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Old 18th June 2011, 09:49 PM
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Russia: Internet Economy Set for 30% Per Year Boom

The Internet economy will see “rapid future growth” in Russia between now and 2015, suggests a newly released report commissioned by Google and prepared by the Boston Consulting Group.

But it is unclear whether Skolkovo, the Russian version of Silicon Valley, will have any role in the new cyber-economy.

The country's Internet economy — Europe's second largest Internet market after Germany — will potentially account for up to 3.7 percent of its gross domestic product by 2015, the report predicts, up from 1.6 percent of GDP in 2009 when it was valued at $19 billion.

http://www.themoscowtimes.com/busine...om/437153.html
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