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RUSSIAN + CIS NEWS


FASTTEC will be staged by ITE Group Alexander Ostashov, Editor


Fastener, Adhesives, Tools and… Magazine www.fastinfo.ru


ITE Group, the London headquartered organiser of international specialised exhibitions has acquired MVK Company, the Russian exhibition organiser responsible for the Moscow FASTTEC fastener exhibition.


team of employees and partners, who founded this business and possess the necessary experience and knowledge of organising events, will start working with us.” ITE purchased MVK, which owns twenty exhibitions with annual volume sales of more than 55,000 square metres, for


A


lexander Shtalenkov, the general director of ITE in Moscow, commented: “Wonderful conditions for the further growth of ITE have been created… Firmness and continuity are important factors and I am glad that MVK


33 million euros in cash. ITE says the acquisition will strengthen the Group’s core activities in the growth markets of Russia and the CIS. In the last quarter of 2010 ITE staged one of its top ten most profitable shows, the Kazakhstan Oil and Gas Exhibition & Conference. ITE organises more than 180 trade events per year, fifty of which are staged in Moscow, St. Petersburg, or Novosibirsk. More than seventy events are staged in central Asia and the Caucasus, and another twenty in the Ukraine and Turkey.


New HDG fastener production in Russia


In January 2011 the Metalogika Company began volume production of fasteners with thermo diffused and hot-dip-galvanised at its facilities in Ekaterinburg.


M T


etalogika Group of Companies is a distributor of hardware products and welding equipment and consumables. At the beginning of 2010 the company started to produce fasteners according to the customer drawings primarily precision metal machining on CNC equipment.


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Protective duties approved by prime minister


The investigation regarding fasteners imported to Russia, which was started by the Ministry of Industry and Trade of the RF more than 20 months ago, has been completed. On 12th


February the Prime Minister


Vladimir Putin signed a resolution of the Government of the RF #68 implementing a special protective measure for the definite types of fasteners.


he special protective duty equivalent to US$282.4 per tonne has been applied for a period of three years to the following types of imported fasteners:


• Threaded bolts from ferrous metals with hexagon or scup head and/or nib and/or square shoulder with diameter of exterior thread from 6mm through 30mm (except bolts with additional elements of construction, flange, clamp and/or pointed end).


• Hexagon nuts from ferrous metals with inner diameter from 5mm through 30mm (except nuts with additional elements of construction, flange, clamp and domed nuts).


• Single-turn spring washers from ferrous metals with diameter from 6mm through 42mm. The special duty does not apply to the imports of fasteners


from the Belarus Republic, as well as from developing countries falling under the national preference system of the Russian Federation, excluding the People’s Republic of China, Taiwan and special administrative regions of Hong Kong and Macao.


32 Fastener + Fixing Magazine • Issue 68 March 2011 .metalogika.ru


New car assembly rules require increased localisation


New rules for the industrial assembling of motor cars came into force on 1st


February. According


to the comments of Elvira Nabiulina, the head of the ministry for the economic development of the Russian federation, the new regime is applied to stimulate the production of car components within the territory of Russia.


“T


he current agreements are renewed for eight years more for those producers of motor cars, which achieve the following parameters: production volume greater than 300,000 cars;


localisation level of 60% and up to 30% for engines, meaning parts installed on those cars must be produced in the territory of Russia,” the Government press centre quoted Nabiulina’s comments, “plus, R&D centres are to be created”. “Those producers, which do not move to the new regime


will continue to be able to work within the framework of the previous regime for the meantime,” underlined the minister. In his turn, the prime minister of the Russian Federation,


Vladimir Putin, added that duty free import of components would be guaranteed only to those foreign producers and enterprises with foreign ownership, which bring localisation to the level of 60% by year 2020. The customs duty from which car components are currently exempt under the framework averages 12.5%.


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