Sergey Korotkov, Adviser to the FBA EAC President, Discussed Practical Measures for Cooperation and Import Substitution with Russian Industrialists

A strategic meeting was convened at the premises of FBA EAC, attended by Sergey Korotkov, an Advisor to the Association President, and potential HoReCa partners representing the Russian furniture industry sector, which specializes in the comprehensive equipment of hotel complexes and cultural heritage sites. The meeting focused on identifying specific solutions for businesses in the current economic environment.

During the discussion, Sergey Koltun and Oleg Boldyrev shared their experience in implementing complex projects that necessitate specialized permits, including those related to Cultural Heritage Site. The significance of such practical expertise in the market was underscored, particularly in fulfilling high-profile orders, where not only the supply chain is crucial but also a comprehensive understanding of the specific requirements is essential.

A central theme of the meeting was the formulation of clear interaction patterns with Chinese manufacturers to establish new supply chains. A tailored business model for the division of labor was proposed: transferring orders for mass-produced, standalone furniture to Chinese factories, while entrusting the production of complex, non-standard, and integrated structures to Russian enterprises. This approach aims to optimize logistics and cost structures, thereby offering customers the best possible value for their investment.

Particular emphasis was placed on the issue of technological re-equipment. Manufacturers expressed interest in identifying reliable Chinese partners through the FBA EAC platform for the procurement of modern machine tools and equipment, a pressing objective within the context of import substitution. The participants agreed to further develop these initiatives in detail.

Sergey Korotkov emphasized the Association's readiness to serve as a communication platform for the development of such practical projects and the facilitation of partnerships, thereby assisting businesses in adapting to new realities and establishing stable cooperative relationships.