Do not forget about different important formalities when choosing export to Russian market
Many companies start thinking about entering Russian market. Apparently, it makes a lot of sense as this market is one of the faster growing markets globally.
While many Russian citizens start to be richer and the middle class appears, they begins to to look for various products as well as services, that they were not able to buy several years before.
Because of this, plenty of new companies might find new sales markets as well as loyal clients. Nevertheless, even though this market offers many possibilities, it also requires many Formalities and different certificates. Foreign company needs to follow specific rules, that might be quite strict. As Russia does not belong to the European Union, this country has its own various papers as well as certifications which potential exporter has to gain. The main one is widely known as Russian gost. See whole articel:
The word “gost” stands for “norm” in Russian. Once you understand it, it becomes pretty obvious what are the purpose of this document, that is also called gost r. It is necessary to obtain this certificate by any foreign firm which wants to sell its products and services to Russia. However, this may be a little confusing, as Russian gost is required only for some kind of products, as for instance materials which will have contact with human beings, numerous industrial equipment for food or electrical goods. Additionally, gost r can be issued for a few years (usually one or three) or for only 1 time shipment. See more here:
Because those formalities are hard to understand for a business which just starts the ”journey” with Russian market, this might be beneficial to use services of external firm that specialises in this field.