A sign of better times? Advertising spending
f corporate advertising budgets are any guide, the Russian economy is doing well. According to The Moscow Times, annual advertising sales were $1.1-1.4 bn last year, the first time they have crossed the $1 bn mark since 1997. This represents a 45% increase over 1999 and is a clear signal that foreign companies are returning to the market.
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Russian Life is a publication of a 30-year-young, award-winning publishing house that creates a bimonthly magazine, books, maps, and other products for Russophiles the world over.
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