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MARKET RESEARCH INSTITUTE (VNIKI)

More than 75 years of leadership and expertise in the field of foreign trade consulting.

The direct predecessors of VNIKI were the Scientific Research Institute of the Monopoly of Foreign Trade (1929-1939) and the Conjuncture Institute (1939-1941) of the People's Commissariat of Foreign Trade of the USSR.

In its current form, the «Market Research Institute» was established on June 12, 1947 as a division of the USSR Ministry of Foreign Trade (NIKI MVT USSR) in order to provide scientific and information support to the Ministry and other government organizations and departments in developing foreign economic policy and solving practical problems of foreign trade. The Institute was tasked with studying economics, foreign trade, trade policy of foreign countries, the conjuncture of world commodity markets, collecting and processing foreign commercial information for foreign economic organizations, advising them on the conjuncture and concluding foreign trade contracts.

In April 1948, the Institute began publishing the information and analytical Bulletin of Foreign Commercial Information (BIKI), a unique periodical on foreign economic issues, published three times a week. The BIKI information resource consisted of its own offices in New York, London, Paris, Bonn, Tokyo and Delhi, special correspondents on the staff of the USSR trade missions in many countries of the world, as well as subscriptions to foreign publications.

In 1972, the Institute was awarded the Order of the Red Banner of Labor as one of the first scientific institutions in the country with an economic profile for promoting the development of foreign trade in the USSR.

In the 1970s, an important area of the Institute's work was the development of short-term forecasts for a wide range of raw materials and agricultural products based on multifactorial economic and mathematical regression models.

In 1978, the Institute was awarded the status of an All-Union Institute with the assignment of additional functions of methodological guidance to the work of industry institutes in the field of studying the conjuncture of global commodity markets and increasing the competitiveness of domestic exports.

During the restructuring of the country's economy and the reform of its foreign economic authorities, in 1988 VNIKI was merged with the Scientific Research Institute for Economic and Technical Cooperation with Foreign Countries of the USSR State Committee for Economic Cooperation with Foreign Countries (NIIETS GCES).

In carrying out its functions, the Institute has always relied on highly qualified human resources and a solid scientific and information base. In the 1970s and early 80s, VNIKI had 400-450 employees, and after the merger with NIIETS - 595 people.

Scientific personnel, providing a junction between the country's state-monopolistic Soviet economic system and the foreign market economy, gained experience working directly at the Institute and abroad – as part of embassies, trade missions, representative offices of the GCES, international organizations of the UN system, foreign firms, as well as in the office of the Ministry of Internal Affairs, GCES and All-Union trade Associations.

Senior officials of presidential and government structures, a Minister and four Deputy Ministers of Foreign Economic Relations, 15 Trade representatives, a former Chairman of the country's State Bank, and two corresponding members of the Russian Academy of Sciences left the Institute. A number of specialists of VNIKI hold responsible positions in banks, commercial and industrial firms, and business organizations.

In the 1990s, the fundamental restructuring of the entire economic system of the new Russia: the transition from state ownership and centralized planning, the monopoly of foreign trade, to a private economy, a market economy with large-scale liberalization of foreign economic activity and the involvement of a huge number of subjects in it, as well as the technical revolution, especially in the field of informatization – all this created new conditions in the foreign economic sphere, it has caused new needs for its scientific and information support.

The reorganization of government agencies responsible for foreign economic activity led to institutional changes in foreign economic research. In 1994, VNIKI was transformed into an open joint-stock company. Drawing on its many years of experience working at the intersection of the market economy, the Institute was able to quickly adapt to changing market needs, encompassing new, unconventional areas of activity and expanding its focus and formats, including analyzing the Russian domestic market, studying the country's foreign economic and trade policies, the study of trade in services, international financial flows, investment cooperation.

In the late 1980s and early 1990s, VNIKI played an active role in addressing pressing applied issues of international trade and economic cooperation. The Institute pioneered expert and informational work on Russia's accession to the WTO. Many international organizations, including the IMF, the World Bank, the Eurasian Economic Commission, ESCAP, and the International Chamber of Commerce, commissioned VNIKI's expert and analytical work.

As an independent research and consulting company in the field of economics, VNIKI continued its expert and consulting cooperation with government agencies, primarily the Ministry of Economic Development, the Ministry of Industry and Trade, the Federal Tax Service and others. The largest Russian and foreign manufacturing and trading companies, city, regional and regional administrations, and well-known consulting firms have also become clients and partners of the Institute.


Four main areas of work have been identified in the activities of VNIKI

1. Scientific research:

- the study of foreign economic relations and foreign economic, including trade, policy of Russia, issues of regional and multilateral economic cooperation of the Russian Federation;

- development of methodological recommendations for improving foreign trade statistics, prompt and high-quality processing of statistical information at the request of government agencies and participants in foreign economic activity, as well as in the process of cooperation with international organizations.

2. Information, analytical and expert consulting:

- collection, processing and dissemination of foreign economic information – country, industry, foreign trade, market, price, corporate, trade and political, both in the form of short operational information and in the form of more detailed analytical developments;

- advising government agencies and Russian companies on foreign trade pricing, price and other conditions of foreign economic transactions; expertise and justification of competitive (market) prices and terms of transactions in foreign and domestic markets;

- development of feasibility studies with subsequent consulting support of investment projects, review of investment projects and programs.

3. Market research:

- study of the situation not only of the external, but also of the domestic market, preparation of marketing research and business plans, development of corporate market strategies;

- comprehensive economic research in the field of competitiveness, export potential and import substitution, creation and functioning of special economic zones, and foreign economic activity of the subjects of the Russian Federation.

4. An editorial and publishing company focused on the production of specialized scientific, informational and reference publications in Russia. The Institute's flagship publication, BIKI – has expanded its audience by regularly covering issues of Russia's foreign economic activity, its customs and currency regulation, and Russia's participation in international organizations and agreements.


Contacts

ALL-UNION MARKET RESEARCH INSTITUTE (VNIKI)

4, Pudovkina St., Moscow, 119285

+7 (499) 143-02-61

office@vniki.ru