صفحه 1:
rue GOLDEX
Fred Ludolph
0
] of Independent
‘States (CIS)
صفحه 2:
G@LDEX
GROUP
Fred Ludolph
صفحه 3:
RR GOLDEX
DMAN Gewicar me
Fred Ludolph
Flag Name Area Population 2019 -
۳ Russia 17,098,242 km* 143,895,551
= Uzbekistan 447,400 km? 32,807,368
= Kazakhstan 2,724,900 km? 18,592,970
5 Azerbaijan £86,600 ke? 10,014,575
31 Belarus 207,600 km? 9,433,874
= Tajikistan 143,100 ۲ 19,292,000
a kyroyzstan 199,951 km? 6.218.616
03 Moldova 33,846 km? 4,029,750
— Armenia 29,743 km 2,936,708
= —_Tukmeristan isan ssc member ste sige he ape nthe CiSin 18 but hast red he hare. Toghit was afondng mene,
ithas ner been full mabe and was cesinld as an assoate member stn 205,
صفحه 4:
we. FR x* D
DMAN Russia Past und Piqures G@LDEX
Fred Ludolph
4% Population Population pyramid
> Population: 144,495,000
> Population per km2: 8.451
> Life expectancy males: © 66.5 years
Life expectancy females: 2 76.9 years
Birthrate: 12.9 %o
Deathrate: 12.9 %o
Males/Females: 46.5% : 53.5%
صفحه 5:
۰ GOLDEX
DMAN Russia Pact ond Piqures GROUP
Fred Ludolph
The currency in Russia is Russian Rube! (RUB).
1 Rubel is divided into 100 Kopeken.
Status: 01/06/2019
1 US Dollar = 67.19 Rubel
1000 Rubel = 14.88 US Dollar
صفحه 6:
G@LDEX
DMAN Russia Pat und Piqures GRour
GROUP
Fred Ludolph
Russia is a country in Eastern Europe and North Asia. The
Capital of Russia is Moscow.
are direct national borders with 14 neighbor countr
aijan, Belarus, China, Estonia, Finland, Georgia,
khstan, North Korea, Latvia, Lithuania, Mongolia, Norwa
d and Ukraine.
صفحه 7:
G@LDEX
GROUP
Fred Ludolph
distribution
0.6%
79.0%
0.3%
0.3%
4.0%
7.0%
8.8%
DMAN Russia Pact aed Piqures
Religions
Branch
Buddhists
Russian Orthodoxes
Roman Catholics
Protestants
Muslims
nondenominational
other
Most important cities in Russia
صفحه 8:
— GOLDEX
DMAN Qs Poot ued سب GROUP
Fred Ludolph
5 Economy عم
(per year)
GDP: 1,396.41 bn €
Exportations: 363.63 bn €
Importations: 289.37 bn€
> Tourism receipts: 11.58 مط >
> Unemployment rate 5.2%
> Inflation rate 3.68 %
> corruption از 29 (very bad)
> Energy consum; 890.1 bn kWh
صفحه 9:
۰ GOLDEX
DMAN Russia Pact ond Piqures 7
Fred Ludolph
Land use ا
Urban areas: 187,538 km? 1%
Agricultural areas: 2,176,486 km? 13%
Forest: 8,149,131 km? 48%
Water areas: 721,380 km? 4%
34% Others: 5,863,715 ۶
صفحه 10:
GOLDEX هم
DMAN Russia Pact aed Piqures Grou
Fred Ludolph
Alliances
+ APEC - Asia-Pacific Economic Cooperation
+ EEU - Eurasian Economic Union
+ G20 - Group of Twenty
+ G8 - Group of Eight
+ ك5 Mmonwealth of Independent States
+ OSZE
+ UN = United Nations
+ UNESCO
+ WTO - World Trade Organization
صفحه 11:
RR 5
DMAN QRevwvery oF Qussta’s evowwy G@LDEX
Fred Ludolph
Figure 2a: Russia’s economy continued its recovery
2017
(GDP growth, percent, y/y, TOT, percent, y/y)
as 3.7 5
-30 =a 3
2012 2013 2014 2015 2016 2017
= GDP growth (RHS) Terms of trade
Source: Rosstat, Haver Analytics.
صفحه 12:
GOP per ون G@LDEX
Fred Ludolph
Real GDP Per Capita in Russia
1989-2017
Fallot Putin
Soviet Union Takes Over
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0 4
کر ور کي a0" مر کي کي so تور اي cH 68° a8"
DMAN
صفحه 13:
GOLDEX موه
HEE 0 DE
Fred Ludolph
i ussia recorded a government debt equivalent to 12,6 %
f the country’s GDP in 2017.
Historical Data API Alerts
صفحه 14:
ی
G@LDEX اسط بر مور و من م۳ DMAN
Fred Ludolph
Russia - Inflation Data
Inflation Rate (CPI, annual variation in %) 68 78 155 7.4 37
Russia Inflation Gnart
صفحه 15:
۰ GOLDEX
DMAN Ook reserves ar
Fred Ludolph
Central Bank of Russia Gold Reserves June 2015 - April 2018
Tons
2000
9 اراک
اس 5
صفحه 16:
601226 بصام صصص *ه سدم —
Fred Ludolph
صفحه 17:
rn oP GOLDEX
AG ‘koport oP scactows policy DE
Fred Ludolph
sanction policy of the EU and US against Russia startec
014 due to the Ukraine and Crimea conflict.
sia responded with counter-sanctions.
a result, Russia developed a policy of localization and
ort substitution. The goal is the development of a
dern industrial infrastructure and the promotion of
lovative industries.
صفحه 18:
Skopart oP رام موی G@LDEX
‘GROUP
Fred Ludolph
Dke dowestic produoiivg is prowoted by yuernvect
سوام
جما خام وجاح امصفممه case oP yoversnved pooicacts, the بو
reduction وکا جیوه و اص انمه مدتدوص 019
۰ 49 اه راومه
Therefore, Poreiga لوب لاه بلج about
پجس سر | popperdico wit: (Russica porkers
ta Ruse.
