Investors delve into Russia’s regions

Foreign investors have made fortunes investing in Russia. But now they are looking to go deeper, and are packing their bags to discover Russia’s regions. Julian Evans reports from three of Russia’s developing regions.

Tatarstan: Grandpa’s republic

Krasnoyarsk: a long way from everywhere

Krasnodar: ‘the best place to live in Russia’

MATTHIAS WESTMAN, CEO of Prosperity Capital Management and one of the more experienced western fund managers working in Russia, is excited. He thinks he’s discovered the next big thing in the Russian markets. “It’s a pig farm,” he enthuses. “A pig farm in Yaroslavl. Actually, it’s more like five or six large-scale pig farms. They’ve got around $1 billion in sales a year.”

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