18 June 2015
Radius Group Managing Director Christopher Van Riet interviewed by CNBC
Radius Managing Director, Christopher Van Riet, speaks to CNBC about the current economic and investment climate in Russia, including challenges and opportunities. While cost of funding has increased due to sanctions, businesses who see the large educated market as an opportunity will find ways to remain committed to the long term. Some companies are using equity to fund though the current high interest rate environment, and necessary reforms are being seen at some levels of government. Today's economic situation is challenging but not as difficult as the1990’s. The high cost of capital means that returns for any business endeavor must be high, but once the cycle turns, banks will start lending again and businesses will be rewarde