIS, and Director of
Frost & Sullivan in
Russia
. "We perceive Mega Trends as a tool to build strong
business and generate new revenues," said Ms Shepherd. "By 2025, twenty per
cent of all Russians will live in
Moscow
which is set to grow 2.5 times. The
economic implications of this dramatic change will be that
Moscow
will become
a global economic force on its own with a diverse and dynamic socio-economic
mix and tech-savvy citizens connected 24/7."
At the same time, we will witness the emergence of new mega corridors
between
Moscow
St. Petersburg
and
Moscow
– Nizhniy Novgorod. Three
major cities will be emerging from those with a vast growth potential:
Vladivostok
, Tomsk and Yekaterinburg, which are seen as new locomotives for
growth.
The upcoming decade will also show the Russian middle class significantly
increasing, resulting in a surge in consumer spending and stimulating strong
economic growth. With its ambitious infrastructure development programme
Russia
will enter an era of high-speed railway and build or modernise over
20,000 km of roads offering a
Europe
-
China
connection highway via
Kazakhstan
. Other trends along with industry innovations will lead to the
development of an e-
Russia
, the establishment of a global recognition of
Russian brands as well as allow technology leapfrogging.
Innovation was at the core of Frost & Sullivan Global President and Managing
Director, Aroop Zutshi's keynote speech. Introduced by EIA Director and
Partner Dorman Followwill Mr. Zutshi said: "Globalisation has changed the
modern world entirely, making it increasingly complex and competitive.
Innovations, new technologies, changing business models and new social
tendencies – all these require visionary perspective for the future expansion.
Frost & Sullivan's programme is designed to support business leaders in
achieving these three essential objectives and I am proud to be here and