Caterpillar and Komatsu facing competition in Russia?

摘要

Viktor Nusenkis, the owner of Russia's major coking coal exporter Zarechnaya and Ukraine's steelmaker Don-etskStal, is reportedly in the process of forming Russia's first united manufacturer of mining equipment. According to industry sources, he is about to amalgamate four producers of mining and hoisting equipment under his control. Russia's Yurga Machine Engineering Plant, Ukraine's Donetsk Electrical Engineering Plant, the Czech Republic's T Machinery and Germany's ESSER will form a single holding structure, provisionally named Heavy Engineering Corporation (HEC), which could later become a platform for incorporating other relevant companies.