NEWS5 January 2011

Russian research market grew 15% in 2010, says OIROM

Europe Financials

RUSSIA— The research market in Russia delivered a solid performance in 2010, according to the Russian Association for Market and Opinion Research (OIROM), with growth reported at 15% in local currency.

Estimates in US dollars pegged growth at 20% to $320m, almost returning to levels last seen in 2008 when turnover was $325m.

Reports of the OIROM numbers come from the blog of Dmitry Ponomarev of research firm Leancor.