Exports of engineering equipment from Germany to Russia grew

Russia once again increased the procurement of engineering equipment from Germany. In the first seven months of 2010 the volume of its sales in Russia increased by 9 percent compared with the same period last year and exceeded $ 3 billion. These data were presented on Tuesday, September 28, the Association of German manufacturers of machinery and equipment (VDMA).

Cooperation in the engineering industry is gaining momentum

"Despite the fact that the global financial crisis has greatly affected the mechanical engineering industry, in the present, cooperation between the two countries in this area is once again gaining momentum", — quotes agency DAPD statements VDMA President Manfred Vittenshtayna (Manfred Wittenstein), made by him during the trip to Moscow. The greatest demand Russian enterprises uses the equipment for the production of food and building materials, equipment for the manufacture of packaging and mining, as well as machine tools, stroyoborudovanie and pneumatic equipment for general use.

For Germany, the Russian market — the fifth value in the world

German technology, according to the VDMA, is almost a quarter of all imports to the Russian machine-building equipment. In addition, Russia is imported machinery from Italy, Canada and the United States. "Russia is for our industry is not only one of the most important markets in Eastern Europe and the fifth by value in the world export market", — quotes agency Manfred Vittenshtayna ots. "The Russian market has a huge potential," — said the president of VDMA at the fair held in Moscow «Industrial Trade Fair Moscow».

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