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The Richest Woman in the World: How Gina Rinehart Earns her Billions"In Russia, as in many other emerging markets, a new crop of homegrown companies is on the rise," says global expert John Christy, editor of The Forbes International Investment Report.
He says, "While relatively unknown outside their home markets, these firms have proven to be worthy competitors against much bigger multinationals." Here's a look at Wimm-Bill-Dann Foods (NYSE: WBD).
"In a research report in March, the Boston Consulting Group (BCG) called these emerging companies 'Local Dynamos'. Wimm-Bill-Dann Foods was one of just three Russian companies to qualify for BCG's exclusive list. WBD is Russia's largest food and beverage company.
"It has a whopping 76% market share for dairy products like milk and yogurt.It is the #3 player in beverages,mainly fruit juices,and it has the #1 market share for baby food in Russia.
"In developed markets, selling baby food and fruit juice is a mature,ifnot mundane business.But in Russia,these can still be considered relatively attractive growth opportunities.
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