There is every reason for optimism in view of the general economic conditions. Gross fixed capital formation in Russia has been increasing again for three years now; up to the end of the third quarter of 2017, it amounted to € 149 billion and a forecast by GTAI (Germany Trade & Invest) indicates that growth ought to be continuing in the current calendar year too – by up to 3 %.
The industry is therefore extremely positive about the future and the Russian market. A total of about 60 companies from 12 different countries – including Germany, China, India, Italy and the USA – will be presenting technologies for metal in all its forms – from the obtainment of raw materials to the installation and maintenance of metallurgical equipment, fully networked process technology, foundry technology and castings – during the four days of these trade fairs.
Metallurgy-Litmash is organized by Messe Düsseldorf GmbH, its Russian subsidiary OOO Messe Düsseldorf Moscow and their joint partner Metal Expo. The event is also being supported by the German Ministry for Economic Affairs and Energy and VDMA (Mechanical Engineering Industry Association) as well as by the international industry associations CEMAFON (The European Foundry Equipment Suppliers Association), CECOF (The European Committee of Industrial Furnace and Heating Equipment Associations) and EUnited Metallurgy (European Metallurgical Equipment Association).
For further information please visit: www.metallurgy-russia.com and www.litmash-russia.com