Expanding food production led to increase of Russian and foreign companies at domestic food and equipment shows, according to exhibition organizers. Industry sources forecast a new expansion in demand for food processing equipment. Hoping for a quick recovery of their industry, some Russian food processors are supporting governmental control and regulation of the market. As one of the examples of such control can be proposals on import duty elimination and excise tax reduction for the importation of the food processing and packaging high tech lines that are not produced in Russia, provision of state guarantee for direct investment projects, and revival of banking system. The current situation allows investors to set up local production to replace expensive imports, grow ingredients locally and provide reliable supplies to Russian and foreign food processing enterprises.
Some enterprises are even export to European countries.
They reported that despite the post crisis difficult economic conditions in Russia none of projects failed, a prove that food processing provides good opportunities for equipment sale and investment. FCS Moscow staff welcome American companies to provide us with information on their representative offices in Russia, so that we are able to expand our data base of companies working with Russian companies and provide contact information to Russian firms up on request.