OREANDA-NEWS   The Russian-German Chamber of Commerce believes that sanctions do not interfere with German business in Russia to grow.

This was told to Izvestia by the chairman of the board of the organization, Mattias Schepp.

“According to the Bundesbank, over the past year, companies from Germany have invested € 3.2 billion in Russia. If we take the inflow and outflow of capital, this is the best result in the last 10 years,” said Schepp.

According to German entrepreneurs, Russia has a favorable investment climate due to the low exchange rate of the ruble and skilled labor.

Sanctions against Russia cannot be stopped by businessmen from Germany also because they are planning “a generation ahead”.