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Italian textile machinery a major player at Techtextil Russia

The Association of Italian Textile Machinery Manufacturers ACIMIT, and the Italian Trade Agency for the promotion and internationalisation of Italian businesses abroad, will be organising an exhibition at the upcoming edition of Techtextil Russia, the specialized trade fair dedicated to technical textiles and nonwovens, to be held in Moscow from March 20 to 23, 2018. Around 22 companies will showcase their wares at Italy’s exhibition space, including ACIMIT members like: Beta, Bombi, Bonino, Cibitex, Cognetex, Durst, Fabotex, Fadis, Ferraro, Guarneri, Mcs, Cosmatex, Pugi, Ratti, Reggiani, Salmoiraghi, Sariel, Santex Rimar Group, Smit, Sicam and Tessil Gomma.

The trade fair takes place at a time when Russia’s textile sector is growing. Russian authorities have initiated pilot projects specifically targeting the modernisation of existing technology in the textile sector and increasing the supply of local products in the Russian market. The production of technical textiles, in particular, is deemed by competent government authorities to constitute a driver in reviving the fate of the Russia’s textile industry.

As ACIMIT president Alessandro Zucchi says the restructuring phase provides an opportunity to further strengthen existing relations between Russian textile manufacturers and Italian technology suppliers, which are already in good stead, thanks to the promotional initiatives launched by ACIMIT and the ICE-Agency over the past few years. The result of this interaction between Italy’s textile machinery manufacturers and Russian producers is the Russian market’s constant presence among primary destinations for Italian exports of textile machinery.”

In 2016, Italy exported €22 million worth of textile machinery to Russia, whereas figures updated to the first seven months of 2017 show a 51 per cent increase compared to the same period for 2016, for a corresponding value of €11 million. ACIMIT represents an industrial sector comprising around 300 manufacturers (employing close to 12,000 people) and producing machinery for an overall value of about €2.7 billion, with exports amounting to more than 85 per cent of total sales.