7 April 2013, 22:06

Putin urges German companies to invest in Russia

Владимир Путин Ангела Меркель германия открытие Ганновер промышленная ярмарка

President Vladimir Putin has called on Germany to join forces with Russia in battling the crisis and urged German companies to invest in the Russian economy, as it bucks the crisis trend and continues to grow.

Speaking at the ceremony to open this year’s Hanover Fair on Sunday night, he called attention to the fact that in 2012 the World Bank moved Russia from position 120 to position 112 in its annual league table of business-friendly economies.


Hannover Messe: Putin has arrived

Russia’s President Vladimir Putin has arrived in Germany on a one-day working visit. The Russian leader will take part in the opening of Hannover Messe – the world’s biggest industrial fair. According to a Voice of Russia correspondent, Putin is also scheduled to meet with German Chancellor Angela Merkel and hold talks Sunday-Monday. The two will attend Russia’s pavilion at the Messe, talk to reporters and then Putin will be off to the Netherlands.

President Vladimir Putin has arrived in Hannover to open an annual industrial fair jointly with German Chancellor Angela Merkel. Putin and Merkel are expected to speak at the opening ceremony and hold narrow-format talks.

The Russian exhibit will be opened on the second day of Putin's visit in a ceremony to be attended by Putin and Merkel.

Later in the day Putin and Merkel will lay wreaths to the memorial of Soviet prisoners of the Ahlem concentration camp and then Putin will travel to Holland on a blitz visit.

Putin's talks with Merkel will address the most pressing international issues, including the current crisis in Cyprus, the situation in the Korean peninsula and Syria.

Russia is prepared to discuss the recent inspections on nongovernmental organizations.

"I don't know how tough the discussion is going to be. But you know what the background is like ahead of the visit. It is clear that the German chancellor will raise this issues and our president will provide an appropriate answer," Kremlin aide Yury Ushakov said ahead of Putin's visit to Germany.

Putin and Merkel will dicuss ways to broaden Russian-German relations and prospects of economic, investment, cultural and humanitarian interaction.

Russia is the partner country for the 2013 Hannover Messe - the trade fair for the industrial sector. German-Russian economic ties are booming, and The partnership with the Russian Federation for this year's Hanover Trade Fair - the Hannover Messe - is coming at the right time, according to German Chancellor Angela Merkel. She also emphasized Germany and Russia's working shoulder-to-shoulder in their "Russia Year in Germany" and "Germany Year in Russia" events. The Hannover Messe 2013 offers an opportunity to deepen cooperation between the countries, the German leader said.

Merkel will speak at the official opening of the trade fair on Sunday. On Monday, Merkel and Russian President Vladimir Putin are scheduled to visit the industrial trade fair and may also inaugurate a German-Russian economic summit.

Energy and industry

Russia has become the partner country for the Hannover Messe for the second time in a decade. The trade fair for the industrial sector is the largest of its kind in the world.

Russia will have a record number of over 100 exhibitors at the fair, including gas giant Gazprom, Russian Railways and UralVagonZavod, a manufacturer of tanks, rail cars and tractors. Several of Russia's regions, including the Tula and Novosibirsk areas, will also present their projects. One such project is the creation of a multi-functional park complex on the site of the former Rossiya Hotel in Moscow.

Russian state monopoly and gas giant Gazprom is one of the biggest exhibitors at Hannover Messe At the Hanover Trade Fair, Russia will focus on energy, machine construction, new materials and industrial automatization in its exhibits. The country will also be represented at the Metropolitan Solutions Fair taking place in Hanover at the same time. Metropolitan Solutions showcases comprehensive technological solutions for urban infrastructures. IndustrialGreenTec, an international fair for environmental technologies that will simultaneously occur in Hanover, will also host Russia this year.

"We expect Russia to present itself in a new, more dynamic and modern way," said Christiane Schuchart, of the Committee on Eastern European Economic Relations - an organization of leading associations representing German business. In her opinion, people outside Russia see its economy as largely dependent on the raw materials sector, but Schuchart said Russia would highlight its other sectors at the Hannover Messe.

According to the Committee on Eastern European Economic Relations, bilateral trade volume between Russia and Germany reached a record of over 80 billion euros ($104 billion) in 2012. The Committee expects the trend to continue.

Putin, Merkel to meet in Hannover

Russian President Vladimir Putin will join German Chancellor Angela Merkel at today’s opening of a major industrial exhibition in Hannover at the start of his two-day visit to the Federal Republic.

More than 160 companies will be showcasing their very latest in various fields of industrial production at this year's Hannover Fair.

During a working dinner scheduled for later today Putin and Merkel will tackle the situation in Syria and the financial problems of Cyprus and the eurozone as a whole.

Hannover Exhibition

It is the world’s biggest annual fair of industrial technology and innovation.

The first Hanover Exhibition, called Export Messe Hannover, was organized by Deutsche Messe und Ausstellung AG Hannover-Laatzen and took place in 1947. It was aimed at promoting German industrial exports. In 1950, the fair attained an international status.

The present-day Deutsche Messe exhibition complex sits on some 1mln square meters, of which 466,000 square meters are occupied by cutting-edge exhibition pavilions. The complex includes a congress center with 35 assembly halls, each seating between 1,300 and 10,000 people.

The 2013 Hanover Fair will include 11 specialized exhibitions.

In 2012, the Fair attracted 6,695 companies from 69 countries, represented by about 5,000 delegates. The visiting business delegations numbered more than 150, and the spectators, more than 180,000. The main partner country was China.

In 2013, it will be Russia, for the second time in 8 years. Russia’s motto in Hanover is "Global Industry." It very well fits into Russia’s modernization and investment plans and into the programme of the special year of cultural and economic exchanges between Russia and Germany, held in 2012 and 2013.

Russia’s exhibition space in Hanover will top 3,000 square meters. More than 100 Russian companies are expected to show off their latest and best.

Russian-German relations

After the collapse of the Soviet Union in 1991, Germany was the first country to recognize Russia as the Soviet Union’s legal successor. An official document to this end was adopted by Germany’s authorities on December 26, 1991.

Diplomatic relations between the Soviet Union and the Federal German Republic, or West Germany, were established on November 13, 1955. (At that time, Germany has been divided in two parts – eastern, with a Communist regime, and western, the “capitalist” one.)

The main documents on which the relations between Russia and Germany are currently based are the Treaty for Good Neighborliness, Partnership and Cooperation, which was adopted on November 9, 1990, and the Joint Statement of the President of Russia and the Chancellor of Germany, which was adopted on November 21, 1991.

Within the last two decades, the two countries have managed to solve all the problems in their relations that had remained since the Soviet epoch.

The current political dialogue between Russia and Germany is regular and constructive. Since 1998, Russia’s and Germany’s leader hold mutual consultations every year.

Germany is one of the largest trade and economic partners of Russia. In 2012, the volume of trade between the two countries reached a record level of $ 73.9 bln. The Russian export of goods to Germany equaled $ 38.3 bln, and Germany’s export to Russia - $ 38.3% bln.

Germany’s share in Russia’s foreign trade turnover makes 8.8%.

In 2012, Germany invested $ 7.2 bln in Russia’s economy.

At present, more than 6,000 enterprises with participation of Germany are acting in Russia. Out of them, about 800 enterprises have 100% German capitals. Besides, 1,816 branches and representational offices of German companies have been registered in Russia.

From January to September 2012, Russia invested $ 3 bln in Germany’s economy.

At present, about 600 enterprises with Russian capitals have been registered in Germany. Mainly, they are small and medium-sized non-production companies.

Voice of Russia, TASS

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