Frost & Sullivan: Russian Logistics Service Providers Rally to Recover from the Financial Crisis

Frost & Sullivan to Host Analyst Briefing on the Russian Logistics Market on Tuesday, July 6, 2010 at 3:00 pm BST

LONDON, June 24, 2010 - The Russian logistics industry suffered more than most from the 2009
global financial crisis. With the industry shrinking by 20.9 per cent,
Russian firms started dumping prices to retain clients while demand for
warehouses and private cargo traffic shrank over 30 per cent. Although
potentially highly lucrative for foreign players, the logistical
infrastructure in Russia needs a serious injection of capital to meet EU and
global standards. Moreover, continued economic instability, bureaucratic
red-tape, and managerial differences still pose serious barriers to entry.

    (Logo: photos.prnewswire.com/prnh/20081117/FSLOGO)
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To provide unique insights into the Russian logistics market, the
Automotive & Transportation Group at Frost & Sullivan (
www.transportation.frost.com) is pleased to announce that it will be
hosting an online analyst briefing presentation on Tuesday, 6 July, 2010 at
3:00 pm BST.

By discussing emerging trends and providing forward projections for the
Russian logistics market, this briefing will benefit logistics service
providers, interested financial institutions, and warehouse equipment
manufacturers.

Highlights of the briefing include analyses of: the demand for logistics
services, warehousing development, contract logistics, and state interference
in the economy.

"Until 2009, the market was growing over 10 per cent annually, but the
financial crisis struck a serious blow to both market participants and
customers. The Russian logistics market lags behind its European counterpart
because transportation and infrastructure remain gravely underdeveloped.
Nevertheless, with the development of contract logistics, the growing
turnover of the FMCG sector, the development of warehouses in the regions and
the implementation of modern IT solutions, the market holds promise for
investors," observes Dominik Buszta, Research Analyst at Frost & Sullivan's
Automotive & Transportation Practice.

To participate in this briefing, please email Monika Kwiecinska at
monika.kwiecinska@frost.com with: your full name, company name, title,
telephone number, e-mail, address, city, state and country and a registration
link will be e-mailed to you. You may also register to receive a recorded
version of the briefing at anytime by submitting the aforementioned contact
details.

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    Contact:
    Monika Kwiecinska
    Corporate Communications
    T: +48-(0)-22-390-4127
    F: +48-(0)-22-390-4160
    E: monika.kwiecinska@frost.com

www.frost.com

Monika Kwiecinska, Corporate Communications, Frost & Sullivan, +48-(0)-22-390-4127, fax, +48-(0)-22-390-4160, monika.kwiecinska at frost.com