صفحه 19:
beer Production G@LDEX
GROUP
Fred Ludolph
This oPPevts yods ia werkodicd ond cutowotive
,ساعن لمم أو الوصو ليج light tochustqy ood wedical
2
Qesides the wo production ood the productia ict the
vottest oP a jpiat vecture ft (Russia could be the
Iicewe productos.
to 3 Russicn portoer is 30 ها هه جوم The
و رو وی موه و inpportent tool
صفحه 20:
GOLDEX همهم
Fred Ludolph
صفحه 21:
Fm
HEE 1800 ۳ wits Dorkd ات
Fred Ludolph
Total Goods: Top trading partners 2017 seu
Total trade
poner poner se Mo ۵ سم Value oe % Word
Wet Wo sé 1000 | Word 1203 1000
os |1 Ge nan 195 مود م د Unted rab 1
عمد مود تس و 170 هو ده و a2 2
مد وود هد نید مه cna 3 nda 3
وه nda ما من دم Tey © South Keren 4
و3 دو «سد كانس هدم مد 5 ممصم و
90s 4 مهد واد وود سد 6 ماسو 6
هد مسد 67د هيد عضوم 7 sla 7
مر هرد سصعت ۵ جر هه هه سس و nda و
كز 194 swe وان وه مومت و شمه و
Singapore ioe aa 10| 5111 موز 0
3 روز له 703 و ioe we 2
0
Top panes: excluding region member states
Growth: eave variation between cure and prewous period
صفحه 22:
Foe
arm AR®O Prove wtk Reon — COLDEX
Fred Ludolph
Retticgs betters (Russia und dro hove اجه
9) isthe best pews os bok vowiries wre udder (D.G.
عم لوا ره تیوه وه له زو
Qussia ged Iroc siqued o historic OG$CO مسلط
euerp ded ic COUP.
Ovtor vehicles, Pros, veuetubles, «lass, textiles,
plostic, chewicds, hondbwoved carpet, sivae ord
۱ the woe decor
8 oosrol yoods exported to (Russia.
صفحه 23:
RA ۹ G@LDEX
Fred Ludolph
صفحه 24:
۰ GOLDEX
DMAN Osbekistaa aoe
Fred Ludolph
3 By
»< KAZAKHSTAN
‘agpian TAJIKISTAN:
صفحه 25:
ran GOLDEX
DMAN Osbekistad 2
Fred Ludolph
4 Population Population pyramid
5 pocilation? 2287/00 nale لعج
> Population per km? 72.39
> Life expectancy males: ‘68.6 years
Life expectancy females: 74.1 years —
Birthrate: 22.8 %o =
=m
Deathrate: 4,9 ۰ |}
Males/Females: 49.8% : 50.2% ۶ ٩
گرگ
صفحه 26:
rn GOLDEX
somes جيه DE
Fred Ludolph
The currency in Uzbekistan is Uzbekistan Sum (UZS).
1 Sum is divided into 100 Tiyin.
Status: 01/06/2019
1 US Dollar = 8,340.00 Sum
10.000 Sum = 1.20 US Dollar
صفحه 27:
rn GOLDEX
DMAN Osbekistad aor
Fred Ludolph
Uzbekistan is a landlocked country in Central Asia. The land has a total area of 447,400 km2,
This area is approximately 0% of the area of California. There is no access to the open sea.
There are direct national borders with the 5 neighbouring countries Afghanistan, Kazakhstan,
Kyrgyzstan, Tajikistan and Turkmenistan. The distance between New York City and the Capital
‘Tashkent is about 10,190 km.
Alliances
+ ADB - Asian Development Bank
+ Non-Aligned Movement
+ CIS - Commonwealth of Independent States
+ OIC - Organization of Islamic Cooperation
+ OSZE
+ UN - United Nations
1 + UNESCO
صفحه 28:
An GOLDEX
DMAN Osbekistaa ar
Fred Ludolph
Religions
Branch distribution
هنن 90%
شتا 88.0%
other 3.0%
صفحه 29:
G@LDEX
GROUP
Fred Ludolph
Economy more...
(per year)
GDP: 43,124.45M€
Exportations: 10,073.5M€
Importations: 10,126.6M€
> Tourism receipts: 91.27
> Unemployment rat: 7.2%
> corruption index 22 (very bad)
> Energy consumption: 48.0 bn kWh
DMAN
صفحه 30:
G@LDEX
GROUP
Fred Ludolph
267,704 km?
32,203 km?
22,000 km?
125,493 km?
Land use
60% Agricultural areas:
7% Forest:
5% Water areas:
28% Others:
DMAN
صفحه 31:
RR
DMAN Cxpori!Teoport Gtructure G@LDEX
Fred Ludolph
ke top exports of Oabehistad ure!
Gok, O#, Gas, Pure Onttoa Gara, RePiced Oupper.
Top export desiccation Guvitzertoad, Chica, Russia, Murkey
od سیم
Dke top teoport ore!
Obkicle ports, puched wedicaeds, Ivo, sau wood
صفحه 32:
G@LDEX ویس وی لفلف
DMAN CKazackstect ۰
Fred Ludolph
صفحه 33:
GOLDEX
Fred Ludolph
لته
صفحه 34:
« G@LDEX
Fred Ludolph
Population pyramid
18,038,000
6.620
years 68.1 و
9 76.6 years
22.5 %0
7.4 %0
48.4% :
Population
> Population:
> Population per km?:
> Life expectancy males:
Life expectancy females:
Birthrate:
Deathrate:
Males/Females:
DMAN
صفحه 35:
rn GOLDEX
DMAN Qazackstecd 7
Fred Ludolph
The currency in Kazakhstan is Tenge (KZT).
