FASTTEC IS FAST BECOMING PART OF OUR SHOW
CALENDAR
With 139 exhibitors from Russia (78 companies), Western Europe and the Far East (including 36 companies
from Taiwan) displaying a wide range of products, there was something for everyone at the Fasttec show in
Moscow. The event attracted a very good attendance (over 3,000) during the four-days, and more than half of
the visitors (53 per cent) were seeking new suppliers of fasteners.
Only one UK company took stand space – Northern Precision Ltd (www.npfasteners.com) of Doncaster – and
sales director Steve Smith commented: “This is a market with great potential and a long-term future.” And
although Northern Precision’s attendance wasn’t without its problems (see story, below) Steve Smith added
that “by attending Fasttec we have exceeded all our expectations, particularly in terms of the interest shown
in our sheet metal fasteners”.
Like Northern Precision, Master Vida attended for the first time, and this manufacturer of screws and nuts, as
well as having a evolving furniture hardware manufacturing division, said “the response had been fantastic” –
so much so that by the end of the first day the company had re-booked for next year’s event.
On the other hand, Masterfix’s sales manager observed that the number of other exhibitors displaying
similar products distracted visitors from his stand, and as a result he felt the show could have been better.
Oddone Sartore of Sariv srl said it had been a very successful show and in comparison to the previous year’s
event there had been a marked increase in prospective customers. As a result, he was looking forward to
increased business levels during the coming year.
Overall, 78 per cent of exhibitors were satisfied with the number and quality of business contacts made
during the show, according to Natalia Chekashkina from the Fasttec organisational team, and 46 per cent
said they would take part next year.
With Russia’s GDP in 2004 standing at 6.9 per cent – fuelled by consumer demand and rising investment –
there is no doubt that Russia is an increasingly attractive market and, as a consequence, one that offers
numerous opportunities. It is therefore no surprise that Fasttec is becoming an established part of the
European fastening fair calendar, but if the experiences of Northern Precision are any guide then the show
will have to work much harder to encourage western European companies to attend.
Issued April 2005 on behalf of:
Northern Precision Ltd, Unit 3 Durham Lane, Armthorpe, Doncaster DN3 3FE
Tel: 01302 836010
Fax: 01302 836012
Web site: www.npfasteners.com
Contact: Mr. Steve Smith, Director of Sales & Marketing
Editorial enquiries: sales@npfasteners.com
Read other news from 2005
NORTHERN PRECISION LTD
Specialist Fasteners
for Sheet Metal
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+44 (0) 1302 831555
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