RUSSIAN + CIS NEWS
Fastener Fair comes to Russia
With Fastener Fair Russia, from 12th – 14th March 2013
at the Lenexpo Exhibition Centre in St. Petersburg, companies of the fastener and fixings industry are now offered a dedicated trade exhibition to target this huge Eastern European market.
O
rganised by Restec-Brooks, a joint venture between Fastener Fair organisers Mack Brooks Exhibitions and their Russian partner Restec Exhibition Company, this launch event will be co-located with BLECH Russia, a highly
successful industry exhibition focussing on sheet metal working. After the global economic crisis, Russia’s economy has been
returning with a 4.1% increase in GDP in 2011. Industry experts anticipate that Russia will continue growing in the upcoming years and its economic growth will, once again, attract a wide range of international investors. In December 2011 the World Trade Organisation confirmed Russia’s accession as a full member further strengthening its international trade and industry relationships. Due to new infrastructure projects such as the high-speed
railway track from Moscow to St. Petersburg with an investment of some US$23 billion, and with Russia hosting the 2014 Winter Olympic Games as well as the 2018 World Cup alongside several other multi-billion investments in infrastructure, the country provides excellent business opportunities for both investors and manufacturing companies. “These positive market developments in Russia together with
KASKAD joined FEDIYMA Association
In October 2011 the KASKAD Plant joined the European Association of DIY Producers (FEDIYMA), which brings together producers from different countries supplying the DIY sector.
P
roduction and investment company KASKAD was founded in St. Petersburg in 2004 as a producer and distributor of a wide assortment of metal goods.
The basic stock list of goods, produced at the plant includes welded mesh, Rabitz type steel- wire fabric, panel barriers and accessories for assembling.
150 international exhibitors and 4,050 visitors attended BLECH Russia 2011
an increasing demand from companies in the fastener and fixing sector to approach this important market, made us launch a new Fastener Fair in St. Petersburg, Russia’s fastest growing industrial region,” says Susanne Rauberger, exhibition director of Fastener Fair Russia. She adds: “The region around St. Petersburg is renowned for
its automotive and shipbuilding production and as a centre for R&D, robotics, IT, metal working and the electronics industry. Fastener Fair Russia 2013, therefore, offers great business opportunities for local as well as international manufacturers, suppliers and traders of fastener and fixings technology.” Information on how to exhibit is available from the website:
www.fastenerfair.com
Customs trade off for car producers
From 2011 a tighter regime applies to car production in Russia, requiring plants producing more than 300,000 units to achieve a localisation level of greater than 60%.
I
n return the car producers are allowed discounted customs tariffs on imported auto components and are permitted to produce vehicles on a semi-knock down system as long as their output does not exceed five percent of total production volume.
These limits had earlier caused discontent in European Union countries
and had become an obstacle to Russia’s acceptance to the World Trade Organisation. According to the European countries the new scheme would result in imports of auto components to Russia being curtailed. As a result, Russia has committed to compensate those companies that reduce their imports of components by more than 25 percent. Production of motor cars under the new industrial assembly regime of the territory of the Russian Federation is expected to allow foreign companies to save US$5.14 billion.
34 Fastener + Fixing Magazine • Issue 73 January 2012
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