1 Tenge is divided into 100 Tyin.
Status: 01/08/2019
1 US Dollar = 375.09 Tenge
1000 Tenge = 2.67 US Dollar
صفحه 36:
۰ GOLDEX
DMAN Qazackstecd oe
Fred Ludolph
Kazakhstan is a landlocked country east of the Caspian Sea on the border with Europe. The
land has a total area of 2,724,902 km?. This area is approximately 0% of the area of Texas.
“There is no access to the open sea. There are direct national borders with the 5 neighbouring
countries China, Kyrayzstan, Russia, Turkmenistan and Uzbekistan. The distance between
New York City and the Capital Astana is about 9,270 km.
Alliances
+ ADB - Asian Development Bank
+ EEU - Eurasian Economic Union
+ CIS - Commonwealth of Independent States
+ OIC - Oraanization of Islamic Cooperation
+ OSZE
+ Turkic Council
+ UN - United Nations
+ UNESCO
صفحه 37:
G@LDEX
Fred faecal
distribution
26.2%
70.2%
2.8%
0.8%
Religions
Branch
Christs|
Muslims
‘nondenominational
other
تسس سسکا
صفحه 38:
rn GOLDEX
DMAN Qazackstecd oe
Fred Ludolph
ie Economy © more.
(per year)
GDP: 141.11 bn €
Exportations: 49,332.0 ME
Importations: 37,797.0 ME
> Tourism receipts: 1.55 bn€
>» Unemployment rate: 4.9 %
> Inflation rate: 7.44 %
> corruption index: 31 (bad)
> Energy consumption: 97.6 bn kWh
صفحه 39:
G@LDEX
GROUP
Fred Ludolph
2,170,019 km2
33,206 km?
25,202 km?
496,475 ۶
Qazackstea
Land use
80% Agricultural areas:
1% Forest:
1% Water areas:
18% Others:
DMAN
صفحه 40:
DMAN مسج یه 900 ۰. GOLDEX
‘GROUP
Fred Ludolph
Economic performance 2017
oe 75941 9 معن 63746ب معن 7,2777010 055 33.715.136
‘ross national عم 142.27 n USO 7,887.67 uso 16,797.26 uso 32,777.62 USD
Development of the Grose domestic product in bilion US Dollar 1990 - 2017
صفحه 41:
DMAN 4Iko- ard Cxports COUP G@LDEX
Fred Ludolph
Im- and Exports 2017
"Foal امد سیم per capita
Boor معن و57 3089.67 us0 7949.35 us 153512.10 uso
Imports 42709 uso 2.36723 050 7,297.87 مه USD 1424082 Uso
Development of imports and exports in billion US dollars 1998 - 2017
صفحه 42:
Fm
HEE Dop سوه COUP ی هت
Fred Ludolph
Mineral fuels including oil: US$30.7 billion (63.5% of
total exports)
Iron, steel: $4.2 billion (8.7%)
Copper: $2.5 billion (5.2%)Inorganic chemicals: $2.2
billion (4.5%)
Ores, slag, ash: $2.1 billion (4.3%)Zinc: $837.7
million (1.7%)
Cereals: $829.4 million (1.7%)
Gems, precious metals: $595.4 million (1.2%)
Aluminum: $533.4 million (1.1%)
صفحه 43:
DMAN ۰۰۱۱ ٩۱۳۲ ۴ G@LDEX
Fred Ludolph
Top Imports are:
Refined Petroleum,
Packed Medicaments,
Broadcasting Equipment,
Cars,
Valves
صفحه 44:
Orkne G@LBEX
Fred Ludolph
DMAN
صفحه 45:
GOLDEX
Fred Ludolph
صفحه 46:
RA GOLDEX
DMAN Orns aan
Fred Ludolph
4% Population Population pyramid
> Population: 9,508,000
» Population per km? 45.80
> Life expectancy male و 68.9 years
Life expectancy females: @ 79.0 years
Birthrate: 12.4 460 SH
SSS
سح 5
Deathrate: 12.6 %60 Ss
Males/Femates: 46.5% : 53.5% 7
خم
: تت
Oe kom
صفحه 47:
۰ GOLDEX
DMAN Orkrne ord
Fred Ludolph
The currency in Belarus is Belarus Rubel (BYR).
1 Rubel is divided into 100 Kapejek.
Status: 01/05/2019
1 US Dollar = 19,600 Rubel
100.000 Rubel = 5.10 US Dollar
صفحه 48:
۰ GOLDEX
DMAN Orkrne aan
Fred Ludolph
Belarus is a landlocked country at the border with Russia. The land has a total area of
‘207,600 km2. This area is approximately 0% of the area of Minnesota. There is no access to
the open sea. There are direct national borders with the 5 neighbouring countries Latvia,
Lithuania, Poland, Russia and Ukraine. The distance between New York City and the Capital
Minsk is about 7,130 km.
Alliances
+ Non-Aligned Movement
+ EEU - Eurasian Economic Union
+ CIS - Commonwealth of Independent States
+ OSZE
صفحه 49:
G@LDEX
Fred faecal
@rkns
Most important cities in Belarus
ity Region Population
nsk / Capital ۳۹ 1.922,000,
come! وه 481,000
Maniyow Mealew 369,000
تس Vitebsk 343,000
000 ععوصوومه 317,000
Brest 301,000
Babruysk 221,000
هوجو Brest 169,000
Pins Brest 131,000,
ra iebsk 125,000
Novoye Medveznino sk 120,000
Mazye Somel 122,000
uae rosnensiaye 98,000
Novolukom! 34,000
Berézovka 32,000
DMAN
صفحه 50:
۰ GOLDEX
DMAN Orkrne ord
Fred Ludolph
۳ ۳26۵۵۲۳۷ mor:
(per year)
GDP: 48,191.89 M€
Exportations: 32,283.7 6
Importations: 32,225.3M€
> Tourism receipts: 920.59 ل ©
> Unemployment rate: 0.5 %
> Inflation rate: 6.03 %
> corruption index: 44 (bad)
> Energy consumption: 31.8 bn kwh
صفحه 51:
G@LDEX
GROUP
Fred Ludolph
7,783 km2
85,811 km?
