The Report ‘Global Oil Multinationals - Strategies to Survive the Global Recession and a Lower Oil Price’ by analyst Global Data, part of the report publisher Global Markets Direct, analyzes the market risks facing the industry and the strategies that the companies can adopt to survive and grow in the current business environment. The report provides an overview and an in-depth analysis of the factors that led to the financial crisis and the global economic slowdown, the risks and challenges for the companies in the oil and gas industry and an analysis of the various strategies that different categories of companies (National oil companies, International oil companies and Independent oil & gas companies) can adopt to counter the key industry challenges

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The new report Retailing in Russia 2009 published this week by retail analysts Verdict Research, part of the Datamonitor Group, finds that despite the damaging impact  of the global financial crisis, the long-term growth potential of the Russian retail market remains huge. Once initial barriers such as poor infrastructure and an uncertain legislative framework are overcome, Russia’s large population and expansive geography spanning 11 time zones will represent a sizeable market in which retailers can grow large-scale operations. As per capita expenditure will catch up with the West eventually, the Russian opportunity is simply too big to be missed.

Russia’s retail market has grown at a tremendous pace, by almost 500% over the last decade, reaching $451 billion in 2008. While the credit crunch and global financial crisis have dampened immediate-term growth prospects, a longer-term view of the market indicates significant growth opportunities for retailers in the country. Verdict Research forecasts that by 2012 the Russian retail market will be approaching $800 billion. Such a sizeable market will be difficult for any retailer to disregard.

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