Substantial increase in demand for construction equipment in Russia

Over the last decade, construction machinery stock owned by construction companies in Russia has been depleted by 40-60% on average, and the equipment still in use is largely dilapidated and obsolete. It is not suitable when modern road construction and maintenance techniques are to be used. In view of the extensive infrastructure investment planned, demand for earthmoving, road building and other equipment is likely to grow considerably over the next ten years.
Since 2000, a significant depletion in construction machinery stock has been observed. The most substantial reduction in the number of units of equipment in use has been observed in wheel tractor-scrapers (-75%) and wheeled cranes (-61%), whereas the numbers of crawler, mobile and tower cranes have been more than halved. The least substantial depletion, still a significant 40%, was observed among single-bucket excavators and motor graders.

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