86,338 km?
4,690 km?
22,978 km?
Land use
4% Urban areas:
41% Agricultural areas:
42% Forest:
2% Water areas:
11% Others:
DMAN
صفحه 52:
Ar
DMAN C@oowwir perPornawe 00۳۶ G@LDEX
Fred Ludolph
ELARUS ECONOMIC UPDATE FALL 2018
am cpp GROWTH
لامع عوج هس
PROJECTIONS
17
POSITIVES:
Economic recovery has continued.
RISKS:
The current recovery is based on cyclical factors.
External demand volatilities and structural weaknesses of the
SOE sector continue to undermine the growth potential.
OPPORTUNITIES:
Structural changes are needed to improve external
competitiveness and to convert the ongoing recovery into
structural growth.
THE WORLD BANK
Find out more: www.worldbank.org/belarus
صفحه 53:
RR
DMAN 4Ieo- ord Oxports 2 G@LDEX
Fred Ludolph
Among the major export commodities are:
oil and oil products, potash and nitrogen
fertilizers, metal products, trucks and cars,
tractors, tires, dairy and meat products,
furniture.
Belarusian import is mainly composed of
energy resources (oil and natural gas), raw
materials and components (metals and metal
products, raw materials for chemical industry,
machine parts) manufacturing equipment.
صفحه 54:
RP 5 GOLDEX
DMAN ات coe
Fred Ludolph
صفحه 55:
An GOLDEX
DMAN مس oon
Fred Ludolph
Caspian
ont
BL sorters Owe S28
=Mingacevir 4
one Sumaayit.
صفحه 56:
G@LDEX سوه
Fred Ludolph
Population pyramid
منز 9,862,000
113.9 a
aa.
9 69.0 years
975.0 years
16.3 %o
5.8 %o
49.8% : 50.2%
Population
> Population:
> Population per km?:
> Life expectancy males:
Life expectancy females:
Males/Females:
DMAN
صفحه 57:
An GOLDEX
DMAN مس 2-7
Fred Ludolph
The Azerbaijan Manat is the currency of Azerbaijan.
Top AZN Exchange Rates ‘Add/Change Currency... ¥
a = = = ع 8S GC # 8 fe
050 EUR RUB GBP ‘TRY AED GEL ‘SAR OMR
IAZN 058945 052047 387336 0.45729 3.09723 2.16476 1.55614 2.21044 664
Inverse: 1.69649 1.92135 0.02582 2.18678 0.32287 0.46195 064267 0.45240 4.41221
2019-02-13 09:35 UTC
صفحه 58:
۰ GOLDEX
DMAN مس 2-7
Fred Ludolph
Azerbaijan is a landlocked country north of Iraq on the Caspian Sea. The land has a total area
‘of 86,600 km?. This area is approximately 0% of the area of Maine. There is no access to the
‘open sea. There are direct national borders with the 5 neighbouring countries Armenia,
ia, Iran, and Turkey. The distance between New York City and the Capital Baku
ut 9,380
Alliances
+ ADB - Asian Development Bank
+ Non-Aligned Movement
+ CIS - Commonwealth of Independent States
+ OIC - Organization of Islamic Cooperation
+ OSZE
+ Turkic Council
+ UN - United Nations
+ UNESCO
صفحه 59:
An GOLDEX
DMAN امد >
Fred Ludolph
Largs cies or tos in zebajen
fi مسا مها میا هه واه سا تاو و Sts Camis
03 None سوه Pe, لس ne سوت he
1 Bu القع من Madmen tema سس
2 Smt تس wm 12 میا ‘what سس
3 Gale ماس سمیزه 18 it elo 0
۱ وا ben ل لك 000 00 00
یا 15 هه مسا سا و en 590
8 Si 3 سس 16 Shama Cain ano
7 Na fae mo 7 Fad ‘ata em
8 Seni (eda سم 8 Sp 03 a0
و Sai شا و اصع نیو ke a0
‘et hen ل لين 3 ato
صفحه 60:
۰ GOLDEX
DMAN سس مس
Fred Ludolph
۳ Economy more...
(per year)
cpp: 36,069.57 M€
Exportations: 17,562.6M€
Importations: 15,141.2M€
> Tourism receipts: 2.58 bn €
> Unemployment rate: 5.0 %
> Inflation rate: 12.90 %
> corruption index 31 (bad)
> Energy consumption: 20.3 bn kWh
صفحه 61:
G@LDEX
Fred Ludolph
47,697 km?
11,391 km?
3,937 km?
23,575 km?
Land use
55% Agricultural areas:
13% Forest:
5% Water areas:
27% Others:
DMAN
صفحه 62:
Ar
DMAN سم مامت سم ما G@LDEX
Fred Ludolph
Real GDP growth 2006 200 2008 2009 ۰۰ 2010 ۰۰ 202
22% يك ۷ 936 108% =« 256 345%
۴ = 20168 2015 204 2013
14% ا ا ا 58%
صفحه 63:
rn GOLDEX
DMAN Cxports 00 GROUP
Fred Ludolph
@ Azerbaijan’s exports are dominated by oil and
natural gas, which account for around 95 percent
of total export revenues. Azerbaijan’s other
exports include sugar, fruits, metals and polymers.
Azerbaijan’s main exports partners are Italy, the
United Kingdom, the United States, Israel,
Indonesia, France and Turkey.
صفحه 64:
FH ۱
سس رس 0 G@LDEX
Fred Ludolph
Azerbaijan mostly imports:
sacar ond
Ozerbatmn's warn kopors porters a Purkey, Russia, Berany,
the Osited Kinder, the Dated Grates ard “aly.
