Report
Alessio Chiesa ...
  • Raffaella Tenconi

WOOD Flash – Russia macro: trip feedback snapshot

Our recent trip to Russia, where we focused on meetings with the ministries, institutions, business networks, etc., reinforced some of our convictions that macro policy in the country is returning to a pre-pandemic conservative stance at a fast pace. It also highlighted that some ongoing changes in Russian society may lead to fruitful “dividends”, in terms of potential growth in the coming years, thanks to the more dynamic late-millennials/Gen-Z cohorts. We left the country just before the new COVID-19 restrictions were imposed, and we see the current COVID-19 dynamics as a potential risk to growth that, together with the recent moderation in the leading indicators, curbs the prospects of above-4% growth for the year, in our view.
Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Alessio Chiesa

Raffaella Tenconi

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