Turkey Companies in Russia: New Opportunities in Forest Products

The event held in Istanbul under the 'Made in Russia' national brand brought to light the planned collaborations between Turkish companies and Russia in the forestry products industry. During this two-day organization, hundreds of bilateral meetings were held, resulting in potential contract opportunities worth a total of 48 million dollars.

The Russian forestry products industry is facing growing global demand. Among the reasons why Turkish firms are selecting Russia are access to quality raw materials, cost efficiency, and their determination to establish long-term partnerships. Russia's rich forest resources provide competitive advantages to firms in the sector.

At the event, Turkish businesspeople sought solutions tailored to their needs by directly communicating with Russian producers. Strengthening trade relations between the two countries will lay the groundwork for successful collaborations by building trust between the parties. An increase in such partnerships is expected in line with the strategic goals of both countries.

Russia is a significant player in forestry products imports. There are substantial opportunities for sector players to enhance their market share by developing relations with diverse markets, such as Turkey. Turkish companies intend to leverage this situation to make significant moves towards long-term and sustainable collaborations.

New agreements and strategic partnerships will be beneficial for both Turkish and Russian firms. The interest of Turkish businesspeople in the Russian forestry products industry is gaining increasing momentum in terms of bilateral relations between the two countries. It is anticipated that the results of these partnerships will reflect in the markets in the coming months.