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14-16 VVC Moscow Fastener Fair Russia-Exhibition for Fastener and Fixing Technology.

Update time:2014-04-19  Source: Railway Fastener  

Fastener Fair Russia 2014 in Moscow is a highly focused exhibition exclusively dedicated to fastener and fixing technologies. Fastener Fair Russia will be held during May14-16th at VVC Exhibition Center in Moscow.

Russia Railway Fastener Fair

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 Fastener Market 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 and Automotive Fasteners

  • 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 and Railway Fasteners

  • 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 Fastener market

  • 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 Fastener Market

  • 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.
  • By 2018, a toll motorway will connect Moscow and St. Petersburg; existing federal motorways linking the capital with other World Cup host cities will be upgraded, most of them fully or partially switching to a toll system.

Petrochemicals Fastener Market

  • Oil & gas industries are key contributors to the economy
  • Russia holds the world's largest natural gas reserves, second largest coal and eight largest oil reserves. Russia is the largest exporter of natural gas, second largest exporter of oil and the third largest energy consumer

Energy Related Fastener Market

  • Energy operation is a key market for fastener products in Russia and the industry is due to be modernised by 2020
  • 2.5 million km of power lines in operation, between 70% and 90% need to be replaced urgently
  • Investment in grid development is estimated at €75 million in 2011, €124 in 2015. 60%-80% of the equipment is sourced from foreign companies.

Defence

  • For military modernisation and restructuring, the State Armaments Programme (SAP) is calling for €551 billion to be spent between 2011 and 2020
  • By 2030, 4,5% of all electricity produced is targeted to come from renewable sources

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