German business continues to invest in Russia, despite Covid-19 pandemic

The volume of German

The volume of German companies’ direct investment in the Russian economy amounted to €1.8 billion ($2 billion) in the first quarter of 2020, according to the Russian-German Chamber of Commerce.

“Despite the measures to combat the coronavirus infection… the volume of direct investment has practically not changed compared to the same period of 2019 [Ed. – €1.9 billion],” the chamber said, citing Bundesbank data.

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