REC: Export Support Centers Support 765 SME Contracts in Q1

Russian Export Centre (REC) logoInternationalIndiaAfricaExport support centers have provided services to nearly 7,000 small and mid-sized companies, in addition to 765 companies having gotten export support for contracts worth over $200 million, according to a report at the Russian Export Support Infrastructure Conference. The conference was held in Volgograd from April 17 and was attended by representatives of the Russian Export Center (REC, part of VEB.RF), Export Support Centers (ESC) from 80 regions of the country and My Business centers.

"More than 6,700 small and medium-sized businesses were recipients of the centers' services, and 765 companies signed export contracts to the tune of 211 million US dollars," REC revealed, touching on the results of the CPE for the first quarter of 2023.

“Compared to the first quarter of 2022, the number of recipients of the export support center’s services increased by 35%. We are also seeing a positive trend in the number of companies that have inked export contracts,” said Natalia Minayeva, director for the development of REC’s regional export support infrastructure. Russia’Made in Russia’ Stand at Vietnam Expo 2023 Draws Over 100 Meetings, REC Reports10 April, 13:16 GMT”It is important that the geography of exports remains extensive. In the first quarter, Russian companies’ products were delivered to 66 countries with REC’s assistance. This shows that, despite the current political situation, business is quickly adapting to the new conditions of work in international markets, and export support centers play a significant role in this,” she concluded.

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