b.cognosco

Market Opportunities in Russia

Russia is probably not on your map in the search for new growth opportunities. I rarely hear software providers talk about their expansion plans east of Poland. But Mirantis, a technology outsourcer that features what it calls "instant-on" services for the Russian market, believes that many North American and Western European countries are missing an opportunity to participate in one of the great growth economies. Of course this assessment is a little self-serving since the company targets Russia, but a quick check of top performing mutual funds on Yahoo! Finance shows that six of the top seven mutual funds for the last year are Russian or Eastern European-focused with growth rates of 22% to 40%. No, I didn't forget the negative sign--that is positive growth. [...] [AMR Research]