In May 14th, Volvo Construction equipment company investment in Russia's Kaluga near $45000000 into excavator plant has been officially put into operation, the plant annual production capacity of 2000 units, the current daily production of two excavator.

It is understood, Volvo has not the first to invest and build factories in Russia, the machinery enterprises, previously, engineering machinery giant international top two caterpillar and Komatsu already put russia. It is reported, Komatsu construction began in 2008, a production of excavators and forklift modern factory in Jaroslav M, and the caterpillar factories in Russia is started production in 1999 and November, except in the Tosno factory near Moscow, Caterpillar also has a large parts distribution center.

In addition to these international mechanical head, from the China Construction machinery giant Xugong, three one, China also has publicly expressed its willingness to timely to Russia, but have not yet put into action.

It is understood, in recent years the Russian market engineering machinery out of a Chinese and different development curve: in 2008 the Russian market engineering machinery amounted to peak, followed by the financial crisis, in 2009 the total collapse, the growth rate of only -13.2%. Then is relatively flat in 2010, and slow growth in early 2011. The two quarter of 2011, the Russian market quietly began to rebound, until the second half of the year have to some extent back to pre-crisis growth, restored to two digit growth rate. It is predicted that the future will be the infrastructure construction market of Russia is an increase of more than 15% a year by 2014, engineering machinery and equipment sales could reach 40000 units.