Hot line phone +7 495 660 75 89


Gold, Pharmaceuticals, and Engineering: Cooperation between Russian and Swiss Industrialists

24 April 2018
Gold, Pharmaceuticals, and Engineering: Cooperation between Russian and Swiss Industrialists

Association Showcase

Swiss industrialists intend to demonstrate their products and services at INNOPROM-2018. This year, the country will present its unified national stand for the first time.

The stand is organized by Swissmem, the Swiss Association of Mechanical and Electrical Engineering Industries. It will feature eight corporate participants: engineering and trade companies TL Technology, Alfleth Engineering and GALIKA, manufacturer of precision machinery Starrag Group, Erowa (equipment instrumentation), Fischer Spindle (spindles and compressors), Sarix (micro EDM processing technologies), and manufacturer of cutting and grinding oils Blaser Swiss Lube.

The Swiss national stand will be located in Pavilion 1 of the International Exhibition Center and occupy over 120 sq.m. Swissmem members include more than 150 exporters representing machine-tool building, electrical and mechanical engineering, and metalworking. The decision on the organization of the national stand was made following the Swiss delegation's visit to INNOPROM-2017.

At the exhibition, the Head of the Federal Department of Economic Affairs, Education and Research of Switzerland Johann Schneider-Ammann and the Minister of Industry and Trade of Russia Denis Manturov discussed cooperation prospects. They addressed the promotion of Sukhoi Superjet 100 and Irkut MC-21 and talked about Swiss companies working in Russia in pharmaceuticals, electrical and transport engineering, and construction materials.


"The share of machinery and equipment in the structure of Russian import from Switzerland remains steady, which reflects high demand for investment mechanical engineering products in the Russian market,"

the Minister stated after the meeting.


Talks held at INNOPROM-2017 laid the foundation for further dialog. Just two months later, the Ministry of Industry and Trade hosted a working meeting with representatives of Swissmem, Swiss Embassy in Russia, and Swiss companies.


"Switzerland manufactures key mechanical engineering components, which allows for a wide range of promising cooperation formats for both countries. Swiss small and medium companies, including startups, have every opportunity to partner with major players in the Russian machine-tool building market and partake in forums of Russian suppliers organized by the Ministry of Industry and Trade of Russia and the selection process under projects supported by special investment contracts,"

Deputy Minister of Industry and Trade Vasiliy Osmakov stated.



As for Swiss corporate representatives, they are interested in energizing their cooperation with Russian suppliers.

Oil and Research

In 2017, trade turnover between Russia and Switzerland increased by 19.75% year over year and reached $6.05bn. Russia's main export constitutes precious metals and stones (36.91% of total export). This segment predominantly involves sales of unwrought gold bullions. Sales of metals and metal products account for 33.63%, and mineral fuel and oil products claim another 24.4%.

Swiss export to Russia amounted to $2.2bn, a 13.13% increase. The largest export segment (40.51%) is chemical products (including pharmaceuticals). Machinery, equipment and transport vehicles account for 31.94%, while food items and agricultural stock claim 10.77%.

Moreover, the two countries are implementing joint research projects. The Russian-Swiss Educational and Scientific Center for the Transfer of Pharmaceutical and Biotechnology is working in Moscow.

The organization, which focuses on the study and development of technologies, was created with the support of the Swiss Academy of Sciences, Swiss Embassy in Russia, Pharmaceutical Institute of Basel (Switzerland), and the Ministry of Education and Science of the Russian Federation.

In 2014, Moscow State Technological University "STANKIN" opened the Russian-Swiss Center of Competencies in Microprocessing Technologies. GALIKA AG served as the project's general partner on the Swiss side, and Stankoprom OJSC became an active Russian participant.

Investor Country

As at mid-2017, Switzerland's accumulated direct investments constitute $11.6bn, including $3.2bn in industrial investment. A number of major Swiss investors are working in Russia. For example, Nestle, which manufactures food items and drinks, has invested over $1bn by 2017, and the group owns 11 production facilities in multiple Russian regions.

The Swedish-Swiss concern ABB, which specializes in electrical and power engineering and information technologies, operates seven production sites in Russia. Its Russian facilities also include 12 service sites and more than 25 regional offices. Combined, ABB facilities provide 1100 jobs in Russia. Holcim, a global leader in the production of construction materials, operates two cement factories in Russia. OJSC Volskcement located in the Saratov Region is undergoing major modernization; total project investment is estimated at RUB18.1bn.

Novartis Group, which manufactures pharmaceuticals, ophthalmological products and generics, is also working in Russia. Local sites employ over 2400 people. In 2011-15, Novartis investment into the setup of local manufacturing, R&D, and healthcare amounted to $500mln.

Novartis launched a major $138mln project in the Leningrad Region. The group built its Novartis Neva plant at Novoorlovskaya Special Economic Zone. The facility can manufacture 1.5bn solid-dosage forms per annum.


"The launch of our own commercial production facility in St. Petersburg constitutes our practical contribution into the implementation of the federal Pharma 2020 program, which targets the creation of world-class pharmaceutical industry in Russia,"

Vadim Vlasov, President of Novartis Group Russia, emphasized.


Mechanical engineering concern Liebherr has three main enterprises in Russia located in Moscow and Dzerzhinsk (Nizhny Novgorod Region). On top of that, the company owns an extensive network of regional centers and service facilities.

As for major Russian investors working in Switzerland, Renova Group owns stock in Sulzer (machine-building), Oerlikon (special innovative equipment), and SCHMOLZ+BICKENBACH AG (metallurgy).

At INNOPROM-2018, Russian industrialists will have an opportunity to discuss cooperation prospects with Swiss corporate representatives. Exhibition participants will be introduced to the products and services offered by European companies and present their own projects. We invite your participation in INNOPROM.

All news
  • Sponsors
  • Partners
  • Media partners
  • Business program partners
  • Organizers

  • Operator
  • Recommended builder
  • Service Partner