The Chinese company Tianshi will invest $500 thousand in the Russian economy by the end of this year, the report says Tiens Group.
The investments are designed to find unique Russian products and bring them to the international market. The expected additional revenue from these investments will be from $3 million to $5 million already in 2023.
The pandemic has contributed to the rapid growth of online sales of Tianshi, today the global customer base of Tianshi unites more than 47 million customers and partners.
Tiens Group is a multinational company developing business in 224 countries around the world. The company has been known for 27 years as a major manufacturer of dietary supplements sold on the principle of direct sales, during this time it has been able to develop several business areas, including: health products, cosmetics, household chemicals, hotel chain, logistics, online marketplace, etc.
Tianshi Corporation has its main production bases in China, they are complemented by factories and distribution logistics centers in America, Japan, Peru, Spain, Norway, Russia, India, Malaysia, Indonesia and other countries. Along with this, the company has built production bases in Vietnam and Ethiopia.