صفحه 65:
G@LDEX وف( وله 0 یف مه
DAK aon
Fred Ludolph
Cor wertay
تخت لعف بات تما تلا deed ey veut.
۱ IP pou koow the persou’s Pull
له سس اه موه وب ور eenve, tuvadld be oppreviaied
ی وخ
صفحه 66:
rn GOLDEX
DMAN Oote voulhurd یه( ‘GROUP
Fred Ludolph
Oress ia Pore, wore couservoive oPPice cles متام
utes te).
Whe ont of hardy out bstess cards is quite a powroa ord
Reporte aria (mr (Russie kroner oa te brack)
rien) a scl Pi (Powers Por he wher) when oteadag 3 جرا
howe Por deer. Dever Poreet متا ام day Dark 0.
Onicha ood toa i oo Reports gad corr ناته
صفحه 67:
rn GOLDEX
DMAN Oote voulhurd یه( ‘GROUP
Fred Ludolph
Ont oP مادج وروی
و shares
peck chou your Kopression or mukure ord history.
ماس موه اهاط
0 of your chide.
Qussicas ore very ofPectiocate ruvards chide. 3
صفحه 68:
rn GOLDEX
DMAN Oote voulhurd یه( ‘GROUP
Fred Ludolph
Qvetess Orctcliy
fie dPPiod i do bstwss 1 O1G states without he help Pro 3 ood
).متسر yPts ore ماه a youd kkeu wheo doviey bustiess ia
Qwon.
OePore a wertey pou ,ان روا ملس لاه
Patewe is Koportadt و ز con Pied be sw.
AP vow hove werten wih boo oP Picts you wall ual a foo eo
وا ماه من حول وروت the sauna i Russia |!
صفحه 69:
Fm
DMAN .مسج یفدص COLDEX
Fred Ludolph
Q@vsiess Orta
Questa und the vier O1G stiter hove a herachicd soviet!!!
ke Becerd Direvir or Presideat a very deta, powerPul
Rraure, oad i surrounded by vibe decrosinaions of his/her
porate,
Geverd Direvior pr Preside.
a
له رت وه اج مه مه رون by the A
80
هه
صفحه 70:
Fm
DMAN .مسج یفدص COLDEX
Fred Ludolph
QOvsicess Orci
QRelutcaship bePore Tush?
Qektoaship cowbiced wits cevorkin ts he dbeeportcal key
directors oP عمجت Ousiaess Wik O18 Gries, pspevily wil وا موه و(
phi Puler prises.
Ok paneer leaders you wal Prod © greater Porgy a task.
صفحه 71:
Ovte muhurd دب ta ۲۵۵ G@LDEX
Fred Ludolph
DMAN
صفحه 72:
Pactor to success G@LDEX بو
Fred Ludolph
> Darket/Darketiny Gtudy bePore warket eciny
> Ove Dieu oP potecitdl porters
> Retaioaship Decagewet (rebticaship oetork)
> Key-Oocoud Qucngewed is 0 woter Por op wooagewedt
> Doe ts woop! Gpeed = cowpetiive udvootiee
> Devel مها تاموتا و of wolivoted ewopbyerr va site
> Quicky buld up rePereures und use thew us udverisioy
> Orvelop operciiocd exccticare
> boo ات ماه وه bustiess 1 O18
> @lobdl sourvien — wor O18 potewier
صفحه 73:
GOLDEX
Fred Ludolph
beqd structures Por startiag 0 business in O16
0. Orent sues
©. Optribuer codrat beokessen (axpwies)
9. Represectaive oPPive pr broak:
مومس وولو موجه .6
©, dott Orctere
صفحه 74:
۰ GOLDEX
DMAN beg structures و
Fred Ludolph
4. Orevt odes
Pro WROO thot sels yoods direrty Prow رش طا و
dean to Russia would ut be subject to Russia toes
coed would ont be required to estublish 0 presveue it
Qussit via coy Dorporde structures.
Dke Qussica pustiowers ure respousible Por vustows
eorag cod Por popiey custows duties ood tee
سم OOD). Cousider veriPivaies like
GWOGT etc.
صفحه 75:
۰ GOLDEX
DMAN beg structures و
Fred Ludolph
©. Ostrbuer همم (putes)
Iran companies have the right to conclude
distributorship contracts with Russian
companies allowing the Russian companies to
sell the goods from Iran in Russia. The Russian
distributor shall be responsible for customs
clearing and import VAT.
Be careful with agreements on the exlusive
basis!
صفحه 76:
۰ GOLDEX
DMAN beg structures و
Fred Ludolph
9. Represective oPPive or brook
Dke Gros powpooy ooo choose tv estoblish 0 preseue
through a represeotaive oPPice (RO) or braack. ROs od
browhes shoud be acoredied by the Peder! Tox Gervice
oP Russia. The ocrediativa costs ure approx. D6O
1,900. ®ve woos cod be opeced.
Olhic oH it host O-O weeks to set up oa (RO.
صفحه 77:
۰ GOLDEX
DMAN beg structures و
Fred Ludolph
@. Questa subsidtary vowpay
a Tras Cowpony cod estublisk موم و tt Russia by
inworporiay a (Russica subsidiary.
Dke wost cowed bey Pores Por cowwposies it Russia ore
the Licoted Licbiiy Oocpocy (Russica obbrevictiza ,OOO")
und doit Giock Company (Russica abbreviation PO").
صفحه 78:
rn GOLDEX
somes مان Ouptd DE
Fred Ludolph
ke whic charter coptd Por ot LLC oad نویه JOO جا
Sj | ROOWO OOO (epproricraiey OBO). Por a prble MGC tte
ROO(OO,OOO (eproxrvatey OGO,OW).
or aa LO, (OO% oF the chatter capil shoud be par wats (Pour)
و من the dete oP stair rear,
Por WGC, SO% oF the chanter capt cast be pad wikia O (iver)
ما بط the cates os stairs respiration, sted dss لمر خط نعمت بحاص
Rul wikia the pear Pola icy state recisirotiog.
