Search results
Leisure time in Russian business culture. In the meantime, try to enjoy the unique Russian business culture. The socializing aspect of business life makes working in Russia very pleasant. You may suddenly get an invitation to spend the weekend in the dacha of your business partner. Business dinners at the home of the business partner are also ...
Doing Business in Russia. Russia is the world’s largest energy exporter which should mean that its economy is strong and that its people prosper. However, a combination of oil price volatility and the impact of economic sanctions put in place in response to perceived Russian military aggression have resulted in years of recession.
- Meetings
- Negotiations
- Camaraderie
- Considerations
You should make appointments well in advance and arrive punctually. However, consider they may be cancelled on short notice.Engage in a long period of socialisation before beginning to discuss business.Be patient and expect meetings to run for a longer duration than scheduled.There may be multiple interruptions to the flow of the meeting as people follow different tangents and discussions.Russian negotiators are often very experienced. When several people from their business attend a meeting, they speak with one voice – reaffirming a single position. It will usually be clear which a...They may ask you to speak first to evaluate your position before giving their own.The initial objective they present is usually an understatement of what they expect to achieve.Talk to them as equals and do not come across as condescending. They are quite status conscious.It is important that you build a good rapport and trust with your Russian counterpart. Favours and opportunities are often provided on the basis of emotional trust alone (see Blat in Core Conceptsfor more information). Personal business relationships can sometimes be the only motivator that helps achieve progress during deadlocks in negotiations. H...
The Russian workplace and business culture will generally have a strong hierarchy at all levels. There are clear mandates for all tasks.Respect the strong power structure within a business. Ignoring a seating arrangement or speaking order can make it awkward. Do not try to single out a Russian from the group to speak out, as dissid...Expect rules and policies to be less rigidly enforced. While some aspects of business are regulated and taxed heavily by the government, there is often less concern for procedural requirements.While meetings and negotiations can be prolonged and slow, the Russian business cycle can progress faster than that in Australia. It is common to sign contracts on the same day they are proposed. C...Nov 21, 2021 · The Russian business attire is formal and conservative both for men and women. Russians value elegance but they believe that modesty should come before style. Women are expected to wear business suits or long dresses. Men, on the other hand, should wear dark-colored suits with a white shirt and a discreet tie.
Gifts are highly valued in the Russian business culture, and American businessmen should offer small tokens of appreciation to their Russian partners. These gifts are a sign of respect and concern ...
Doing Business in Russia. The largest country worldwide by area, spanning over one-eighth of the Earth’s inhabited land, Russia has eleven time zones, a multitude of environments and a rich cultural mixture. The country has a colourful and often turbulent history with the defeat of the Russian Empire in World War I resulting in the seizure of ...
Jul 13, 2014 · Knowledge of “high culture” is valued, and the ability to talk about works of art and literature is appreciated. Russia is a meeting of Europe and Asia, and their cultural portrait reflects this. Time, ‘before and after’ your business meeting. Image (CC) by Aleksander Markin – Russia State Transport Company Ilyushin Il-96-300PU RA-96016
