Russia (Russian Federation)

The metallurgical industry is one of the key sectors in the Russian economy. It provides raw materials for many other industries, including construction, mechanical engineering and energy.

Sanctions pressure from Western countries and restrictions on technological cooperation with foreign equipment suppliers did not affect the decision of Russian oil and gas holdings to implement major investment projects

According to IBC Real Estate, the volume of investment transactions in the Russian real estate market in 2023 amounted to 833 billion rubles, which is 68% more than a year earlier

Renewable energy sources (RES) are natural resources that are naturally regenerated and can be used for energy production. They include solar, wind and geothermal energy, hydropower, and bioenergy.

Russian milk producers continue to increase efficiency: Russia has risen to 18th place in the world in terms of cow productivity, and the threshold for entering the TOP 30 most efficient farms has exceeded 11,300 kg/cow/year.

In 2024, the Russian aluminum cookware market may increase to 31.7 thousand tons, which is 3.6 thousand tons more than in 2022. With the almost complete cessation of imports of major European brands, consumers are favoring products made in Russia.

The timber business in Russia has gone through major changes over the past few years. The export directions of wood products have changed, and the construction industry in the country has received a new impetus for development.

In 2024, the traditional Forum of timber industry companies WoodWorld 2024 will be held from September 9th to 11th as part of the Lesdrevmash exhibition, Moscow. We invite businessmen involved in the trade of wood products to take part in the Forum!

Within the framework of the 20th Anniversary International Exhibition of machinery, equipment and technologies for the logging, woodworking and furniture industry LesDrevMash in Expocentre Fairgrounds, Moscow, September 9-11th, 2024, the next Forum of the timber industry companies WoodWorld-2024 will be held.

According to estimates of the United Nations and the US Department of Agriculture, the volume of supply on the global grain market will increase by 1% in the 2023-2024 season and reach 3.59 billion tons.