KPMG on Russia’s road infrastructure market prospects

Research by KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of co
December 5, 2013 Read time: 1 min
Research by 1981 KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of companies by means of mergers and acquisitions in order to expand geographic reach or to boost a market share is one of the main trends of the market.

According to KPMG, an average road construction tender value amounted to US$90 billion in 2012 against US$81 billion in 2011.

For more information on companies in this article

Related Content

  • European car manufacturers face world’s toughest CO2 targets
    July 12, 2012
    Following the adoption yesterday of the European Commission's proposals to reduce CO2 emissions from cars and vans, the European Automobile Manufacturers' Association (ACEA) says it will now work with its members to conduct a full analysis of how the proposed targets should be reached as well as their feasibility, and what this means in practice for the industry as a whole.
    Read More
  • IDTechEx Research: RFID Market to reach US$11.2 billion in 2017
    August 7, 2017
    A new report by IDTechEx Research, RFID Forecasts, Players and Opportunities 2017-2027, IDTechEx Research, indicates that in 2017, the total RFID market will be worth US$11.2 billion, up from US$10.52 billion in 2016 and US$9.95 billion in 2015. This includes tags, readers and software/services for RFID labels, cards, fobs and other form factors, for passive and active RFID. In retail, RFID continues to be rolled-out for apparel tagging predominately - that application alone will demand 8.7 billion RFID lab
    Read More
  • Favourable government initiatives and new business models boost Poland’s EV market
    June 29, 2017
    Poland’s electro-mobility market is ripe for growth, according to research organisation Frost & Sullivan. Favourable government initiatives such as the Electro-mobility Plan and Electro-mobility and Alternative Fuels Act are reshaping local mobility and igniting innovative clean technologies to achieve higher competitiveness and energy optimisation.
    Read More
  • TomTom to cut costs and staff
    April 17, 2012
    TomTom has announced it is targeting substantial cost savings in 2012 through a reorganisation and reducing some 10 per cent of the workforce. A company statement said that its research and development activities will be regrouped in ten product units - maps, traffic, navigation, automotive systems, PNDs, fleet services, fitness, mobile, POIs and speedcams - in a drive to increase development efficiency and reduce time to market.
    Read More

Highlighted Content