Procter & Gamble Target Russia for Acquisitions and Growth

No specific acquisition targets so far. The company has received a lot of support from the country's government in doing its business.

Procter &
Gamble has declared its intention to achieve double-digit growth in
Russia as well as making a number of acquisitions in the country.

Speaking in St Petersburg, the company
CEO Robert McDonald is reported as saying: "(The) Russian market
is outstanding, it's a promising market which will continue to grow."