Growing Russian Construction and Mining Industry Evident at CONEXPO Russia

CONEXPO Russia 2012 demonstrated that Russia and CIS continue to be an expanding marketplace for construction and mining equipment manufacturers.

Power Systems Research reports from CONEXPO Russia 2012 that construction continues to be a key market in Russia and CIS (Common Wealth of Independent States) countries. Studies have shown that sales of construction equipment will continue to grow 12% per year in the CIS countries. 

Participation at CONEXPO Russia grew 15% with 911 companies from 28 countries exhibiting at the show. 

Many companies, such as JCB and Manitou, displayed several products that were new to the Russian market during the show. According to Power Systems Research, this indicates global manufacturers understanding the need to expand their presence in the Russian marketplace. 

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