Europe: The contextual advertising market in Russia is worth $225 million. According to iConText the market has grown over two and a half times since 2006. Yandex, the Russian search engine and one of the biggest Russian Web portals online since 1997, could account for 64% of the market , accounting for $145 million. If you’re in the search ads market then it might be interesting to cast your eye over there.
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Here is correct data for the Russian market on See the news on http://blog.quintura.com/2008/02/06/russian-internet-advertising-market-to-grow-to-685-million-in-2008/
Typo: I wish it were 225 billion but unfortunately it must be 225 million