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Russian market of windows in 2011 grew by 3%, according to Alexander Stepanenko

December 09/2011

(MRC) -- Objective assessment of the capacity of Russian market of translucent constructions and PVC profiles is actually impossible because of the hidden figures of economic activity. This was stated by Alexander Stepanenko, Director of Veka Rus/Veka Ukraine, during his speech at the Polymers Summit-2011, which was held by MRC with ICIS support.

As per Stepanenko, according to the estimates of leading Russian producers of PVC profiles, members of the Union of Producers of Polymers Profiles (UPPP), the growth of Russian market of windows in 2011 made only 3% year on year. Taking into account the growth, the market volume of PVC structures will make about 28 million units. The total tonnage of PVC profiles will make about 470 thousand tonnes. In 2012 the market is not expected to grow.

Among the major trends in the market of PVC director of Veka Rus/Veka Ukraine noted the globalization of markets and the restructuring of sales patterns. According to Stepanenko, 80% of sales are made through the dealing network. 

The dealers manipulate the suppliers and put a big pressure on prices. In addition, dealers form a consumer market, imposing a product with a low consumer quality and have a bad influence on producers of windows.

The annual capacity of Veka Rus/Veka Ukraine Group exceeds 70 thousand tonnes of PVC profiles. The total foreign investments make 120 million euros.

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