صفحه 79:
rn GOLDEX
DMAN )© لحه عام موه كاده posts 52
Fred Ludolph
۳: eed تست رسای ج13 von be ppered Piet he pops
reyerroion, hough hey wast
و جاوما ات رو وان تیب"
A shareholder (participant) in an LLC or JSC must pay a
state registration fee of RUB 4,000 (approximately
USD65) prior to or at the moment the constituent
documents are filed with the registration authority for the
company’s incorporation. In addition, when registering a
JSC’s issue of shares, there is a registration
fee of 0.2% of the nominal value of the issued shares (up to
RUB200,000 (approximately USD3,226)).
صفحه 80:
RM
تم GOLDEX
GROUP
Fred Ludolph
There are additional fees for translating and
notarising the documents.
Professional fees for collecting the documents,
drafting the constituent documents of the Russian
subsidiary, and for then submitting the documents,
range from USD 7,000 to USD 9,000 or an LLC and
from USD 13,000 to USD 16,000 for a JSC (fees
depend on the location (citv) of the company to be
incorporated). ع 5
7
9 8
صفحه 81:
RL
atm seas GOLDEX
Fred Ludolph
The maximum profits tax rate for companies is 20
i
The statutory income tax for Russian citizens is 13
i
The income tax for other income of Non-Russian
citizens is 35 %;
Health, pension and social insurance is 34 % from
salary in total;
Property tax max. 2,5 %
Aa See Oe bo Eee olan تعن حم ی هر دا
صفحه 82:
لفلف
DMAN Cwoplop wed له G@LDEX
Fred Ludolph
Q®ucrudters Por exoplyees:
® Grecdard workiey hours are wl be exveed PO hours per week;
FP pod woerworkier dave of publ kolcepe ced cocudl eave oP ot
fest OO cotewder days;
»Women are entitled to maternity leave for 70
calendar days
Prev
صفحه 83:
۰ GOLDEX
DMAN سس وله ال(
Fred Ludolph
(Pvble holidays to be vovetdered ta pour traveliog pho io Questa!
+O. Oev./d. damp Dew Year
جممطها0 مود ول ۵ ۰
+ ۵9, مه - Day of the DePeuder of the Pathertrrd
© 0. Marth —Tetercatiord Docea's Day
+. Ow —babor Ow
+O. May — Oey of the Ortory (stare JOS)
* 06. مس - صمل Day of Russia (stare 100)
۰ Dpuewber — Day oP the weity oP the people
AP ke hokday Pol vo a weehed (Gdurday,Guaday), te Pollowtery Doaday ts Pree.
صفحه 84:
G@LDEX
Fred Ludolph
S. Aotct Orcture
dresica powpodies coo oredte oo pit Orcture together wits
Quesica powpudies Por a Coowwir
۱
Daweh OR? یاهامن
ke Poreiqa iwestors rights ure respevied by spevidl bw.
صفحه 85:
RM
DMAN Opportunites Por warket eciry G@LDEX
Fred Ludolph
۱ ond recurd weeds ir
3 هل sevirs;
۷ Crowry purckorkny power}
۷ سا مصصه له بو
۱
7 Rekivel bw kbor most;
صفحه 86:
GOLDEX
GROUP
Fred Ludolph
Qisks Por worket eciry
هی ۲
هه 09۳ ۷
۷ عسطلمحبط مسق vo raw wotrtds (of vod voz);
صفحه 87:
G@LDEX
DMAN Gwwtrocvect Ocupsts >PEGTEL ‘GROUP
Fred Ludolph
Poberd
© Leyking, 2.x). 00 لمم وطامها
لو ری راعش ©
رال (possibly ممفسلديسه
له روت و و وا ها لصو
a pod of Puture corporcie straw) بو
Crverawed suxershp oF techetry ord ©
ای لجی امن با لاه
ای
Deckorlogiodl
امومع
bexrat
صفحه 88:
a= GOLDEX
DMAN Coversvedt له GROUP
Fred Ludolph
Covernved policies coo have 0 yeoerd input vo porporce
qj مد
(Germs pyvainer hove odepied وان منت ,مور موم ره لها و
] لطا a dirkiste, wore ceirdly direvied opproack ty teckeirtd developed.
Corpordie siraicay ceeds ty be anutely aware oP ke becePis ocd problecos of
hese aves,
و ال و
© Oowpetiiva policy.
و
© Reynard policy.
صفحه 89:
RR
.روم وود مین تست ریرح
Fred Ludolph
@oticad
سس
۹ ۱
او
Gori © Ooweanver expendiure ond disposable
سر
پا و
ی ۱] ما۳
٠ سساو(
رو و rose, ات cost,
۳ موی 1 1 1
سس
Lex
صفحه 90:
G@LDEX
GROUP
Fred Ludolph
DMAN Cwirvavedd Busts >PEGTEL
Gud
© hs to voles ood mtu
و Chor te Pepi
fete اجه ی وا )و
اس اجه منمل() ۰
Orwoqruphic chances ©
© Ostrbutics of taco
لكك
Govidt
Deckorlogiodl
امومع
صفحه 91:
G@LDEX وه
NEwronvectd Ouipsis DPEGCTEL ‘GROUP
DMA\ Fred Ludolph
مسب" دسا a
jy
Coowwied
Governed weskved poly ©
cow research kates و
Gori © Dew puteuis ued product:
of sew موه لو peed of chore ©
۳
Decker © Level of expeudire oa REO by
ribs هون
مجسنم
bexrat
صفحه 92:
G@LDEX
GROUP
Fred Ludolph
DMANC@wrrosnvectdl Ontpss D>PEGTEL
5 یه مس
iy
Cina © Greed teen ta PP ent he
سم
Devel ord وی و
مس وس
ره سار
41 © Rubbish, waste ocd tts ام
امومع
bexrat
صفحه 93:
RR
DMAN Cwroavedd Buus >PEGCTEL G@LDEX
Fred Ludolph
بيبا Cotta Lewd
ما نمچ له نوا مین و مسق
۰ و6 ad she kw
© Proket sey bes
© ددم
یاوه(
Cwircavectd
beat
صفحه 94:
RA G@LDEX
DMAN G@wirouvedd Crusis wer
Fred Ludolph
Stages of the industry life cycle مه
{Ptroduetion! Growth ! Maturity ! Decline /
Industry sales
صفحه 95:
— 555 G@LDEX
DMAN Competition 27
Fred Ludolph
I siqaPicod existay cod poteutdl cowpetiors wust be
![الحصادجه
Ose
صفحه 96:
لفلف
ی هت مر DMAN
Fred Ludolph
Porter's Five Forces Model
Buyers
‘Source: Crom Competitve Strategy: Tecniques for anabaing nites and Campatrs by Michel E Patt. Sopytgi © 1960 by
صفحه 97:
rn GOLDEX
۵۱۵۱۱ نموه power oP supphers aon
Fred Ludolph
+ OP there ore voy o Pew supphers.
