The leading Russian compounder took part in a meeting of the Russian-Hungarian working group on industrial development organized by the Ministry of Industry and Trade of the Russian Federation. The participants of the meeting from the Ministry, the Embassy of Hungary and the Trade Representation of Russia in this European country, as well as the largest Russian and Hungarian companies from various industries discussed the prospects for the cooperation development between the two countries.
As the outcome of the event, the Hungarian party became interested in R&P POLYPLASTIC developments. Materials for the construction industry attracted particular attention. "At the business meeting, we agreed to continue the dialogue in a narrower circle: the Hungarian Embassy in Russia announced their intention to contact us to provide information and consulting support for entering the Hungarian market," said Pavel Kruglov, General Director of Polyplastic Trading House, authorized commissioner of R&P POLYPLASTIC.
Today, the leading Russian compounder already supplies materials to Czech Republic, Poland, and Romania. However, R&P POLYPLASTIC has no experience of working with Hungary, one of the most industrially developed countries in Eastern Europe, which ranks 20th in Russia's trade turnover.
"We consider business contacts with Hungary to be very promising. In terms of GDP, the country is in the middle of the European rating, has a stable, strong economy, which even the coronavirus pandemic could not shake much. Moreover, recognition of Russian vaccination certificates by Hungary provides additional opportunities for the development of business relations and projects between our countries. Already in November we are planning to participate in bilateral negotiations in Budapest dedicated to the supply of R&P POLYPLASTIC materials with one of the leading Hungarian distributors," Pavel Kruglov notes.
