Machinery and engineering in Russia is one of the most promising sectors of the Russian economy for foreign investors. The large market offers numerous development and growth potentials, which can be systematically developed by western companies.
The products of western machine and engineering companies are highly valued in Russia, especially for their proven quality, durability and robustness.
With many years of experience and extensive know-how, foreign manufacturers regularly succeed in distinguishing themselves from their Russian competitors. As a result, a significant part of the equipment used in the various economic sectors of the Russian economy comes from abroad or at least from foreign companies. These trends apply not only to new and expanding, but also to the exchange and modernization of existing structures.
The need resulting from this imbalance offers numerous opportunities for Western companies to benefit in different ways through export to, or localization and subsequent distribution within Russia.