U.S.A

June 3-7, 2014, the grand 15th Russian Construction Equipment and Technologies (CTT for short) was held in CROCUS exhibition hall in Moscow. The CTT exhibition is the most known construction equipment and technologies exhibition in Russia and even the CIS region, and so far Foton Lovol has been participating in the exhibition for many years. This year Lovol exhibited 5 loaders of three types, namely 2 tons, 3 tons and 5 tons in CTT, with the exhibition area reaching 222 square meters, which had been the largest since Lovol participated in CTT.

In early June, the sun shone brightly in crystal clear skies in Moscow. In the square outside of the exhibition hall, the blue flag of Foton Lovol flew high over the hall. Audience streamed inside and outside of the exhibition hall. In front of the Lovol booth, users consulted product performance and discussed cooperation intention one after another. Here conflicts between Ukraine and Russia had not the slightest impact on people’s enthusiasm for the exhibition.

With the gradual recovery of Russian economy and preparations for major sports events, Russian investment in infrastructure increased year by year, leading to the rapid development of construction machinery industry. For a long time to come, Russia will still be China's largest construction machinery export market, especially the greatest demand for loaders . Having had a serious insight into the market demand in Russia, Lovol seized market opportunities and established a sale branch company in Russia to conduct careful management. Lovol’s construction machinery products yielded unusually brilliant results in the construction of Russian Railways, mining, nuclear power plants, the national oil and gas projects, and accumulated a good reputation in major engineering projects during the Winter Olympics in Sochi.

Lovol’s Overseas Division and dealers had carefully prepared for this exhibition, according to the requirements for mechanical equipments in Russia they made chassis of all exhibits meet the Euro IV emission standards, and the vehicles certified by OTTC. These exhibits on one hand highlighted Foton Lovol’s strength in building world-class techniques, and on the other hand fully demonstrated the enormous achievement resulting from adhering to “ability upgrading, product upgrading.” On the opening day of the exhibition, Lovol received more than 20 customers, and entered into cooperation agreements worth $ 700,000.