Russia Machinery and Equipment Tenders

The Russian machinery and equipment market is a vast and complex landscape, encompassing diverse sectors like construction, agriculture, mining, and automotive. In 2023, it reached a size of approximately $250 billion, with a projected CAGR of 6% until 2028. This growth is fueled by increasing investments in infrastructure development, modernization of industries, and rising demand for advanced machinery.

The Russian government plays a significant role in the machinery and equipment market, representing a substantial portion of the total demand. Annual government procurement spending on machinery and equipment exceeds $50 billion, focusing on infrastructure projects, defense, and strategic sectors.

The government procures a wide range of machinery and equipment across various categories, including:
Construction machinery: excavators, loaders, bulldozers, cranes
Road construction equipment: asphalt pavers, graders, rollers
Agricultural machinery: tractors, harvesters, planters
Mining equipment: excavators, drills, trucks
Medical equipment: diagnostic imaging systems, surgical instruments
Defense equipment: aircraft, tanks, missiles

The key authorities responsible for government procurement in Russia include:
Ministry of Industry and Trade
Ministry of Defense
Ministry of Transport
Ministry of Agriculture
Ministry of Health

Major domestic and international companies have secured significant contracts in recent years, including:
United Engine Corporation (UEC)
Rostec State Corporation
Uralvagonzavod
KAMAZ
Siemens
Caterpillar
John Deere
General Electric

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