ConTech/ConLife: Russian construction industry puts its hopes on 2018
The trends of the previous year continued into this year’s ConTech/ConLife trade show and symposium: reticence among the Western European and US American suppliers of the concrete and precast concrete industry; an increasing number of exhibitors from China, Turkey and Russia.
This development was due primarily to the Western sanctions, the unfavorable euro-to-ruble and dollar-to-ruble exchange rates, which are back to around 1:70 and 1:60, respectively, and the ongoing economic crisis in Russia – for the time being, public and private investors continue to hold back on construction projects.
The...
