The Russian advertising market may amount to $5bn by 2005, which is 2.5 times higher than in 2002, Eduard Sagalayev, the President of the National Association of TV and Radio Broadcasters, said in an interview with RBC. This forecast will come true, if the consumer market continues developing further with the expected dynamics and economic stability remains, he stressed.
Sagalayev believes that the share of social advertising will be advancing on the market. At present in Russia it amounts to about $20m (1 percent of the total market volume), according to different estimations.
As reported earlier, the Russian advertising market was $1.75bn last year, compared to $1.7bn in 1997, before the 1998 financial crisis.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part