+P there ore uw substivies Por the supplies they ان
° 42 supplers’ prices Poren u forge port of the total costs oP the
precision.
° [Rasuppter coc poteoitdly uodertoke the volue-odded
provess of the الوم
صفحه 98:
G@LDEX
Barristers power oP buyers Fred Ludolph
0 WP bwers or اجه مس there ore Pew oP thew.
۰ ۱ the produnt Pro the orqanisativg اه خلت و
the buyer ooo eusiy switch Prow oor to covther without
problews.
backword integrative is possible. ۳ و
۰ ۱ the seliog price Prow the امعم
to the totd posts oF the buwer.
rR
DMAN
صفحه 99:
GOLDEX لفلف
DMAN) Whreds of poteutdl cew euros Soe
Fred Ludolph
tot there were seved wupr sourves oF barter همه و
ec:
.Crowwer oP srde > cost مت beau او اه
ال
5: بسل۳ dPPercctaica Dbrocdoy, sped level oP service ...
8.Coptd requreweus
@.Guatckay costs D> buyer to cew euirots
6. ها dsributcd chanets > wopbe cooled by companies
8.0pst deudvactps tedepeaded oP sds 2 rehivuships ...
10 وعاصامم امج ج03 > proevivcisw
صفحه 100:
LDEX
Dhe threus oP subsiiuies oe GROUP
Fred Ludolph
Crow a siete viewport, the hey truer to be acdyord oe:
Othe pombe thers توا تا
یه وا موه خر رو با و to he substi,
© he costs oF provides soc اه موه و service trol wil
prevent swichiny;
P prices ore doa or are held. موه تا جز مر راما و
DMAN
صفحه 101:
G@LDEX لفلف
Fred Ludolph
صفحه 102:
26 GOLDEX
DMAN 6007 مه - Cxanple io
Fred Ludolph
Strengths Wealmesses
ا * Project is very complex
* Political support © Likely to be costly
+ Funding available + May have environmental
۰ Market experience impact
* Strong leadership © Staff resources are already
stretched
Opportunities ‘Threats
* Project may improve local
‘economy * Environmental constraints
* Will improve safety * Time delays
‘* Project will boostcompany's ¢ Opposition to change
public image
صفحه 103:
G@LDEX
GROUP
Fred Ludolph
Covvpetior udsis
Some possible factors Ina SWOT analysis
Waakneasas
> Share weakness
Few core sirengtha and low on key skills
‘Old plant with higher costs than compatition
Weak finances and poor oaah flow:
Poor record on innowation and nave ica
Low quality ane reputation
Products not differentiated and dependent
on tow products
2 thcrensed compatition
+ increased proseure from customers and
3
2 Low market grown
Economie evele downturn
‘Fesnnologieat threat
‘Change in polltical or economic environment
Demographis change
New intemational barriers to trace
INTERNAL
Strenathe
= Market dominance
Low-cost position
Financial snd cash resource
Innovation procesaas and results
Cifterentiated producte
Product or service quality
‘New markets and segments
New products
Clwersitcation opportunities
Market grown
Competitor weakness
Strategie pace
Demoaraphic and eocial chanc:
‘Change in political or economic environment
New takeover or partnership opportunitice
ی upturn
Intemational growth
صفحه 104:
RR GOLDEX
DMAN Cowpetior Budpst GROUP
Fred Ludolph
Ose the Pvteuta aust!
صفحه 105:
a= GOLDEX
DMAN Orticd Oowwea oP © Porves Oodel a
Fred Ludolph
> deassucves thot buwers hove oo yreder
inpportoave tho viher uspevis oF شم
> emia the huevo resource aspect oP stro
> Ouderestcration oP he Recvurcedtbased Oiew
صفحه 106:
a= GOLDEX
DMAN ) @roducts ued services GRour
Fred Ludolph
Qesoribe pour porPolo oP products ond services
مامصم < 0
Like مره oP the severdl products
rade work protection
Patectiogy
Corfolo unibsis > BGO Ourix
صفحه 107:
rn GOLDEX
DMAN PorPolo Oris: BGO-Durix 57
Fred Ludolph
‘Phe porPobe wotrte exh
ميجحت نيا oP prinkets لمستسدسي
by era مسج جمحي (to por Poke)
ليت صا ابي
ملسن بمسار ohare لمي
اس لو
ال همه ee
سای
ی
صفحه 108:
rn GOLDEX
DMAN Ootetag aon
Fred Ludolph
Oorkeiay Graew 2 مس نسوس of koited recourses
بر he y-rutest ppportualies
Corters Gerveric sirtiedes:
صفحه 109:
DMAN = Operctue Oorketay > Oarketay Orc GRour
Fred Ludolph
— GOLDEX
The Pow P's
صفحه 110:
G@LDEX
Fred Ludolph
Ov-Operaive Cirueyes
صفحه 111:
G@LDEX
DMAN Ov-Operdive Gtrotedies oo
Fred Ludolph
Ubi vediures! oo-pperdive vircieyies where Iwo pr wore
حابي د Set Up ره رورا هو و to develop the
vovpercion.
