Since 2017, the Russian economy has bottomed out. Although it is still suffering economic sanctions from western countries such as Europe and the United States, the devaluation of the ruble has been suppressed and stabilized. With the 2017 FIFA Confederations Cup and the 2018 World Cup approaching, many arena-centered venues and hospitality facilities are under construction, and many of Moscow's road facilities are under construction, Kerry Major projects such as the construction of Mia Bridge also attracted widespread attention from international builders, including Chinese enterprises.CNC Turning Titanium Brush Product Manufacturer
However, in such a huge market, the proportion of sales of local construction machinery manufacturing enterprises in Russia is not high. For the construction machinery industry, Russia, which is not supported by the local construction machinery, is attracting more and more Chinese construction machinery enterprises with its vast territory and abundant resources. At the same time, more importantly, the purchasing power of Russian construction contractors and equipment traders is gradually recovering. For example, the sales of Shandong Lingong in the first 4 months of this year increased by 80% over the same period of last year.
Exhibition is a mirror of the market, reflected in the scale of the exhibition, the number of exhibitors reached 557, compared with the previous 520 have a rising trend, a total of 93 Chinese exhibitors exhibitors exhibitors area of 977 square meters , Surpassing the previous 751 square meters. Coupled with the fact that more than 100 Chinese enterprises participated in the exhibition, a total of more than 100 Chinese enterprises participated in the exhibition. Some of the Chinese enterprises that participated in the exhibition independently or through local agencies also registered a substantial increase over the previous 66.Aluminium Brush Custom Cnc Machining Part Manufacturer
With the growth of market demand in Russia, Chinese construction machinery enterprises are also seeking new development opportunities by actively exploring the Russian market under the conditions of economic restructuring and upgrading.