Good prospects for construction machinery companies in Russia

Good prospects for construction machinery companies in Russia The Russian government recently announced that it will optimize Russian infrastructure projects. If foreign companies bid successfully, they will be allowed to participate in the construction of highways in the Russian Federation and regions. From the development of recent years, China’s construction machinery companies have established close cooperation with Russia. The relationship between China's construction machinery companies have entered Russia to set up subsidiaries offices, import construction machinery products.

On December 8, 2012, the Sanho Intelligent Equipment Group Russia office was officially established in Moscow. This is the first office of the Sanhe Intelligent Equipment Group in Russia. 28,008 transnational direct trains originated from Liuzhou South Station. 50 flatbed trucks carried 87 industrial machinery manufactured by Liugong Machinery Co., Ltd. to Russia. December 21, 2012 21:56. Changlin Russia Construction Machinery Co., Ltd. successfully obtained a business license, and the beginning of the new year 2013. Marks the official establishment of a Russian subsidiary. Zoomlion began operations in Russia in 2006 and its sales this year are expected to exceed US$60 million.

As one of the countries that dominate the world, Russia. With rich mineral resources, Russia’s construction industry is growing rapidly. Since 2000, Russia has become one of the fastest growing countries in the world of construction. The annual increase in the construction market of 10-15% has also driven the demand for the construction machinery market. It is predicted that in the 2012-2016 period, the CIS market, including Russia, will increase sales as the demand for construction machinery increases. It will grow by an average of 12.2% per year. Such a large market provides a huge opportunity for friendly neighboring China. The Russian government announced that it allows foreign companies to participate in the construction of highways in the Russian Federation and in the region. It is undoubtedly a good opportunity for China’s construction machinery companies to have unlimited “money” opportunities.

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