Proachies: co-operaion sintedes ta which «raster وم (he
Frauke) develops o bustaess coacept whick thea shares wits
vers (he Proachisers) to their atv bec,
Opksive dhoaes! co-pperdive siroeyies to whick Pires seek to
مرو وا io order to reduce cowpetion adler rise prices.
Vv
صفحه 112:
rn GOLDEX
DMAN Gtrotege prictry > Tarcet Prictay GROUP
Fred Ludolph
ea
Re) ee ee
Sm | eer | | “erosions |]
‘Acie prom margin
[ سس |[ عسسه |[ Becton
سح
Whitaiion sade costs over ‘Cantiqucus further cost
—-— ‘Sha alter mfiavon
oo ai cee New even lower marie
صفحه 113:
rn GOLDEX
DMAN Gtrotege prictry > Tarcet Prictay GROUP
Fred Ludolph
ea
Re) ee ee
Sm | eer | | “erosions |]
‘Acie prom margin
[ سس |[ عسسه |[ Becton
سح
Whitaiion sade costs over ‘Cantiqucus further cost
—-— ‘Sha alter mfiavon
oo ai cee New even lower marie
صفحه 114:
GOLDEX لفلف
DMAN O10 @reavework ue
Fred Ludolph
VRIO Framework from Professor Jay Barney:
Valuable. An organisation’s resource needs to be \
is x
to allow a firm to choose strategies that exploit envirc 1
opportunities or neutralise a competitive threat.
@ Rare. An organisation's resource needs to be rare. If the
resource is available to competitors then exploiting the resource
will not generate competitive advantage and economic
performance will not be superior to rivals.
@ Cannot be imitated. An organisation's resource needs to be
costly to imitate. If it can beeasily imitated then competitors will
be able over time to take advantage of the profitsgenerated in the
market place to duplicate the rare resource.
@ Organising capability. An organisation needs to be able to
organise itself to exploit its valuable, rare and inimitable
resource. In a sense, this is a balancing factor in relation to the
KK ل
صفحه 115:
GOLDEX
Fred Ludolph
Econo
Implications
Below Normal
Normal
‘Above Normal
(atleast for some
amount of time)
‘Above Normal
Properly?
No
i
OR10 Pravework
No
Yes
Rare?
No
Yes
Yes
Valuable?
No
Yes
Yes
Yes
DMAN
صفحه 116:
RR GOLDEX
DMAN Oovre Cowpetewe GROUF
Fred Ludolph
۳ Core Ovwpetew es is what و Firs is uble to
perPorw wih exceleure powpared tr its poset
مسا راون همه( OGEO'’s >
۲
صفحه 117:
a= GOLDEX
DMAN = Core Cowpetewies GROUP
Fred Ludolph
Oore cowpetewes ore 3 ya oP productive skis oad teckubyes tat
و robe وا مه و provide a panier beach رو موه و
3 ۳ عونت جمشوجه ی
رن مخز
Owstower udke. Opwpetaies wnt woke a red kopont oa how the
TABtrer perceives the و در سا اوه ما services.
5 وال و6 This wast be oxepetivels vaique. جما خلا"
whole facksiqy hor the hil, thew oot ore wales the prpatratiras
سای ta the area ore really spect.
صفحه 118:
G@LDEX
GROUP
Fred Ludolph
Create
Which factors should
be created that
the industry has
never offered?
he Ovew Grueqy
The Pow و Pravework
Reduce
Which factors should
be reduced well
below the industry's
standard?
Eliminate
Which of the factors
takes for granted
should be eliminated?
Which factors should
be raised well
above the industry's
standard?
صفحه 119:
RR
DMAN @he Ovews Gruey G@LDEX
Fred Ludolph Fred Ludolph
-BEUZ
ال
STRATEGY
صفحه 120:
G@LDEX
@he Ovew Gruew مه
Fred Ludolph
Vke poy wo bed te cowpetiiod is te stop چاه ic beat
tke powpeticd!
The qesiod &! Wow db pou breck ot of he red ora
oF bhody cowpetiicd to wake the powpetiica irrefevodt?
Ohue Oveus Girateqy weucs i prea varvubsied سح
weet spwr.
Oost oP the blue poroos ore oreded Pro witic red
porous by expondiog exist iadusiry boundries, oF
Cine de Goteit did.
صفحه 121:
Fred Ludolph ملرسه1 صلهن)
Value innovation is
aN Li costs created in the region
where a company’s
actions favorably
affect both its cost
structure and its value
proposition to buyers.
Cost savings are made
by eliminating and
reducing the factors an
industry competes on.
Buyer value is lifted by
0 Buyer Value raising and creating
‘The Simultaneous Pursuit of Differentiation and Low Cost ¢/ements the industry
has never offered.
صفحه 122:
he Ovew Oruew G@LDEX
‘GROUP
Crew عون Fred Ludolph
The Strategy Canvas of Cirque du Soleil
High
Ringling Bros. and Bamum & Balloy Valuo Cugo
۳۹ ae
Cirque du Soleil
Value Curve
Regional
Greuses 1
>
Low ۳ 1 1 1 1
Pace ‘nial مضي | train and | مم Multia
shows snow وه productions
star ‘Awe genes Fun nave Retined “artic
ا ا ond cone pet rae
humor enironment andi dance
DMAN
صفحه 123:
RK G@LDEX
DMAN ۱
Fred Ludolph
هدوت هرود لا
Coe nea ee a anes تا
De ee ena a
“NESPRESSO.
oily