Moscow, May 14, 2021. - Despite the current quarantine restrictions, which significantly hamper international travel and international events, Hungarian business managed to ensure a significant presence at the exhibition thanks to HEPA Moscow, a partner of the non-profit closed joint stock company “HEPA - Hungarian Export Promotion Agency”, in charge of helping Hungarian enterprises to establish business in the territory of the former USSR states and to establish economic ties with them.
In 2020, trade between Russia and Hungary amounted to 4.75 billion US dollars, with a significant part of this volume accounted by metallurgy and metalworking products. The brands of such Hungarian heavy industry manufacturers as Bodor Technical Solutions, Kormos És Fiai Kft, Melior Laser Kft., Bhouse Kft., Perametal Ltd, Gorter Fémipari Zrt., Smart Cnc Bt., Yonix Trade, Michael Kft - Sheet Metal Processing & Manufacturing and other companies with a well-deserved high reputation in the field of metallurgy and the production of metal products are well known in Russia.
“Hungary is one of the most dynamically developing European markets, which has been linked with many years of cultural and economic relations with Russia, with metallurgy and metalworking taking a special place in them. Despite the ongoing global recession caused by the global pandemic, this direction - in the industrial sector - has enormous potential. Already now we can talk about the mutual understanding between Hungarian and Russian industrialists preliminary achieved at the exhibition, which should potentially turn in the near future into mutually beneficial contracts,” emphasized Dmitry Peshkov, Director for External Communications of HEPA Moscow.