High hopes for bauma CTT Russia 2018

A current upward trend in the Russian market for construction equipment has been welcomed by organisers of the 386 bauma CTT Russia 2018 exhibition in Moscow.

The major annual showpiece event, taking place 5-8 June 2018 at the Crocus Expo IEC, focuses on the construction markets of the entire Eastern European region in addition to the host country Russia.

The Russian market for construction machinery is again on the upswing after four weaker years. The Association of European Businesses (AEB)—the association in which European companies with branches in Russia are organized—has registered an increase of 58 percent in construction sales for the second quarter of this year compared to the same period last year. Consequently, the upward trend observed in the first quarter of 2017 is continuing, according to AEB.

Road construction is one factor driving this process. According to information from the German Engineering Federation (4293 VDMA), German deliveries of corresponding machines to Russia had a value of around €100 million in the first quarter of 2017. This corresponds to an increase of 29% compared to the same period of the previous year. The economic development agency of the Federal Republic of Germany, Germany Trade & Invest (GTAI), suspects two reasons behind this development: on the one hand, Russia wants to present international visitors to the FIFA World Cup 2018 taking place in their country with a first-class transport infrastructure. On the other hand, the machinery of many Russian contractors has become so outdated and only partially functional in the meantime that a very high need for modernization exists which can no longer be postponed.

bauma CTT RUSSIA 2018 is a great opportunity for the construction machinery industry to present itself to the resurgent Russian market. In 2017, 557 trade visitors from more than 30 countries took advantage of this chance. For all companies which decide now to participate in the trade fair, the organiser CTT Expo LLC provides application documents for downloading at %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external www.bauma-ctt.ru/en CTT Expo Application form link false http://www.bauma-ctt.ru/en/ false false%>. There is also the option to sign up for one of the country pavilions. Until now, joint booths are planned for China, Germany, Finland, Italy and the Czech Republic.