RUSSIAN + CIS NEWS
Alexander Ostashov, editor Fastener, Adhesives, Tools and…Magazine
www.fastinfo.ru
New director general for Prommetiz
Boris Mikhaylovich Yarantzev was appointed director general of the Prommetiz – an association of Russia’s largest hardware producers - by the general assembly of its members.
Russian producers of metal fasteners. M T
Basalt fibre polymers to be developed
Rosnano, a state owned venture aimed at commercialising nanotechnology, has signed an investment agreement together with the Galen Company to establish commercial production of components from composite nanostructurised polymers based on basalt fibre.
he material has superior physical-mechanical properties to glass fibre and is reported to be significantly cheaper to produce than carbon fibre. Basalt is washed and melted at temperatures in excess of 1,400°C and then
extruded to produce continuous fibre filaments. The total budget of the project will be about 500 million rubles
(12 million euros), of which Rosnano will finance 40 percent. By 2016 the project company is expected to produce 2,500
to 3,000 tonnes of product, which will include shaft linings for the mining industry, fittings, flexible couplings and dowels for constructional; composite pump rods for crude oil production; street lighting pillars and power transmission lines.
Car market recovering at record pace
Russian sales of new cars grew by 75 percent in money terms and 45 percent in quantitative terms from January to September 2011.
T
his impressive data on the growth of the Russian automotive market was published in the review of Price Waterhouse Coopers. For comparison, the real disposable incomes of the public grew at a tenth of the
pace – only about 3 percent compared with the same month of the previous year. In spite of the modest income growth, though, Russian people are buying more expensive cars. Experts see the main reason for the sales growth as
improvement in credit availability. “2.2 million cars have been sold in only for 10 months, which is 42.5 percent more than for the same period in 2010. At the same time, the sales of the irreplaceable AutoVAZ leaders Lada Kalina and Lada Priora have fallen by 4.2 percent and 15.4 percent respectively, while the sales of the so called ‘VAZ classics’ dropped by 28.7 percent. In some way it is the market response to the ending of the state subsidy programme”, says Kirill Markin, an analyst at Investcafe.
St. Petersburg auto plants triple output
According to the Auto-Dealer-Spb Agency, automobile plants in St. Petersburg produced 29,700 motor cars in October, 3.3 times more than last year.
T
he Agency provides the best index for the total production volume per month for Hyundai, General Motors, Nissan and Toyota plants. For the first ten months of the current year plants in St. Petersburg produced 196,800 cars, 3.8 times more than for the same period last year. Summarising the results of the ten months of 2011, the share of St. Petersburg automobile industry in relation to
All-Russia volume reached 14.05%. However, according to Mikhail Chaplygin, the general director of the Agency, the plants of the North Capital are approaching the limit of their production capabilities. St. Petersburg plants of Toyota, GM, Nissan and Hyundai produce eight models: Chevrolet Cruze, Opel Antara, Nissan Teana,
Nissan X-Trail, Nissan Murano, Toyota Camry, Hyundai Solaris and Kia Rio. Four of them - Solaris, Astra, Cruze and Rio were among the 25 best sellers in Russia.
32 Fastener + Fixing Magazine • Issue 73 January 2012
r Yarantzev started his career at the Orlovskiy Steel Rolling Plant in 1972. In 1986 he joined the Ministry of Ferrous Metallurgy of the Soviet Union. When the Ministry was reorganised in 1991 he started to work as a vice director in the trading company Metallurgy and later as the general director of the company Finances and Metal. Since April 2005 Boris Mikhaylovich has worked as a deputy director general of the Prommetiz Association, representing the largest
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