Fastener Fair Russia 2015

Why Exhibit?
Russia is predicted to become Europe’s largest consumer market by 2018, according to industry estimates. The country’s rising domestic consumption, a strong labour market with a decreasing unemployment rate and increased investment in infrastructure development are the main growth drivers.

Fastener Fair Russia offers companies of the fastener and fixing industry a dedicated trade exhibition to target this major growth market.

Russia at a glance
Population: 142.7 million (2012)
GDP: US$1.858 trillion (estimate 2012)
GDP growth forecast 2013: 2.4 percent
Major Fastener Markets

Automotive
Russia has become the second largest automotive market in Europe behind Germany and is predicted to remain attractive due to its current low light vehicle density and advanced age of car fleet
Sales of new light vehicles increased by 11% in 2012, with the annual growth forecast for 2013-16 estimated at 5% and at 4% for commercial vehicles
Positive outlook for the Russian bus market based on considerable age of vehicles used for passenger transportation and expected government support. Currently, more than 800,000 buses are in operation in Russia, 54% have been in use for more than 10 years.

Rail
Russia operates the world’s second-largest railway network with 85,000km
By 2030 Russian Railways (RZD) is investing €330.8 billion into a modernisation programme to upgrade the existing railway and to expand the network: Construction of up to 20,000km of new routes, upgrade of 13,800km of freight lines for heavy axle loads, as well as the acquisition of 23,300 modern locomotives, 29,500 passenger cars and nearly a million freight cars.
High-speed rail links are being built for large scale sporting events such as the FIFA World Cup in 2018 to link major Russian cities, total investment cost €137.5 billion
RZD is working on improving major east-west freight corridors in order to develop a fast transit corridor between Europe and Asia, such as planned investments of about US$6 billion in the development of the Trans-Siberian railway by 2020

Aviation
Russia’s “Development of the Aviation Industry for 2013-2025” program was approved in Dec 2012. Total funding US$56.6billion.
Government civil aviation program to increase the number of airports from 315 (2010) to 357 by 2020. Additionally major investments into airport upgrades to be completed by 2018: Moscow Sheremetyevo International Airport €32 million, Moscow Domodedovo Airport €1.5 billion, Moscow Vnukovo Airport €331.25 million, Tolmachevo Airport €7.5 million, Koltsovo International Airport €374.5million.
The government is actively trying to promote international co-operation by involving foreign players in new airport development projects in order to improve sectors where Russian manufacturers lack expertise
Russian carriers will need more than 1000 new passenger aircraft over the next 20 years

Construction
Major construction projects offer great opportunities for new and specialised fastener types, as domestic industry mainly produces simple fasteners
The construction industry in Russia continues to grow, driven by large, complex projects: major sporting events such as 2018 FIFA World Championship, construction of the space port Vostochny Kosmodrome by 2020, modernisation of the Northern Caucasus region by 2025, creation of the Russian ‘Silicon Valley’ in Solkovo.
€272.5 million is budgeted to improve tourist infrastructure. Russia needs to build or upgrade 19,000 hotel rooms to accommodate fans, according to FIFA estimates. Construction of 127 first class and luxury hotels is planned for next three years.

No company plan to attend this exhibition at present