Foton Lovol Conducts Business Trip to Russia
Russia is a major market for Chinese loaders and tractors. With the progressive recovery of economy in the second half of 2010, the overall market demand of Russia has started to warm up.
To cement communication with distributors, conduct a field survey of Russia’s market information and boost overseas business, from February 26 to March 5, 2011, Chang Jiamao, vice president of Foton Lovol and general manager of the overseas department, surveyed the Russian market, visiting customers, earnestly listening to distributors’suggestions on cooperation and opinions on market demand, and inspecting the use conditions of the company’s products.
Through the survey, Foton Lovol learned about the situation of local economic recovery and market demand, further consolidated distributors’confidence in cooperating with the company through face-to-face communication, and provided strong information support for the planning of future business development. During the survey, Foton Lovol signed orders of intent with Russian distributors for over 20 construction machinery units.