Food retail wins the trade law battle

Overview

Success often breeds new risks. That has proved to be the case for the fast-growing modern food retail sector that has emerged in Russia since the 1990s and which, through its four listed companies (all still growing, despite the current recession), has provided portfolio equity investors with stellar returns. The risk in question has stemmed from the two-year gestation of a new law addressing competition issues in Russia’s food trade.

Analysis of this new trade law – now submitted...