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M-Cut come to Russia
M-Cut introduced its universal fasteners to a Russian audience during Intertool-2008 exhibition, which was held at a new exhibition
site in Crocus-Expo, Moscow, between September 29 and October 3.
Installation of these fasteners was demonstrated to the visitors in the ‘Test Drive Zone’. M-Cut Universal Screws won an award in the
Innovations Category at Practical World 2008, in Cologne Germany. These innovative screws can be installed directly into concrete, brickwork,
blockwork, chipboard and timber without needing to pre-drill a larger hole for a plastic plug.
Thus, M-Cut Anchor Systems Ltd has started its activities in Russian territories and will shortly open its own office in St. Petersburg. “Intertool
Moscow-2008 was successful for our company. We established a lot of new promising contacts,” Nicolas Minec, the M-Cut representative, told
Alexander Ostashov. The introduction of new M-Cut screws to the Russian audience will be published in a coming issue of "Fasteners, Adhesives,
Tools and ..." Magazine.
3M to open first Superjet components
plant in Russia
to be produced in
The 3M company has finished construction of its first
enterprise in Volokolamsk near Moscow.
The Russian Federation has become the thirty-third
South Korea
country in which 3M operates its own production.
Investment into the Volokolamsk production complex is
The civil aircraft division of the the promotion of the Sukhoi Superjet
estimated to be over US$28 million. Establishment of
Sukhoi company (CAS) and the -100 to markets in South-Eastern
local production is one of the key elements of the
South Korean Agency for Asia, including South Korea.
company’s development strategy. 3M is also targeting
assistance in trade and
the design of complex solutions for the main sectors of
“We consider Korean enterprises
investments (KOTRA) signed a
the Russian economy, as well as regional expansion and
as potential producers of
memorandum of mutual
quality improvement of customer service.
components for several systems
understanding regarding the
The new plant started production of rust-preventing
aimed at optimisation of the
Sukhoi Superjet -100 Program.
materials for protection of pipelines, respirators, and
company’s production process. The
sponges. The plant will also start assembling of dentistry
The memorandum stipulates that
consistent reputation of Korean
sets after it receives all the necessary documentation.
the South Korean Agency will
enterprises as reliable, cost effective
The first science and research laboratory of 3M, on the
provide assistance to CAS in
territory of Russia, will be opened at the plant.
searching for enterprises in that
and quality producers of complex
Opening of this plant is the first stage of a full-scale
country. Where CAS places orders on
high-technology products has drawn
project of 3M’s own production in Russia. In 2008-2009
Korean plants for components, KOTRA
our attention to this region”, said Igor
the company plans to enlarge the production volume of
will provide organisational support.
Vinogradov, first vice-president of CAS
currently produced goods and to start manufacturing
In exchange KOTRA plans to support
during the ceremony.
Post-it notes and industrial adhesive tapes.
DIY market of Russia
The Russian DIY market is undergoing a period of active growth through both department stores and specialised distribution networks.
The most widespread shops at the Russian DIY market are those specialising in sanitary ware and ceramic tiles. Among other main branches
there are floor coverings, doors, tools and electric devices. The main players of the Russian DIY market are Maxidom, Castorama, K-Rauta, OBI,
Metrika and Domovoi, and Leroy Merlin.
The intensity level of organised trade in the Russian market of household goods and goods for construction falls considerably behind the
European level. According to analysts, the average market saturation rate in Russia is 80-100 square metres of shops per ten thousand people. The
saturation level varies considerably in different regions, with maximum rates in cities with population over 1 million people. Saint Petersburg
surpasses other cities, while the Moscow DIY market is rather weak.
Experts foresee considerable growth of the Russian DIY market with serious competition between major players in two to three years time. In
the shorter term the Russian market will see the entry of several new international operators, such as Israel Fishman Group with its Home Center
Network. The Austrian Kika Group will be presented in the shops of the Russian company Domashniy Interior.
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