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The 25th International exhibition of security and fire protection equipment and products
19-22 March 2019 • Moscow, Expocentre Fairgrounds, Pavilions 2, 8

Latest news round up from Russia

News
2018 looks to be an interesting and promising year for the Russian security market. Read below for the latest news from Russia.

8 new metro tunnels planned for Moscow

Moscow’s city authorities have announced the construction of 8 new tunnels for the Russian’s capital’s enormous metro network over the next 3 months. Using 24 imported boring machines, the tunnel project is unprecedented in terms of the new technology it will use, and the expansion of the Moscow metro project in general is stimulating demand for high-end security and protection equipment into the Russian economy.
 
 
40% of Russian companies have no information security strategy - PwC

A recent report from global consultants PwC has found that two in five Russian companies have no information and IT security strategy at all – a worry for them, but a huge market opportunity for all security providers.

The survey showed that Russia’s business community are most worried about confidential data protection, production quality and danger to their company operations when it comes to their lack of information security.

But why is the rest of the security market interested as well?
This area is a large opportunity for security suppliers in general, not just in the technological sphere. Russia’s government recently passed a law requiring all companies storing personal data of Russian citizens to do so on Russia-based servers. This is no empty threat – business networking website LinkedIn has been completely blocked in Russia until further notice, thanks to its failure to comply with the law.

This has sparked a data centre boom. With a sudden and large need for data storage services in Russia, more and more centres are under construction – and as protection of the systems and servers is so vital, security suppliers are seeing increased orders for their equipment to protect the new data centres. 
 

Moscow growing on all fronts - mayor

Russia is back in economic growth – and its capital Moscow is driving it.

The government of the Russian capital announced a draft budget for 2018 in November, and the forecast is optimistic thanks to the fundamentals of growth returning to the economy. Economic growth in the city will reach 2% year on year by the end of the year and is expected to continue into 2018, while growth in investments is up 10% - a vital sign that confidence is returning to the economy.

Not only that, unemployment is down, interest rates are falling, and wages are expected to grow 3% in real terms, meaning that the economic recovery is translating into increased spending on the ground and bolstered consumer faith in the economy.

The budget also gave some more information on a €21 billion Targeted Investment Plan for the capital. Two thirds of the total will be spent on transport infrastructure – an area heavily dependent on high-quality, advanced security technology.

With Moscow such an important engine of Russia’s growth in general, this positive budget and encouraging figures are breathing new life into the city’s economy – ensuring that the construction and security markets can continue their upward trajectory.
 

Securika Moscow 2018 – more events, more buyers

Securika Moscow has always been the must-attend event for the Russian security world – and with an expanded show programme, there will be an even better audience in 2018.

The show’s organisers have revamped the event’s content for this year, introducing educational sessions for professionals, extra seminars and conferences, and other events to attract the top level of Russia’s security market to the show – and providing the exhibiting companies with the best possible audience of buyers.

Join 400+ companies as they do business in Russia – click here to enquire about booking a stand at Securika Moscow 2018.