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July 11, 2024

INNOPROM-2024: First Results of the Trade Fair

July 11 marks the final day of the 14th INNOPROM International Industrial Trade Fair. Held at the 'Ekaterinburg-EXPO' International Exhibition Center, the exhibition was attended by 47 thousand visitors. The event was organized by the Ministry of Industry and Trade of the Russian Federation and the Sverdlovsk Region Government, and facilitated by 'Business Event', LLC.

The INNOPROM-2024 main theme was selected as follows: "Technology partnership: shaping the future".

The exhibition has been attended by four prime ministers: Prime Minister of the Russian Federation Mikhail Mishustin, Prime Minister of the Republic of Belarus Roman Golovchenko, Chairman of the Cabinet of Ministers of Kyrgyzstan the Head of the Presidential Administration Akylbek Japarov, and Prime Minister of Tajikistan Kokhir Rasulzoda. Some other visitors included 16 heads of relevant specialized ministries of different countries, three of them representing the United Arab Emirates.

The total area of the exhibition amounted to 50,000 square meters, and 900 companies and organizations from across Russia and other countries of the world presented their innovative products at four INNOPROM pavilions. Exhibition participants include companies from various industries, such as machine engineering, power engineering and metallurgy, industrial automation and IT, pharmaceuticals and medical technology— among others.

The exhibition featured joined expositions from 25 regions of Russia: Sverdlovsk region, Moscow, Samara region, Krasnodar region, Rostov region, Republics of Bashkortostan and Tatarstan, Ulyanovsk region, Perm region, Khanty-Mansi Autonomous Region - Yugra, Vologda region, Donetsk People's Republic, Irkutsk, Kaliningrad, Kaluga, Leningrad, Lipetsk, Orenburg, Orel regions, Republic of Mari El and Chuvash Republic, Ryazan, Tomsk, Tula, Chelyabinsk regions. INNOPROM welcomed delegations from all respective participating regions.

Six participating countries presented their joined national expositions: partner country of INNOPROM the United Arab Emirates as well as Republic of Belarus, Kyrgyzstan, Qazaqstan, Tajikistan, and Uzbekistan. Over 300 companies from China, as well as companies from Belarus, Hungary, Egypt, Qazaqstan, Türkiye, and Uzbekistan participated in the exhibition with their separate booths.

The exhibition visitors came from 60 different countries, among which are Algeria, Austria, Bahrain, India, China, Myanmar, Saudi Arabia, Serbia, Singapore, Sri Lanka, Turkey, Vietnam, Zimbabwe, and others.

The exhibition included the industry flagship projects product lines featuring some of the most important machine engineering, metallurgical, power engineering, IT projects, and more. The most massive booths were showcased by the Moscow Government, JSC Sinara Group, 'Rostec' State Corporation, PLC Sberbank, 'Rosatom' State Atomiс Energy Corporation, JSC 'Evraz', PLC 'KAMAZ', State Space Corporation 'Roscosmos', TMK Group, 'Ural' Automotive Plant, SKB 'Kontur' software company, 'GAZ' Group, BSC Chemicals, '1C', PLC 'Transneft', 'NAMI' automotive institute, and '1520 Signal' Group of Companies.

The theme of the main strategic session was the following: "Technology Partnership: Focus on International Business", the key speakers at which were: Mikhail Mishustin, Prime Minister of the Russian Federation; Roman Golovchenko, Prime Minister of the Republic of Belarus; Kohir Rasulzoda, Prime Minister of the Republic of Tajikistan; Akylbek Zhaparov, Chairman of the Cabinet of Ministers of Kyrgyzstan the Head of the Presidential Administration; Anton Alikhanov, Minister of Industry and Trade of the Russian Federation; Dr. Thani Al-Zeyoudi, the United Arab Emirates Minister of State for Foreign Trade; Abdullah Al Hameli, Chief Executive Officer, Economic Cities and Free Zones, AD Ports Group; Sergei Lesin, Director General of BelAZ; Yerkebulan Ilyassov, Head of the Board of Directors at Alageum Electric.

The program of events included more than 100 sessions on such topics as digitizing of industry, unmanned technologies, production automation, investments in industry, and cybersecurity. The conventional agenda was amplified by the most pressing global topics: energy efficiency, engineering, artificial intelligence, and industrial estates.

A separate track was dedicated to international cooperation: numerous events were held within the framework of cooperation in the Greater Eurasia, SCO, CIS, and EAEU.

As a result of the specialized B2B venues and services presented at the exhibition, SMEs were able to establish mutually beneficial partnerships. "Dialogue with Trade Representative" is a venue for companies interested in entering foreign markets. Trade representatives of the Russian Federation in 59 countries of the world held advising sessions for heads of Russian companies, discussed opportunities for assistance in entering international markets, and talked about the economic peculiarities and demands of the target region.

Component Manufacturers Forum featured over 300 B2B meetings where representatives of SMEs presented their products to procurement directors of companies such as Metalloinvest, GC 1520, Transportation Systems, and others. SMEs vastly benefit from this unique opportunity to establish promising contacts and find major partners.

This year's INNOPROM partner country was the United Arab Emirates. The official delegation including over 200 visitors, was headed by Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. As part of INNOPROM, there was held a series of business meetings "Russia—UAE: B2B work group meetings". These are the meetings with representatives of the UAE's largest industrial companies to establish business ties, discuss possible cooperation, and exchange experience. The INNOPROM venue also held a business forum titled "Industrial Dialogue: Russia—United Arab Emirates". The participants discussed which industries and innovative technologies will be setting trends in the development of bilateral partnership.

As noted by Anton Alikhanov, Minister of Industry and Trade of the Russian Federation, "One of the most important tasks for the state today is to ensure technological sovereignty. It is clear that high-tech products today are not produced by a single company, and the economic feasibility of their production in Russia depends, among other things, on well-established intersectoral and international cooperation. INNOPROM International Industrial Trade Fair has been held in Ekaterinburg since 2010. Every single year it contributes to the Russian industry, serving an effective platform for communication between representatives of state institutions and business not only in Russia, but also in foreign countries. Participants at industry sessions share proposals and their experience, exchange contacts, and even agree on cooperation or product deliveries."

Anton Atrashkin, INNOPROM Program Director makes it a point that, "The successful establishment of business relations is facilitated by the applied nature of INNOPROM. Our participants exhibit exactly the products that they are ready to offer to the market today. These are all purely commercial developments, and their task is to find their customers and clients. The importance of the exhibition for international industrial and economic cooperation is growing: this year INNOPROM was visited by representatives of 60 countries."

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