2012-03-15 Class:Fastener
After Vladimir Putin won the election of the sixth President of Russia, the “new Putin era” has begun. Accordingly, Russia’s GDP went up 4.1% in 2011 and many infrastructure categories haven been launched in succession, such as the Moscow-Saint Petersburg high speed railway and venues for 2014 Winter Olympics and 2018 FIFA World Cup, bringing great business opportunities to investors and manufacturers.
The coming of new Putin era greatly benefits the fastener industry. In addition, Russia is expected to lower tariffs after it entered WTO last year and the trade system transparency would be enhanced, allowing fastener companies to take the opportunities to enter the Russian market. (…)
