2.4.4 Russia

The prospects for the Russian economy in general is not good with zero gross domestic product (GDP) growth in 2014 and a 0.25% recession likely in 2015. The value of central systems fell sharply in 2014 to around US$ 400 million and for 2015 is likely to end up at less than US$ 300 million. Any recovery will be unlikely before 2017/2018.