Plus Licens Russia today announced a 148% revenue growth for the fiscal year which ended April 30, 2011.

Says Paul Tush, Managing Director at Plus Licens Russia: - These figures reflect our commitment to the characters and brands in our strong property portfolio from a large number of the world's most successful licensors. Adds Peder Tamm, president of the Plus Licens group: - Plus Licens has been active on the Russian market for nearly twenty years. Our business model is still based on continuous investment in support staff, which means bigger sales and long-term licensing programs. While licensing means speaking for others, the results of the professionalism and competence of Paul Tush and his experienced workforce speak for themselves.

Following the expansion, Plus Licens Russia has recently moved its office to new and larger business premises in central Moscow and also expanded its staff with new members. Vadim Kalinin will handle publishing and also assist managing director Paul Tush on TV / DVD deals in the region. Vadim Kalinin comes to Plus Licens from Mir Knigi - the largest mail order company in Russia, where he was responsible for book series / collectables assortment decisions and dealt with all major publishers in Russia.