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Peter Westin Quotes

«When you ask most people, they'll say they don't believe these numbers. But the fact is, the average customer check at an IKEA furniture store in Moscow is about the same as the average check at an IKEA store in Sweden.»
Author: Peter Westin
«When considering wage increases, we cannot forget that people are still not recording a lot of the money they earn.»
Author: Peter Westin
«Of course, it may be that Russians are willing to spend more on furniture. But I think that is unlikely.»
Author: Peter Westin
«In that sense Russia is a good option.»
Author: Peter Westin
«It's a very good sign that things are going in the right direction.»
Author: Peter Westin
«For a private buyer, it is unfathomable to purchase a company under these conditions.»
Author: Peter Westin
«Removing the demand to transfer money into a Russian bank is a positive move. This means that the actual funds can be kept anywhere.»
Author: Peter Westin
«It's been winding down quickly.»
Author: Peter Westin
«Getting more money into the banking system would not only help to fight inflation but also help to boost investment because the banks would have more assets available for credits.»
Author: Peter Westin
«One thing the Kremlin has addressed is the issue of state control. Not that it's gone away, but the government is producing a list of sectors where foreign ownership will be limited.»
Author: Peter Westin