The organization also said that the shortage of temperature controlling equipment is so severe that a recent report from the U.S. Department of State and the U.S. Foreign and Commercial Service estimated that between 25 percent and 50 percent of Russia’s agricultural output spoils before reaching the market.
The same report concludes that Russians would prefer to purchase the deep freezing and temperature control equipment they need from the international marketplace rather than from the domestic one.
“Russia’s ambition to achieve agricultural self-sufficiency, not to mention its wider economic goals, require enormous purchases in temperature controlling equipment and technology infrastructure,” said Lenny Pollack, chairman of IEG.
For more information on Refrigeration and DeepFreeze, visit www.iegexpo.com.
Publication date: 01/13/2003