Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Nikon ready for competition on Russian Market
4.08.2008 16:26
Nikon ready for competition on Russian Market

Nikon has launched an office in Russia in order to increase annual sales volume from $170 million up to $280 million. The company is set to start direct import to Russia.
      Since Russia abolished import duties on cameras, the vast majority of key players of the international camera market, such as Samsung and Sony, have opened offices in Russia.
      The volume of the Russian camera market grew 30% in 2007 and is estimated at $1 billion. The research conducted by Investment Company Finam releals the market situation: Canon accounts for 38%, Sony 36%, Nikon 17%, Panasonic 12%, Olympus 7%.
      Thus, Nikons sales volume in 2007 made up $170 million. The company plans to put competitive pressure on its rivals by opening an office in Russia.


Next Previous

You might also find interesting:

Visa and MasterCard Plan to Stay in Russia, Seek for Compromise
Gazprom Neft's Filling Stations To Be Open To Natural Gas Vehicles
Crimean War Costs Could Reach 3 Percent of GDP - Report
Net Capital Outflow in July Totals $9 BLN
Sochi Olympics May Boost GDP

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Moscow  Exhibitions in Moscow  Mikhail Khodorkovsky  ROSCOSMOS  The USSR  Master Bank  new aircrafts  Travel  Lawlessness  Russian Icons  Russian history  Russian regions  Madonna  trains Moscow-St. Petersburg  AvtoVAZ   Censorship  Monuments  Russian Cinema  Penza  Russian politicians  Russian fashion designer  Tver  Russian Literature  Russian education  Corruption Perceptions Index  Russian business  education  St. Petersburg State University  South Stream  Dima Yakovlev Law  Russian skydivers  Archeology  IT  Christmas Trees  Russian International  Hermitage  Russian tourism  Sergei Chekhonin  river cruise  Art  Chocolate Festival  Tretyakov Gallery  Books  tourist trains  Acts of Terror  Lake Ilmen  Sestra Peak  Exhibitions in Irkutsk  Alexis of Russia  Russian politics 

Travel Blogs
Top Traveling Sites