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Ice and Amafond lead the Italian enterprises to Wire Russia 2013.
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Russia and the CIS represent a very dynamic market where the development of the middle class and the resulting increase in the demand of durables and non-durables have generated a continuous growth of the semi-finished product mechanical industry, especially the automotive, building, energy and telecommunication sectors, traditional buyers of metal wires and cables.
The Italian industry producing metal wire and optical fiber cable processing machines consists of about 120 firms (including producers of accessories, check devices, etc.). ICE – Italian agency for Export Trade – and the trade union Acimaf organized a delegation of 36 Italian companies in the metal wire and optical fiber cable processing machine sector with the aim of visiting the two-year expo Wire Russia 2013 held in Moscow at the Expocenter Fairgrounds from 25th to 28th June 2013. Since the yearly exhibition Metallurgy Litmash Russia ran parallel to Wire Russia 2013, ICE and the trade union Amafond organized a delegation of 18 Italian companies in the foundry sector thus contributing to the massive presence of operators from the mechanical sector in order for the expo to be more interesting in terms of quality and quantity.
Wire Russia and Metallurgy Litmash, dedicated to the wire and cable machinery industry and to the foundry and metallurgy systems, respectively, are organized by Messe Düsseldorf. Within the global competitive arena, the Italian companies rank in the medium-high quality-to-price level. Over 75% of the sector production is destined to foreign markets with great focus to the growing Russian one, which has reached a strategic importance for Italian exporters in the wire and cable machinery sector. As for the foundry industry, the Russian machinery inventory consists of about 140,000 units, 75% of which has been operating for over 15 years with obsolete technologies and high management costs; little more than 30% of the machinery inventory working on the Russian market consists in imported machines and the remaining part was produced in Russia or in the CIS.
This is why the Russian industries really need to modernize their systems and several Russian plants have started in the past years massive programmes of technological upgrade thus boosting the imports of machinery and technologies produced abroad. In the meanwhile, the Italian industry in this sector remains one of the main suppliers of the Russian market with a 20% share along with Germany.
Source: Aluplanet
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