LONDON, November 11 /PRNewswire/ --
The global financial turmoil of the past few months has interrupted the outstanding growth pattern of the Russian Generator Set market, making the future hard to predict. The question now is, Are we experiencing a hiccup or is this stall going to define this market in the future?
Certainly, the trend until this summer has been strong market growth. However, since the summer, Russia, like other economies, is feeling the fallout of the global economic recession, which might significantly affect the market. Although, the demand in the Russian Generator Set market, principally coming from the industrial and commercial segments, will remain strong in spite of the financial crisis, Frost Sullivan predicts that there is likely to be a slowdown in the number of new orders. The demand will still exist with current consumers, but manufacturers should expect a challenge in generating new orders.
The Energy Power Systems Group at Frost Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the Russian Generator Set market to be held on 20th November 2008, at 3 pm GMT.
This purpose of this briefing is to give an insight into what market trends are expected to emerge in the upcoming years and examine their impact on different applications and output ranges of the Russian Generator Set (Gen-sets) market.
Major global Gen-sets manufacturers operating in Russia will find this briefing particularly useful. Furthermore, it will be beneficial for all firms in the energy industry such as utilities, and power generation, which consider Russia and its energy sector as a strong investment candidate.
The rise of the Russian economy, since the beginning of this decade, had resulted in an outstanding growth in the Russian generator sets market. However, as the global economic crisis has reached the CIS market, the impact of the slowdown on the gen-sets demand remains a mystery to the manufacturers, especially in the medium and long run. Presently, companies are in a state of uncertainty with regards to global economic turmoil and its potential impact on the Russian gen-sets market, observes Frost Sullivan Research Analyst Maciej Jeziorski.
To participate, please email Chiara Carella at chiara.carella@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
Frost Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership(TM) empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost Sullivan's Growth Partnerships, visit http://www.frost.com.
Contact: Chiara Carella Corporate Communications P: +44-(0)-207-3438314 E: chiara.carella@frost.com http://www.frost.com
Chiara Carella, Corporate Communications of Frost Sullivan, +44-(0)-207-3438314, chiara.carella@frost.com
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